Skip to content
Skip to content
TopHapOpen in map

Gulliver 49840

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Michigan
$48K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
2
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$233K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2017 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
JanApr
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
JanApr
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
JanApr
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
JanApr

Housing Stock

HomesHow many homes we have records for in this area.782
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$233K
Median sizeThe middle home size here, measured in square feet.1,384 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.2012
Single familyThe share of homes here that are single-family houses.100%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.90%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.2.3%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.43%
Company ownedThe share of homes owned by a company or trust instead of a person.13%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.10.2 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.99
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.78
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.54%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.19%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.2.0%
PopulationHow many people live in this area.971
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$62K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74K
Average tempThe average temperature here across a full year.41°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.47%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Gulliver 49840 compares

By median home value, Gulliver 49840 is the 1st most expensive of 4 ZIP codes in Schoolcraft County, and its typical home is worth more than 73% of all homes in Schoolcraft County.

Home values in Gulliver 49840

Share of homes at each estimated value.

Median
$121K$531K
ZIP codes in Schoolcraft County ranked by median home value
#Schoolcraft CountyMedian valueHomes
1Gulliver 49840$233K782
2Cooks 49817$166K308
3Manistique 49854$163K3,087
4Seney 49883$117K528

About the Gulliver 49840 market

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

The median sale price in Gulliver 49840, MI is $48,000 (data through April 2017), based on deeds recorded with the county.

How many homes sell in Gulliver 49840, MI each year?

2 homes sold in Gulliver 49840, MI over the last 12 months (data through April 2017). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Gulliver 49840, MI?

Gulliver 49840, MI contains 782 residential properties, with a median of 1,384 square feet, built around 2012. The median TopHap Estimate is $233K.

How does Gulliver 49840, MI compare to the rest of Schoolcraft County?

By median home value, Gulliver 49840, MI is the 1st most expensive of 4 ZIP codes in Schoolcraft County. Its typical home is worth more than 73% of all homes in Schoolcraft County. Cooks 49817 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Gulliver 49840, MI?

43% of homes in Gulliver 49840, MI are owner-occupied. 13% are held by a company rather than an individual.

How much equity do owners in Gulliver 49840, MI hold?

90% of mortgaged homes in Gulliver 49840, MI are equity-rich, meaning the loan balance is under half the home's value. 2.3% owe more than the home is worth.

Nearby markets

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse Michigan property records.

Explore Gulliver 49840 on the map

See every recorded sale, price heat map, school zone and flood overlay across Gulliver 49840 in TopHap’s interactive 3D map.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map