Home prices
The median home cost in Suttons Bay is $365,500. It is roughly $93,820 (34%) higher compared to the surrounding areas.Compared to the rest of the nation it is approximately $148,000 (68%) higher, and it is about $99,400 (37%) higher compared to the city of Traverse City.
Rents
Suttons Bay's median rent is $864 a month. Compared to nearby areas this is approximately $180 (17%) lower.It is roughly $198 (18%) lower compared to the entire nation, and is about $41 (4%) lower in comparison to the city of Traverse City.
Nearby places
Leland
Leland is about 5 miles northwest of Suttons Bay. The housing prices there are significantly more expensive. The median home in Leland is valued at $538,000, which comes out to $172,500 (32%) higher than Suttons Bay. Its rents are a bit more expensive. The median monthly rent in Leland is $1,029, which works out to $165 (16%) higher than Suttons Bay.
Northport
Northport is approximately 9 miles north from Suttons Bay. Its housing prices are substantially less expensive. The median home cost in Northport is $200,700, which comes out to $164,800 (82%) lower than Suttons Bay. Its rents are a little more expensive. Northport's median monthly rent is $1,072, which comes out to $208 (19%) higher than Suttons Bay.
Greilickville
Greilickville is roughly 11 miles south of Suttons Bay. Housing prices there are a lot less expensive. The median home in Greilickville is valued at $263,800, which works out to $101,700 (38%) lower than Suttons Bay. The rent there is substantially more expensive. Greilickville's median monthly rent is $1,419, which comes out to $555 (39%) higher than Suttons Bay.
Elk Rapids
Elk Rapids is approximately 11 miles southeast from Suttons Bay. Housing prices there are substantially less expensive. The median home in Elk Rapids is valued at $229,200, which works out to $136,300 (59%) lower than Suttons Bay. Rents there are pretty similar. The median monthly rent in Elk Rapids is $827, which comes out to $37 (4%) lower than Suttons Bay.
Maple City
Maple City is roughly 11 miles southwest of Suttons Bay. The housing prices there are substantially less expensive. Maple City's median home value is $126,700, which is $238,800 (188%) lower than Suttons Bay. Its rents are similar. The median rent in Maple City is $875 a month, which comes out to $11 (1%) higher than Suttons Bay.
