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Traverse City, MI Homes for Sale under $200,000

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  • /36

    $130,000

    • Land
    • 4.97 Acres
    • $26,157 per Acre

    2050 N Keystone Rd, Traverse City, MI 49686

    Discover the potential of this 4.97 acre parcel located just minutes from downtown Traverse City. Zoned Agricultural, this versatile property offers a wide range of uses, whether you're dreaming of a hobby farm, building your dream home or establishing a business that benefits from generous land use and excellent visibility. With frontage along North Keystone Road, this property enjoys high

    Agent Photo

    Danielle Jerome

    Coldwell Banker Schmidt Traver

    (231) 508-9393

    2050 N Keystone Rd, Traverse City, MI 49686
  • /33

    $193,000

    • 2 Beds
    • 1 Bath
    • 1,171 Sq Ft

    3182 Michigan 37, Traverse City, MI 49685

    Bring your tools and imagination! This 2-bedroom, 1-bath fixer-upper sits on a full acre in a great location close to Traverse City. With a solid structure and a 24x48 barn already on site, this property is loaded with potential. The barn would make a great place for storage or a workshop for those who like to tinker. Whether you’re looking for your next investment project, starter home, or

    Jon Zickert REO-TCBeulah-Frankfort-233027

    3182 Michigan 37, Traverse City, MI 49685
  • /40

    $167,500

    • 2 Beds
    • 2 Baths
    • 924 Sq Ft

    2822 W Ironwood Dr, Traverse City, MI 49685

    2 bed 2 bath home with lots of potential! Partially fenced in private backyard with a detached garage, just minutes to town! Seller is offering $20k cashback at closing toward new roof, windows and flooring. Bathroom is unfinished but toilet, new shower and several other materials and supplies will stay. New garbage disposal included, front chain link fence does not stay.

    Lisa McSauby Five Star Real Estate - Front St TC

    2822 W Ironwood Dr, Traverse City, MI 49685
  • /12

    $145,000

    • Land
    • 1.48 Acres
    • $97,973 per Acre

    V/L Zimmerman Rd, Traverse City, MI 49685

    Commercial 1.5 acre parcel in great westside Traverse City location just north of the N. Long Lake Rd. intersection. Three miles west ofthe Munson Medical campus, a half mile east of West Senior High and close to downtown amenities. Many commercial uses areallowed including office, medical, service, restaurants, and certain retail uses. Multi-family possible with amendment to PUD. All

    Bill Somerville Three West, LLC

    V/L Zimmerman Rd, Traverse City, MI 49685
  • /17

    $197,900

    • 2 Beds
    • 1 Bath
    • 906 Sq Ft

    3808 Vale Dr, Traverse City, MI 49686

    Move-In Ready 2-Bedroom Townhouse in Prime Traverse City — Priced to Sell! Here’s your chance to own a fully updated, move-in ready 2-bedroom, 1-bath end-unit townhouse in Traverse City’s desirable Holiday Village community—offered at an unbeatable price! Whether you're a first-time buyer, seasonal resident, or investor, this is an affordable opportunity to enjoy low-maintenance living in one of

    Lisa Hall REO-TCRandolph-233022

    3808 Vale Dr, Traverse City, MI 49686
  • /14

    $103,900

    • Land
    • 1.39 Acres
    • $74,748 per Acre

    4717 Leaning Birch Dr Unit 2, Traverse City, MI 49685

    Welcome to Lot 2 of The Hemlocks! With its gently sloping terrain, this parcel provides an excellent opportunity for a home designed to blend with the natural contours of the land. A unique feature of this lot is that much of the excavation work has already been completed, making it even more ready for construction. The combination of hardwoods and pines creates a serene setting, perfect for a

    Daniel Kaupas The Mitten Real Estate Group

    4717 Leaning Birch Dr Unit 2, Traverse City, MI 49685
  • /24

    $179,000

    • 1 Bed
    • 1 Bath
    • 444 Sq Ft

    619 E Eighth St Unit 13, Traverse City, MI 49686

    Don’t let this opportunity slip away—here’s your chance to own a charming condo in the heart of Downtown Traverse City! Whether you’re dreaming of a summer retreat or a cozy year-round home, this condo is a true treasure. Plus, it’s pet-friendly, so your furry companions can join in the fun! This one-bedroom, one-bathroom condo is nestled in a newer, well-maintained building and offers

