Why Live in Slabtown
During the mid-20th century, Traverse City was a small town centered around lumber manufacturing. Many of the industry’s skilled workers, largely Czech immigrants, began building small dwellings on the city’s west side out of slab wood brought home from the sawmills. This would become the origin story of Slabtown, a walkable suburb that's a bike ride away from West Arm Grand Traverse Bay. Today, residents enjoy the area's proximity to local restaurants like the historic Sleder’s Family Tavern, the city’s downtown district and abundant waterfront recreation. “It’s a deeply historical neighborhood with a variety of housing and plenty to do nearby,” says Nan Ray, a local Realtor with Century 21 Northland and a longtime city resident. Old and new-growth trees line the wide streets of Slabtown. Sidewalks run throughout the neighborhood, cutting through well-kept lawns and intersecting with paved pathways leading to front doors. These properties, which date back to the mid-1800s, showcase various architectural designs, from Victorians to Craftsmans and Cape Cods. Almost all homes feature backside alleyways with space for parking and detached garages. However, the handful of properties
Home Trends in Slabtown, MI
On average, homes in Slabtown, Traverse City sell after 77 days on the market compared to the national average of 51 days. The median sale price for homes in Slabtown, Traverse City over the last 12 months is $582,500, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$582,500
Median Single Family Sale Price
$594,000
Median 2 Bedroom Sale Price
$534,500
Median 1 Bedroom Sale Price
$282,000
Average Price Per Sq Ft
$425
Number of Homes for Sale
11
Last 12 months Home Sales
48
Median List Price
$615,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-8%