Zip Code: 49696 (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 49696 Zip Code (Traverse City, Michigan) in January 2026 was $422,043.319. The month over month percentage change (MoM) was 0.31%, and the year over year percentage change (YoY) was 3.52%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 49696 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 49696 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: 49696 (Traverse City, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 49696 (Traverse City, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 181222.34283087062 0.49 8.97
Feb 2015 181982.65462717426 0.42 8.72
Mar 2015 182083.46085080714 0.06 8.21
Apr 2015 182244.55506368875 0.09 7.70
May 2015 182008.90073045585 -0.13 7.03
Jun 2015 182273.707916191 0.14 6.51
Jul 2015 183084.51601499526 0.45 6.08
Aug 2015 184737.69828956263 0.90 6.03
Sep 2015 186758.49811550244 1.09 6.09
Oct 2015 188798.59128533173 1.09 6.41
Nov 2015 190767.12685531762 1.04 6.63
Dec 2015 192515.28816888016 0.92 6.76
Jan 2016 194302.33135658505 0.93 7.22
Feb 2016 195549.47361464403 0.64 7.46
Mar 2016 196094.8678237343 0.28 7.70
Apr 2016 196279.83615442633 0.09 7.70
May 2016 196673.04080116854 0.20 8.06
Jun 2016 197406.98078509187 0.37 8.30
Jul 2016 198475.6966286319 0.54 8.41
Aug 2016 199708.81080890188 0.62 8.10
Sep 2016 201206.7716037679 0.75 7.74
Oct 2016 202349.2299040521 0.57 7.18
Nov 2016 203750.7896181573 0.69 6.81
Dec 2016 205643.77615133172 0.93 6.82
Jan 2017 207961.2933765248 1.13 7.03
Feb 2017 210410.27265122518 1.18 7.60
Mar 2017 212233.46661432486 0.87 8.23
Apr 2017 213975.48615068579 0.82 9.02
May 2017 214909.23889890837 0.44 9.27
Jun 2017 215729.2290435724 0.38 9.28
Jul 2017 216553.82418339615 0.38 9.11
Aug 2017 218125.08645572432 0.73 9.22
Sep 2017 219993.78220033672 0.86 9.34
Oct 2017 221489.4291721957 0.68 9.46
Nov 2017 222689.21118489586 0.54 9.30
Dec 2017 224235.5328596714 0.69 9.04
Jan 2018 226419.78138881587 0.97 8.88
Feb 2018 228697.64907587526 1.01 8.69
Mar 2018 230710.41464626623 0.88 8.71
Apr 2018 232136.55792604072 0.62 8.49
May 2018 233271.7473347692 0.49 8.54
Jun 2018 234108.05234332394 0.36 8.52
Jul 2018 235392.23656494418 0.55 8.70
Aug 2018 236398.2821367735 0.43 8.38
Sep 2018 237413.6306927579 0.43 7.92
Oct 2018 237743.31750160304 0.14 7.34
Nov 2018 238417.54108600842 0.28 7.06
Dec 2018 239011.89593266902 0.25 6.59
Jan 2019 239840.90357070256 0.35 5.93
Feb 2019 241031.04977041218 0.50 5.39
Mar 2019 242407.96482178025 0.57 5.07
Apr 2019 243679.67762515089 0.53 4.97
May 2019 243997.7169420173 0.13 4.60
Jun 2019 244239.67057076958 0.10 4.33
Jul 2019 244426.1032533321 0.08 3.84
Aug 2019 244878.58244956916 0.19 3.59
Sep 2019 245266.51302232678 0.16 3.31
Oct 2019 245831.4161842655 0.23 3.40
Nov 2019 246741.8903799247 0.37 3.49
