Elwell MI Commercial for Sale

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Elwell Real Estate

The median home value in Elwell, MI is $116,250. This is higher than the county median home value of $89,500. The national median home value is $219,700. The average price of homes sold in Elwell, MI is $116,250. Approximately 78.15% of Elwell homes are owned, compared to 10.22% rented, while 11.64% are vacant. Elwell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elwell real estate agent to arrange a tour today!

Elwell, Michigan has a population of 1,475. Elwell is less family-centric than the surrounding county with 23.73% of the households containing married families with children. The county average for households married with children is 26.39%.

The median household income in Elwell, Michigan is $52,628. The median household income for the surrounding county is $42,256 compared to the national median of $57,652. The median age of people living in Elwell is 42.4 years.

Elwell Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 32.8 inches per year, with 39.5 inches of snow per year.

Elwell Real Estate Market Conditions

  • Median sales price

    $116,250
    12.26% change since last quarter
  • # Active listings

    4
    30-day change

Elwell Schools and Demographics

Education near Elwell, MI

Metric City County
High School Graduates 93.93 89.89
College Degree - 2 year 11.95 8.38
College Degree - 4 year 16.89 14.72
Graduate Degree 3.42 4.64
Expenditures per Student 10,141 12,476
Students per Teacher 18.4 19.7

Elementary Schools near Elwell, MI

School Grades Students P/T Ratio ZIP
Hillcrest Elementary School 02 - 03 338 17.2 48801
LUCE Road Elementary School PK - 01 324 14.7 48801
Morey Montessori Public School Academy PK - 08 135 15 48883
Shepherd Elementary School KG - 05 699 18.4 48883
Vestaburg Community Elementary School KG - 06 298 16.6 48891
WINN Elementary School KG - 05 147 18.4 48896

Middle Schools near Elwell, MI

School Grades Students P/T Ratio ZIP
Donald L. Pavlik Middle School 06 - 08 546 19.8 48801
Pine Avenue Elementary School 04 - 05 339 19.5 48801
Shepherd Middle School 06 - 08 395 18.6 48883

High Schools near Elwell, MI

School Grades Students P/T Ratio ZIP
Alma Senior High School 09 - 12 642 18.8 48801
Shepherd High School 09 - 12 513 21.1 48883
Vestaburg Community High School 07 - 12 296 17.8 48891

Demographics near Elwell, MI

Metric City County
Neighborhood Type Rural
Population 1,475 41,319
Population Density 57 73
Median Age 42.4 39
People per Household 2.7 2.4
Median Household Income 52,628 42,256
Average Income per Capita 22,379 20,597