Grand Traverse County Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Grand Traverse County is $131, which is lower than the Traverse City Metro average of $131. The median price of homes currently listed in Grand Traverse County is $219,900 while the median price of homes that sold is $125,135. The median rent price in Grand Traverse County is $1,200.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Grand Traverse County is 2.3%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Grand Traverse County homeowners underwater on their mortgage is 7.3%.

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Relative ZHVI
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Grand Traverse County Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $219,900 Median listing price
  • No recent data Median sale price
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Grand Traverse County Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average of days on Zillow
  • 7.3% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 2.3% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Counties

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Newaygo County $83,600    

Listings & Sales

Data through Jul 31, 2014
  • $131 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.3% Listings with price cut
39.1%
Sold below listing
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Grand Traverse County Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,010 Grand Traverse County
$1,004 Traverse City Metro
$1,318 United States
  • No data Breakeven horizon
  • $1,200 Rent list price
  • No recent data Rent list price / sq ft
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