Updated May 2026 · Redfin · 3-month window
49686 Real Estate Market Update: Traverse City, MI, May 2026
The latest housing-market numbers for ZIP code 49686 in Traverse City, Michigan, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $375K | ▲ +2.5% | ▼ -8.3% |
| Days on market | 65 | ▼ -12.2% | ▲ +42.9% |
| Homes for sale | 177 | ▲ +12.7% | ▼ -1.1% |
| Sale-to-list | 98.4% | ▲ +0.6% | ▼ -0.6% |
| Homes sold | 109 | ▲ +13.5% | ▼ -16.2% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 49686 numbers say
The 49686 ZIP in Traverse City is cooling. The median sale price sits at $375,000, 8.3% below last year. The market has loosened: a typical listing now takes around 65 days to go under contract, with sellers getting 98.4% of list price.
Based on 109 recent sales, 49686 is currently an active market.
What this means if you sell in 49686
Use these figures to set expectations early. Lead a listing appointment with the median price and the 65-day pace, show the year-over-year direction, and frame 49686 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Traverse City post →Frequently asked: the 49686 housing market
- What is the median home price in ZIP 49686 (Traverse City, MI)?
- As of May 2026, the median sale price in ZIP 49686 is $375,000 (-8.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 49686 a buyer's or seller's market right now?
- ZIP 49686 is currently an active market, based on a 98.4% sale-to-list ratio, about 65 days on market for May 2026.
- How long do homes take to sell in ZIP 49686?
- A typical listing in 49686 goes under contract in about 65 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 49686 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.