What the Pros Know

96,421

Population

0.1% YoY

2023

41.4

Median Age

3.5% YoY

2022

$75,553

Median Household Income

8.9% YoY

2022

55,099

Labor Force

1.4% MoM

2.2% YoY

7/2025

52,532

Employed

1.4% MoM

3.1% YoY

7/2025

4.7%

Unemployment Rate

0% MoM

23.7% YoY

7/2025

$420,000

Median Sale Price

4.5% MoM

10.3% YoY

8/2025

149

Homes Sold

8.0% MoM

20.2% YoY

8/2025

3.1

Months Inventory

5% MoM

15.4% YoY

8/2025

53

Days on Market

5 MoM

8 YoY

8/2025

465

Listings

2.3% MoM

1.1% YoY

8/2025

272

Price per Sq Ft

2.7% MoM

5.9% YoY

8/2025

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Cities included in Grand Traverse County: Traverse City, Kingsley, Grawn, Chums Corner, Interlochen, Fife Lake


Zip Codes included in Grand Traverse County: [Click for zip code level data] 49620, 49637, 49649, 49685, 49686, 49690, 49696


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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