Oak Park, Traverse City, MI
Oak Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Oak Park, Traverse City, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Oak Park Neighborhood Overview
Oak Park is a residential neighborhood located in Traverse City, Michigan, within the 49684 ZIP code. It offers a quiet, community-focused atmosphere while remaining conveniently close to the city's renowned attractions and natural beauty. Residents enjoy a balanced lifestyle with easy access to both urban amenities and outdoor recreation.
Lifestyle & Amenities
The neighborhood provides a peaceful setting ideal for families and professionals. While specific local shops are within the greater Traverse City area, residents are a short drive from downtown's dining, shopping, and cultural venues. The area's proximity to Grand Traverse Bay and surrounding parks supports an active, outdoor-oriented lifestyle.
Real Estate Market
The Oak Park real estate market features a Census median home value of $342,800. Current market data indicates an asking price per square foot of approximately $219.94. This positions the neighborhood as a competitive market within the broader Traverse City area.
Schools & Education
Oak Park is served by the Traverse City Area Public Schools district, which is known for its academic programs. Families in the neighborhood have access to a variety of public school options. The area's median household income of $73,730 reflects a community that supports and values education.
Transportation & Connectivity
The neighborhood is well-connected by major roads, providing straightforward access to downtown Traverse City and regional highways like US-31. While primarily car-dependent, its central location minimizes commute times to key employment and retail centers. The Cherry Capital Airport is also conveniently located for regional and national travel.
Why Choose Oak Park
Oak Park appeals to those seeking a stable, family-friendly community with strong property values. It offers the perfect blend of residential tranquility and proximity to everything that makes Traverse City a desirable place to live. The neighborhood represents a sound investment in a dynamic and scenic region of Northern Michigan.
Oak Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $343K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $74K |
| Homeownership Rate | 67.7% |
| Renter-Occupied | 32.3% |
| Rental Vacancy Rate | 6.3% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 49684 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Oak Park, Traverse City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Oak Park, Traverse City, MI. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-13