All Home Types
Downtown Traverse City, MI Housing Market
What is the housing market like in Downtown Traverse City today?
In February 2025, Downtown Traverse City home prices were down 4.8% compared to last year, selling for a median price of $319K. On average, homes in Downtown Traverse City sell after 206 days on the market compared to 116 days last year. There were 11 homes sold in February this year, up from 8 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$319,000
-4.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Traverse City, MI
$319,000
-4.8%
United States
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Downtown Traverse City.
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