Traverse City, MI housing market
In Traverse City, MI, 216 homes sold during May 2026 and the typical one went for $416,500. The typical sale took 42 days. Buyers and sellers are about evenly matched right now.
Over the last 36 months the typical sale price here went from $385,000 to $416,500 — up 8%.
515 homes came on the market during May 2026, and 216 sold.
Every number on this page is from Redfin's published market data for the Traverse City, MI area. We do not adjust it, and we say which months it covers.
Questions people ask about Traverse City, MI
- When is the best month to sell a house in Traverse City, MI?
- How long does it take to sell a house in Traverse City, MI?
- Do homes sell above asking price in Traverse City, MI?
- Are home prices going up or down in Traverse City, MI?
- Is Traverse City, MI a buyer's market or a seller's market?
- How many homes are for sale in Traverse City, MI?
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Nearby markets
- Warren, MI
- Detroit, MI
- Grand Rapids, MI
- Lansing, MI
- Flint, MI
- Ann Arbor, MI
- Kalamazoo, MI
- Niles, MI
- Muskegon, MI
- Saginaw, MI
Source: Redfin's published market data for the Traverse City, MI area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin.