$688,633Average Value$146Average Price per Sq Ft1Home For Sale
Modern condos in historic buildings
In a neighborhood where commerce and condos co-exist, residents of Downtown Traverse City often find themselves leaving their cars behind in a walkable and bikeable neighborhood with restaurants, entertainment, shops, parks and even a beach. “Everything we need is a few steps away,’’ said Barb Cooper, a Classic Real Estate agent and broker who moved downtown when her husband could no longer drive.
Downtown Traverse City is located on the shore of Grand Traverse Bay.
Large condo buildings can be found throughout Downtown Traverse City.
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Condos and townhouses
Living space above ground-floor businesses is common downtown. Higher-end condominiums can offer lakefront and city skyline views at the upper end of the price range. “Condos are more common than apartments here, and many are in refurbished historic buildings with an industrial feel,” says Shawn Schmidt Smith, a Realtor with Coldwell Banker Schmidt Realtors in Traverse City. Condos sell between $800,000 and $1.2 million, although outliers, including a rooftop penthouse in a historic building, can be priced up to $2.5 million. Typical modern townhouses offer two bedrooms and two bathrooms, priced between $850,000 and $950,000.
Downtown Traverse City has mostly condos for city living.
Beautiful, spacious condos are situated near the Boardman River in Downtown Traverse City.
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Walk to restaurants and shops
One of the neighborhood’s biggest draws is its dining scene. Traverse City showcases some of Michigan’s best restaurants, including Poppycocks, a New American restaurant known for its live jazz and martini menu. For a casual meal, there’s Millie & Pepper, a cozy spot serving crepes and tea. After dinner, Le Macaron is a popular stop for French pastries. Front Street's Peace, Love and Little Donuts specializes in a Traverse City delicacy, the cherry pie doughnut.
“The main two blocks have expanded and grown so much in recent years,” says Cooper. “Some of the restaurants have been running for over three decades, and new spots pop up every year. There’s a lot of support for our local businesses—downtown takes care of its people.”
When dining in makes more sense, Front Street’s Burritt’s Fresh Market or neighboring Boardman’s Family Fare Supermarket are convenient choices for groceries. Every Saturday morning from May to October, the Sara Hardy Downtown Farmers Market is held at the parking lot by Clinch Park, offering fresh produce, art and wine. There’s no shortage of places to shop downtown, where antique stores and boutiques line the streets that criss-cross the Boardman River. Locals stop into Nifty Things for jewelry, art and home goods or check out Fustini’s Oils & Vinegars for gourmet ingredients.
Millie & Pepper in Downtown Traverse City serves sweet and savory crepes.
In Downtown Traverse, buy some apparel from the Michigan Dogman at Enjoy Michigan.
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Beaches, parks and theaters
Clinch Park Beach is filled with colorful towels and umbrellas in spring and summer along the shore of Traverse City Bay, which connects to Lake Michigan. During the summer swimming season, water temperatures typically stay above 68 degrees while high air temperatures average about 80. There’s space for swimming, kayaking and paddle boarding, and boaters can set off from the docks at the Duncan L. Clinch Marina next to the beach. Public lifeguards are on duty from June through August. Directly west of the beach, Clinch Park’s walking paths connect to the multi-use Traverse Area Recreation Trail (TART) and the William G. Milliken Waterscape, an outdoor splash pad perfect for cooling off on hot days. Hannah Park, along the shoreline of the Boardman River near several townhouse complexes, features wooden platforms along the river, making it a popular fishing destination. Open Space Park is aptly named as the largest waterfront space in the city and is adjacent to beach volleyball courts and includes a jetty that extends into the bay.
Indoors, Bijou by the Bay, a nonprofit theater whose walls are covered in large-scale murals painted by award-winning local artists, is nearby. There's also Crooked Tree Arts Center, which hosts art classes, events and free exhibits and the City Opera House, a 700-seat Victorian theater hosting plays, concerts and films, and the State Theatre, a historic building that presents an annual film festival and weekly screenings.
“We’ve got outdoor activities for every season,” says Cooper. “When it’s warm, people enjoy the volleyball courts and beaches. In the winter, people go snowmobiling and cross-country skiing. There’s always something to do.”
Enjoy sun and fun at the beach in Clinch Park, located in Traverse City, Michigan.
State Theatre, which hosts the Traverse City Film Festival, is found in Downtown Traverse City.
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Traverse City Area Public Schools
Students are zoned in the Traverse City Area Public School District—listed as the best-rated school district in Grand Traverse County, according to Niche. Students may attend Central Grade School, graded A minus by Niche; East Middle School, graded B plus; and Central High School, graded A minus. Located next to the Northwestern Michigan College campus, Central High School offers an Early College Program for students to earn college credits.
