Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$187,465+10.7% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$40,638About 0.7× the local median income ($56,272): affordable for a typical household
Days on market57 daysFaster than a year ago: sellers have the edge
The typical home in Gladwin County, MI is worth $187,465, up 10.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $158,688, so the area is 18.1% overvalued. It is a seller's market: homes take about 57 days to sell, listings are down 3% from a year ago, 19% of listings have had a price cut. A household needs about $40,638 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,272. In the latest IRS figures, 222 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$187,465
Change in 1 year
+10.7%
Overvalued %
+18.1%
Show 6 more
Fair home value
$158,688
Change in 5 years
+27.5%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$1,016
Income needed to afford it
$40,638
Property tax rate
1.15%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−3.0%
Days on market
57
Listings with a price cut
19.2%
Show 3 more
Homes for sale
130
Pending sales per 100 listings
27
Asking price per sq ft
$185
People and jobs
Median household income
$56,272
Population change (1 year)
+0.5%
Unemployment rate
6.8%
Show 4 more
Population
26,077
Income adjusted for cost of living
$63,227
Net moves in (IRS)
+222
Cost of living (US = 100)
89.0
Schools, risk and environment
School rating (1 to 10)
4.4
FEMA hazard risk score (0 to 100)
40.3
Flood risk score
53.9
Show 3 more
Wildfire risk score
38.9
Walkability (1 to 20)
4.4
Road, rail and air noise
53 dB
Questions people ask
Is Gladwin County, MI overvalued?
Home prices in Gladwin County, MI are well above what local incomes have historically supported: fair value is about $158,688, so the area is 18.1% overvalued.
Is Gladwin County, MI a buyer's or seller's market?
Gladwin County, MI is a seller's market: homes take about 57 days to sell, listings are down 3% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Gladwin County, MI?
Home values in Gladwin County, MI are up 10.7% over the last year.
How much do you need to earn to buy a home in Gladwin County, MI?
A household needs about $40,638 a year to afford the typical home in Gladwin County, MI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $56,272.