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

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

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Highlights
- The median age of a home in Traverse City is 38.1% older than the median age of a home in Medford.

Housing
 Traverse City, MIMedford, ORUnited States
 Median Home Age633942
 Median Home Cost$394,900$376,700$338,100
 Home Appr. Last 12 months19.8%8.5%16.6%
 Home Appr. Last 5 yrs.69.9%52.9%57.0%
 Home Appr. Last 10 yrs.122.2%129.8%101.1%
 Property Tax Rate$13.2$8.9$11.0
 Homes Owned52.9%51.6%57.4%
 Housing Vacant12.8%4.8%11.2%
 Homes Rented34.2%43.6%31.4%
 space
 Avg Rent For Home Or Apartment
 Traverse City, MIMedford, ORUnited States
 Average Rent$1,320$1,760$1,840
 Studio Apartment$760$840$1,080
 1 Bedroom Home or Apartment$930$960$1,180
 2 Bedroom Home or Apartment$1,100$1,260$1,430
 3 Bedroom Home or Apartment$1,340$1,790$1,860
 4 Bedroom Home or Apartment$1,480$2,150$2,160
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 Vacant Housing
 Traverse City, MIMedford, ORUnited States
 Vacant For Rent3.0%1.0%1.9%
 Vacant Rented0.0%0.1%0.4%
 Vacant For Sale0.0%0.8%0.7%
 Vacant Sold0.0%0.5%0.4%
 Vacant Vacation6.4%0.4%3.6%
 Vacant Other3.4%2.0%4.1%
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 Owner-Occupied Housing Value
 Traverse City, MIMedford, ORUnited States
 Less Than $20,0000.3%1.5%2.6%
 $20,000 to $39,9991.1%1.9%2.4%
 $40,000 to $59,9990.0%1.4%2.8%
 $60,000 to $79,9991.6%1.3%3.9%
 $80,000 to $99,9990.0%0.5%4.5%
 $100,000 to $149,9997.4%3.4%11.3%
 $150,000 to $199,99911.3%7.5%13.0%
 $200,000 to $299,99930.7%30.4%20.1%
 $300,000 to $399,99922.2%29.2%13.6%
 $400,000 to $499,9999.3%13.3%8.3%
 $500,000 to $749,99910.8%7.9%9.7%
 $750,000 to $999,9993.0%1.3%3.9%
 $1,000,000 to $1,499,9990.9%0.4%2.2%
 $1,500,000 to $1,999,9990.4%0.1%0.8%
 $2,000,000 and over0.9%0.0%1.1%
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 Housing Units By Year Built
 Traverse City, MIMedford, ORUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 20147.9%14.6%13.6%
 2000 to 20097.9%14.6%13.6%
 1990 to 19996.2%18.8%13.6%
 1980 to 19895.5%10.7%13.2%
 1970 to 197915.3%16.1%14.8%
 1960 to 19696.2%18.8%13.6%
 1950 to 195912.0%8.5%10.0%
 1940 to 19495.3%5.7%4.7%
 1939 or Earlier34.8%9.0%12.2%

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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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Reviews for Medford    51 Reviews

Our family moved to Medford in early 2017 and we cannot wait to leave. Every summer since we arrived has been filled with oppressive and persistent smoke to the point  More

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My husband and I semi-retired here in 2014 after considering several around the same size in terms of population. We love the four seasons here as well as the gorgeous  More

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We have lived here for 12 years now and find it to be a great place to live. When I read a post that blames Trump for the homeless population and how, "things will be  More

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Start Your Review of Medford

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ZIPS IN TRAVERSE CITY, MICHIGAN
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ZIPS IN MEDFORD, OREGON
97504 97501

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