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Traverse City, MI Real Estate Market

January 2026 · Source: Realtor.com · MI
Seller's Market
Hotness Rank #187

Market Snapshot — Traverse City, MI

Median Listing Price
$500,000
▲ 11.4% vs $448,750 last year
Active Listings
503
▲ 1.2% vs 497 last year
Median Days on Market
94
▲ 3.3% vs 91 days last year
New Listings
108
added this month
Pending Listings
193
under contract

Market Temperature

Hotness Score
40.6
National Rank #187
Supply vs Demand
Supply 7.4 Demand 73.9
Seller's Market
Buyer Interest vs US
+157%
page views per listing vs national avg

24-Month Trends — Traverse City, MI

Counties in Traverse City, MI

CountyNat'l RankHotness ScoreDemandSupplyMedian PriceDays on Market
Leelanau County, MI #669
53.9
81.6 26.1 $750,000 92 days
Grand Traverse County, MI #783
49.5
64.6 34.3 $479,900 87 days

Metro Area Map

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