Market Intelligence · MI / Traverse City
Traverse City, MI 49686 Housing Market
The typical home value in Traverse City 49686 is $407,145, up 0.8% over the past year. The median list price sits at $444,950, and homes are taking a median of 40 days on market as of June 1, 2026.
The median home value in Traverse City, MI 49686 is $407K as of June 2026, up 0.8% 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 49686 range
$375K to $440K
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
+0.8% over 12 months
Jun 2025$404K
Low $404KHigh $408K
Jun 2026$407K