Central Grade School is a public school located in Traverse City, Michigan.
Central High School is a public school located in Traverse City, Michigan.
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The National Cherry Festival
Known as the “Cherry Capital of the World,” Traverse City hosts the annual National Cherry Festival in June and July. Most events are held at Open Space Park, though satellite stages are set up around the city. About half-a-million attend over the eight days for picnics, markets, orchard tours, pie-eating contests and even “Cherry-Pit-Spit” competitions. National rock bands play the Pepsi Bayside Music State. Goo Goo Dolls, T.I. and Stone Temple Pilots were scheduled in 2024.
Mild summers and snowy winters
The moderating effects of nearby lakes mean that Traverse City’s summers are mild, peaking in July with average highs around 80. January is the coldest month, with highs averaging about 28 and lows around 15. Snowfall averages 125-145 inches a year. Traverse City’s downtown area can be louder than surrounding neighborhoods due to traffic from East Grandview Parkway and the proximity of foot traffic on Front and State streets.
Clinch Park has a marina for boating enthusiasts.
Downtown Traverse City features many fabulous shops and restaurants.
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Traverse City's variety of transportation options
With major employers like Munson Medical Center, Northwestern Michigan College, and Tyson Foods located in the city, many downtown residents are close enough to consider walking or cycling -- distances are under 2.5 miles from most parts of Downtown, though auto travel is often needed beyond the Downtown area, though the Bay Area Transit System network of buses operate on several fixed routes and on-demand services. Downtown is about 50 miles from Interstate 75, one of the region's longest highways. Cherry Capital Airport (TVC) is close by—just under 5 miles east of downtown and around a 10-minute drive.
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The Brownstones at 100 Park: Downtown Traverse City’s first and only residential development with private boat slips. This landmark offering features three custom waterfront homes with panoramic water views, direct Boardman River frontage, and easy boating access to West Grand Traverse Bay on Lake Michigan. Each residence includes a private boat slip for a 22-foot boat and up to two parking
Introducing the Penthouses at 111 State Street: two full-floor residences, each with its own private elevator, oversized climate-controlled garage, and dedicated rooftop terrace with views of Grand Traverse Bay. Each home offers nearly 3,500 square feet of private interior and exterior living space. The private elevator provides direct access from the lobby into the residence and continues up to
Introducing the Penthouses at 111 State Street: two full-floor residences, each with its own private elevator, oversized climate-controlled garage, and dedicated rooftop terrace with views of Grand Traverse Bay. Each home offers nearly 3,500 square feet of private interior and exterior living space. The private elevator provides direct access from the lobby into the residence and continues up to
APPLY TODAY AND MOVE IN BY SEPT 1 TO SAVE OVER $500Boardwalk Suites and Residences by Kasa offers modern, flexible living in the heart of the downtown Traverse City. Just steps from Grand Traverse Bay and the TART Trail, our property features a limited selection of 1-bedroom, 1-bath apartments with full kitchens, available furnished or unfurnished to fit your lifestyle.Each
Your home in Downtown Traverse City awaits at West End Lofts! This new, fresh apartment building was thoughtfully designed with so many amenities to create an easy, fun lifestyle. You'll appreciate the 13 ft. ceilings (1st floor units), designer finishes, in-unit washer and dryer, luxury vinyl plank flooring, stainless steel appliances, quartz counters, courtyard balcony, courtyard with fire
Your home in downtown Traverse City awaits at West End Lofts. We have connected home to nature through biophilic design and expansive outdoor living spaces. Relax and unwind while taking in golden sunsets and freshwater breezes from the comfort of your home. Rich textures and playful patterns create a unique living experience all while complementing your individual design style. Visit to apply
Interested in learning more about homes in this area?
Reach out to
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an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,135
Median Age
47
Population Density
6 ppl/acre
Population under 18
16.4%
Below the national average
23.8%
Population over 65
26%
Above the national average
19.1%
Finances
Median Household Income
$63,455
Below the national average
$71,702
Average Household Income
$85,842
Education and Workforce
High School Graduates
96.8%
College Graduates
57.6%
Above the national average
34.1%
Advanced Degrees
25.6%
Above the national average
13.3%
% Population in Labor Force
62.6%
Weather
Annual Precipitation
29''
Average Winter Low Temperature
17°F
Average Summer High Temperature
81°F
Annual Snowfall
87''
Area Factors
Biker's Paradise
Bike Score®
92/ 100
Very Walkable
Walk Score®
88/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
