Taylor Brown Taylor Brown

Interlochen Hosts One of the Most Famous Arts Academies in America. The Median Home Just Dropped 11%. The Real Estate Market Is Doing Something Weird.

Interlochen sits 15 miles from downtown Traverse City, between two 2,000-acre all-sports lakes, and hosts one of the most famous arts academies in America — yet the median home price just dropped 11% year-over-year while Grand Traverse County ticked up 3%. Here’s what’s actually happening, why the academy doesn’t drive prices the way you’d think, and the three streets worth knowing about if you’re shopping the 49643 ZIP.

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