The story of this market
The typical home in ZIP 49686 sells for about $406,395, or $297 per square foot.
Prices are roughly flat from a year ago (+0.8%), a market in balance. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,227 a month.
ZIP 49686 — Traverse City
The housing market in 49686 shows stable growth with home values increasing by 0.8% year-over-year. Market activity is supported by a moderate inventory of 217 active listings, with pricing trends reflecting broader regional stability in Grand Traverse County.
Median prices moved up 0.8% 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 3.6% · poverty 12.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49686, Grand Traverse County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from Census Reporter and Zillow ZCTA-level reports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.