Start Free
All market snapshots / 49684

Traverse City, MI 49684 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Traverse City, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 6262PendingPending sales: 99
Traverse City, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $597k$597kSoldMedian sold price (last 6 months): $500k$500k
What homes actually sell for in Traverse City, MI
Distribution of 300 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $392k to $747k
$265k to $401k: 62 sales$265k$401k to $536k: 90 sales90sales$536k to $672k: 40 sales$536k$672k to $808k: 31 sales$808k to $943k: 26 sales$808k$943k to $1.08M: 8 sales$1.08M to $1.21M: 4 sales$1.08M$1.21M to $1.35M: 8 salesMedian $500k

What the numbers say

As of September 14, 2026, Resideline is tracking 62 active listings and 9 pending sales in ZIP code 49684. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $597,000, while the median of the 300 closed sales Resideline tracked over the last six months was $500,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 49684 for 66 days.

Frequently asked questions

What is the median home price in 49684?

The median closed sale price in Traverse City, MI 49684 was $500,000 over the last six months, based on 300 closed sales tracked by Resideline. The middle half of those sales ranged from $392,000 to $747,000.

Is 49684 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 62 active listings in 49684, a pending-to-active ratio of 0.15. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 49684 currently looks like a balanced market.

Nearby ZIP code market data

Full Traverse City, MI housing market report →
Run any 49684 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.