49840, Gulliver, MI

The Gulliver zip code, 49840, has a population of just over 9,000 people. The median household income in this zip code is just over $60,000. This means that the home equity and home prices in this area are quite high.

As of September 2017, the median home value in the Gulliver zip code was $277,500. This is a significant increase from the median home value of $205,000 that was recorded in September 2016. Over the past year or so, the average monthly gain for homes in this zip code has been around 2%.

This high level of home equity and property values can be attributed to a number of factors. For example, Gulliver is located within one of Michigan's most prosperous counties - Washtenaw - which has seen strong economic growth over recent years. Additionally, Gulliver is situated close to several major cities - Ann Arbor, Detroit and Lansing - which have helped to drive up demand for housing within this area.

While there are some risks associated with owning a home in Gulliver - such as potential market volatility or interest rate hikes - overall it appears that homeownership opportunities here are very favourable compared to many other parts of Michigan. If you're looking for an area where you can afford to buy a house without having to worry about financial hardship later on down the road, then it may be worth considering living in the Gulliver zip code