Home / Select Cities  /  2024 Comparing Florence, OR vs. Traverse City, MI

2024 Compare Cities Housing:
Florence, OR vs Traverse City, MI

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Highlights
- The median age of a home in Florence is 103.2% younger than the median age of a home in Traverse City.

Housing
 Florence, ORTraverse City, MIUnited States
 Median Home Age316342
 Median Home Cost$390,500$394,900$338,100
 Home Appr. Last 12 months13.1%19.8%16.6%
 Home Appr. Last 5 yrs.67.4%69.9%57.0%
 Home Appr. Last 10 yrs.126.6%122.2%101.1%
 Property Tax Rate$9.1$13.2$11.0
 Homes Owned57.6%52.9%57.4%
 Housing Vacant10.9%12.8%11.2%
 Homes Rented31.4%34.2%31.4%
 space
 Avg Rent For Home Or Apartment
 Florence, ORTraverse City, MIUnited States
 Average Rent$1,810$1,320$1,840
 Studio Apartment$870$760$1,080
 1 Bedroom Home or Apartment$980$930$1,180
 2 Bedroom Home or Apartment$1,290$1,100$1,430
 3 Bedroom Home or Apartment$1,840$1,340$1,860
 4 Bedroom Home or Apartment$2,210$1,480$2,160
 space1
 Vacant Housing
 Florence, ORTraverse City, MIUnited States
 Vacant For Rent0.2%3.0%1.9%
 Vacant Rented0.0%0.0%0.4%
 Vacant For Sale0.4%0.0%0.7%
 Vacant Sold0.0%0.0%0.4%
 Vacant Vacation7.8%6.4%3.6%
 Vacant Other2.6%3.4%4.1%
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 Owner-Occupied Housing Value
 Florence, ORTraverse City, MIUnited States
 Less Than $20,0000.8%0.3%2.6%
 $20,000 to $39,9994.5%1.1%2.4%
 $40,000 to $59,9993.3%0.0%2.8%
 $60,000 to $79,9993.1%1.6%3.9%
 $80,000 to $99,9990.8%0.0%4.5%
 $100,000 to $149,9996.2%7.4%11.3%
 $150,000 to $199,99910.6%11.3%13.0%
 $200,000 to $299,99932.1%30.7%20.1%
 $300,000 to $399,99921.6%22.2%13.6%
 $400,000 to $499,99911.5%9.3%8.3%
 $500,000 to $749,9994.8%10.8%9.7%
 $750,000 to $999,9990.8%3.0%3.9%
 $1,000,000 to $1,499,9990.0%0.9%2.2%
 $1,500,000 to $1,999,9990.0%0.4%0.8%
 $2,000,000 and over0.0%0.9%1.1%
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 Housing Units By Year Built
 Florence, ORTraverse City, MIUnited States
 2015 and Newer0.2%0.0%0.2%
 2010 to 201423.1%7.9%13.6%
 2000 to 200923.1%7.9%13.6%
 1990 to 199922.4%6.2%13.6%
 1980 to 198910.8%5.5%13.2%
 1970 to 197923.6%15.3%14.8%
 1960 to 196922.4%6.2%13.6%
 1950 to 19594.0%12.0%10.0%
 1940 to 19490.6%5.3%4.7%
 1939 or Earlier3.0%34.8%12.2%

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Reviews for Florence    13 Reviews

I'd like to retire to Florence from Southern California. San Diego is too crowded with dirty water from Mexico. It's also too expensive in coastal California and even  More

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I have concerns about the bear and cougar sitings Has anyone actually been attacked or killed? Should that stop me from moving to  More

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Over 7 years ago

We vacationed here every year for 15 years. Finally we bought a home within walking distance to the ocean three months ago. We love it. There is rain and fog, but the  More

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Reviews for Traverse City    28 Reviews

Beautiful, clean, surrounded by some of the most beautiful and unpolluted nature in the nation, interesting residents from all over the world, an open-minded liberal  More

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Teri · 

Sorry I moved here homes overpriced, local people are rude. Too many rambo type personalities, pickup trucks and illiteracy Fun for about a week. Restaurants are  More

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Left in '78. Should have left sooner. If you are a snob and think you're better than any one else then maybe you can get a job teaching here. Hated it as a kid and come  More

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ZIPS IN FLORENCE, OREGON
97439
ZIPS IN TRAVERSE CITY, MICHIGAN
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