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County Overview

Grand Traverse County, MI

Aggregate real estate market report across county ZIPs
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Grand Traverse County, MI real estate market currently shows 428 active listings, with 125 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has tightened compared to last year, with 42 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 64 days on market compared to 68 days last year.

The median listing price has fallen 5% year-over-year, from $489,000 to $464,500.

Whether you are buying or selling in Grand Traverse County, 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.

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Market Context

Market Context

Population: 76,915  ·  Density: 125.5/mi²  ·  Median household income: $76,401

Typical home value: $266,560  ·  Homeownership: 79.9%

Included Areas

Traverse City: 49685, 49686, 49696

Acme: 49610

Buckley: 49620

Grawn: 49637

Kingsley: 49649

Mayfield: 49666

Old Mission: 49673

Williamsburg: 49690

Area Map

Market Overview

Active Listings
428
⇩ 8.9% vs 470 last year
Pending
125
29% pending ratio
Median Price
$464,500
⇩ 5% vs $489,000 last year
Average Price
$805,820
⇧ 2.9% vs $783,299 last year
Days on Market
64
⇩ 5.9% vs 68 days last year

Price Per Square Foot

Median $/sqft
$320
⇧ 0.9% vs $317/sqft last year
Median Home Size
1,469 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 15.9% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %