Wolf Lake, MI Real Estate

According to census data in the year 2000 there were 1,733 housing units in Wolf Lake. This represents a 13% growth from 1,533 in 1990.

Of those housing units, 1,733 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wolf Lake is about 91.6%. Wolf Lake's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Wolf Lake were built after 1973.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom6.10%
Two Bedrooms35.40%
Three Bedrooms45.10%
Four Bedrooms10%
Five Bedrooms or more2.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1975
Median Value of occupied units$74,500
Median Price asked for vacant units$68,600

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1951
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.80%
Home Equity Loan5.60%
Simple Mortgage62.90%
Debt Free26.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.1%