Grand Traverse Housing Market, MI
Last updated July 2026
As of the latest data, the typical home in Grand Traverse is valued around $423K, up 2.1% over the past 12 months. The market is home to roughly 96K residents. Looking ahead, Curb Report's 12-month price forecast points to above-average outlook, housing crash risk is moderate, rental cap rates run near market median, the overall Investment Score grades average. Below you'll find Grand Traverse's home prices, price forecast, crash and climate risk, property taxes, cap rate, and rental data, updated monthly from Zillow, the Census Bureau, FEMA, and 30+ sources. Create a free account to explore the full interactive map, or analyze a specific listing with Curb Check.
Median home value
$423K
1-year growth
+2.1%
Population
96K
12-mo forecast
Above-average outlookCrash risk
ModerateCap rate
Near market medianNet migration
+352
Affordability
37/100
Today
Aug 24, 2026 | every business day | US Treasury
10-year Treasury 4.70%, -4 bp. Mortgage pricing tracks this, so it is the piece of a Grand Traverse purchase that actually moved today.
What today’s rate does to a Grand Traverse payment →Dig into Grand Traverse
Worried about a downturn? Is Grand Traverse, MI going to crash?
Buying to rent? See the Grand Traverse, MI cap rate
Grand Traverse housing market FAQ
Is now a good time to buy in Grand Traverse?
Curb Report's 12-month price forecast for Grand Traverse currently points to above-average outlook, with moderate housing crash risk. Create a free account to see the full forecast, the signals driving it, and historical trends before you buy.
What is the housing crash risk in Grand Traverse?
Grand Traverse's housing crash risk is currently moderate, based on price-to-income, inventory, days-on-market, and overvaluation signals. See the full Crash Risk breakdown and what's driving it on Curb Report.
What is the median home price in Grand Traverse?
The typical home value in Grand Traverse is about $423K, up 2.1% over the past year. Explore the full price history and 12-month forecast on Curb Report.
Is Grand Traverse a good place to invest in rental property?
In Grand Traverse, rental cap rates run near market median and the overall Investment Score grades average. Use the Curb Check tool to paste any Zillow or Redfin listing and get instant cap rate, cash flow, and a risk read for that specific property.
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