    Jacob Elsenheimer REMAX Bayshore - W Bay Shore Dr TC

    619 E Eighth St Unit 13, Traverse City, MI 49686
  • /12

    $103,900

    • Land
    • 1.39 Acres
    • $74,748 per Acre

    4735 Leaning Birch Dr Unit 1, Traverse City, MI 49685

    Welcome to Lot 1 of The Hemlocks! As you enter The Hemlocks, this parcel greets you with a perfect blend of hardwoods and evergreens, offering a peaceful retreat right at the front of the development. This level parcel, with a private entrance already in place, is ready to welcome your vision for a home surrounded by nature's tranquility. Here, privacy and serenity unfold as soon as you step onto

    Daniel Kaupas The Mitten Real Estate Group

    4735 Leaning Birch Dr Unit 1, Traverse City, MI 49685
  • /10

    $124,900

    • Land
    • 1.52 Acres
    • $82,171 per Acre

    4655 Leaning Birch Dr Unit 4, Traverse City, MI 49685

    Welcome to Lot 4 of the Hemlocks! Situated at the peaceful end of Leaning Birch Drive, this parcel is a sanctuary of natural beauty. It's generous size and mix of hardwoods and pines create a lush, wooded haven. With a flat entry and a graceful upward slope toward the south, this lot offers potential for various home plans that harmoniously blend space and seclusion. Get ready to make your dreams

    Daniel Kaupas The Mitten Real Estate Group

    4655 Leaning Birch Dr Unit 4, Traverse City, MI 49685
  • /14

    $118,000

    • Land
    • 2.21 Acres
    • $53,394 per Acre

    000 S Solon Rd, Traverse City, MI 49684

    Looking for a few acres to build your dream home? Want some privacy and seclusion, but still be close to everything Traverse City has to offer? This 2.21-acre parcel may be exactly what you’ve been waiting for. Located less than 8 miles from downtown Traverse City, Grand Traverse Bay, Munson Hospital, and beautiful Long Lake, this property offers the perfect balance of convenience and

    Crystal Gober Traverse Real Estate

    000 S Solon Rd, Traverse City, MI 49684
  • /16

    $175,000

    • 1 Bed
    • 1 Bath
    • 536 Sq Ft

    10648 E Traverse Hwy, Traverse City, MI 49684

    Located less than half a mile from West End Beach on Grand Traverse Bay, this 1-bedroom, 1-bath home sits on a 0.20-acre lot with a wooded backdrop near one of Traverse City’s most walkable and desirable areas. The home was fully renovated in 2018 and offers 536 square feet of efficient living space, featuring updated finishes and wood flooring in the bedroom. The location offers a sense of

    Nolan Hullinger AYRE RHINEHART

    10648 E Traverse Hwy, Traverse City, MI 49684
  • /7

    $149,900

    • Land
    • 0.85 Acre
    • $176,353 per Acre

    1202 N U S 31 S, Traverse City, MI 49685

    24,758 vehicles per day pass by this location according to MDOT. Formerly the Blue Star Highway Scenic Turnout. Really great views possible with a little tree clearing. Would make a great office site or a beautiful view for your dream home on a 3/4 acreage parcel just South of GT Mall and, overlooking Oleson's buffalo ranch. See associated documents for Section 319 C-O Commercial Office permitted

    Douglas Swartz Century 21 Northland-Elk Rapids

    1202 N U S 31 S, Traverse City, MI 49685
  • /9

    $175,000

    • Land
    • 0 Acre

    12755 S Marina Village Dr, Traverse City, MI 49684

    Discover the perfect spot to dock your boat with this 40’ slip (#120) at Harbor West Yacht Club. This premier slip provides direct access to West Grand Traverse Bay, with bay views, electric hookup, and municipal water and sewer available. Owners enjoy a private, well-maintained marina community with clubhouse and common area amenities, all just minutes from downtown Traverse City’s dining,

