Zip Not Found (Traverse City, MI) Housing


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United States / Michigan / No Metro Area / Grand Traverse County / No City / Traverse City (zip )
The housing market in Traverse City, MI (49696) is flourishing. The median value of a house in the area is $380,200, much higher than the US median value of $338,100. In addition to this being significantly higher than the national average, the area has seen an impressive one-year appreciation rate of 19.8%, which is more than double the national rate of 8.27%. This shows that Traverse City is a great place for homeowners and investors alike as its housing market continues to grow and provide potential rewards.
Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingTraverse City, MichiganUnited States
  4,597.0139,647,020.0
  3142
  $380,200$338,100
  19.8%16.6%
  69.9%57.0%
  122.2%101.1%
  $10.75$10.98
  $2,566$2,690
  74.4%57.4%
  16.3%11.2%
  9.3%31.4%
  Vacant Housing
  0.6%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  12.6%3.6%
  3.0%4.1%
  Value of Owner-Occupied Housing
  1.8%2.6%
  0.1%2.4%
  0.4%2.8%
  0.0%3.9%
  0.2%4.5%
  12.5%11.3%
  22.6%13.0%
  27.2%20.1%
  22.2%13.6%
  4.9%8.3%
  5.9%9.7%
  0.2%3.9%
  1.8%2.2%
  0.0%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  23.3%13.6%
  23.3%13.6%
  19.6%13.6%
  12.2%13.2%
  22.0%14.8%
  19.6%13.6%
  6.9%10.0%
  1.3%4.7%
  1.6%12.2%
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