Gladwin County, Michigan home prices
Typical home $187,465 · +10.7% in a year · property tax 1.15%
The typical home in Gladwin County is worth $187,465, 29% less than the Michigan typical home ($263,760). Values changed +10.7% in the past year and +27.5% over five years. Homeowners here pay a median 1.15% of their home's value in property tax each year ($2,156 on the typical home), versus 1.17% statewide.
Mortgage on the typical Gladwin County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $37,493 | $149,972 | $1,009 | $0 | $273 | $1,282 | $55,000 |
| 10% down | $18,746 | $168,718 | $1,135 | $70 | $273 | $1,479 | $63,400 |
| 5% down | $9,373 | $178,091 | $1,198 | $74 | $273 | $1,546 | $66,200 |
| 3.5% down (FHA) | $6,561 | $184,069 | $1,238 | $83 | $273 | $1,595 | $68,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.15% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Michigan.
Michigan counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bay County | $186,141 | +6.5% | 1.49% |
| Tuscola County | $185,735 | +5.6% | 1.21% |
| Calhoun County | $190,006 | +3.2% | 1.45% |
| Menominee County | $184,675 | +5.3% | 1.01% |
| Roscommon County | $191,859 | +0.3% | 1.01% |
| Alpena County | $193,096 | +8.5% | 1.06% |
| Alcona County | $194,373 | +8.1% | 0.82% |
| Ogemaw County | $180,468 | +6.0% | 0.95% |
| Dickinson County | $180,433 | +4.4% | 1.27% |
| Gratiot County | $180,252 | +6.2% | 1.24% |
Frequently asked questions
What is the average home price in Gladwin County, MI?
The typical home value in Gladwin County is $187,465 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Gladwin County?
About $55,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Gladwin County?
The median effective rate is 1.15% of home value a year (Census ACS 2024 5-year estimates).