Home › Counties › Grand Traverse County, MI
The median home value in Grand Traverse County, MI is $418,758 as of 2026-08-31, up 2.36% from a year earlier.
Median Home Value
$418,758
Year-over-Year
+2.36%
National Rank
#372 of 3071
Grand Traverse County ranks 3rd out of 83 counties in MI by median home price, and is +78.1% above the U.S. national median of $235,072. Within MI, the typical county has a median home value of $226,891, making Grand Traverse County +84.6% above the MI state median.
The typical home value decreased by 0.1%, from $418,993 in May 2026 to $418,758 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $418,993 | +2.3% |
| Jun 2026 | $423,453 | +2.2% |
| Jul 2026 | $423,242 | +2.1% |
| Aug 2026 | $418,758 | +2.4% |
Households here earn a median of $81,647 a year against a typical home value of $418,758 — a price-to-income ratio of 5.1×, 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 $418,758. That's up 2.36% from a year earlier. That is about 78.1% above the U.S. national county median of $235,072, and makes Grand Traverse County the 3rd most expensive of 83 counties in Michigan.
Median household income here is $81,647, so a typical home costs about 5.1× annual household earnings — expensive compared with other U.S. counties.
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