2026 Compare Cities Housing:
Traverse City, MI vs Oak Park, IL

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Highlights
- The median age of a home in Traverse City is 3.2% older than the median age of a home in Oak Park.
 Traverse City, MIOak Park, ILUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$405,000$338,100
 Home Appr. Last 12 months19.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock19.4%57.0%
 Home Appr. Last 10 yrs.122.2%  Unlock101.1%
 Property Tax Rate  Unlock$21.0$11.0
 Homes Owned52.9%  Unlock57.4%
 Housing Vacant  Unlock5.8%11.2%
 Homes Rented34.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Traverse City, MIOak Park, ILUnited States
 Average Rent  Unlock$1,880$1,840
 Studio Apartment$760  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,310$1,180
 2 Bedroom Home or Apartment$1,100  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,910$1,860
 4 Bedroom Home or Apartment$1,480  Unlock$2,160
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 Vacant Housing
 Traverse City, MIOak Park, ILUnited States
 Vacant For Rent  Unlock2.6%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%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, MIOak Park, ILUnited States
 Less Than $20,000  Unlock0.1%2.6%
 $20,000 to $39,9991.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.2%2.8%
 $60,000 to $79,9991.6%  Unlock3.9%
 $80,000 to $99,999  Unlock1.4%4.5%
 $100,000 to $149,9997.4%  Unlock11.3%
 $150,000 to $199,999  Unlock7.6%13.0%
 $200,000 to $299,99930.7%  Unlock20.1%
 $300,000 to $399,999  Unlock18.9%13.6%
 $400,000 to $499,9999.3%  Unlock8.3%
 $500,000 to $749,999  Unlock23.8%9.7%
 $750,000 to $999,9993.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.5%2.2%
 $1,500,000 to $1,999,9990.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Traverse City, MIOak Park, ILUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock3.3%13.6%
 2000 to 20097.9%  Unlock13.6%
 1990 to 1999  Unlock2.2%13.6%
 1980 to 19895.5%  Unlock13.2%
 1970 to 1979  Unlock8.0%14.8%
 1960 to 19696.2%  Unlock13.6%
 1950 to 1959  Unlock6.0%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock60.1%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 Oak Park    7 Reviews

We've lived in Oak Park for 25 years, raising our two children here. Now, looking ahead a few years, the Cost of Living (127), is a major factor in searching for  More

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I have grew up in the Oak Park area and have lived in other cities in the country. Oak Park is located outside of the city of Chicago. Though located reasonably  More

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Over 16 years ago

If you don't know any better you might think Oak Park is perfect. However, if you are like me and have other places as a comparison, you know better. I will say that  More

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