Grand Traverse County, MI Home Values & Market Trends
The median home price in Grand Traverse County, MI is $420,159.28. There were 0 home sales in Grand Traverse County, MI over the past 12 months. The median residential Grand Traverse County, MI home value for transactions over the previous year is $0. The number of current listings in Grand Traverse County, MI is 300, and the percentage of properties for sale is 300.00%. The county has 11 foreclosures, 0 bank owned properties, 11 headed for auction, and 300 properties for sale.
Grand Traverse County, MI Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Traverse City | $ 455,000 $ 283/sqft | Kingsley | $ 379,032 $ 241/sqft |
| Williamsburg | $ 742,400 $ 301/sqft | Grawn | $ 319,750 $ 165/sqft |
| Interlochen | $ 337,999 $ 265/sqft |
Housing Market Summary for Grand Traverse County, MI
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $399.7K | $0 | -100.00% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 284 | 245 | -13.73% |
| Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Grand Traverse County, MI
Browse Homes in Grand Traverse County, MI
Grand Traverse County, MI home values range from $27,521 to $16,548,541. Williamsburg is the priciest city with a median listing home price of $775,000, and Interlochen is most affordable with average house prices of around $295,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Grand Traverse County, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Grand Traverse County, MI; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Grand Traverse County, MI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Grand Traverse County, MI. There are 5 cities within Grand Traverse County, MI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsTraverse City has 7 auction properties, the highest number of properties going to auction in a single city in the state of Grand Traverse County, MI. Auction homes and other auction properties account for 0.03% of all properties in Grand Traverse County, MI. There are 5 cities within Grand Traverse County, MI; of those cities, the median estimated home value for homes going to auction ranges from $480,327 in Williamsburg to the lowest value of $243,162 in Williamsburg.
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Guide for Grand Traverse County, MI
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.
Why Buying a Foreclosure is a Smart Move
When house prices increase near good school, what options do home buyer have?