Home Values

Traverse City Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Traverse City Metro is $195,000.

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 Traverse City Metro is 2.0%, which is lower than the national value of 6.4%.

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Relative ZHVI
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Traverse City Metro Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $195,000 Median listing price
  • No data Median sale price
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Traverse City Metro Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • 2.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Metro Areas

Name Median ZHVI
Holland Metro $165,700
Grand Rapids Metro $133,900
Lansing Metro $126,600
Name Median ZHVI
Manitowoc Metro $104,100
Owosso Metro $98,600
Big Rapids Metro $96,100
Name Median ZHVI
Muskegon Metro $86,800
Bay City Metro $83,200
Saginaw Metro $67,000

Listings & Sales

Data through Nov 30, 2014
  • $129 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Traverse City Metro Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,078 Traverse City Metro
    $992 Michigan
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • $0.84 Rent list price / sq ft
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