What is the median home value in Mayfield Township (Grand Traverse County), MI?
The median value of owner-occupied homes in Mayfield Township (Grand Traverse County), MI is $273,100 (±$19,120), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Mayfield Township (Grand Traverse County), the median home value went from $185,800 in 2015–2019 to $273,100 in 2020–2024 (+47.0%).
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
- $273,100 (±$19,120)
- Owner-occupied homes
- 589 (±80)
- Most common range
- $200,000 to $299,999
Home values in Mayfield Township (Grand Traverse County)
| Value | Mayfield Township (Grand Traverse County) | Grand Traverse County | Michigan | United States |
|---|---|---|---|---|
| Less than $50,000 | 5.8% (±2.6 points) | 4.7% | 7.6% | 5.3% |
| $50,000 to $99,999 | 10.0% (±6.8 points) | 3.0% | 9.2% | 6.1% |
| $100,000 to $149,999 | 5.1% (±2.6 points) | 4.4% | 10.6% | 6.8% |
| $150,000 to $199,999 | 9.3% (±3.7 points) | 7.7% | 14.1% | 9.0% |
| $200,000 to $299,999 | 29.5% (±7.1 points) | 22.4% | 23.4% | 17.8% |
| $300,000 to $499,999 | 26.8% (±6.7 points) | 33.9% | 24.1% | 26.9% |
| $500,000 to $999,999 | 12.9% (±5.3 points) | 18.3% | 9.2% | 20.9% |
| $1,000,000 or more | 0.5% (±0.7 points) | 5.7% | 1.6% | 7.1% |
The most common range is $200,000 to $299,999, 29.5% 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.
Mayfield Township (Grand Traverse County) against Grand Traverse County, its state and the nation
| Mayfield Township (Grand Traverse County) | Grand Traverse County | Michigan | United States | |
|---|---|---|---|---|
| Median home value | $273,100 (±$19,120) | $339,400 (±$8,651) | $231,600 (±$642) | $332,700 |
| Owner-occupied homes | 589 (±80) | 31,090 (±768) | 2,984,190 (±12,886) | 84,210,142 |
In Mayfield Township (Grand Traverse County), the median home value is lower than in Grand Traverse County ($339,400).
It is also higher than in Michigan ($231,600).
It is lower than the national figure ($332,700).
In Grand Traverse County, Mayfield Township (Grand Traverse County) ranks 10 of 14 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 305 of 1,518.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Mayfield Township (Grand Traverse County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $185,800 (±$22,821) | $273,100 (±$19,120) | +47.0% | Up after inflation |
| Median owner cost with a mortgage | $1,347 (±$81) | $1,344 (±$78) | −0.2% | Down after inflation |
| Median real estate taxes | $2,032 (±$178) | $2,108 (±$345) | +3.7% | No measurable change 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 Mayfield Township (Grand Traverse County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Mayfield Township (Grand Traverse County) | — | $273,100 (±$19,120) | — |
| Blair Township | 4.5 mi | $275,200 (±$24,375) | Not measurably different |
| Buckley | 4.9 mi | $205,500 (±$19,407) | Lower |
| Kingsley | 5.3 mi | $268,800 (±$47,642) | Not measurably different |
| Hanover Township (Wexford County) | 6.1 mi | $228,400 (±$16,353) | Lower |
| Paradise Township | 6.3 mi | $265,800 (±$22,827) | Not measurably different |
| Grant Township (Grand Traverse County) | 6.9 mi | $260,800 (±$29,723) | Not measurably different |
| Greenwood Township (Wexford County) | 7.7 mi | $182,100 (±$34,011) | Lower |
| Chums Corner | 8.0 mi | $372,700 (±$60,167) | Higher |
Nearby places with a measurably lower figure: Buckley, MI ($205,500), Hanover Township (Wexford County), MI ($228,400), Greenwood Township (Wexford County), MI ($182,100).
Nearby places with a measurably higher figure: Chums Corner, MI ($372,700).
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
| Rank | Place | Median home value |
|---|---|---|
| 4 | Whitewater Township | $373,000 (±$31,304) |
| 5 | Acme Township | $338,300 (±$19,433) |
| 6 | Garfield Charter Township | $316,200 (±$24,433) |
| 7 | Green Lake Township | $289,300 (±$27,457) |
| 8 | East Bay Township | $278,800 (±$20,530) |
| 9 | Blair Township | $275,200 (±$24,375) |
| 10 | Mayfield Township (Grand Traverse County) | $273,100 (±$19,120) |
| 11 | Paradise Township | $265,800 (±$22,827) |
| 12 | Grant Township (Grand Traverse County) | $260,800 (±$29,723) |
| 13 | Fife Lake Township | $248,000 (±$46,783) |
| 14 | Union Township (Grand Traverse County) | $242,000 (±$96,820) |
Showing 11 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 Mayfield Township (Grand Traverse County)
What is the average home value in Mayfield Township (Grand Traverse County), MI?
The Census Bureau publishes the median: $273,100 (±$19,120) for owner-occupied homes in Mayfield Township (Grand Traverse County) (2020–2024 American Community Survey).
Have home values in Mayfield Township (Grand Traverse County) gone up?
In Mayfield Township (Grand Traverse County), the median home value went from $185,800 in 2015–2019 to $273,100 in 2020–2024 (+47.0%).
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 Mayfield Township (Grand Traverse County) 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mayfield township, Grand Traverse County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Mayfield township, Grand Traverse County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Mayfield township, Grand Traverse County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Mayfield township, Grand Traverse County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Mayfield township, Grand Traverse County, Michigan (county subdivision:52480, 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.
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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