Market Intelligence · MI / Traverse City
Traverse City, MI 49685 Housing Market
The typical home value in Traverse City, MI 49685 is $437,390, up 2.5% over the past year. The median list price is $545,000, and homes are spending a median of 56 days on the market.
The median home value in Traverse City, MI 49685 is $437K as of August 2026, up 2.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.
Get a cash offer
Sell without the wait
Sell your Traverse City home for cash.
A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.
Typical 49685 range
$402K to $472K
This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.
Track my home's value
Asset monitoring
Track your home's value.
A free monthly briefing with your estimated value and 49685 market stats. Unsubscribe anytime.
12-month value trend
+2.5% over 12 months
Aug 2025$427K
Low $427KHigh $437K
Aug 2026$437K