Market file · Benzie County, Michigan

Lake Ann home appraisals

Almira Township

Almira Township, home to the village of Lake Ann, had 3,873 people in 2020, the most of any Benzie County municipality, and sits about 8 miles west of Traverse City. Zillow's average home value for Lake Ann was $406,098 in September 2026. Frontage on Pearl Lake and Ann Lake forms its own comp pool.

3,873Almira Township population, 2020 census (Wikipedia)

$406,098Zillow average home value, Lake Ann, September 2026, up 4.5% year over year

2,031Housing units, 2021 (Almira Township master plan update, 2024)

543 acresPearl Lake, the township's largest lake (master plan update, 2024)

Two numbers that measure different things

Zillow's average home value for Lake Ann was $406,098 as of September 30, 2026, up 4.5% year over year. The township's 2024 master plan update put the median home value at $190,848 in 2021, up from $165,500 in 2010. One is an index of all homes and the other a median from survey estimates, so neither prices a single house. Lake, acreage and subdivision homes each need their own comps.

Two school districts and a daily drive to Traverse City: both shape which Almira Township sales compare.

Commute, schools and a dozen small lakes

Commute is a big part of it, since the township relies heavily on Traverse City for work and services. Benzie County Central Schools covers most of the township, and Traverse City Area Public Schools covers about five square miles. Pearl Lake (543 acres) and Ann Lake (527 acres) are the largest lakes, with Sanford, Ransom, Bronson, Davis, Stevens and Herendeene lakes also here. Farmland is about 1,227 acres, and the agricultural land use category allows one unit per five acres.

Areas, lakes and neighborhoods in this file

Lake Ann (village)
Hardwood Acres
Maple Grove
Almira Corners
Lake View
Sunnydale
Samara Woods
Bronson Lake
Sanford Lake
Pearl Lake
Ann Lake
Ransom Lake
Davis Lake
Stevens Lake
Herendeene Lake
Bendon

Landmarks around Lake Ann

Long LakeInland lake to the east

Common questions

Which school district serves Lake Ann and Almira Township?

Two do. The township's 2024 master plan update says Benzie County Central Schools covers most of Almira Township and Traverse City Area Public Schools covers about five square miles. Lake Ann Elementary is a Benzie Central school. Because a district line runs through the township, an appraiser confirms the district for each parcel and pulls comps from the same district where sales allow.

How much farmland is in Almira Township, and how densely can it be built?

Agricultural land covers about 1,227 acres, roughly 5.8% of the township, per the 2024 master plan update. The plan's agricultural future land use category allows one dwelling unit per five acres. Zoning controls what a parcel can become, so an appraisal of acreage starts with its zoning and permitted uses, then looks for land sales under similar rules.