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Traverse City, MI Real Estate

Traverse City, Michigan is located in Grand Traverse County. Nearby cities and towns include Greilickville, Chums Corner, Grawn, Interlochen, Hardwood Acres, Cedar, Lake Ann, Kingsley, Maple Grove, Elk Rapids, Bendon, Maple City, Suttons Bay, Rapid City, Lake Leelanau, South Boardman, Buckley, Fife Lake, Alden, Leland, Kalkaska, Nessen City, Omena, Glen Arbor, Honor, Empire, Thompsonville, Copemish, Bellaire, and Mesick. Traverse City is a suburban community with a population of 14,925. The median household income is $43,120. In Traverse City, 47% of residents are married, and families with children reside in 22% of the households. Half the population of Traverse City commutes 12 minutes or less to work, with 63% of residents holding white collar jobs and 37% residents holding blue collar jobs. The median age of homes in Traverse City, MI is 44 years, with 51% of those homes owned, 41% rented, and 8% not occupied. In the previous year, 20 Traverse City properties were sold. The median sale price of a home in Traverse City in the previous year was $144,108.

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About Schools in Traverse City, MI

Traverse City offers a range of educational opportunities with 8 elementary schools and 5 high schools.

Contact a Coldwell Banker® real estate agent to learn more about the schools and school districts in Traverse City, MI.


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Traverse City, MI Local Market & Demographic Data

Married vs. single

Traverse City, MI
  • 53% Single
  • 47% Married
  • 50% Single
  • 50% Married

Male VS. Female

Traverse City, MI
  • 53% Female
  • 47% Male
  • 51% Female
  • 49% Male

Average Age of Citizens in Traverse City, MI

  • 42
  • 39
  • Traverse City, MI
  • Michigan

Average Age of Homes in Traverse City, MI

  • 44
  • 35
  • Traverse City, MI
  • Michigan

Vacant Homes in Traverse City, MI

  • 8%
  • 14%
  • Traverse City, MI
  • Michigan

Average INCOME of Citizens

  • $64,604
  • $64,764
  • Traverse City, MI
  • Michigan

Owned Homes vs. Rented Homes

Traverse City, MI
  • 51% Owned
  • 41% Rented
  • 60% Owned
  • 26% Rented