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

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Highlights
- The median age of a home in Traverse City is 1.6% older than the median age of a home in Lansing.
 Traverse City, MILansing, MIUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$127,100$338,100
 Home Appr. Last 12 months19.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock54.0%57.0%
 Home Appr. Last 10 yrs.122.2%  Unlock101.1%
 Property Tax Rate  Unlock$24.2$11.0
 Homes Owned52.9%  Unlock57.4%
 Housing Vacant  Unlock10.2%11.2%
 Homes Rented34.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Traverse City, MILansing, MIUnited States
 Average Rent  Unlock$1,290$1,840
 Studio Apartment$760  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$820$1,180
 2 Bedroom Home or Apartment$1,100  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,310$1,860
 4 Bedroom Home or Apartment$1,480  Unlock$2,160
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 Vacant Housing
 Traverse City, MILansing, MIUnited States
 Vacant For Rent  Unlock2.5%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other3.4%  Unlock4.1%
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 Owner-Occupied Housing Value
 Traverse City, MILansing, MIUnited States
 Less Than $20,000  Unlock3.2%2.6%
 $20,000 to $39,9991.1%  Unlock2.4%
 $40,000 to $59,999  Unlock9.2%2.8%
 $60,000 to $79,9991.6%  Unlock3.9%
 $80,000 to $99,999  Unlock19.4%4.5%
 $100,000 to $149,9997.4%  Unlock11.3%
 $150,000 to $199,999  Unlock11.9%13.0%
 $200,000 to $299,99930.7%  Unlock20.1%
 $300,000 to $399,999  Unlock1.0%13.6%
 $400,000 to $499,9999.3%  Unlock8.3%
 $500,000 to $749,999  Unlock0.8%9.7%
 $750,000 to $999,9993.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%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, MILansing, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock4.0%13.6%
 2000 to 20097.9%  Unlock13.6%
 1990 to 1999  Unlock4.3%13.6%
 1980 to 19895.5%  Unlock13.2%
 1970 to 1979  Unlock15.5%14.8%
 1960 to 19696.2%  Unlock13.6%
 1950 to 1959  Unlock17.3%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock25.0%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 Lansing    28 Reviews

I am in my fifth house in the greater Lansing area since relocating here in 1997 from the tri-city area (Midland/Bay City/Saginaw). Pros: people are friendlier here-  More

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I first moved to Lansing in the early 2000s for grad school @ MSU, went away and returned after several years. I must say, the area has improved VERY significantly  More

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This is a really nice place to live and people here are friendly there is a lot to do and a wide variety of different people and belief systems if you know where to look  More

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