151 E  Railroad Ave, Traverse City, MI 49686
OFF MARKET

$566,800

Trulia Estimate
  • Studio

151 E Railroad Ave, Traverse City, MI 49686

Oak Park
Est. Refi. Payment $3,373/mo*
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Home Value

Trulia Estimate
$567K
Since last month
Increased$5K (+0.9%)
Since last year
Increased$5K (+0.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +1% in the last 10 years
MonthEstimated value
2026
August 2026$572K
August 2026$567K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$1,500,000
11/14/25
3
3.5
3,763
0.17
Single-Family Home
$650,000
08/06/26
3
2
1,815
0.21
Single-Family Home
$500,000
05/15/26
3
1.5
1,301
0.23
Single-Family Home
$1,000,000
03/23/26
4
4
3,891
0.25
Single-Family Home
$1,060,000
06/12/26
3
2
2,093
0.30
Single-Family Home
$2,400,000
07/20/26
5
3.5
3,500
0.30
Single-Family Home
$720,000
09/25/25
3
2
1,469
0.33
Single-Family Home
$790,000
06/23/26
4
2
1,905
0.34
Single-Family Home
$587,500
03/02/26
4
2.5
2,640
0.37
Single-Family Home
$725,000
11/24/25
4
2
2,379

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$911,200
4
4
2,857
Off Market
0.02
$565,400
3
3
1,550
Off Market
0.02
$585,000
3
2
1,350
For Sale
0.00
$585,000
3
2.5
1,303
For Sale
0.00
$461,000
2
2
1,350
Off Market
0.01
$489,900
2
2
1,250
Off Market
0.03
$478,300
2
2
1,170
Off Market
0.03
$580,000
3
3
1,302
For Sale
0.03
$533,700
2
2
1,275
Off Market
0.03
$440,000
2
2.5
1,142
Recently Sold
0.06
$1,170,000
3
3
2,704
Off Market

Local Information

  • Map ViewExplore the area around 151 E Railroad Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

151 E Railroad Ave is in the Oak Park neighborhood in Traverse City, MI and in ZIP code 49686.
151 E Railroad Ave, Traverse City, MI 49686 is a studio property in Oak Park. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $566,800, with a rent estimate of $2,378/month.

Market trends in Traverse City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$462K
$4.92K
MoM
Sale-to-List Price
99.3%
0.4%
MoM
Price per sq ft
$289
$16
MoM
Available listings
544
18
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Oak Park

At least 11 Trulia users voted on each feature.
  • 100 % Say it's walkable to grocery stores

  • 95 % Say it's dog friendly

  • 93 % Say there's holiday spirit

  • 89 % Say it's walkable to restaurants

  • 89 % Say there are sidewalks

  • 77 % Say yards are well-kept

  • 77 % Say people would walk alone at night

  • 74 % Say streets are well-lit

  • 73 % Say parking is easy

  • 70 % Say it's quiet

  • 64 % Say they plan to stay for at least 5 years

  • 62 % Say car is needed

  • 53 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 40 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • PDaddy2.0
    "This is close to all the action but off to the side. Neighborhood is safe and very walkable! Having FnM Park, Civic Center, Shoreline, and Downtown all right next door makes the neighborhood extra special!"
  • Timeless456
    "Dog friendly neighborhood. most everybody likes dogs. just keep them on a leash when walking and clean up after them and everyone is happy"
  • dandepeck
    "Charming downtown neighborhood, close to F&M park, library, sunset beach, and the TART trail."

LGBTQ Local Legal Protections

Frequently asked questions about 151 E Railroad Ave

  • What is 151 E Railroad Ave estimated to be worth?
    Trulia's estimated value for 151 E Railroad Ave in Traverse City, MI is $566,800.
  • Is Traverse City a buyer's or seller's market?
    Traverse City is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Traverse City?
    The median sale price in Traverse City is $462K. That is up $4.92K from the prior month.
  • What do residents say about the Oak Park neighborhood?
    Residents describe the Oak Park neighborhood in Traverse City, MI as walkable to grocery stores, dog-friendly, and walkable to restaurants. See recently sold homes in Oak Park, Traverse City.

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Off Market Homes Near 151 E Railroad Ave

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