A typical Gourley home is worth roughly $219,000
What kind of housing town is Gourley?
Read from the numbers below. The page puts what stands out first.
94% of Gourley households own their home
Half of Gourley’s homes were built before 1989.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Gourley
Try your own numbers below.
That covers a typical Gourley home, with $52K to spare.
A two-bedroom rents for about $1,210 a month here, $160 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Michigan typical property tax (1.25% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,210
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Menominee County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Gourley vs. its neighbors
Gourley is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Gourley | $219K* | — | $1,210 | $77,697 |
| Harris | $169K* | — | $1,030 | $55,104 |
| Cedarville | $329K | +8.4% | $1,050 | $71,250 |
| Nadeau | $158K* | — | $1,400 | $54,500 |
| Ford River | $171K* | +30.8%† | $1,080 | $69,878 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Gourley buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.