ZIP Code Market Report
49840 — Gulliver, MI
Data through February 2026 · Updated monthly
Avg Home Value
$205,719
▲ 10.6% year-over-year
Month-over-Month
+1.5%
▲ 1.5%
Single Family
$202,203
Condo / Co-op
--
The average home value in the 49840 ZIP code (Gulliver, MICHIGAN) is $205,719 as of February 2026. Home prices are rising, up 10.6% compared to last year.
This report is part of the Schoolcraft County market area in MICHIGAN. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Schoolcraft County report.
Free Home Value Estimate
What's your home worth in 49840 (Gulliver)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
49840 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $203,265 | $202,770 | $205,719 | ▲ 1.2% |
| Single Family Value | $197,686 | $199,645 | $202,203 | ▲ 2.3% |
Home Values
49840 Home Value Trend
Historical home values for ZIP code 49840. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 49840
How different property types compare in this ZIP code.
All Homes
$205,719
Single Family
$202,203
Top Tier
$322,937
Data Sources and Methodology
Home value data for ZIP code 49840 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Gulliver?
Run your ARV and MAO instantly with live market data