Grand Traverse County, MI — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$296,200
Median Rent
$1,215/mo
Homeownership
76.5%
Vacancy Rate
14.7%
Total Housing Units
46,435
Property Tax
$2,900/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied76.5%
Renter-Occupied23.5%
Housing Types
Source: Census Bureau ACS (2023)Single Family76.8%
Multi-Family16.3%
Mobile Home6.8%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$1,170/mo
Without Mortgage
$1,509/mo
Median Year Built
1986
The median home value in Grand Traverse County, MI is $296,200 according to 2023 Census Bureau estimates. The median monthly rent is $1,215. 76.5% of housing units are owner-occupied. There are 46,435 total housing units in the county. The vacancy rate is 14.7%.