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Traverse City, MI real estate

Compare top Traverse City real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Traverse City real estate Market Report.

Information and statistics on the latest trends in the Traverse City real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$491K
+10% from Q2 '26
Median list price
$505K
-7.4% from Q2 '26
Active listings
311
-1% from Q2 '26
Homes sold
112
+19% from Q2 '26
New pendings
100
-24% from Q2 '26
New listings
111
-50% from Q2 '26

Quarterly Pricing Trends for Traverse City

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Traverse City Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $345K Median sale price in Jan 2022 - Mar 2022: $348K Median sale price in Apr 2022 - Jun 2022: $399K Median sale price in Jul 2022 - Sep 2022: $450K Median sale price in Oct 2022 - Dec 2022: $365K Median sale price in Jan 2023 - Mar 2023: $413K Median sale price in Apr 2023 - Jun 2023: $425K Median sale price in Jul 2023 - Sep 2023: $450K Median sale price in Oct 2023 - Dec 2023: $395K Median sale price in Jan 2024 - Mar 2024: $375K Median sale price in Apr 2024 - Jun 2024: $463K Median sale price in Jul 2024 - Sep 2024: $495K Median sale price in Oct 2024 - Dec 2024: $435K Median sale price in Jan 2025 - Mar 2025: $350K Median sale price in Apr 2025 - Jun 2025: $405K Median sale price in Jul 2025 - Sep 2025: $390K Median sale price in Oct 2025 - Dec 2025: $365K Median sale price in Jan 2026 - Mar 2026: $460K Median sale price in Apr 2026 - Jun 2026: $445K Median sale price in Jul 2026 - Sep 2026: $491K Median list price in Oct 2021 - Dec 2021: $349K Median list price in Jan 2022 - Mar 2022: $350K Median list price in Apr 2022 - Jun 2022: $449K Median list price in Jul 2022 - Sep 2022: $450K Median list price in Oct 2022 - Dec 2022: $380K Median list price in Jan 2023 - Mar 2023: $442K Median list price in Apr 2023 - Jun 2023: $475K Median list price in Jul 2023 - Sep 2023: $477K Median list price in Oct 2023 - Dec 2023: $350K Median list price in Jan 2024 - Mar 2024: $400K Median list price in Apr 2024 - Jun 2024: $450K Median list price in Jul 2024 - Sep 2024: $550K Median list price in Oct 2024 - Dec 2024: $399K Median list price in Jan 2025 - Mar 2025: $410K Median list price in Apr 2025 - Jun 2025: $440K Median list price in Jul 2025 - Sep 2025: $448K Median list price in Oct 2025 - Dec 2025: $476K Median list price in Jan 2026 - Mar 2026: $450K Median list price in Apr 2026 - Jun 2026: $545K Median list price in Jul 2026 - Sep 2026: $505K Oct 2021 - Dec 2021 Median sale price $345K Median list price $349K Jan 2022 - Mar 2022 Median sale price $348K Median list price $350K Apr 2022 - Jun 2022 Median sale price $399K Median list price $449K Jul 2022 - Sep 2022 Median sale price $450K Median list price $450K Oct 2022 - Dec 2022 Median sale price $365K Median list price $380K Jan 2023 - Mar 2023 Median sale price $413K Median list price $442K Apr 2023 - Jun 2023 Median sale price $425K Median list price $475K Jul 2023 - Sep 2023 Median sale price $450K Median list price $477K Oct 2023 - Dec 2023 Median sale price $395K Median list price $350K Jan 2024 - Mar 2024 Median sale price $375K Median list price $400K Apr 2024 - Jun 2024 Median sale price $463K Median list price $450K Jul 2024 - Sep 2024 Median sale price $495K Median list price $550K Oct 2024 - Dec 2024 Median sale price $435K Median list price $399K Jan 2025 - Mar 2025 Median sale price $350K Median list price $410K Apr 2025 - Jun 2025 Median sale price $405K Median list price $440K Jul 2025 - Sep 2025 Median sale price $390K Median list price $448K Oct 2025 - Dec 2025 Median sale price $365K Median list price $476K Jan 2026 - Mar 2026 Median sale price $460K Median list price $450K Apr 2026 - Jun 2026 Median sale price $445K Median list price $545K Jul 2026 - Sep 2026 Median sale price $491K Median list price $505K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
31
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Year-over-year, Traverse City’s rolling three-month numbers show notable price growth alongside shifting activity. The typical home value is up nearly 26% from a year ago, even as the number of homes sold is roughly flat. Listing activity has eased slightly, with new listings down a bit and pending sales falling more sharply over the same period.

Looking at the latest rolling three-month view through September 2026, prices are high while activity is mixed. The typical home value is about $491,000, and the median list price is roughly $505,000, with homes spending a median of 55 days on the market.

Inventory and demand are sending somewhat different signals. Active listings have inched up compared with last year, yet months of supply has dropped to 3.8 months, aligning with the Seller’s Market label and indicating fewer options relative to the pace of sales. Only about 17% of homes are selling above list price now, down from much higher shares seen in prior years, while the average sale-to-list ratio sits just under 98%. With prices elevated but some buyers gaining a bit more negotiating room, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands Traverse City’s current dynamics.



