What the Pros Know
Market Snapshot
Zip Code 49620 | Grand Traverse County, MI
2,813
Population
YoY
202236.8
Median Age
YoY
2022$68,393
Median Household Income
YoY
2022$347,000
Median Sale Price
19.7% MoM
30.9% YoY
7/20244
Homes Sold
42.9% MoM
42.9% YoY
7/20243.5
Months Inventory
53.1% MoM
122.7% YoY
7/202498
Days on Market
5900 MoM
6400 YoY
7/202414
Listings
12.5% MoM
27.3% YoY
7/202499.5%
Sale Price to List Price
1.2% MoM
4.1% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. 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.