Why Live in Downtown Traverse City
Downtown Traverse City is a vibrant neighborhood where commerce and residential life intersect seamlessly. Residents enjoy a walkable and bikeable environment with numerous restaurants, entertainment options, shops, parks, and even a beach. The area features higher-end condominiums, often in refurbished historic buildings with an industrial feel, offering lakefront and city skyline views. Modern townhouses with two bedrooms and two bathrooms are also common. The dining scene is a major attraction, with notable spots like Poppycocks, Millie & Pepper, and Le Macaron. For groceries, Burritt’s Fresh Market and Boardman’s Family Fare Supermarket are convenient options. The Sara Hardy Downtown Farmers Market operates every Saturday from May to October, providing fresh produce, art, and wine.
Clinch Park Beach is a popular destination in spring and summer, offering swimming, kayaking, paddle boarding, and boating. The beach connects to the Traverse Area Recreation Trail (TART) and the William G. Milliken Waterscape. Hannah Park and Open Space Park provide additional outdoor activities, including fishing and beach volleyball. Indoor attractions include the Bijou by the Bay theater, Crooked Tree Arts Center, City Opera House, and the State Theatre.
The neighborhood is part of the Traverse City Area Public School District, with highly rated schools such as Central Grade School, East Middle School, and Central High School. The area hosts the annual National Cherry Festival, attracting half-a-million visitors for various events. Downtown Traverse City experiences mild summers and snowy winters, with major employers like Munson Medical Center and Northwestern Michigan College nearby. Cherry Capital Airport is just under 5 miles away.
Home Trends in Downtown Traverse City, MI
Median Sale Price
$489,900
Median Single Family Sale Price
$199,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
1
Last 12 months Home Sales
7
Median List Price
$199,000
Median Change From 1st List Price
17%