Data as of June 2026. Source: Realtor.com.
The Traverse City, MI real estate market currently shows 550 active listings, with 159 pending sales. Homes are averaging 37.8 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are selling faster, averaging 37.8 days on market compared to 44.3 days last year.
The median listing price has risen 2.4% year-over-year, from $547,286 to $560,324.
Whether you are buying or selling in Traverse City, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 77,926 · Density: 157.6/mi² · Median household income: $74,713
Typical home value: $291,895 · Homeownership: 74.3%