Traverse City, MI—49684
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Traverse City, MI
As of Dec '25, the median home price in Traverse City, MI is $464,000, with a year-over-year change of -0.3%. This indicates that home prices in Traverse City, MI are flat. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $464,000 | -0.3% |
| Single Family | $482,000 | -0.8% |
| Condos | $405,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |