2035 N US-31 N #2502 · Traverse City, MI 49686

$12,800

2 bd · 2.0 ba · 1,060 sqft · Condo · 15 Days on market

Built 2006 $12/sqft · 93% below area $51/mo HOA · 3% of rent

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.5/5.0
• Schools +4.4/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tamarack Lodge sells their condos fractionally, similar to timeshares. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 20 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($269) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!

Key facts

• Gas fireplace
• Private patio
• Magnificent views

Tags

• PRIVATE PATIO
• MAGNIFICENT VIEWS
• WELL APPOINTED KITCHEN
• GAS FIREPLACE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $13k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $13k).
• Recommended offer: $13k (1.5% below list) — sets the bar for market timing.
• Cap rate 129.3% vs local median 1.7% in Traverse City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 91/100 on livability (#4 in MI, #46 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+.
• Traverse City Area Public Schools (town): math 45% / reading 56% proficiency, ranked #94 of 540 in MI (top 17%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-0.5%/yr); 322 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 883 units permitted in Grand Traverse County in 2024 (501 in 5+ unit buildings).
• This rent runs 31% of the median local income ($72k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $88 of loan paydown is wiped out by about $384 of value loss. Plan a longer hold.
• Grand Traverse County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($13k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 3y ago; this cycle's ask is 574% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $750; list at $13k implies a 1607% gain — meaningful room to come down on a strong offer.

Recommended offer $12,608 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 14.35% ✓
• Cap rate: 129.29%
• Cash-on-cash: 439.28%
• DSCR: 20.55
• GRM: 0.6

CMA / ARV

• ARV (median comp): $181,358
• List price: $12,800
• Delta: -96.97%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 22.25×
• Total profit: $76,161
• Equity at exit: $1,909

10-year hold

• IRR: —
• Equity multiple: 43.79×
• Total profit: $153,349
• Equity at exit: $1,107

Cash invested: $3,584 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 49686

• Rents YoY: -0.5%
• Active inventory: 322
• Price-to-rent: 0.6×

Monthly cashflow live

• Estimated rent: $1,837 medium
• Mortgage (P&I): −$67
• Tax est. 1.5%: −$16 /mo · $192/yr
• Insurance: −$5
• HOA: −$51
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $1,312

Break-even live

Break-even rent $177

Max offer price $12,800

Occupancy floor 24%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $3,200
• Closing costs: $384
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3341 Mikhail Blvd Traverse City, MI	1.0–2.0	1.0–2.0	883	$1,949	$2.21	43d	10	0.36mi
4170 Lilac Ln Unit 905 Traverse City, MI	3.0	2.0	1120	$1,419	$1.27	43d	1	1.37mi
4418 E Daisy Ln Unit 156 Traverse City, MI	2.0	2.0	896	$1,649	$1.84	43d	1	1.47mi

HOA detail condo

• Monthly dues: $51 · $612/yr
• Likely covers: watersewertrashgaselectricinternetcablesnow removalinsurance
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 48 events

1. 2026-06-19
   days on market $12,800 Active 15 DOM
2. 2026-06-18
   days on market $12,800 Active 14 DOM
3. 2026-06-17
   days on market $12,800 Active 13 DOM
4. 2026-06-16
   days on market $12,800 Active 12 DOM
5. 2026-06-15
   days on market $12,800 Active 11 DOM
6. 2026-06-14
   days on market $12,800 Active 9 DOM
7. 2026-06-12
   days on market $12,800 Active 8 DOM
8. 2026-06-09
   days on market $12,800 Active 5 DOM
9. 2026-06-08
   days on market $12,800 Active 4 DOM
10. 2026-06-07
    pricedays on marketlisting id $12,800 Active 3 DOM
11. 2026-06-03
    days on market $5,500 Active 429 DOM
12. 2026-06-02
    days on market $5,500 Active 428 DOM
13. 2026-06-01
    days on market $5,500 Active 427 DOM
14. 2026-05-31
    days on market $5,500 Active 426 DOM
15. 2026-05-30
    days on market $5,500 Active 425 DOM
16. 2026-05-21
    price $11,900 1344-char remark

    Show marketing remark (1344 chars)

    Tamarack Lodge sells their condos fractionally, similar to timeshares. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 20 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($269) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!

