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GULLIVER, MI 49840

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

Market Analysis

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

The GULLIVER, MI real estate market (49840) currently shows 2 active listings, with 1 pending sales. Homes are averaging 87 days on the market before going under contract.

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 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
2
Pending
1
50% pending ratio
Median Price
$379,000
Average Price
$379,000
Days on Market
87

Price Per Square Foot

Median $/sqft
$526
Median Home Size
720 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

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 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 February 2026, there are 2 active listings in GULLIVER, MI (zip code 49840).

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

The median listing price in GULLIVER, MI 49840 is $379,000 as of February 2026.

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

Homes in GULLIVER, MI 49840 spend an average of 87 days on the market before going under contract.

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

Based on current inventory and days-on-market data as of February 2026, GULLIVER, MI 49840 is currently a Balanced Market.

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.