Zip Code: 49685 (Traverse City, Michigan) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)
Updated on February 21, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 49685 Zip Code (Traverse City, Michigan) in January 2026 was $413,689.905. The month over month percentage change (MoM) was 0.26%, and the year over year percentage change (YoY) was 2.85%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 49685 zip code (Traverse City, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 49685 zip code (Traverse City, Michigan).

You can see similar information for other Michigan zip codes, and for Michigan.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 49685 (Traverse City, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 49685 (Traverse City, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 180953.55492340366 0.77 8.34
Feb 2015 182145.67345447655 0.66 8.27
Mar 2015 182786.22504902302 0.35 8.34
Apr 2015 183300.64518799106 0.28 8.31
May 2015 183429.64058754963 0.07 8.06
Jun 2015 183511.23569369953 0.04 7.54
Jul 2015 183516.7907433205 0.00 6.88
Aug 2015 183997.9815198998 0.26 6.38
Sep 2015 185116.92436143305 0.61 6.03
Oct 2015 186465.04608703897 0.73 5.85
Nov 2015 188128.16862667177 0.89 5.72
Dec 2015 189914.81380280052 0.95 5.76
Jan 2016 192144.9244583882 1.17 6.19
Feb 2016 193953.32793162134 0.94 6.48
Mar 2016 195004.99643377957 0.54 6.69
Apr 2016 195720.013483178 0.37 6.78
May 2016 196605.7444139951 0.45 7.18
Jun 2016 197470.99579078463 0.44 7.61
Jul 2016 197994.99810876488 0.27 7.89
Aug 2016 198485.4158640773 0.25 7.87
Sep 2016 199591.46901385798 0.56 7.82
Oct 2016 200880.2090903514 0.65 7.73
Nov 2016 202384.98210653078 0.75 7.58
Dec 2016 204089.10566736353 0.84 7.46
Jan 2017 206105.03918416947 0.99 7.27
Feb 2017 208286.03341678894 1.06 7.39
Mar 2017 210149.1696985131 0.90 7.77
Apr 2017 211968.76764709444 0.87 8.30
May 2017 213340.9796303712 0.65 8.51
Jun 2017 214494.85522260194 0.54 8.62
Jul 2017 215213.48796032486 0.34 8.70
Aug 2017 216152.47192486285 0.44 8.90
Sep 2017 217242.33252217187 0.50 8.84
Oct 2017 218333.2957327582 0.50 8.69
Nov 2017 219175.82643294506 0.39 8.30
Dec 2017 220299.5726257056 0.51 7.94
Jan 2018 222153.468203511 0.84 7.79
Feb 2018 224155.3097365646 0.90 7.62
Mar 2018 225921.38251763026 0.79 7.51
Apr 2018 227100.508637449 0.52 7.14
May 2018 227989.6242328975 0.39 6.87
Jun 2018 228524.07177547828 0.23 6.54
Jul 2018 229370.7938891122 0.37 6.58
Aug 2018 230054.36080094904 0.30 6.43
Sep 2018 231020.32129738564 0.42 6.34
Oct 2018 231637.42488314514 0.27 6.09
Nov 2018 232571.01560058715 0.40 6.11
Dec 2018 233359.48427615475 0.34 5.93
Jan 2019 234270.57460016917 0.39 5.45
Feb 2019 235457.85928481436 0.51 5.04
Mar 2019 236941.35428874355 0.63 4.88
Apr 2019 238211.07348096138 0.54 4.89
May 2019 238653.8212467587 0.19 4.68
Jun 2019 238972.8750142155 0.13 4.57
Jul 2019 239151.01828547692 0.08 4.26
Aug 2019 239836.69738285162 0.29 4.25
