The story of this market
The typical home in ZIP 49684 sells for about $498,000, or $297 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,306 a month.
ZIP 49684 — Traverse City
The 49684 housing market is showing moderate competitiveness with a median home price of approximately $498,000. Prices have seen a year-over-year increase of 5.9%, reflecting a stable demand environment in the Traverse City area.
Median prices moved up 5.9% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 10.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49684
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.