Northern Michigan’s fall colors aren’t the only thing turning vibrant this season — the Traverse City housing market is showing steady strength heading into the final quarter of 2025.
According to Aspire North REALTORS® and the Northern Great Lakes MLS, the five-county region — including Grand Traverse, Leelanau, Benzie, Antrim, and Kalkaska — saw stable activity through Q3. Grand Traverse County led the market with an average sale price just over $520,000, up slightly from last year. Homes spent an average of 76 days on market, and while overall inventory has improved, buyer demand remains strong — especially for well-priced homes under $400,000.
Compared with 2024, sales volume is up about 2%, signaling a gentle recovery after two slower years. Waterfront and walk-able properties continue to command top value, while rural homes and first-time buyer segments remain highly competitive.
As we move into winter, expect a calmer pace — but with interest rates easing slightly, motivated buyers are returning.
Whether you’re planning to list or looking to buy your Northern Michigan dream home, I’ll guide you through every step with clarity and confidence.
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