Gartherfeld
Data as of February 2026. Source: Realtor.com.
The TRAVERSE CITY, MI real estate market (49685) currently shows 64 active listings, with 18 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 52 days on market compared to 45 days last year.
The median listing price has risen 5.2% year-over-year, from $449,000 to $472,400.
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: 21,120 · Density: 150.5/mi² · Median household income: $75,035
Typical home value: $268,507 · Homeownership: 77.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49685 | Traverse City, MI 49685 | 0.0 mi | 65 | $46,600,905 | $524,950 | $716,937 |
| 49684 | Traverse City, MI 49684 | 7.1 mi | 130 | $152,226,100 | $774,500 | $1,170,970 |
| 49650 | Lake Ann, MI 49650 | 9.0 mi | 4 | $2,839,200 | $656,000 | $709,800 |
| 49621 | Cedar, MI 49621 | 11.8 mi | 13 | $9,365,785 | $657,000 | $720,445 |
| 49620 | Buckley, MI 49620 | 12.4 mi | 6 | $1,732,350 | $284,950 | $288,725 |
| 49664 | Maple City, MI 49664 | 15.2 mi | 6 | $8,100,960 | $1,099,900 | $1,350,160 |
| 49640 | Honor, MI 49640 | 16.4 mi | 7 | $3,607,660 | $550,000 | $515,380 |
| 49617 | Beulah, MI 49617 | 16.7 mi | 12 | $14,781,360 | $1,125,000 | $1,231,780 |
| 49653 | Lake Leelanau, MI 49653 | 18.9 mi | 7 | $12,926,550 | $1,685,000 | $1,846,650 |
| 49668 | Mesick, MI 49668 | 20.4 mi | 7 | $2,587,319 | $288,000 | $369,617 |
| 49616 | Benzonia, MI 49616 | 20.6 mi | 6 | $2,156,880 | $298,500 | $359,480 |
| 49630 | Empire, MI 49630 | 21.2 mi | 3 | $2,085,000 | $695,000 | $695,000 |
| 49680 | South Boardman, MI 49680 | 22.6 mi | 0 | $0 | $474,900 | $474,900 |
As of February 2026, there are 64 active listings in TRAVERSE CITY, MI (zip code 49685), compared to 69 the prior year.
The median listing price in TRAVERSE CITY, MI 49685 is $472,400 as of February 2026, a 5.2% increase from $449,000 the prior year.
Homes in TRAVERSE CITY, MI 49685 spend an average of 52 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of February 2026, TRAVERSE CITY, MI 49685 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 52 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in TRAVERSE CITY, MI 49685 save an estimated $9,448 compared to a typical 5% commission on the median listing price of $472,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.