Gartherfeld
Data as of September 2026. Source: Realtor.com.
The TRAVERSE CITY, MI real estate market (49685) currently shows 122 active listings, with 30 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 66 days on market compared to 51 days last year.
The median listing price has fallen 8.1% year-over-year, from $518,725 to $476,548.
Population: 21,120 · Density: 150.5/mi² · Median household income: $75,035
Typical home value: $268,507 · Homeownership: 77.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49685 | Traverse City, MI 49685 | 0.0 mi | 64 | $42,004,992 | $472,400 | $656,328 |
| 49684 | Traverse City, MI 49684 | 7.1 mi | 119 | $127,431,031 | $749,900 | $1,070,849 |
| 49650 | Lake Ann, MI 49650 | 9.0 mi | 6 | $4,688,724 | $711,425 | $781,454 |
| 49621 | Cedar, MI 49621 | 11.8 mi | 12 | $7,086,072 | $630,500 | $590,506 |
| 49620 | Buckley, MI 49620 | 12.4 mi | 9 | $2,608,938 | $259,675 | $289,882 |
| 49664 | Maple City, MI 49664 | 15.2 mi | 7 | $9,661,260 | $1,250,000 | $1,380,180 |
| 49640 | Honor, MI 49640 | 16.4 mi | 5 | $5,685,415 | $743,750 | $1,137,083 |
| 49617 | Beulah, MI 49617 | 16.7 mi | 7 | $9,152,997 | $1,371,225 | $1,307,571 |
| 49653 | Lake Leelanau, MI 49653 | 18.9 mi | 6 | $7,925,880 | $995,000 | $1,320,980 |
| 49668 | Mesick, MI 49668 | 20.4 mi | 6 | $1,892,280 | $228,225 | $315,380 |
| 49616 | Benzonia, MI 49616 | 20.6 mi | 4 | $1,741,372 | $477,425 | $435,343 |
| 49630 | Empire, MI 49630 | 21.2 mi | 2 | $2,510,000 | $1,255,000 | $1,255,000 |
| 49680 | South Boardman, MI 49680 | 22.6 mi | 2 | $754,800 | $377,400 | $377,400 |
As of September 2026, there are 122 active listings in TRAVERSE CITY, MI (zip code 49685), compared to 94 the prior year.
The median listing price in TRAVERSE CITY, MI 49685 is $476,548 as of September 2026, a 8.1% decrease from $518,725 the prior year.
Homes in TRAVERSE CITY, MI 49685 spend an average of 66 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of September 2026, TRAVERSE CITY, MI 49685 is currently a Buyer's Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in TRAVERSE CITY, MI 49685 save an estimated $9,531 compared to a typical 5% commission on the median listing price of $476,548. 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.