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County Overview

Grand Traverse County, MI

Aggregate real estate market report across county ZIPs
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Grand Traverse County, MI real estate market currently shows 419 active listings, with 121 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has tightened compared to last year, with 54 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 90 days on market compared to 93 days last year.

The median listing price has risen 2.9% year-over-year, from $444,500 to $457,400.

Whether you are buying or selling in Grand Traverse County, 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.

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Market Context

Market Context

Population: 76,915  ·  Density: 125.5/mi²  ·  Median household income: $76,401

Typical home value: $266,560  ·  Homeownership: 79.9%

Included Areas

Traverse City: 49685, 49686, 49696

Acme: 49610

Buckley: 49620

Grawn: 49637

Kingsley: 49649

Mayfield: 49666

Old Mission: 49673

Williamsburg: 49690

Area Map

Market Overview

Active Listings
419
⇩ 11.4% vs 473 last year
Pending
121
29% pending ratio
Median Price
$457,400
⇧ 2.9% vs $444,500 last year
Average Price
$768,367
⇧ 8% vs $711,161 last year
Days on Market
90
⇩ 3.2% vs 93 days last year

Price Per Square Foot

Median $/sqft
$314
⇧ 2.6% vs $306/sqft last year
Median Home Size
1,470 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 2.5% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %