West Traverse, MI is an area with a high median housing value of $504,100 compared to the US house median value of $338,100. In the past year, the US house appreciation rate was 8.27%, whereas West Traverse saw a higher appreciation rate of 16.52%. This reflects the strong housing market in West Traverse and shows that it is a desirable place to purchase real estate.
The median home cost in West Traverse is $504,100. Home appreciation the last 10 years has been 98.7%. Home Appreciation in West Traverse is up 21.4%.
Average Age of Homes
- The median age of West Traverse real estate is 30 years old
The Rental Market in West Traverse
- Renters make up 5.9% of the West Traverse population
- 0.0% of houses and apartments in West Traverse, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.