Market Overview
Home Prices in Gulliver, MI
The median home value in Gulliver, MI is $230,121 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.2% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gulliver are priced44% below average.
Over the past five years, Gulliver home values have risen by approximately32.4%, reflecting strong long-term appreciation in this market.
Price History
Gulliver Home Price Trend
2020
$142,517
$143K
—
2021
$173,760
$174K
+21.9%
2022
$215,931
$216K
+24.3%
2023
$214,068
$214K
-0.9%
2024
$202,687
$203K
-5.3%
2025
$205,106
$205K
+1.2%
2026
$230,121
$230K
+12.2%
City Comparison
Gulliver vs. National Median
🏠 Gulliver
$230,121
National Median
$410,000
At $230,121, homes in Gulliver cost 44% below the national median of $410,000. This makes Gulliver a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gulliver?
20% Down Payment
$46,024
on $230,121
Monthly P&I
$1,200/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,524/mo
incl. taxes & insurance
Income Needed
$60,960
gross annual (30% rule)
10% Down Option
$23,012
+ PMI applies
Loan Amount (20% dn)
$184,097
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gulliver, MI?
The median home value in Gulliver is $230,121 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.2% year-over-year.
How much have home prices changed in Gulliver?
Over the past year, home values in Gulliver have increased by 12.2%. Over five years, prices have risen approximately 32.4%.
How much do I need to earn to buy a home in Gulliver?
To comfortably afford the median home price of $230,121 with a 20% down payment ($46,024) at today's rates (6.8%), you'd need a gross annual income of approximately $60,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Gulliver compare to the national average home price?
The national median home value is approximately $410,000. At $230,121, homes in Gulliver are 44% below the national average.