Traverse City Real Estate Market
The median mortgage debt is $100,900.
Traverse City, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in Traverse City is $243,733. The list prices increased by 1.59% from the previous month.
The price per square foot for listings in this area is $150.
Traverse City, MI Market Inventory Trends
The number of active listings in Traverse City increased by 1.7% from the previous month.
The median number of days active properties have been listed is 104.
Traverse City, MI Property Ownership
The percent of rental properties in Traverse City is 16.92% above the national average which is typical for urban areas.
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