Traverse City city: Median Home Value Trend
How Traverse City city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$216,800
2023
$367,600
Total change
+$150,800
% change
+69.6%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $216,800 | — |
| 2019 | $266,100 | +$49,300 (22.7%) |
| 2020 | $282,900 | +$16,800 (6.3%) |
| 2021 | $292,800 | +$9,900 (3.5%) |
| 2022 | $336,900 | +$44,100 (15.1%) |
| 2023 | $367,600 | +$30,700 (9.1%) |