Dec 2019 247871.43476800123 0.46 3.71
Jan 2020 249702.29429827098 0.74 4.11
Feb 2020 251900.57763148585 0.88 4.51
Mar 2020 254185.22059122473 0.91 4.86
Apr 2020 254986.34199911312 0.32 4.64
May 2020 253419.4180917951 -0.61 3.86
Jun 2020 250737.29654386305 -1.06 2.66
Jul 2020 249497.59506351742 -0.49 2.08
Aug 2020 250793.1953315518 0.52 2.42
Sep 2020 254328.0531228142 1.41 3.70
Oct 2020 258994.9379640005 1.84 5.36
Nov 2020 264990.71716795256 2.32 7.40
Dec 2020 271332.279311582 2.39 9.47
Jan 2021 277757.1022623865 2.37 11.24
Feb 2021 284398.5410332641 2.39 12.90
Mar 2021 291353.92350224877 2.45 14.62
Apr 2021 298725.34360652906 2.53 17.15
May 2021 306323.8240441256 2.54 20.88
Jun 2021 313570.24410719704 2.37 25.06
Jul 2021 318750.55204540567 1.65 27.76
Aug 2021 321896.35957391775 0.99 28.35
Sep 2021 322875.8736507537 0.30 26.95
Oct 2021 323389.3131332055 0.16 24.86
Nov 2021 323833.378643722 0.14 22.21
Dec 2021 324695.8057633464 0.27 19.67
Jan 2022 327337.60466913285 0.81 17.85
Feb 2022 331534.96198434406 1.28 16.57
Mar 2022 337436.37707806577 1.78 15.82
Apr 2022 343881.6819805648 1.91 15.12
May 2022 350157.8791875396 1.83 14.31
Jun 2022 356301.77450697735 1.76 13.63
Jul 2022 360165.39667901787 1.08 12.99
Aug 2022 361575.5104819431 0.39 12.33
Sep 2022 360583.0403835631 -0.27 11.68
Oct 2022 360138.1097758957 -0.12 11.36
Nov 2022 360224.58935673424 0.02 11.24
Dec 2022 360632.20147551195 0.11 11.07
Jan 2023 361153.696977969 0.14 10.33
Feb 2023 361182.85371220484 0.01 8.94
Mar 2023 362699.74654190196 0.42 7.49
Apr 2023 365429.77792887454 0.75 6.27
May 2023 370912.9854367412 1.50 5.93
Jun 2023 376951.01331177214 1.63 5.80
Jul 2023 381839.12209411507 1.30 6.02
Aug 2023 385093.7226202837 0.85 6.50
Sep 2023 386798.4185867412 0.44 7.27
Oct 2023 387378.71906547947 0.15 7.56
Nov 2023 387092.9131894891 -0.07 7.46
Dec 2023 386496.7109846191 -0.15 7.17
Jan 2024 386656.2365316278 0.04 7.06
Feb 2024 388113.8832196744 0.38 7.46
Mar 2024 390699.07676529774 0.67 7.72
Apr 2024 393122.39981799765 0.62 7.58
May 2024 394811.8784187899 0.43 6.44
Jun 2024 395249.37230582075 0.11 4.85
Jul 2024 396181.5616065686 0.24 3.76
Aug 2024 397754.2378540246 0.40 3.29
Sep 2024 400372.5692924244 0.66 3.51
Oct 2024 403052.51839320804 0.67 4.05
Nov 2024 405099.7049537829 0.51 4.65
Dec 2024 406658.3926558729 0.39 5.22
Jan 2025 407712.3548940136 0.26 5.45
Feb 2025 408251.6680853178 0.13 5.19
Mar 2025 408916.03849870345 0.16 4.66
Apr 2025 409895.08616782073 0.24 4.27
May 2025 411684.6459010824 0.44 4.27
Jun 2025 413662.5005751312 0.48 4.66
Jul 2025 415803.99651468993 0.52 4.95
Aug 2025 417297.8408511907 0.36 4.91
Sep 2025 418383.8599174013 0.26 4.50
Oct 2025 418839.10505303316 0.11 3.92
Nov 2025 419502.09957736934 0.16 3.56
Dec 2025 420736.00532258785 0.29 3.46
Jan 2026 422043.3190314415 0.31 3.52