2025 Compare Cities Housing:
Traverse City, MI vs Vail, CO

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Highlights
- The median age of a home in Traverse City is 34.9% older than the median age of a home in Vail.
 Traverse City, MIVail, COUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$1,530,400$338,100
 Home Appr. Last 12 months19.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock63.7%57.0%
 Home Appr. Last 10 yrs.122.2%  Unlock101.1%
 Property Tax Rate  Unlock$3.8$11.0
 Homes Owned52.9%  Unlock57.4%
 Housing Vacant  Unlock68.1%11.2%
 Homes Rented34.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Traverse City, MIVail, COUnited States
 Average Rent  Unlock$6,160$1,840
 Studio Apartment$760  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$3,870$1,180
 2 Bedroom Home or Apartment$1,100  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$6,250$1,860
 4 Bedroom Home or Apartment$1,480  Unlock$2,160
 space1
 Vacant Housing
 Traverse City, MIVail, COUnited States
 Vacant For Rent  Unlock7.9%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock55.9%3.6%
 Vacant Other3.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Traverse City, MIVail, COUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9991.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9991.6%  Unlock3.9%
 $80,000 to $99,999  Unlock0.6%4.5%
 $100,000 to $149,9997.4%  Unlock11.3%
 $150,000 to $199,999  Unlock0.2%13.0%
 $200,000 to $299,99930.7%  Unlock20.1%
 $300,000 to $399,999  Unlock10.6%13.6%
 $400,000 to $499,9999.3%  Unlock8.3%
 $500,000 to $749,999  Unlock19.6%9.7%
 $750,000 to $999,9993.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock9.3%2.2%
 $1,500,000 to $1,999,9990.4%  Unlock0.8%
 $2,000,000 and over  Unlock18.8%1.1%
 space3
 Housing Units By Year Built
 Traverse City, MIVail, COUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock8.6%13.6%
 2000 to 20097.9%  Unlock13.6%
 1990 to 1999  Unlock19.3%13.6%
 1980 to 19895.5%  Unlock13.2%
 1970 to 1979  Unlock44.1%14.8%
 1960 to 19696.2%  Unlock13.6%
 1950 to 1959  Unlock0.0%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock0.3%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 Vail    5 Reviews

Over 18 years ago

Vail..pros/ cons Pros 1. beautiful town 2. very low crime Cons 1. Ungodly expensive and that's an understatement 2. unless you are rich and beautiful, this isn't  More

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Over 19 years ago

Vail is beautiful year round. Fabulous skiing, hiking, fishing, shopping, restaurants, etc. However, the price you pay to live in a resort town is extremely high cost  More

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Over 20 years ago

Vail is very different that other areas of the U.S. I have lived in Seattle, Los Angeles, Orange County, Austin TX, Monterey CA... and it is another world here. World  More

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