2025 Compare Cities Housing:
Lebanon, OR vs Traverse City, MI

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Highlights
- The median age of a home in Lebanon is 43.2% younger than the median age of a home in Traverse City.
 Lebanon, ORTraverse City, MIUnited States
 Median Home Age44  Unlock42
 Median Home Cost  Unlock$394,900$338,100
 Home Appr. Last 12 months14.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock69.9%57.0%
 Home Appr. Last 10 yrs.144.5%  Unlock101.1%
 Property Tax Rate  Unlock$13.2$11.0
 Homes Owned52.0%  Unlock57.4%
 Housing Vacant  Unlock12.8%11.2%
 Homes Rented46.1%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Lebanon, ORTraverse City, MIUnited States
 Average Rent  Unlock$1,320$1,840
 Studio Apartment$870  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$930$1,180
 2 Bedroom Home or Apartment$1,240  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,340$1,860
 4 Bedroom Home or Apartment$1,970  Unlock$2,160
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 Vacant Housing
 Lebanon, ORTraverse City, MIUnited States
 Vacant For Rent  Unlock3.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock6.4%3.6%
 Vacant Other0.3%  Unlock4.1%
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 Owner-Occupied Housing Value
 Lebanon, ORTraverse City, MIUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9992.2%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9991.7%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9996.0%  Unlock11.3%
 $150,000 to $199,999  Unlock11.3%13.0%
 $200,000 to $299,99940.3%  Unlock20.1%
 $300,000 to $399,999  Unlock22.2%13.6%
 $400,000 to $499,9992.6%  Unlock8.3%
 $500,000 to $749,999  Unlock10.8%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.9%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.9%1.1%
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 Housing Units By Year Built
 Lebanon, ORTraverse City, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock7.9%13.6%
 2000 to 200912.8%  Unlock13.6%
 1990 to 1999  Unlock6.2%13.6%
 1980 to 19895.4%  Unlock13.2%
 1970 to 1979  Unlock15.3%14.8%
 1960 to 196915.9%  Unlock13.6%
 1950 to 1959  Unlock12.0%10.0%
 1940 to 194913.9%  Unlock4.7%
 1939 or Earlier  Unlock34.8%12.2%
Reviews for Lebanon    4 Reviews

Over 5 years ago

We’ve lived in the city for 1 1/2 years now, and we love it. We live in the Riverside Estate near the river and Cheadle lake, and the scenery is beautiful! Yes, the  More

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Over 18 years ago

11/20/2007 Spent the summer in Lebanon and it is a growing community. It is pretty with friendly people. They sure could use some road improvement and traffic at times  More

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Over 18 years ago

The climate is a little foggy for me  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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