Data as of September 2026. Source: Realtor.com.
The Traverse City, MI real estate market currently shows 575 active listings, with 159 pending sales. Homes are averaging 59.3 days on the market before going under contract.
Inventory has increased compared to last year, with 50 more homes available — giving buyers more choice.
Homes are selling faster, averaging 59.3 days on market compared to 62.5 days last year.
The median listing price has fallen 0.6% year-over-year, from $547,423 to $543,871.
Population: 77,926 · Density: 157.6/mi² · Median household income: $74,713
Typical home value: $291,895 · Homeownership: 74.3%