Homes for Sale with AC in Downtown Traverse City, Traverse City, MI

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Downtown Traverse City, MI Housing Market Overview

Downtown Traverse City in Traverse City is a buyer's market right now. Homes are selling for 91.15% of asking price and taking an average of 150 days to sell, giving you more time to compare your options, negotiate a better deal, and buy with confidence.

Status

Balanced Market

Days on Market

150

Inventory

40

Sep 2021Feb 2024Feb 2026

Median Home Price

$399,000Up 0.25%

In Feb 2026 · YoY

Sep 2021Feb 2024Feb 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
40 Down 0.18%
Newly Listed Homes
11 Down 0.45%
Months of Supply
2.7 Down 0.00%

Housing Demand

Homes Sold
15 Down 0.00%
Sale-to-List Ratio
91.1% Down 4.74%
Homes Sold Above List
0% Down 16.67%

30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.

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  • mls-imgIDX Logo
    Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 9, 2026, 7:45 AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from MiRealSource through Oct 9, 2026, 7:45 AM . All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.
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Downtown Traverse City, Traverse City, MI Housing Marketlink qauare
Homes Available icon

48

Homes Available

Median List Price icon

$ 399,000

Median List Price

Avg on Market icon

150 Days

Avg on Market

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