Population: 21,120 · Density: 150.5/mi² · Median household income: $75,035
Typical home value: $268,507 · Homeownership: 77.7%
Data as of January 2026. Source: Realtor.com.
The TRAVERSE CITY, MI real estate market (49685) currently shows 65 active listings, with 15 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are selling faster, averaging 54 days on market compared to 90 days last year.
The median listing price has risen 14.9% year-over-year, from $456,750 to $524,950.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49685 | Traverse City, MI 49685 | 0.0 mi | 65 | $46,600,905 | $524,950 | $716,937 |
| 49684 | Traverse City, MI 49684 | 7.1 mi | 130 | $152,226,100 | $774,500 | $1,170,970 |
| 49650 | Lake Ann, MI 49650 | 9.0 mi | 4 | $2,839,200 | $656,000 | $709,800 |
| 49621 | Cedar, MI 49621 | 11.8 mi | 13 | $9,365,785 | $657,000 | $720,445 |
| 49620 | Buckley, MI 49620 | 12.4 mi | 6 | $1,732,350 | $284,950 | $288,725 |
| 49664 | Maple City, MI 49664 | 15.2 mi | 6 | $8,100,960 | $1,099,900 | $1,350,160 |
| 49640 | Honor, MI 49640 | 16.4 mi | 7 | $3,607,660 | $550,000 | $515,380 |
| 49617 | Beulah, MI 49617 | 16.7 mi | 12 | $14,781,360 | $1,125,000 | $1,231,780 |
| 49653 | Lake Leelanau, MI 49653 | 18.9 mi | 7 | $12,926,550 | $1,685,000 | $1,846,650 |
| 49668 | Mesick, MI 49668 | 20.4 mi | 7 | $2,587,319 | $288,000 | $369,617 |
| 49616 | Benzonia, MI 49616 | 20.6 mi | 6 | $2,156,880 | $298,500 | $359,480 |
| 49630 | Empire, MI 49630 | 21.2 mi | 3 | $2,085,000 | $695,000 | $695,000 |
| 49680 | South Boardman, MI 49680 | 22.6 mi | 0 | $0 | $474,900 | $474,900 |
As of January 2026, there are 65 active listings in TRAVERSE CITY, MI (zip code 49685), compared to 60 the prior year.
The median listing price in TRAVERSE CITY, MI 49685 is $524,950 as of January 2026, a 14.9% increase from $456,750 the prior year.
Homes in TRAVERSE CITY, MI 49685 spend an average of 54 days on the market before going under contract, compared to 90 days the prior year.
Based on current inventory and days-on-market data as of January 2026, TRAVERSE CITY, MI 49685 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 54 days on market compared to 90 days last year.
With SELL123.com's maximum 3% commission, sellers in TRAVERSE CITY, MI 49685 save an estimated $10,499 compared to a typical 5% commission on the median listing price of $524,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.