Metro market data for agents
Traverse City, MI housing market — data for agents
The latest Traverse City, MI home prices, inventory, and days on market — the local proof points your buyers and sellers ask for. Use it to anchor a listing price: the typical home here is 58.0% higher than the Michigan state average and 13.9% higher than the U.S. typical value.
Data as of May 2026.
Latest snapshot — quote these in your CMA
Home value
$422K
May 2026
Days on market
11 days
May 2026
Inventory
689
May 2026
What to tell your buyers and sellers
Ready-to-use talking points for your next Traverse City, MI listing appointment or buyer consult — each is the current figure with its trend.
- ·Typical home value (ZHVI) is $421,806 — +0.1% month over month, +2.1% year over year.
- ·Median days on market is 11 days — -38.9% month over month, -26.7% year over year.
- ·Homes for sale is 689 — +21.5% month over month, -1.0% year over year.
13-month trends — the story behind your pricing
Other metros in Michigan
Sources & methodology
Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly — so you can quote it in a listing appointment or CMA and back it with a link when a client pushes back. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices.