Is Gulliver, MI 49840 a buyer’s or seller’s market?
Gulliver is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Gulliver housing market right now
In the three months ending August 31, 2026, 20% of homes in Gulliver, MI 49840 sold above their list price, the typical home went under contract in 19 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (45 days then) and the median sale price rose 25% to $349,849. Overall, Gulliver is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Seney 49883 (0% sold over asking) or Germfask 49836 (0% sold over asking), while Manistique 49854 (38% sold over asking) is even more competitive.
Run the numbers for 49840
Nearby markets
Germfask 49836Seller’s market $254 /sq ftManistique 49854Balanced $109 /sq ftSeney 49883Buyer’s market $262 /sq ft Browse all markets →Where Gulliver is
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Questions about Gulliver real estate
Is Gulliver a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Gulliver, MI 49840 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gulliver?
The typical home went under contract in 19 days in the latest three months.
Do homes in Gulliver sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Gulliver?
About 0.99% of a home’s value a year in Schoolcraft County, or roughly $3,960 on a $400,000 home.
What is the median home price in Gulliver?
The median sale price was $349,849 in the three months ending August 31, 2026, about $209 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology