Grand Traverse County, MI Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grand Traverse, Michigan	United States
	45,301.0	139,647,020.0
	36	42
	$343,200	$338,100
	19.8%	16.6%
	69.9%	57.0%
	122.2%	101.1%
	$11.26	$10.98
	$2,670	$2,690
	64.5%	57.4%
	15.0%	11.2%
	20.5%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.1%	0.4%
	9.5%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	1.9%	2.4%
	2.3%	2.8%
	1.7%	3.9%
	1.5%	4.5%
	12.0%	11.3%
	17.3%	13.0%
	27.1%	20.1%
	15.1%	13.6%
	7.0%	8.3%
	7.4%	9.7%
	2.4%	3.9%
	1.2%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	17.5%	13.6%
	17.5%	13.6%
	17.7%	13.6%
	12.8%	13.2%
	18.3%	14.8%
	17.7%	13.6%
	5.9%	10.0%
	2.3%	4.7%
	11.1%	12.2%

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