Julie HoweCertified Residential Appraiser
(231) 929-3930
Market file · Grand Traverse County, Michigan

Garfield Township home appraisals

Charter Township of Garfield

Garfield Township had 19,499 people in 2020, more than Traverse City itself, and its median owner occupied value was $316,200 for 2020 to 2024 (Census QuickFacts). Housing ranges from single family homes near Silver Lake to condos and mobile home parks along US 31.

$316,200Median owner occupied home value, 2020 to 2024 ACS (Census QuickFacts)
19,499Population, 2020 Census (Census QuickFacts)
56.2%Owner occupied housing rate, 2020 to 2024 ACS (Census QuickFacts)
$541,2872026 FHA one unit loan limit, Grand Traverse County (Homebuyer.com, 2026 limits)

More people than Traverse City, a lower median

The 2020 to 2024 median owner occupied value was $316,200, per Census QuickFacts, below the county median of $339,400. Only 56.2% of homes are owner occupied. The township's 2024 master plan reports 51.9% of housing in single unit buildings, 35.2% in multi unit buildings and 12.8% mobile homes. That mix pulls the median down and means a condo, a mobile home and a house on Silver Lake need very different comps.

A Silver Lake house, a condo off US 31 and a mobile home can all be Garfield assignments in the same week. None of them share comps.

Shopping corridors, Silver Lake and everything between

This is the commercial side of the Traverse City area. US 31 is heavily built up, and the Grand Traverse Mall and Cherryland Center are named centers in the master plan. Silver Lake, about 600 acres in the southwest, gives the township its main lake frontage. The Boardman River and Kids Creek run south to north. All of the township is in Traverse City Area Public Schools, with Traverse City West Senior High and Silver Lake Elementary inside it. Mean commute time was 16.5 minutes (2020 to 2024 ACS).

Areas, lakes and neighborhoods in this file
  • Silver Lake
  • Kratochvil's Plat
  • Brookside
  • Barlow Garfield
  • LaFranier Hill
  • Spring Hill
  • Northwest Garfield
  • Copper Ridge
  • Logan's Landing
  • Ashland Park
  • Rennie Plains
  • Green Hill
  • McRae Hill
  • Cherryland Center
  • Grand Traverse Commons

Landmarks around Garfield Township

Common questions

How are condos and mobile homes in Garfield Township appraised?
The 2024 master plan counts 35.2% of township housing in multi unit buildings and 12.8% as mobile homes. Condo appraisals compare units in the same or similar projects and review association details. Mobile homes are compared with other manufactured homes, and whether the land is owned or leased in a park changes the analysis.
What school district serves Garfield Township?
Traverse City Area Public Schools serves the whole township. Traverse City West Senior High School, Traverse City West Middle School and Silver Lake Elementary are located in the township. East side secondary students attend Traverse City Central High School, per the township's Wikipedia entry.
Appraisal RequestGarfield Township