17. 2026-04-23
    soldstatus $750 Closed 1334-char remark

    Show marketing remark (1334 chars)

    Tamarack Lodge sells their condos fractionally. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 47 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($65) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!”

18. 2026-04-23
    soldstatus $750 Closed

    Show marketing remark (1334 chars)

    Tamarack Lodge sells their condos fractionally. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 47 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($65) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!”

19. 2026-04-14
    status Pending 1334-char remark

    Show marketing remark (1334 chars)

    Tamarack Lodge sells their condos fractionally. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 47 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($65) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!”

20. 2026-04-14
    status Pending

    Show marketing remark (1334 chars)

    Tamarack Lodge sells their condos fractionally. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 47 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($65) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!”

21. 2026-04-02
    soldstatus $22,900 Closed
22. 2026-03-07
    status Pending
23. 2026-03-05
    listed $1,900 Active 1334-char remark

    Show marketing remark (1334 chars)

    Tamarack Lodge sells their condos fractionally. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 47 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($65) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!”

24. 2026-03-05
    listed $1,900 Active

    Show marketing remark (1334 chars)

    Tamarack Lodge sells their condos fractionally. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 47 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($65) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!”

25. 2026-01-21
    price $9,900
26. 2026-01-03
    price $2,850
27. 2025-11-19
    price $9,900
28. 2025-06-30
    price $3,900
29. 2025-06-07
    price $15,900
30. 2025-05-17
    price $14,900
31. 2025-05-07
    price $16,000
32. 2025-04-17
    price $6,500
33. 2025-03-31
    listed $24,900 Active
34. 2025-03-31
    listed $5,500 Active
35. 2025-02-14
    price $17,000
36. 2024-12-20
    status Active
37. 2024-12-17
    historical
38. 2024-11-19
    price $12,900 1344-char remark

    Show marketing remark (1344 chars)

    Tamarack Lodge sells their condos fractionally, similar to timeshares. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 20 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($269) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!

39. 2024-11-12
    price $18,000
40. 2024-06-18
    listed $6,500 Active
41. 2024-06-18
    listed $15,500 Active
42. 2024-05-18
    price $13,900 1344-char remark

    Show marketing remark (1344 chars)

    Tamarack Lodge sells their condos fractionally, similar to timeshares. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 20 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($269) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!

43. 2024-03-30
    listed $14,500 Active 1344-char remark

    Show marketing remark (1344 chars)

    Tamarack Lodge sells their condos fractionally, similar to timeshares. This is Junior Penthouse Suite 2502 (Cedar) and is a 1,060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots & pans, etc, and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 20 every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($269) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content & liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $1,000 in closing costs) your out of pocket expenses going forward are then only the monthly HOA, annual property taxes and the cleaning fee. This could be your "Up North" vacation destination for the years to come!

44. 2024-03-15
    price $17,500
45. 2024-03-05
    listed $19,000 Active
46. 2024-01-30
    listed $17,900 Active
47. 2024-01-27
    listed $34,500 Active
48. 2023-12-13
    listed $6,900 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $22,047
• − Mortgage interest: −$717
• − Property taxes: −$192
• − Insurance: −$64
• − Repairs & maintenance: −$1,764
• − Management: −$1,764
• − HOA: −$612
• − Depreciation: −$372
• Taxable income: $16,562
• Est. tax owed @ 24.0%: −$3,975
• After-tax cash flow: $11,769/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Traverse City Area Public Schools
• NCES district ID: 2633870
• Math proficiency: 45% ▼ -3.00%
• Reading proficiency: 56% ▼ -6.00%
• Median HH income: $53,645
• Composite: 43.51/100
• National rank: #2990
• State rank: #94 of 540 in MI

