South Gull Lake, MI Real Estate

According to census data in the year 2000 there were 863 housing units in South Gull Lake. This represents a 0.9% growth from 855 in 1990.

Of those housing units, 850 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.

Homeownership rate in South Gull Lake is about 85.1%. South Gull Lake's vacancy rate, including seasonal lodging, is about 28.3%. Average household size is 2.37 people.

The majority of houses, apartments or condos in South Gull Lake were built after 1955.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom7.80%
Two Bedrooms25.30%
Three Bedrooms43.10%
Four Bedrooms21.90%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1954
Median Value of occupied units$311,300
Median Price asked for vacant units$205,000

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1959
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan13.60%
Simple Mortgage46.40%
Debt Free35.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%