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market report · 49684
Traverse City, MI · 49684
72 active listings$549,500 median ask$2,565 est. rent0.5% price/rent
$549,500
Median list price
$2,565/mo
Estimated rent
0.5%
Price / rent ratio
72
Listings
FHFA home price index · 2016–2025
108.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.29
Median rent / sqft
61 comps
$316.29
Median sold / sqft
61 comps
—
Walkability
3.9%
Area unemployment
BLS LAUS
Median household income $80,788 · median home value $420,200 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 70).
6 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
13638 S Thorn Creek Dr, Traverse City, MI 49684
Traverse City, MI
$245,000$1,975/mo0.8%
3039 Marmac Ave, Traverse City, MI 49684
Traverse City, MI
$339,000$2,227/mo0.7%
3235 Princeton Ct, Traverse City, MI 49684
Traverse City, MI
$439,900$2,838/mo0.6%
10530 S Walnut Dr, Traverse City, MI 49684
Traverse City, MI
$398,000$2,512/mo0.6%
9307 Evergreen Dr, Traverse City, MI 49684
Traverse City, MI
$480,000$3,000/mo0.6%
139 E Eighth St, Traverse City, MI 49684
Traverse City, MI
$315,000$1,754/mo0.6%