Traverse City, MI
City market trends and history
Public Record
Median Sale Price
$434.2K
12-Month Sales
80
-6.7%
1-Year Appreciation
-6.7%
Properties Tracked
14,170
Median Sale Price History
Top Neighborhoods
| Name | Median |
|---|
Top Neighborhoods by Activity
| Neighborhood | Sales 12mo | Median |
|---|
Top ZIP Codes
| ZIP | Sales 12mo | Median |
|---|
Recent Sales
| Date | Address | Price |
|---|---|---|
| May 19, 2026 | Emerald Isle | $300K |
| May 18, 2026 | Briar Ridge Dr | $635K |
| May 7, 2026 | Vienna Way | $729K |
| May 4, 2026 | West Crown Dr | $945K |
| Apr 27, 2026 | 12755 S MARINA VILLAGE DR SLIP 94 | $87.5K |
| Apr 24, 2026 | E 17th St Unit 2C | $730K |
| Apr 20, 2026 | Centre St Apt 11 | $219.9K |
| Apr 10, 2026 | W Fourteenth St | $365K |
| Apr 9, 2026 | 12755 S MARINA VILLAGE DR | $83K |
| Apr 3, 2026 | 3836 OLD MISSION RD | $615K |
| Apr 2, 2026 | Sherwood Forest Dr | $355K |
| Apr 1, 2026 | 9481 E WALKABOUT LN | $62K |
| Mar 30, 2026 | E Eighth St Unit 104 | $265K |
| Mar 27, 2026 | Davis St | $345K |
| Mar 25, 2026 | S Winding Trl Lot 13 | $185K |
| Mar 6, 2026 | Santo St | $480K |
| Mar 4, 2026 | Hannah Ave | $330K |
| Mar 3, 2026 | Cuyahoga Ct | $782K |
| Mar 3, 2026 | W Twelfth St | $607.4K |
| Mar 3, 2026 | Baywood Dr | $490K |
4-Quarter Forecast
Linear projection from past trendQuarterly trend
-4.6%
Implied 1-yr
-18.5%
2026 Q3
$346.7K
2026 Q4
$323.8K
Median Price — History + Forecast
Property type mix
Share by property type
Year-built distribution
Properties by build era
Map
Recent top sales — most expensive
| Address | Sale date | Sale price |
|---|---|---|
| 15582 WATERS EDGE DR | Jul 28, 2023 | $3,800,000 |
| 15600 WATERS EDGE DR | Dec 23, 2024 | $3,710,000 |
| N Long Lake Rd | Apr 28, 2023 | $3,619,700 |
| N West Silver Lake Rd | Jan 23, 2023 | $3,450,000 |
| 15991 WATERS EDGE DR | Jun 12, 2024 | $3,300,000 |
| 15594 WATERS EDGE DR | Sep 22, 2022 | $3,295,000 |
| W Long Lake Rd | Feb 27, 2023 | $3,250,000 |
| 15600 WATERS EDGE DR | Aug 25, 2023 | $2,995,000 |
| 15706 SHORELINE CT | May 30, 2023 | $2,995,000 |
| 3888 SWANEY RD | Dec 7, 2023 | $2,800,000 |
How Traverse City compares
| Metric | Traverse City | Michigan avg | US avg |
|---|---|---|---|
| Median price | $434.2K | $327.2K | $535.4K |
| 1-year change | -6.7% | -3.4% | -5.4% |
| Sales (12mo) | 80 | 9,643 | — |
| Median sqft | — | — | — |
Other cities in Michigan
How Traverse City ranks in Michigan
1-year appreciation
#269 of 1015
Median price
#90 of 1015
Frequently asked about Traverse City
What is the median sale price in Traverse City, MI?
The median sale price in Traverse City over the last 12 months is $434.2K, based on 80 transactions.
How fast are home prices appreciating in Traverse City?
Traverse City home prices have changed -6.7% year-over-year on a median basis.
How many sales happen each year in Traverse City?
Roughly 80 home sales were recorded in Traverse City over the trailing 12 months.
What types of properties are most common in Traverse City?
single_family is the most common property type tracked in Traverse City.
When were most homes in Traverse City built?
Most homes in Traverse City were built in the 1990-1999 era.