The story of this market
The typical home in ZIP 49643 sells for about $325,000, or $215 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,017 a month.
ZIP 49643 — Interlochen
The Interlochen housing market remains stable with modest price appreciation driven by limited inventory and consistent demand for lifestyle-oriented properties. While sales volume is constrained by seasonal factors, the area maintains strong appeal for those seeking proximity to the arts academy and recreational amenities.
This ZIP is ideal for families and retirees seeking a quiet, nature-oriented lifestyle, as well as those affiliated with the local arts community.
Median prices moved up 3.2% year over year.
Homes spend a median of 48 days on market with 5.8 months of supply — a balanced-paced market.
18% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 8.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 49643, Michigan
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Interlochen generally experiences low crime rates consistent with rural Northern Michigan communities, with property crime being the primary concern.
The area is served by the Interlochen Community Consolidated Schools and nearby Traverse City Area Public Schools, generally regarded as providing stable educational outcomes.
The region faces moderate wildfire risk due to dense forest cover and seasonal lake-effect snow, with standard flood risks near local lakes and streams.
Economic momentum is driven by the Interlochen Center for the Arts and tourism, with limited large-scale industrial development in the immediate ZIP.
Property taxes are assessed at the local township level in Grand Traverse County, subject to Michigan's Proposal A limitations on taxable value increases.
Commuting is primarily car-dependent, with most residents driving 15-25 minutes toward Traverse City for employment.
The area is anchored by the Interlochen Center for the Arts and Interlochen State Park, offering extensive access to Green Lake and Duck Lake for boating and fishing.
The rental market is tight due to seasonal demand and the presence of students and faculty from the arts academy, with limited multi-family inventory.
The economy is heavily anchored by the Interlochen Center for the Arts, supplemented by tourism, hospitality, and small-scale retail.
Public transit is minimal; the area relies on regional highway corridors connecting to Traverse City.
Development is largely constrained by environmental protections and rural zoning, with limited new large-scale residential projects.
Grand Traverse County Equalization Department manages assessments based on state-mandated formulas.
Parcels are subject to local school district taxes and township-specific millages for emergency services.
Property insurance premiums are influenced by wildfire risk and proximity to water, with standard market availability.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Michigan's oldest state park, featuring extensive lakefront access.
World-renowned arts education and performance venue.
Large recreational lake popular for fishing and boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.