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Housing

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  HOUSING OVERVIEW
  

The median home value in Traverse City, Michigan, is $190,600. Home appreciation is -3.88% over the last 10 years. The median age of Traverse City, Michigan, real estate is 53 years.

Traverse City, Michigan Apartments and Rentals

Renters make up 31.84% of the Traverse City, Michigan, population. 16.27% of houses and apartments in Traverse City, Michigan, are unoccupied (vacancy rate).


  HOUSINGTraverse City, MichiganUnited States
  Median Home Age  5337
  Median Home Cost  $190,600$185,800
  Home Appr. Last 12 months  4.08%3.74%
  Home Appr. Last 5 yrs.  8.91%16.02%
  Home Appr. Last 10 yrs.  -3.88%-0.68%
  Property Tax Rate  $13.50$11.80
  Homes Owned  51.89%56.34%
  Housing Vacant  16.27%12.45%
  Homes Rented  31.84%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $571$712
  1 Bedroom Home or Apartment  $665$825
  2 Bedroom Home or Apartment  $878$1,027
  3 Bedroom Home or Apartment  $1,199$1,379
  4 Bedroom Home or Apartment  $1,203$1,601
  VACANT HOUSING
  Vacant For Rent  5.01%2.34%
  Vacant Rented  1.55%0.46%
  Vacant For Sale  0.00%1.20%
  Vacant Sold  1.19%0.46%
  Vacant Vacation  5.10%3.97%
  Vacant Other  3.43%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  4.35%4.57%
  $20,000 to $39,999  0.22%3.37%
  $40,000 to $59,999  0.52%4.19%
  $60,000 to $79,999  3.82%5.74%
  $80,000 to $99,999  2.63%6.79%
  $100,000 to $149,999  20.76%15.19%
  $150,000 to $199,999  28.92%14.69%
  $200,000 to $299,999  22.89%18.15%
  $300,000 to $399,999  7.42%10.43%
  $400,000 to $499,999  3.85%5.70%
  $500,000 to $749,999  2.66%6.39%
  $750,000 to $999,999  0.45%2.41%
  $1,000,000 or more  1.51%2.39%

  HOUSING MAP

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Reviews for Traverse City


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  8/16/2017
Northern Michigan

I've lived here my whole life. As the cost of living is getting totally out of control, wages suck. Employers bitch because they can't find employees for $8.50 per... (Read More)

 14

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  8/16/2017
Northern Michigan

I've live here my whole life. As cost of living is getting totally out of control, wages suck. Employers bitch because they can't find employees for 8.00 dollars and... (Read More)

 13

 15

  7/13/2014
TC is loaded with bible thumping racists, homophob

we moved here knowing how beautiful the landscape is, but the people are rude and judgmental. if you enjoy the gossip and are nosey, you will fit right in. Their... (Read More)

 93

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