Home › Counties › Grand Traverse County, MI
The median home value in Grand Traverse County, MI is $423,242 as of 2026-07-31, up 2.14% from a year earlier.
Median Home Value
$423,242
Year-over-Year
+2.14%
National Rank
#372 of 3071
Grand Traverse County ranks 4th out of 83 counties in MI by median home price, and is +80.6% above the U.S. national median of $234,352. Within MI, the typical county has a median home value of $229,949, making Grand Traverse County +84.1% above the MI state median.
Households here earn a median of $81,647 a year against a typical home value of $423,242 — a price-to-income ratio of 5.2×, past the 5× level generally described as severely unaffordable. That is less affordable than roughly 86% of U.S. counties. (How this is calculated.)
The median home value in Grand Traverse County is $423,242. That's up 2.14% from a year earlier. That is about 80.6% above the U.S. national county median of $234,352, and makes Grand Traverse County the 4th most expensive of 83 counties in Michigan.
Median household income here is $81,647, so a typical home costs about 5.2× annual household earnings — expensive compared with other U.S. counties.
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