Grand Traverse County in Michigan is an excellent place to buy a home. The median housing value is $343,200, which is higher than the US median of $338,100. In the last year, appreciation for houses in Grand Traverse County has been 9.86%, compared to 8.27% across the nation, making it a great investment. With such high appreciation rates and median values, buying a home in Grand Traverse County can be an excellent long-term investment for those looking to purchase property in this region of Michigan.
The median home cost in Grand Traverse County is $343,200. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Grand Traverse County is up 19.8%.
Average Age of Homes
- The median age of Grand Traverse County real estate is 32 years old
The Rental Market in Grand Traverse County
- Renters make up 20.2% of the Grand Traverse County population
- 2.0% of houses and apartments in Grand Traverse County, 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.