2025 Compare Cities Housing:
Traverse City, MI vs Wake Forest, NC

Change Cities
Highlights
- The median age of a home in Traverse City is 74.6% older than the median age of a home in Wake Forest.
 Traverse City, MIWake Forest, NCUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$483,600$338,100
 Home Appr. Last 12 months19.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock72.1%57.0%
 Home Appr. Last 10 yrs.122.2%  Unlock101.1%
 Property Tax Rate  Unlock$10.2$11.0
 Homes Owned52.9%  Unlock57.4%
 Housing Vacant  Unlock4.2%11.2%
 Homes Rented34.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Traverse City, MIWake Forest, NCUnited States
 Average Rent  Unlock$1,710$1,840
 Studio Apartment$760  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,250$1,180
 2 Bedroom Home or Apartment$1,100  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,730$1,860
 4 Bedroom Home or Apartment$1,480  Unlock$2,160
 space1
 Vacant Housing
 Traverse City, MIWake Forest, NCUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other3.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Traverse City, MIWake Forest, NCUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9991.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9991.6%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%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  Unlock31.8%13.6%
 $400,000 to $499,9999.3%  Unlock8.3%
 $500,000 to $749,999  Unlock7.8%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  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Traverse City, MIWake Forest, NCUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock35.4%13.6%
 2000 to 20097.9%  Unlock13.6%
 1990 to 1999  Unlock16.1%13.6%
 1980 to 19895.5%  Unlock13.2%
 1970 to 1979  Unlock3.6%14.8%
 1960 to 19696.2%  Unlock13.6%
 1950 to 1959  Unlock0.9%10.0%
 1940 to 19495.3%  Unlock4.7%
 1939 or Earlier  Unlock1.7%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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Traverse City

Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

   |    Reply

Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

   |    Reply

The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

   |    Reply

Start Your Review of Wake Forest


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.