Market Intelligence · MI / Traverse City
Traverse City, MI 49685 Housing Market
In Traverse City's 49685 ZIP code, the typical home value is $440,891, up 2.7% over the past year. Homes here carry a median list price of $557,450, and listings tend to go under contract at a median of 34 days on market.
The median home value in Traverse City, MI 49685 is $441K as of June 2026, up 2.7% 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.
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Typical 49685 range
$406K to $476K
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.
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12-month value trend
+2.7% over 12 months
Jun 2025$429K
Low $429KHigh $441K
Jun 2026$441K