All Home Types
Traverse City, MI Housing Market
What is the housing market like in Traverse City today?
In February 2025, Traverse City home prices were up 3.0% compared to last year, selling for a median price of $345K. On average, homes in Traverse City sell after 131 days on the market compared to 90 days last year. There were 27 homes sold in February this year, up from 21 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$345,000
+3.0% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Traverse City, MI
$345,000
+3.0%
United States
Traverse City Migration & Relocation Trends
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