Housing in Traverse City, Michigan
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Housing - Updated September, 2011
| Median Home Age | 49.3 | 35.1 |
| Median Home Cost | $158,400 | $175,100 |
| Home Appreciation | -4.08% | -3.15% |
| Homes Owned | 56.05% | 59.90% |
| Housing Vacant | 6.89% | 10.37% |
| Homes Rented | 37.06% | 29.73% |
| Property Tax Rate | $10.63 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
Click Links Below to see Properties | | |
| Less Than $20,000 | 0.10% | 2.65% |
| $20,000 to $39,999 | 0.33% | 3.76% |
| $40,000 to $59,999 | 0.96% | 4.99% |
| $60,000 to $79,999 | 4.01% | 6.01% |
| $80,000 to $99,999 | 7.81% | 7.27% |
| $100,000 to $149,999 | 34.20% | 19.24% |
| $150,000 to $199,999 | 21.22% | 14.67% |
| $200,000 to $299,999 | 18.70% | 18.09% |
| $300,000 to $399,999 | 6.22% | 9.14% |
| $400,000 to $499,999 | 2.92% | 4.94% |
| $500,000 to $749,999 | 2.47% | 5.42% |
| $750,000 to $999,999 | 0.88% | 2.03% |
| $1,000,000 or more | 0.18% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 8.69% | 13.71% |
| 1995 to 1998 | 3.50% | 8.54% |
| 1990 to 1994 | 5.95% | 5.77% |
| 1980 to 1989 | 9.45% | 13.87% |
| 1970 to 1979 | 15.38% | 16.17% |
| 1960 to 1969 | 7.97% | 11.70% |
| 1950 to 1959 | 10.31% | 11.08% |
| 1940 to 1949 | 6.45% | 6.02% |
| 1939 or Earlier | 32.30% | 13.15% |
The median home value in Traverse City, MI, is $158,400. Home appreciation is -4.08% over the last year. The median age of Traverse City, MI, real estate is 49 years.
Traverse City, MI Apartments and Rentals
Renters make up 37.06% of the Traverse City, MI, population. 6.89% of houses and apartments in Traverse City, MI, are unoccupied (vacancy rate).
Traverse City Housing SperlingViews
Housing for low income families: Hello I've lived in Traverse city, MI for all my life and one thing I have
noticed is T.C. seems to be lagging behind a bit in the low income housing developments area.... (read more)Big Disappointment: We travel extensively in MI - it has always been one of our favorite places to spend a summer. In the past, TC has been one of our favorite cities. We just were there... (read more)Traverse City - Good experiences: I have relatives in Leland and have been in Traverse City many times. I have always had a positive experience while visiting. Traverse City, Leland, and the... (read more)Have an opinion about Traverse City? Leave a commentTo See All SperlingViews for Traverse City Click Here