Learn more about what Traverse City has to offer.

Traverse City offers residents a close-knit community, rich cultural and outdoor opportunities, and a high quality of life with easy access to parks, beaches, local arts, and a thriving small-business scene.

Traverse City stands apart from other northern Michigan communities with its rare mix of freshwater shoreline, a walkable downtown, and a serious food and arts culture. Locals enjoy the four seasons equally, from busy summers on Grand Traverse Bay to quiet winters that still keep Front Street lively with events, dining, and live music.

Residents prize access to the water and trails. The TART Trails system and Boardman Lake Loop make cycling and running part of everyday life, while Clinch Park and the West End Beach shoreline are close to downtown. The Open Space hosts festivals that draw visitors from nearby communities like Acme and Interlochen. Families value strong schools such as Traverse City Area Public Schools and cultural hubs like the City Opera House.

Neighborhoods range from historic homes near downtown to quieter residential pockets along the Old Mission Peninsula and west toward Leelanau County. Each area has its own feel, and market conditions can vary dramatically street by street, especially during the summer and early fall selling season.

Whether you are preparing to list a longtime family home or secure a place before the next peak season, timing and preparation matter in Traverse City. Agent Pronto can connect both buyers and sellers with the right local real estate professional to navigate this unique market confidently.

Find your Traverse City real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Considering the situation we were in to sell the house, Tom and Karah did an EXCELLENT job understanding my needs and wanting the best for the buyer as well. I hope to use them in the future for buying a home. You SHOULD!!!”

Terri M · Beaverton, MI

Photo of Tom Webb
Dwelling Place Inc
“I couldn’t have asked for a better agent as a first time homebuyer! Kevin was knowledgeable and had amazing recommendations of outside services I needed in the process. He was always quick to respond to any questions and without having anything to compare him to, I’m certain he went above and beyond to make this experience great for me!”

Brittney Bode ·

Photo of Betsy Kirkby
ERA Real Estate ERA Greater North Properties
“Lexa Ferrill was truly nothing short of spectacular during our home buying journey. The entire process was smooth and stress-free thanks to her expertise and dedication. She was always available to address any questions or concerns we had along the way. We couldn't be happier with our new home and would absolutely recommend Lexa to anyone looking to buy or sell in the area.”

jeaniemhoward ·

Photo of Lexa Ferrill
Real Estate One
“Scott was fantastic to work with and helped us get a great deal in a highly competitive market. He was incredibly responsive, knowledgeable about the area, and always made sure we felt confident throughout the process. We especially appreciated that he was never pushy and genuinely focused on helping us find the right house rather than rushing us into a decision. We are very happy with our new home and would highly recommend Scott to anyone looking for a realtor.”

Jake Schimelfening ·

Photo of Zokoe Team - Five Star Realty
Five Star Real Estate
“Working with Chelsea was great, the overall homebuying experience was pretty easy. I would reccomend Chelsea to other first time veteran home buyers. We felt she put us first as buyers instead of just another sale. Thanks Chelsea!”

Dylan Smith ·

Photo of Chelsea Bryant
Real Broker, LLC
“You led me to Sam Masteller and HE is an angel!”

Marilyn P. · Wyoming, MI

Photo of King Moves GR
Berkshire Hathaway Home Services
“I would highly recommend working with Sarah if you’re looking to buy a home! She was very knowledgeable and explained every step of the process to me, putting me at ease as a first time homebuyer. Due to a sudden change in my living situation I needed to find a home on a short timeline. Sarah was more than accommodating, spending several days touring multiple homes with me until I found the right one. She was very knowledgeable about the closing process, helping me place an offer which was quickly accepted while still being well within my budget in a very competitive housing market. She was always available to answer questions or calm my nerves when I was stressed about things. I’m absolutely in love with my new home and can’t thank Sarah enough for her assistance in helping me purchase it.”

Colette Pressell ·

Photo of Sarah Jones
Key Realty Dennis Moore
“Absolutely the best agent we’ve ever worked with (over 15 homes). She counseled us on the pros & cons of each area in the greater Traverse City area. We were ultimately outbid on two, then a bad inspection on one, Jen counseled us in each instance. Knows her stuff business-wise, fought for us during a negotiation, goes above and beyond every time, and…she’s cool.”

Rick L ·

Photo of Jen Edson-Rife
Five Star Real Estate
“I had such an amazing homebuying experience with Taylor! He answered my million questions, shared his expertise, and was patient as I considered my options. We toured many different houses this past year and narrowed down our search. Then presto we found the perfect place for me and Kovu right here in TC. Thank you for helping me purchase my dream home Taylor!”

hartmantravels ·

Photo of Taylor Brown
Real Estate One
“Amazing! Would highly recommend! Extremely professional and always responds quickly. Look no further as Alyssa should be your go to agent! She takes the time to explain things well and really guides you through the whole purchasing process.”

michael6carv ·

Photo of Tom Farrell
Crown Real Estate Group
“Shelley was wonderful to work with. I highly recommend her! ”

Joanne S. · Interlochen, MI

Photo of Shelly Brunette
Real Estate One

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Traverse City. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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