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GULLIVER, MI 49840

Real Estate Market Report  ·  Schoolcraft County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$379,000
⇩ 10.8% vs $424,675 last year
Average Price
$331,300
⇩ 22% vs $424,675 last year
Days on Market
121
⇩ 37% vs 192 days last year

Market Context

Population: 707  ·  Density: 1.1/mi²  ·  Median household income: $58,750

Typical home value: $166,539  ·  Homeownership: 96.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GULLIVER, MI real estate market (49840) currently shows 2 active listings, with 1 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 121 days on market compared to 192 days last year.

The median listing price has fallen 10.8% year-over-year, from $424,675 to $379,000.

Whether you are buying or selling in GULLIVER, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 121 now vs 192 last year

Median & Average Pricing

Year over Year
  • Median: $379,000 (-10.8% YoY)
  • Average: $331,300 (-22% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 48.9 miles — 79 listings ($24,250,620 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49840Gulliver, MI 498400.0 mi2$662,600$379,000$331,300
49854Manistique, MI 4985414.9 mi20$7,163,880$326,000$358,194
49820Curtis, MI 4982018.6 mi2$1,579,900$789,950$789,950
49853McMillan, MI 4985321.6 mi8$1,739,464$199,900$217,433
49817Cooks, MI 4981724.9 mi2$499,800$249,900$249,900
49895Wetmore, MI 4989529.1 mi9$3,149,001$325,000$349,889
49864Nahma, MI 4986434.9 mi2$399,000$199,500$199,500
49868Newberry, MI 4986836.0 mi16$4,090,240$185,000$255,640
49762Naubinway, MI 4976239.2 mi4$740,000$184,000$185,000
49816Chatham, MI 4981641.2 mi5$2,057,835$349,900$411,567
49748Hulbert, MI 4974845.0 mi3$269,700$89,900$89,900
49825Eben Junction, MI 4982546.7 mi2$966,000$399,000$483,000
49793Trout Lake, MI 4979348.9 mi4$933,200$200,000$233,300

Frequently Asked Questions

How many homes are for sale in GULLIVER, MI 49840?

As of January 2026, there are 2 active listings in GULLIVER, MI (zip code 49840), compared to 2 the prior year.

What is the median home price in GULLIVER, MI 49840?

The median listing price in GULLIVER, MI 49840 is $379,000 as of January 2026, a 10.8% decrease from $424,675 the prior year.

How long do homes stay on the market in GULLIVER, MI?

Homes in GULLIVER, MI 49840 spend an average of 121 days on the market before going under contract, compared to 192 days the prior year.

Is it a seller's or buyer's market in GULLIVER, MI 49840?

Based on current inventory and days-on-market data as of January 2026, GULLIVER, MI 49840 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 121 days on market compared to 192 days last year.

How much can I save on real estate commission in GULLIVER, MI?

With SELL123.com's maximum 3% commission, sellers in GULLIVER, MI 49840 save an estimated $7,580 compared to a typical 5% commission on the median listing price of $379,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.