Downtown, Traverse City Real Estate & Homes For Sale

37 homes

Real Estate & Homes For Sale Near Downtown, Traverse City, MI

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Downtown, Traverse City, MI Real Estate Trends

Learn about the Downtown, Traverse City, MI housing market through trends and averages.

Affordability of Living in Downtown, Traverse City, MI

The median home value is $471,198
MonthMedian home value
November 2025$469k
December 2025$476k
January 2026$482k
February 2026$485k
March 2026$486k
April 2026$479k
May 2026$472k
June 2026$466k
July 2026$465k
August 2026$465k
September 2026$467k
October 2026$471k
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Trends and affordability stats are provided by third party data sources.

Average Home Value in Downtown, Traverse City, MI, by Home Size

Home SizeHome Value*
1 bedroom (See homes)$333,451
2 bedrooms (See homes)$540,909
3 bedrooms (See homes)N/A
*Home value over the past month

Explore the Neighborhood

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Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

  • Brenden F.
    Downtown, Traverse City
    "It's small, but its poppin, houses in the area are nice and the street is HELLA cute, downtown is nice to go to chill out for an evening. It's like the trendy part of Michigan!"
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  • ben d.
    Downtown, Traverse City
    "we live here and love our location on the river with kayaks, etc, floating by. a 10 minute walk places you downtown with State theatre and "foodie", non franchise restaurants & shopping. 5 minutes more is on Lake Michigan swimming beach & boat rentals."
    3
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  • ben d.
    Downtown, Traverse City
    "Live here 7 months and totally enjoy the walking proximity to downtown activities and restaurants, as well as Clinch Park & marina. Having an enclosed porch on the river has its own pleasure, given the armada of kayaks & flatboards passing by: also most meals & happy hours are spent here. "
    3
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Learn more about Downtown

See information on schools, amenities and more.See Downtown Insights

Browse Downtown, Traverse City, MI homes by type

Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.