The Unshakable Investor

Unshakable ZIP Data 49684 | Traverse City, MI Housing Market

Traverse City · Grand Traverse County · Traverse City, MI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 49684, Traverse City, Michigan is $499,852 at $333 per square foot. 76 single-family homes sold in the latest period, down 27.4 percent from a year earlier. Homes sit a median of 49 days on market with 7.4 months of supply. Sellers are getting 99.4 percent of list price and 27.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$508,207
Average price per sq ft$338
Median sale price$499,852
Median sale price per sq ft$333
Median home size1,502 sq ft
Median new listing price$545,239+12.4%
National size rank5,639

Sales activity

MetricValueYear over year
Homes sold76-27.4%
Median days on market49 days
Months of supply7.4 months
New listings193+5.4%
Active listings280-7.7%
Pending sales135-3.0%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.4%+1.5 pts
Share sold above list27.0%+7.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$324,275
2-bedroom
$410,806
3-bedroom
$478,641
4-bedroom
$634,883
5-bedroom
$785,797

These figures describe the single-family market for Traverse City, Michigan ZIP 49684. They are market context, not a substitute for sold comps or a formal appraisal.