Interlochen, Michigan.
Typical home $367,874 (+4.1% in a year). Traverse City, MI metro.
to buy the typical home at today's mortgage rate — +$1,162 (+151%) since Jan 2020.
- 1 year
- Up $14,543 +4%
- $353,331$367,874 since Sep 2025
- 5 years
- Up $88,215 +32%
- $279,659$367,874 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Interlochen$1,931
- Michigan$1,384
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Interlochen, MI rose 4.1% over the past year — faster than the nation's +1.2%.
Living in Interlochen, Benzie County, Michigan
Interlochen, in Benzie County, had 694 people in the 2020 census. Unemployment in Benzie County was 4.2% in August 2026, and the county had 3.0% more jobs in 2025 than the year before. The most people in Benzie County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Interlochen is a very small community in Benzie County, in northern Michigan, and it has the quiet pace that goes with that. Winters are cold, with a great deal of snow, and summers are pleasantly warm. Homes here are valued above what many people would expect for a town this size, and the county's household incomes are modest by comparison.
Work. Many residents work in schools, hospitals and social care, with others in shops, in restaurants and hotels, and in professional and business services. Across Benzie County, the largest workplaces include Benzie County Central Schools, Paul Oliver Memorial Hospital and Crystal Enterprises, which runs a ski facility with accommodations. Jobs across the county grew over the past year, and unemployment there has eased a little. The typical commute is a moderate one.
Things to do. Interlochen State Park sits in or beside town, and Duck Lake and Green Lake are close by as well, so water is never far away. Long Lake is a short drive off, and Sleeping Bear Dunes National Lakeshore, a protected area along the Lake Michigan shore, is a longer drive for a day out.
Report a mistake
- 24 mintypical commute
What people in Benzie County work in
Employed residents by industry, from the Census survey. Benzie County had 5,028 jobs in 2025, 3.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 28° and lows near 15°; warmest in July, with highs near 79° and lows near 58°. About 101 inches of snow and 36 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Traverse City Munson weather station, 10 miles away (NOAA).
Largest workplaces in Benzie County
- Crystal EnterprisesAlpine skiing facilities with accommodations534
- Benzie County Central SchoolsSchool district137FTE
- Graceland Fruit - Forrester RdFruit and vegetables, dehydrating, manufacturing102
- SpartanNashSupermarkets and other grocery except convenience stores94
- Paul Oliver Memorial HospitalCritical access hospital87FTE
- Frankfort-Elberta Area SchoolsSchool district78FTE
- Graceland Fruit - Main StFruit and vegetables, dehydrating, manufacturing55
- AJ's ExcavatingExcavation contractors39
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 1,123 people in all across the county; Interlochen has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Cold wavesRelatively high
- Lightningrelatively high in parts of InterlochenRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Interlochen’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Benzie County and the Traverse City, MI metro.
Interlochen home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Interlochen$367,874
- Michigan$263,760
- United States$366,157
Sellers are cutting prices on about 1 in 3 Interlochen listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Interlochen33.24%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Interlochen37
New listings per month
Sellers arriving at the market.
- Interlochen16
Zip codes with a Interlochen address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Interlochen — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.