The Village, Traverse City, MI
The Village — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for The Village, Traverse City, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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The Village Neighborhood Overview
The Village is a distinct neighborhood within Traverse City, Michigan, centered around the coordinates 44.6940, -85.6763 in the 49684 ZIP code. It offers residents a blend of residential charm and convenient access to the wider city's amenities. The area is characterized by a median household income of $73,730, reflecting a stable and established community.
Lifestyle & Amenities
Residents of The Village enjoy a lifestyle that balances quiet neighborhood streets with proximity to urban conveniences. The area is well-situated for accessing Traverse City's renowned dining, shopping, and cultural attractions. Its location provides a practical base for both daily errands and recreational pursuits in the Grand Traverse region.
Real Estate Market
The real estate market in The Village is active, with a Census median home value of $342,800. Current market data indicates a price per square foot of approximately $471.37, pointing to a premium housing segment. The asking prices for properties reflect the neighborhood's desirability within the greater Traverse City area.
Schools & Education
The Village is served by the Traverse City Area Public Schools district, which is known for its educational programs. Families in the neighborhood have access to a variety of public school options. The specific schools serving the area are determined by its attendance boundaries within the district.
Transportation & Connectivity
The neighborhood benefits from good connectivity to major routes, facilitating easy travel throughout Traverse City and beyond. Residents primarily rely on personal vehicles for daily transportation needs. Its central location makes commutes and trips to the region's natural attractions relatively straightforward.
Why Choose The Village
Choosing The Village means selecting a well-established Traverse City neighborhood with a strong sense of community. It appeals to those seeking a residential setting that remains closely linked to the city's vibrant downtown and waterfront. The market data reflects its status as a sought-after area for homeowners in the region.
The Village 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 The Village, Traverse City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for The Village, 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