Elwell MI Multi Family for Sale

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Elwell Real Estate

The median home value in Elwell, MI is $111,250. This is lower than the county median home value of $133,200. The national median home value is $338,100. The average price of homes sold in Elwell, MI is $111,250. Approximately 87.61% of Elwell homes are owned, compared to 7.16% rented, while 5.24% 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 23.87% of the households containing married families with children. The county average for households married with children is 26.14%.

The median household income in Elwell, Michigan is $60,764. The median household income for the surrounding county is $53,347 compared to the national median of $69,021. The median age of people living in Elwell is 40.3 years.

Elwell Weather

The average high temperature in July is 82.5 degrees, with an average low temperature in January of 13.9 degrees. The average rainfall is approximately 32.9 inches per year, with 50.8 inches of snow per year.

Elwell Real Estate Market Conditions

  • Median sales price

    $111,250
    12.2% change since last quarter
  • # Active listings

    2
    30-day change

Elwell Schools and Demographics

Education near Elwell, MI

Metric City County
High School Graduates 95.65 91.84
College Degree - 2 year 6.78 9.02
College Degree - 4 year 15.98 16.81
Graduate Degree 2.12 4.15
Expenditures per Student 12,047 12,047
Students per Teacher 16.9 16.9

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 Small town
Population 1,475 41,758
Population Density 57 74
Median Age 40.3 39.9
People per Household 2.6 2.4
Median Household Income 60,764 53,347
Average Income per Capita 26,617 25,651