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Chums Corner, MI

Full City Profile · Michigan · Grand Traverse County County

3.3 /5.0
B Good
1,012 Population 380/sq mi density
$72,933 Median Income $39,344 per capita
$279,200 Home Value $327,436 Zillow
47°F Avg Temperature 276 sunny days/yr
305 Violent Crime/100K 1,840 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$72,933 median income, 1.6% unemployment
A+
Affordability
4.5 / 5.0
$279,200 home value, /mo rent
F
Safety
1.0 / 5.0
305 violent crimes/100K
B
Education
3.1 / 5.0
26.6% bachelor's degree or higher

Housing Overview

Median Home Value
$279,200
1% below
US avg: $281,900
Homeownership Rate
86.4%
32% above US avg (65.4%)
Total Housing Units
408
Median year built: 1976

Home Value by Source

Census Median
$279,200
Zillow (ZHVI)
$327,436
Median Sale Price
$425,026
Median List Price
$425,026
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.4%
Owner-Occupied
13.6%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo

Market Indicators (Redfin)

Median Days on Market
1 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$271
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
86.4%

Complete Housing Data

Home Values

Census Median Value$279,200
Zillow Home Value (ZHVI)$327,436
Median Sale Price$425,026
Median List Price$425,026
Price Per Sq Ft$271

Rent

FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market1
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory3
Price Per Sq Ft$271

Ownership & Stock

Owner-Occupied86.4%
Renter-Occupied13.6%
Homeownership Rate86.4%
Total Housing Units408
Median Year Built1976
Rent Burden31.5%