Search for any place in the USA:

        




Housing in Traverse City, Michigan

Overview, People, Health, Economy, Housing, Rankings, Climate, Crime
Education, Comments, Transportation, Cost of Living, Religion, Voting

HousingTraverse City, MIUnited States
Median Home Age5337
Median Home Cost$165,800$170,100
Home Appr. Last 12 months0.10%4.90%
Home Appr. Last 5 yrs.-10.10%-4.60%
Home Appr. Last 10 yrs.-7.40%12.70%
Property Tax Rate$13.56$12.07
Homes Owned52.22%57.34%
Housing Vacant14.95%12.47%
Homes Rented32.83%30.19%
AVERAGE RENT FOR HOME OR APARTMENT
Studio Apartment$584$661
1 Bedroom Home or Apartment$614$765
2 Bedroom Home or Apartment$815$957
3 Bedroom Home or Apartment$1,092$1,289
4 Bedroom Home or Apartment$1,096$1,490
VACANT HOUSING
Vancant For Rent4.93%2.50%
Vancant Rented0.71%0.46%
Vancant For Sale0.82%1.38%
Vancant Sold0.91%0.46%
Vancant Vacation4.70%3.81%
Vancant Other2.89%3.87%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,0003.38%3.30%
$20,000 to $39,9990.26%3.44%
$40,000 to $59,9990.80%4.18%
$60,000 to $79,9992.87%5.80%
$80,000 to $99,9994.51%7.08%
$100,000 to $149,99922.43%15.77%
$150,000 to $199,99924.71%15.03%
$200,000 to $299,99923.46%18.50%
$300,000 to $399,99910.00%10.39%
$400,000 to $499,9993.69%5.66%
$500,000 to $749,9993.00%6.39%
$750,000 to $999,9990.28%2.28%
$1,000,000 or more0.62%2.18%
HOUSING UNITS BY YEAR STRUCTURE BUILT
2010 and newer0.17%0.29%
2000 to 20099.28%14.18%
1990 to 19994.51%13.96%
1980 to 198911.30%13.99%
1970 to 197914.74%16.09%
1960 to 19694.51%13.96%
1950 to 195910.53%11.05%
1940 to 19497.00%5.59%
1939 or Earlier34.00%13.68%

The median home value in Traverse City, MI, is $165,800. Home appreciation is 0.10% over the last year. The median age of Traverse City, MI, real estate is 53 years.

Traverse City, MI Apartments and Rentals

Renters make up 32.83% of the Traverse City, MI, population. 14.95% 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)Our lakes and trails: We have the best lakes and trails to enjoy. Hiking, swimming, fishing, and boating are all available to... (read more)Have an opinion about Traverse City? Leave a commentTo See All SperlingViews for Traverse City Click Here