Active Listings
357
⇩ 7.5% vs 386 last year
Data as of February 2026. Source: Realtor.com.
The Traverse City, MI real estate market currently shows 357 active listings, with 101 pending sales. Homes are averaging 93 days on the market before going under contract.
Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 93 days on market compared to 90.3 days last year.
The median listing price has risen 11.1% year-over-year, from $468,105 to $520,247.
Whether you are buying or selling in Traverse City, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 77,926 · Density: 157.6/mi² · Median household income: $74,713
Typical home value: $291,895 · Homeownership: 74.3%