48Alpha

Grand Traverse County, MI Housing Market Brief

county · MI · score computed October 2026

Balanced

What is Grand Traverse County, MI’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●58
Inventory Health25%
●82

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●16
Economic Strength20%
●47
Rental Yield15%
●23

Where is Grand Traverse County, MI in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Grand Traverse County, MI is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Grand Traverse County, MI?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Grand Traverse County, MI housing market data

MetricValueYoYSource
Median Sale Price$464K▲ +10.9%Redfin
Median Days on Market57 days▼ -13.6%Redfin
Months of Supply4.8▲ +29.7%Redfin
Homes for Sale744▲ +13.8%Redfin
Homes Sold155▼ -12.9%Redfin
Median Price / Sq Ft$260▼ -1.4%Redfin

How has Grand Traverse County, MI’s Alpha Score moved?

Now: 48
2-period trend
Median sale price · 12 mo

Markets like Grand Traverse County, MI

Frequently asked questions

Is Grand Traverse County, MI a buyer's or seller's market?

In the scores computed October 2026, Grand Traverse County, MI is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Grand Traverse County, MI?

The median sale price in Grand Traverse County, MI is $464K, having risen 10.9% over the past year, according to Redfin.

How affordable is Grand Traverse County, MI?

Grand Traverse County, MI scores 16 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Grand Traverse County, MI's Alpha Score?

Grand Traverse County, MI's strongest dimension is Inventory Health (82/100) and its weakest is Affordability (16/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Grand Traverse County, MI? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.