On average, homes in Traverse City, MI sell after 65 days on the market. The market reports below cover the number of sales, listings, and the month’s supply for many counties in Michigan. Traverse City is a city in Michigan and consists of 9 neighborhoods. The Ann Arbor, MI housing market is somewhat competitive, scoring 50 out of 100. To view a real estate market update by city in a short video, click on the image below. Muskegon. Homes in Traverse City, MI sold for approximately the asking price on average in November 2020. Graph Courtesy – Zillow.com Detroit Real Estate Market Trends. All rights reserved. The Detroit, MI housing market is somewhat competitive, scoring 48 out of 100. There are 27 schools in Traverse City, MI. There are 926 homes for sale, ranging from $19.5K to $9.5M. The average price per square foot for this same period rose to $45, up from $42. The median sale price was $296.3K. Real Estate Trend #1: Home Prices Are Still Rising Slowly Okay, let’s start with home price trends. There are 9 neighborhoods in Traverse City. Real estate sales are happening at a frenzied pace across Michigan. Traverse Heights is the most affordable neighborhood, with a median listing price of $221K. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Trulia User. Visit our website to read about the current market conditions, view real estate market videos that are updated monthly, and view quarterly market reports for Michigan counties showing the listing inventory and days on market by city. Traverse City, MI is a seller's market in November 2020, which means that there are more people looking to buy than there are homes available. If you would like to speak to someone regarding listing your home or buying a new home, please call us at 248.304.6700 or complete this form for a return call or email. Visitor; 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. Find timely and comprehensive information about newest listings in your market. That's not true in every community. The average Detroit house price was $64.25K last month, up 40.0% since last year. Community. Consider buying or renting a home in one of these popular neighborhoods. Some of the best neighborhoods in or around Traverse City, Michigan are Central Traverse City, Kids Creek and Oak Park. 1 in every 7140 Saginaw. ©2020 Real Estate One. Single-family detached homes are the single most common housing type in Midland, accounting for 75.18% of the city's housing units. We recommend that you view our Local Boards & Associations Directory below and contact the office closest to your area of interest: August 2020 ; Interested in obtaining more statistics and speaking with a contact by specific city or region? Zillow has 47,247 homes for sale in Michigan. Lansing Housing Market Information. See more real estate market trends for Wayne County. See more real estate market trends for Chesterfield Township. "With interest rates being so … The trend for median days on market in Traverse City, MI has gone up since last month, and slightly down since last year. Our free service analyze millions of home sales to find the perfect agent for you. Real estate information on statistics by estimated market values, bedrooms, bathrooms and year built. Moving away from the global and national impact that market trends have on the Michigan real estate market, let’s examine the economy between Copper Harbor and Coldwater. Learn about the Fenton, MI housing market through trends and averages. Novi, Michigan real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Novi homes for sale market.