Traverse City, MI Housing

A+
53%
Med. Home Val. NAT. AVG.
2%
Rent NAT. AVG.
4%
Owner Occ. NAT. AVG.
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Traverse City Housing Information

IndexTraverse CityMichiganNational
Median home price$282,900$127,800$184,700
Median rent asked$930$799$949
Avg. people per household2.12.52.6
Owner occupied households60.9%70.8%63.6%
Renter occupied households39.1%29.2%36.4%
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Housing Quick Facts

  • The median home price in Traverse City is 53% higher than the national average.
  • The median rent asked in Traverse City is 2% lower than the national average.
  • The average number of people per household in Traverse City is 20% lower than the national average.
  • The number of owner occupied households in Traverse City is 4% lower than the national average.
  • The number of renter occupied households in Traverse City is 7% higher than the national average.

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      The best places in Michigan

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Maple City, MI86$0100%
      Bendon, MI166$107,50042%
      Cedar, MI95$114,30038%
      Fife Lake, MI315$117,80036%
      Grawn, MI933$120,10035%
      Traverse City, MI15,525$282,90053%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Groves, TX15,531$119,60035%
      The Dalles, OR15,518$216,10017%
      Middleburg Heights, OH15,514$165,00011%
      Longwood, FL15,514$229,70024%
      Asbury Park, NJ15,536$397,900115%
      Traverse City, MI15,525$282,90053%
      Source: The Traverse City, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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