Market file · Grand Traverse County, Michigan

Long Lake Township home appraisals

Long Lake Township's median owner occupied value was $410,600 for 2020 to 2024 (Census QuickFacts), with 9,956 people in 2020. Its namesake lake is the largest entirely inside Grand Traverse County, and 5.5 of its 35.6 square miles are water. Lake frontage and lot size drive most price gaps.

$410,600Median owner occupied home value, 2020 to 2024 ACS (Census QuickFacts)

9,956Population, 2020 Census (Census QuickFacts)

88.9%Owner occupied housing rate, 2020 to 2024 ACS (Census QuickFacts)

2,860 acresSurface area of Long Lake (Wikipedia)

Above the county median

Census QuickFacts shows a 2020 to 2024 median owner occupied value of $410,600, well above the county median of $339,400. Owners hold 88.9% of homes, and median household income was $96,220. Mean commute time was 23.4 minutes, longer than in Traverse City, Garfield, East Bay or Peninsula, which fits a township of lake homes and larger rural lots west of town.

With 16.7 miles of shoreline on one lake, the first place to look for a lakefront comp is the same lake.

Sixteen miles of shoreline on one lake

Long Lake covers 2,860 acres with about 16.7 miles of shoreline and five islands, and it feeds the Platte River. With that much frontage, sales on the lake itself are the first place to look for lakefront comps. Bass Lake, the second largest in the township, is shared with Green Lake Township. Public access comes through Taylor Park, Gilbert Park and Crescent Shores Park. All of the township is in Traverse City Area Public Schools, with Long Lake Elementary and Westwoods Elementary serving it.

Areas, lakes and neighborhoods in this file

Long Lake
Long Lake Peninsula
Bass Lake
Cedar Run
Crescent Shores
Picnic Island
Long Island
Fox Island

Landmarks around Long Lake Township

Long LakeLargest inland lake in the township
Bass LakeInland lake
Silver LakeInland lake

Common questions

How are Long Lake waterfront homes appraised?

Long Lake is 2,860 acres with about 16.7 miles of shoreline (Wikipedia), which gives a deep pool of sales on the same lake. An appraiser compares frontage, slope, water depth and view, and adjusts for differences between parts of the lake, such as the Long Lake Peninsula or the southwest end near the Carter Strong Bird Sanctuary.

What schools serve Long Lake Township?

The entire township is in Traverse City Area Public Schools. Long Lake Elementary and Westwoods Elementary serve it, and older students attend Traverse City West Middle School and Traverse City West Senior High School, both in neighboring Garfield Township, per Wikipedia.