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Sell with EXIT Realty · Traverse City, MI
Sell your home in Traverse City, MI
See how the Traverse City market is moving and connect with an experienced EXIT Realty agent who can price, market, and negotiate your sale — a trusted name in real estate since 1996.
Your seller's market report
What your Traverse City sale looks like right now
A read on the Traverse City, MI market built from live MLS listing data — the numbers an agent would walk you through first.
Across 824 homes for sale in Traverse City, the median asking price is $499,900 and the average sale takes 72 days.
That's the market, not your home — what yours is worth depends on the street, the condition, and the timing. An EXIT agent can run those numbers with you.
Get a real price opinionMedian list price of active MLS listings in Traverse City, MI — not an estimate of your home's value.
Local market data
Inside the Traverse City market
Real numbers to help you price and time your sale with confidence.
Market pace
- Fast
- Moderate
- Unhurried
Homes are taking their time to sell — pricing sharp from day one matters more than ever.
Based on the average days on market for active listings in Traverse City, MI.
- $499,900
- Median list price
- 824
- Homes for sale
- 72
- Avg. days on market
- $323/sq ft
- Median price / sq ft
- 1,568 Sq Ft
- Median home size
What's on the market in Traverse City
- 58%Residential805 active
- 16%Land220 active
- 12%Commercial Lease166 active
- 11%Commercial159 active
- 1%Multi-Family19 active
- <1%Business12 active
- <1%For Lease10 active
Where the asking prices sit
- Under $200K12% · 97
- $200K-$400K26% · 211
- $400K-$600K25% · 206
- $600K-$800K10% · 80
- $800K-$1M7% · 54
- Over $1M21% · 176
Median Price Trend
Apr 2026: $840,000 -52.4%Oct 2026: $400,000
Market figures are computed from active MLS listing data for Traverse City, MI and refresh as listings change. They describe the market, not any individual property.
Your competition
Homes like yours on the market in Traverse City
What buyers comparing your home are looking at right now.
Showing single-family homes in Traverse City.
- Active63 photos
- ActiveOPEN TODAY 1:30–3:00 PM81 photos
- Active48 photos
- ActiveOPEN SAT 11:00 AM–1:00 PM44 photos
- Active64 photos
Recent results
Recently sold in Traverse City
Homes near you that found their buyer.
Sold$330,000
3 bd · 2 ba · 1,656 Sq Ft
627 Belmont Drive, Traverse City, MI
Sold$339,000
3 bd · 2 ba · 1,323 Sq Ft
740 Fern Street, Traverse City, MI
Sold$350,000
2 bd · 2 ba · 947 Sq Ft
545 Riverine Drive, Traverse City, MI
Sold$400,000
2 bd · 2 ba · 1,434 Sq Ft
1006 E State Street, Traverse City, MI
Sold$825,000
5 bd · 2.5 ba · 2,310 Sq Ft
417 W Seventh Street, Traverse City, MI
Sold$1,655,000
3 bd · 3 ba · 3,300 Sq Ft
213 Sixth Street, Traverse City, MI
IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2026 Realcomp II Ltd. Shareholders.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Thinking about listing?
Skip the guesswork — find out what your home would actually command in today's Traverse City market.
EXIT Northern Shores Realty, serving Traverse City
About Traverse City
Nearby schools for Traverse City, MI (approximate).
Nearby Schools
Elementary 13
Traverse City Elementary School
Holy Angels Elementary School
Central Grade School
Glenn Loomis Elementary School
Tcaps Montessori School
Trinity Lutheran Church & School, LCMS
Oak Park Elementary School
Immaculate Conception Elementary School
Bethlehem Nursery School
Traverse Heights Elementary School
Traverse City Area Public Schools
Willow Hill Elementary School
Eastern Elementary School
Secondary 5
St. Francis High School
Traverse City Senior High School
Traverse City Central High School
The Greenspire School
Munson Regional Ems Education.
Other schools 2
Traverse Bay Mennonite School
Northwest Education Services
Simple, guided, proven
How selling in Traverse City works
Step 1: Connect with a local agent
Tell us about your home and we'll match you with an EXIT Realty agent who knows the Traverse City market.
Step 2: Get a personalized valuation
Your agent prepares a comparative market analysis and recommends a pricing strategy built for today's market.
Step 3: Market with impact
Professional photography, online syndication, and targeted promotion reach the right buyers, faster.
Step 4: Sell and close with confidence
Your agent negotiates the strongest offer and guides you all the way through to closing day.
The number that matters
What is your home actually worth?
These figures describe the Traverse City market — not your home. A local EXIT Realty agent will prepare a precise valuation from comparable sales, your home's condition, and what buyers are paying right now. No obligation.
Tell us a little about your home. A local agent from EXIT Northern Shores Realty will reach out with a personalized market analysis — no obligation.
In your corner, locally
Your local EXIT Realty offices
These EXIT Realty offices serve Traverse City. When you're ready, reach out and let an agent take it from here.
EXIT Northern Shores Realty
515 W Fourteenth St.Traverse City, MI 49684 · In Traverse City
Stephen Karas, Broker of Record
Serving Traverse City and surrounding areas
EXIT Northern Shores Realty
710 US Hwy 31Elk Rapids, MI 49629 · 22.3 mi
Stephen Karas, Broker of Record
Serving Elk Rapids and surrounding areas
EXIT Northern Shores Realty
204 S. Cedar StreetKalkaska, MI 49646 · 34.8 mi
Stephen Karas, Broker of Record
Serving Kalkaska and surrounding areas
The EXIT advantage
Why sell with EXIT Realty?
Agents invested in your success
EXIT Realty's residual income model keeps our agents focused on results — your sale, not just the next deal.
Local expertise, global network
A local expert markets your home, backed by thousands of EXIT associates across North America.
Comprehensive marketing
Professional photography, online syndication, and targeted promotion put your home in front of ready buyers.