Traverse City, MI (Metro) - Trend of Mean or Average Sale Price (Nowcast) for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Mean or Average Sale Price (Nowcast) for All Homes in the Traverse City, MI Metro in February 2026 was $507,505. The month over month percentage change (MoM) was -1.71%, and the year over year percentage change (YoY) was 17.71%.

The chart below shows the trend of the mean sale price (nowcast) for the Traverse City, MI metro. The table below shows the trend of the mean sale price (nowcast), and the MoM and YoY percentage changes for the Traverse City, MI metro.

You can see similar information for other US metros, and for the United States.

Note: Mean Sale Price (Nowcast) is the mean price at which homes across varios geographies were sold. The latest month's number is the estimation after accounting for the latency between when sales occurred and when they were reported.

Data Source: Zillow.
Traverse City, MI (Metro) - Trend of Mean or Average Sale Price (Nowcast) for All Homes ($)
Traverse City, MI (Metro) - Trend of Mean or Average Sale Price (Nowcast) for All Homes
1 – 10 of 134
Month Mean Sale Price ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 243933 -1.12 44.88
Feb 2015 196288 -19.53 -11.65
Mar 2015 188579 -3.93 -4.10
Apr 2015 229494 21.70 12.63
May 2015 217604 -5.18 4.89
Jun 2015 216318 -0.59 1.80
Jul 2015 239307 10.63 15.14
Aug 2015 253055 5.75 18.90
Sep 2015 240613 -4.92 2.19
Oct 2015 210105 -12.68 -15.22
Nov 2015 251849 19.87 21.57
Dec 2015 229507 -8.87 -6.97
Jan 2016 221372 -3.54 -9.25
Feb 2016 220182 -0.54 12.17
Mar 2016 210441 -4.42 11.59
Apr 2016 216662 2.96 -5.59
May 2016 240658 11.08 10.59
Jun 2016 220798 -8.25 2.07
Jul 2016 264031 19.58 10.33
Aug 2016 261171 -1.08 3.21
Sep 2016 253184 -3.06 5.23
Oct 2016 232004 -8.36 10.42
Nov 2016 251966 8.60 0.05
Dec 2016 246236 -2.27 7.29
Jan 2017 228190 -7.33 3.08
Feb 2017 251512 10.22 14.23
Mar 2017 237834 -5.44 13.02
Apr 2017 241858 1.69 11.63
May 2017 237464 -1.82 -1.33
Jun 2017 273391 15.13 23.82
Jul 2017 284082 3.91 7.59
Aug 2017 281165 -1.03 7.66
Sep 2017 305262 8.57 20.57
Oct 2017 257659 -15.59 11.06
Nov 2017 278868 8.23 10.68
Dec 2017 259455 -6.96 5.37
Jan 2018 232106 -10.54 1.72
Feb 2018 248890 7.23 -1.04
Mar 2018 261005 4.87 9.74
Apr 2018 267965 2.67 10.79
May 2018 269300 0.50 13.41
Jun 2018 289880 7.64 6.03
Jul 2018 278797 -3.82 -1.86
Aug 2018 286489 2.76 1.89
Sep 2018 286210 -0.10 -6.24
Oct 2018 253343 -11.48 -1.67
Nov 2018 270808 6.89 -2.89
Dec 2018 301419 11.30 16.17
Jan 2019 333880 10.77 43.85
Feb 2019 256885 -23.06 3.21
Mar 2019 238641 -7.10 -8.57
Apr 2019 285564 19.66 6.57
May 2019 296004 3.66 9.92
Jun 2019 267527 -9.62 -7.71
Jul 2019 303548 13.46 8.88
Aug 2019 329206 8.45 14.91
Sep 2019 304014 -7.65 6.22
Oct 2019 300296 -1.22 18.53
Nov 2019 304281 1.33 12.36
Dec 2019 308237 1.30 2.26
Jan 2020 255845 -17.00 -23.37
Feb 2020 282649 10.48 10.03
Mar 2020 275037 -2.69 15.25
Apr 2020 310990 13.07 8.90
May 2020 274155 -11.84 -7.38
Jun 2020 312497 13.99 16.81
Jul 2020 374456 19.83 23.36
Aug 2020 365846 -2.30 11.13
Sep 2020 338550 -7.46 11.36
Oct 2020 352299 4.06 17.32
Nov 2020 361199 2.53 18.71
Dec 2020 368994 2.16 19.71
Jan 2021 328088 -11.09 28.24
Feb 2021 333107 1.53 17.85
Mar 2021 372613 11.86 35.48
Apr 2021 390814 4.89 25.67
May 2021 383358 -1.91 39.83
Jun 2021 409369 6.79 31.00
Jul 2021 424019 3.58 13.24
Aug 2021 418891 -1.21 14.50
Sep 2021 432121 3.16 27.64
Oct 2021 397396 -8.04 12.80
Nov 2021 427686 7.62 18.41
Dec 2021 398891 -6.73 8.10
Jan 2022 414084 3.81 26.21
Feb 2022 415536 0.35 24.75
Mar 2022 432177 4.01 15.99
Apr 2022 420711 -2.65 7.65
May 2022 409827 -2.59 6.91
Jun 2022 504077 23.00 23.14
Jul 2022 453232 -10.09 6.89
Aug 2022 486939 7.44 16.25
Sep 2022 500789 2.84 15.89
Oct 2022 400297 -20.07 0.73
Nov 2022 405147 1.21 -5.27
Dec 2022 381141 -5.92 -4.45
Jan 2023 387026 1.54 -6.53
Feb 2023 408897 5.65 -1.60
Mar 2023 410820 0.47 -4.94
Apr 2023 495491 20.61 17.77
May 2023 445707 -10.05 8.76
Jun 2023 492246 10.44 -2.35
Jul 2023 561190 14.01 23.82
Aug 2023 535023 -4.66 9.88
Sep 2023 520695 -2.68 3.98
Oct 2023 527716 1.35 31.83
Nov 2023 518274 -1.79 27.92
Dec 2023 460774 -11.09 20.89
Jan 2024 567158 23.09 46.54
Feb 2024 480287 -15.32 17.46
Mar 2024 473092 -1.50 15.16
Apr 2024 530915 12.22 7.15
May 2024 547035 3.04 22.73
Jun 2024 535021 -2.20 8.69
Jul 2024 640759 19.76 14.18
Aug 2024 609206 -4.92 13.87
Sep 2024 543623 -10.76 4.40
Oct 2024 564080 3.76 6.89
Nov 2024 539157 -4.42 4.03
Dec 2024 451337 -16.29 -2.05
Jan 2025 557101 23.43 -1.77
Feb 2025 431143 -22.61 -10.23
Mar 2025 452871 5.04 -4.27
Apr 2025 547879 20.98 3.20
May 2025 580750 6.00 6.16
Jun 2025 558136 -3.89 4.32
Jul 2025 606428 8.65 -5.36
Aug 2025 549476 -9.39 -9.80
Sep 2025 596856 8.62 9.79
Oct 2025 621378 4.11 10.16
Nov 2025 528533 -14.94 -1.97
Dec 2025 505230 -4.41 11.94
Jan 2026 516317 2.19 -7.32
Feb 2026 507505 -1.71 17.71