Livability — Traverse City

• Score: 91/100
• State rank: #4
• US rank: #46

Category grades

Amenities A+ Commute A+ Cost of living B+ Crime A Employment B Housing A+ Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Grand Traverse County · 47,077 people
• City population: 47,077
• Metro: Traverse City, MI
• Population (ZIP): 25,492
• Household income: $71,609
• Rent vs Own: 27.5% rent · 72.5% own
• Severe rent burden: 676.0

Population outlook (Grand Traverse County) Hauer SSP2

• Today (2025): 102,241 people
• By 2030: 107,172 · +4.8%
• By 2040: 115,676 · +13.1%
• By 2050: 122,377 · +19.7%
• By 2075: 136,554 · +33.6%
• By 2100: 137,871 · +34.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 6% Hispanic / Latino 5% Native American 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 11% Lithuanian 5% Slovak 4%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Grand Traverse

• 2024 margin: Toss-up / Even · D 48.3% · R 50.1% · Other 1.6%
• 2008→2024 swing: +1.3pp toward D · 2008: -3.0pp · 2024: -1.7pp
• All cycles: 2024: R+1.7 2020: R+3.0 2016: R+12.5 2012: R+11.8 2008: R+3.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -276.28%
• Current HPI: 352.4866
• Rent YoY: ▼ -0.49%
• Metro: Traverse City, MI
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+72.5% since first listed

33 events — show timeline

• 2026-05-21 Price Changed $11,900 MiRealSource-MiMLS
• 2026-04-23 Sold (MLS) $750 MiRealSource-MiMLS
• 2026-04-23 Sold (MLS) $750 MiRealSource-MiMLS
• 2026-04-14 Pending — MiRealSource-MiMLS
• 2026-04-14 Pending — MiRealSource-MiMLS
• 2026-04-02 Sold (MLS) $22,900 MiRealSource-MiMLS
• 2026-03-07 Pending — MiRealSource-MiMLS
• 2026-03-05 Listed $1,900 MiRealSource-MiMLS
• 2026-03-05 Listed $1,900 MiRealSource-MiMLS
• 2026-01-21 Price Changed $9,900 MiRealSource-MiMLS
• 2026-01-03 Price Changed $2,850 MiRealSource-MiMLS
• 2025-11-19 Price Changed $9,900 MiRealSource-MiMLS
• 2025-06-30 Price Changed $3,900 MiRealSource-MiMLS
• 2025-06-07 Price Changed $15,900 MiRealSource-MiMLS
• 2025-05-17 Price Changed $14,900 MiRealSource-MiMLS
• 2025-05-07 Price Changed $16,000 MiRealSource-MiMLS
• 2025-04-17 Price Changed $6,500 MiRealSource-MiMLS
• 2025-03-31 Listed $5,500 MiRealSource-MiMLS
• 2025-03-31 Listed $24,900 MiRealSource-MiMLS
• 2025-02-14 Price Changed $17,000 MiRealSource-MiMLS
• 2024-12-20 Relisted — MiRealSource-MiMLS
• 2024-12-17 Listing Removed — MiRealSource-MiMLS
• 2024-11-19 Price Changed $12,900 MiRealSource-MiMLS
• 2024-11-12 Price Changed $18,000 MiRealSource-MiMLS
• 2024-06-18 Listed $15,500 MiRealSource-MiMLS
• 2024-06-18 Listed $6,500 MiRealSource-MiMLS
• 2024-05-18 Price Changed $13,900 MiRealSource-MiMLS
• 2024-03-30 Listed $14,500 MiRealSource-MiMLS
• 2024-03-15 Price Changed $17,500 MiRealSource-MiMLS
• 2024-03-05 Listed $19,000 MiRealSource-MiMLS
• 2024-01-30 Listed $17,900 MiRealSource-MiMLS
• 2024-01-27 Listed $34,500 MiRealSource-MiMLS
• 2023-12-13 Listed $6,900 MiRealSource-MiMLS