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

54,786

Labor Force

2.7% MoM

0.6% YoY

8/2024

52,856

Employed

2.5% MoM

0.2% YoY

8/2024

3.5%

Unemployment Rate

7.9% MoM

9.4% YoY

8/2024

$468,000

Median Sale Price

5.5% MoM

16.3% YoY

8/2024

115

Homes Sold

5.5% MoM

12.9% YoY

8/2024

3.7

Months Inventory

6.5% MoM

65% YoY

8/2024

46

Days on Market

5 MoM

6 YoY

8/2024

424

Listings

11.6% MoM

41.8% YoY

8/2024

99.6%

Sale Price to List Price

0.3% MoM

0.8% YoY

8/2024

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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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