Sep 2019 240386.1995422051 0.23 4.05
Oct 2019 241247.01286062176 0.36 4.15
Nov 2019 242428.5541880109 0.49 4.24
Dec 2019 243920.48162086974 0.62 4.53
Jan 2020 246077.197248103 0.88 5.04
Feb 2020 248173.07881960282 0.85 5.40
Mar 2020 249969.80834532427 0.72 5.50
Apr 2020 250238.47107934256 0.11 5.05
May 2020 248590.12930174044 -0.66 4.16
Jun 2020 246273.05067797177 -0.93 3.06
Jul 2020 245374.79326808813 -0.36 2.60
Aug 2020 247005.14230370367 0.66 2.99
Sep 2020 250920.809783244 1.59 4.38
Oct 2020 255822.8811430753 1.95 6.04
Nov 2020 261843.4970845404 2.35 8.01
Dec 2020 267888.5747814037 2.31 9.83
Jan 2021 274044.90490539355 2.30 11.37
Feb 2021 280145.46547935694 2.23 12.88
Mar 2021 286264.44786396023 2.18 14.52
Apr 2021 292501.4725411369 2.18 16.89
May 2021 299235.1571760687 2.30 20.37
Jun 2021 306373.2930665787 2.38 24.40
Jul 2021 311557.6774894196 1.69 26.97
Aug 2021 314590.2953848953 0.97 27.36
Sep 2021 315087.0743583937 0.16 25.57
Oct 2021 315649.803074166 0.18 23.39
Nov 2021 316585.8286357377 0.30 20.91
Dec 2021 317850.94336871296 0.40 18.65
Jan 2022 320797.5614768841 0.93 17.06
Feb 2022 325294.00579489284 1.40 16.12
Mar 2022 332112.60285724775 2.10 16.02
Apr 2022 339358.9517312788 2.18 16.02
May 2022 346035.79957851255 1.97 15.64
Jun 2022 352059.28277581156 1.74 14.91
Jul 2022 355269.45282938395 0.91 14.03
Aug 2022 355552.6897219615 0.08 13.02
Sep 2022 353579.5587712531 -0.56 12.22
Oct 2022 352480.7020084816 -0.31 11.67
Nov 2022 352362.66132910893 -0.03 11.30
Dec 2022 352590.6487990651 0.07 10.93
Jan 2023 352771.4209484234 0.05 9.97
Feb 2023 352815.3697515481 0.01 8.46
Mar 2023 354028.03737864114 0.34 6.60
Apr 2023 356838.45155443624 0.79 5.15
May 2023 362344.0769745342 1.54 4.71
Jun 2023 368101.3767876202 1.59 4.56
Jul 2023 373040.3866856938 1.34 5.00
Aug 2023 376308.31712999684 0.88 5.84
Sep 2023 378781.0952914514 0.66 7.13
Oct 2023 380025.0464831998 0.33 7.81
Nov 2023 380094.47753292514 0.02 7.87
Dec 2023 379222.17809842684 -0.23 7.55
Jan 2024 378707.8713619805 -0.14 7.35
Feb 2024 379742.1671466939 0.27 7.63
Mar 2024 382612.5456360033 0.76 8.07
Apr 2024 385901.67814756883 0.86 8.15
May 2024 388691.88520227163 0.72 7.27
Jun 2024 389984.25591992465 0.33 5.95
Jul 2024 391322.0993573502 0.34 4.90
Aug 2024 392614.41071799415 0.33 4.33
Sep 2024 394692.7266355339 0.53 4.20
Oct 2024 396927.8992709112 0.57 4.45
Nov 2024 399093.56573154934 0.55 5.00
Dec 2024 400983.36906287353 0.47 5.74
Jan 2025 402211.05852796277 0.31 6.21
Feb 2025 402638.2533081031 0.11 6.03
Mar 2025 402839.5068013954 0.05 5.29
Apr 2025 403416.5439199498 0.14 4.54
May 2025 404461.73561933823 0.26 4.06
Jun 2025 405787.44776441326 0.33 4.05
Jul 2025 407435.60629092343 0.41 4.12
Aug 2025 408680.3485479364 0.31 4.09
Sep 2025 409703.1713817001 0.25 3.80
Oct 2025 410249.4612225068 0.13 3.36
Nov 2025 411228.76847431745 0.24 3.04
Dec 2025 412611.119392775 0.34 2.90
Jan 2026 413689.90538620873 0.26 2.85