What is the median home value in Long Lake Township, MI?

The median value of owner-occupied homes in Long Lake Township, MI is $410,600 (±$26,442), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Long Lake Township, the median home value went from $227,000 in 2015–2019 to $410,600 in 2020–2024 (+80.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$410,600 (±$26,442)
Owner-occupied homes
3,456 (±168)
Most common range
$300,000 to $499,999

Home values in Long Lake Township

Owner-occupied homes by value, 2020–2024
ValueLong Lake TownshipGrand Traverse CountyMichiganUnited States
Less than $50,0001.6% (±1.3 points)4.7%7.6%5.3%
$50,000 to $99,9991.0% (±1.1 points)3.0%9.2%6.1%
$100,000 to $149,9991.1% (±1.1 points)4.4%10.6%6.8%
$150,000 to $199,9994.1% (±2.3 points)7.7%14.1%9.0%
$200,000 to $299,99918.6% (±4.8 points)22.4%23.4%17.8%
$300,000 to $499,99944.0% (±5.4 points)33.9%24.1%26.9%
$500,000 to $999,99923.2% (±4.5 points)18.3%9.2%20.9%
$1,000,000 or more6.3% (±2.4 points)5.7%1.6%7.1%

The most common range is $300,000 to $499,999, 44.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Long Lake Township against Grand Traverse County, its state and the nation

Estimate (90% margin of error)
Long Lake TownshipGrand Traverse CountyMichiganUnited States
Median home value$410,600 (±$26,442)$339,400 (±$8,651)$231,600 (±$642)$332,700
Owner-occupied homes3,456 (±168)31,090 (±768)2,984,190 (±12,886)84,210,142

In Long Lake Township, the median home value is higher than in Grand Traverse County ($339,400).

It is also higher than in Michigan ($231,600).

It is higher than the national figure ($332,700).

In Grand Traverse County, Long Lake Township ranks 3 of 14 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 66 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Long Lake Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$227,000 (±$14,410)$410,600 (±$26,442)+80.9%Up after inflation
Median owner cost with a mortgage$1,381 (±$91)$1,790 (±$93)+29.6%No measurable change after inflation
Median real estate taxes$2,465 (±$207)$3,466 (±$254)+40.6%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Long Lake Township

Nearest places with a published estimate, compared with Long Lake Township
PlaceDistanceMedian home valueCompared with this place
Long Lake Township—$410,600 (±$26,442)—
Green Lake Township4.9 mi$289,300 (±$27,457)Lower
Lake Ann4.9 mi$338,900 (±$124,613)Not measurably different
Chums Corner5.2 mi$372,700 (±$60,167)Not measurably different
Garfield Charter Township5.7 mi$316,200 (±$24,433)Lower
Almira Township7.0 mi$284,600 (±$31,114)Lower
Greilickville7.1 mi$418,500 (±$70,365)Not measurably different
Solon Township (Leelanau County)7.6 mi$376,100 (±$27,497)Not measurably different
Traverse City7.7 mi$415,400 (±$20,684)Not measurably different

Nearby places with a measurably lower figure: Green Lake Township, MI ($289,300), Garfield Charter Township, MI ($316,200), Almira Township, MI ($284,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Grand Traverse County, place by place

RankPlaceMedian home value
1Peninsula Township$706,900 (±$91,169)
2Traverse City$415,400 (±$20,684)
3Long Lake Township$410,600 (±$26,442)
4Whitewater Township$373,000 (±$31,304)
5Acme Township$338,300 (±$19,433)
6Garfield Charter Township$316,200 (±$24,433)
7Green Lake Township$289,300 (±$27,457)
8East Bay Township$278,800 (±$20,530)
9Blair Township$275,200 (±$24,375)

Showing 9 of 14 places in Grand Traverse County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Long Lake Township

What is the average home value in Long Lake Township, MI?

The Census Bureau publishes the median: $410,600 (±$26,442) for owner-occupied homes in Long Lake Township (2020–2024 American Community Survey).

Have home values in Long Lake Township gone up?

In Long Lake Township, the median home value went from $227,000 in 2015–2019 to $410,600 in 2020–2024 (+80.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Long Lake Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Long Lake township, Grand Traverse County, Michigan (county subdivision:49240, in state:26 county:055).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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