2025 Compare Cities Housing:
Traverse City, MI vs Ferndale, MI

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Highlights
- The median age of a home in Traverse City is 22.2% younger than the median age of a home in Ferndale.
 Traverse City, MIFerndale, MIUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$214,700$338,100
 Home Appr. Last 12 months19.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock52.6%57.0%
 Home Appr. Last 10 yrs.122.2%  Unlock101.1%
 Property Tax Rate  Unlock$14.3$11.0
 Homes Owned52.9%  Unlock57.4%
 Housing Vacant  Unlock5.5%11.2%
 Homes Rented34.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Traverse City, MIFerndale, MIUnited States
 Average Rent  Unlock$1,590$1,840
 Studio Apartment$760  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,010$1,180
 2 Bedroom Home or Apartment$1,100  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,610$1,860
 4 Bedroom Home or Apartment$1,480  Unlock$2,160
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 Vacant Housing
 Traverse City, MIFerndale, MIUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.3%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other3.4%  Unlock4.1%
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 Owner-Occupied Housing Value
 Traverse City, MIFerndale, MIUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9991.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.5%2.8%
 $60,000 to $79,9991.6%  Unlock3.9%
 $80,000 to $99,999  Unlock3.8%4.5%
 $100,000 to $149,9997.4%  Unlock11.3%
 $150,000 to $199,999  Unlock27.5%13.0%
 $200,000 to $299,99930.7%  Unlock20.1%
 $300,000 to $399,999  Unlock11.7%13.6%
 $400,000 to $499,9999.3%  Unlock8.3%
 $500,000 to $749,999  Unlock0.5%9.7%
 $750,000 to $999,9993.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Traverse City, MIFerndale, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock3.6%13.6%
 2000 to 20097.9%  Unlock13.6%
 1990 to 1999  Unlock1.0%13.6%
 1980 to 19895.5%  Unlock13.2%
 1970 to 1979  Unlock5.8%14.8%
 1960 to 19696.2%  Unlock13.6%
 1950 to 1959  Unlock16.8%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock42.9%12.2%
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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Reviews for Ferndale    7 Reviews

Over 6 years ago

Ferndale is the heart and soul of the Michigan LGBT community. The pricing on this site is off though-- a studio is $700+ here. A one bedroom is $950+. This is without  More

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I have lived in Ferndale for 20 years. I grew up in the 60's on the East Side of Detroit. I was on the Assessing Review Board and Ferndale's Beautification Commission  More

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Over 13 years ago

Ferndale is a great walking town a short distance from Detroit. Lots of shops and restaurants within a mile of each other. It's also a very progressive community with  More

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