Traverse City, Michigan 

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Housing in Traverse City, Michigan

The median home cost in Traverse City is $330,400. Home appreciation the last 10 years has been 117.2%. Home Appreciation in Traverse City is up 18.9%.

Average Age of Homes
- The median age of Traverse City real estate is 59 years old
The Rental Market in Traverse City
- Renters make up 31.8% of the Traverse City population
- 1.7% of houses and apartments in Traverse City, 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.



MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

HOUSING BY YEAR BUILT

  HOUSINGTraverse City, MichiganUnited States
  7,423137,428,986
  6141
  $330,400$291,700
  18.9%15.0%
  52.4%42.4%
  117.2%77.0%
  $14.22$11.36
  $4,265$2,724
  56.6%56.2%
  8.6%12.1%
  34.8%31.6%
  VACANT HOUSING
  1.7%2.0%
  0.0%0.4%
  0.0%0.9%
  0.0%0.5%
  3.7%4.0%
  3.3%4.3%
  VALUE OF OWNER-OCCUPIED HOUSING
  0.4%2.7%
  0.5%2.7%
  0.4%3.4%
  1.6%4.7%
  1.2%5.5%
  11.4%13.3%
  13.0%14.0%
  30.0%19.6%
  18.9%12.2%
  9.0%7.1%
  9.1%8.2%
  2.8%3.2%
  0.8%1.8%
  0.3%0.7%
  0.7%0.9%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  3.7%2.5%
  1.9%2.7%
  9.3%14.0%
  6.9%13.9%
  5.8%13.4%
  11.5%15.2%
  6.9%13.9%
  11.8%10.3%
  5.1%4.9%
  35.8%12.6%
HOUSING MAP
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    Reviews for Traverse City    28 Reviews
    A Small City That Punches Way Above Its Weight - 7/5/2021
    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... Read More

    Start Your Review of Traverse City


    Nice Place to visit but you don't want to live her - 4/19/2021
    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... Read More
    Teri |  | Reply | No Replies

    Grew up in TC. Glad I left in '78. - 7/13/2020
    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... Read More


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