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GULLIVER, MI 49840

Real Estate Market Report  ·  Schoolcraft County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The GULLIVER, MI real estate market (49840) currently shows 10 active listings, with 5 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 76 days last year.

The median listing price has risen 6.1% year-over-year, from $247,000 to $261,950.

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Market Context

Market Context

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

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

Market Overview

Active Listings
10
⇧ 42.9% vs 7 last year
Pending
5
50% pending ratio
Median Price
$261,950
⇧ 6.1% vs $247,000 last year
Average Price
$286,525
⇧ 1.2% vs $283,104 last year
Days on Market
81
⇧ 6.6% vs 76 days last year

Price Per Square Foot

Median $/sqft
$212
⇩ 28.9% vs $298/sqft last year
Median Home Size
986 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 7 last year
  • Days on market: 81 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $261,950 (+6.1% YoY)
  • Average: $286,525 (+1.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 50.9 miles — 61 listings ($19,543,876 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49840Gulliver, MI 498400.0 mi2$758,000$379,000$379,000
49838Gould City, MI 4983815.7 mi5$1,075,000$240,000$215,000
49883Seney, MI 4988320.2 mi1$174,000$174,000$174,000
49884Shingleton, MI 4988423.9 mi4$1,997,800$499,450$499,450
49895Wetmore, MI 4989529.1 mi11$3,660,338$297,125$332,758
49864Nahma, MI 4986434.9 mi2$389,000$194,500$194,500
49868Newberry, MI 4986836.0 mi18$4,520,844$185,000$251,158
49762Naubinway, MI 4976239.2 mi3$487,350$162,450$162,450
49816Chatham, MI 4981641.2 mi4$1,666,268$414,150$416,567
49748Hulbert, MI 4974845.0 mi3$261,525$87,175$87,175
49825Eben Junction, MI 4982546.7 mi3$1,475,001$425,000$491,667
49793Trout Lake, MI 4979348.9 mi3$1,503,750$501,250$501,250
49822Deerton, MI 4982250.9 mi2$1,575,000$787,500$787,500

Frequently Asked Questions

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

As of September 2026, there are 10 active listings in GULLIVER, MI (zip code 49840), compared to 7 the prior year.

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

The median listing price in GULLIVER, MI 49840 is $261,950 as of September 2026, a 6.1% increase from $247,000 the prior year.

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

Homes in GULLIVER, MI 49840 spend an average of 81 days on the market before going under contract, compared to 76 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 September 2026, GULLIVER, MI 49840 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 76 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 $5,239 compared to a typical 5% commission on the median listing price of $261,950. 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.