46Alpha

Grand Traverse County, MI Housing Market Brief

county · MI · as of May 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%
-8.959
Inventory Health25%
-2.048
Affordability20%
20
Economic Strength20%
-3.057
Rental Yield15%
48

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

EmergingGrowingMaturePeakingDecliningRecovering

Grand Traverse County, MI is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Grand Traverse County, MI housing market data

MetricValueYoY
Median Sale Price$416K-6.5%
Median Days on Market42 days-12.5%
Months of Supply4.2▲ +13.5%
Homes for Sale595-13.6%
Homes Sold141-24.2%
Median Price / Sq Ft$276-8.1%
Sale-to-List Ratio99.2%▲ +0.8%

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

Now: 46
3-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?

As of May 2026, Grand Traverse County, MI is classified as a Balanced Market, based on its Alpha Score of 46 out of 100. The classification reflects current price, inventory, 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 $416K, having fallen 6.5% over the past year.

How affordable is Grand Traverse County, MI?

Grand Traverse County, MI scores 20 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 Price Momentum (59/100) and its weakest is Affordability (20/100). 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.