    Shawn Schmidt Smith Coldwell Banker Schmidt Traver

    12755 S Marina Village Dr, Traverse City, MI 49684
  • /11

    $169,000

    • Land
    • 2.26 Acres
    • $74,779 per Acre

    Land 2.26A M22 S West Bay Shore Dr, Traverse City, MI 49684

    Tell yourself that 2.26 acres on M22 in Leelanau County is ok, then build the dream. Hillside lot with lofty walkout potential, and facing West Grand Traverse Bay. Imagine your new year round or vacation home, just minutes from Traverse City, Suttons Bay, marinas, parks, TART Trail and Bay or Lake Leelanau Access. Boughey Beach Front Park is just a few hundred feet away! Explore the options for a

    Sue Louiselle Coldwell Banker Schmidt Traver

    Land 2.26A M22 S West Bay Shore Dr, Traverse City, MI 49684
  • /29

    $112,000

    • Land
    • 0.45 Acre
    • $248,889 per Acre

    4885 Grayhawk Blvd Unit 16, Traverse City, MI 49684

    Prime vacant lot ready for your dream home in a well-established & desirable neighborhood on Traverse City’s sought-after West Side! Surrounded by quality homes, this property offers convenient location and opportunity. Just minutes from downtown Traverse City, West Bay and the Grand Traverse Commons. Enjoy quick access to schools, Munson Medical Center & Bay Meadows Golf Course. A chance to

    Leanne Deeren REO-TCFront-233021

    4885 Grayhawk Blvd Unit 16, Traverse City, MI 49684
  • /22

    $100,000

    • Land
    • 1.61 Acres
    • $62,112 per Acre

    1.6 Acres January Dr, Traverse City, MI 49684

    Welcome to this beautiful 1.6-acre lot just west of Traverse City! This spacious parcel offers the perfect opportunity to build your dream home surrounded by nature and privacy, while still enjoying the convenience of being just minutes from downtown. Whether you're looking for peaceful country living or easy access to all that Traverse City has to offer, and just minutes to Munson, this location

    Kara Emerich Century 21 Northland

    1.6 Acres January Dr, Traverse City, MI 49684
  • /8

    $185,000

    • Land
    • 0 Acre

    12755 S Marina Village Dr, Traverse City, MI 49684

    40’ Boat Slip for Sale at Harbor West Yacht Club’s Private Marina on West Bay in Traverse City. Slip #123. Located on the popular gas dock facing East, this slip comes with 30 and 50 amp power and water at main and finger pier (bow or stern), member benefits include clubhouse access with full kitchen, bathroom facilities, laundry, gas grills, friendly neighbors and ample parking. Fuel and

    Marilyn Taylor EXIT Northern Shores-TC

    12755 S Marina Village Dr, Traverse City, MI 49684
  • /7

    $109,000

    • Land
    • 0.15 Acre
    • $726,667 per Acre

    13820 S Azimuth Dr, Traverse City, MI 49684

    44 North. Traverse City's newest neighborhood. Location is best of both worlds, at the base of the Leelanau peninsula yet still within Traverse City with amenities it has to offer. Neighborhood features, city water, city sewer, TART trail, underground utilities, paved roads. Located 1.5 miles from Downtown Traverse City, Munson Hospital, Harbor West Marina and Clinch Park Marina. Easy entrance

    Mark Johnson Century 21 Northland

    13820 S Azimuth Dr, Traverse City, MI 49684
  • /6

    $159,000

    • Land
    • 0.25 Acre
    • $636,000 per Acre

    13770 S Celestial Ridge, Traverse City, MI 49684

    44 North. Traverse City's newest neighborhood. Location is best of both worlds, at the base of the Leelanau peninsula yet still within Traverse City with amenities it has to offer. Neighborhood features, city water, city sewer, TART trail, underground utilities, paved roads. Located 1.5 miles from Downtown Traverse City, Munson Hospital, Harbor West Marina and Clinch Park Marina. Easy entrance

    Mark Johnson Century 21 Northland

    13770 S Celestial Ridge, Traverse City, MI 49684
  • /7

    $139,900

    • Land
    • 5 Acres
    • $27,980 per Acre

    0 Muncie View Trail Unit B 1934562, Traverse City, MI 49696

    Scenic 5 acre wooded parcel in the Muncie Lake Area of Union Township. Discover peace, tranquility and natural beauty with this rare vacant parcel, nestled deep in the heart of the forest of the Muncie Lake area.This heavily wooded property offers a true escape from the noise and crowds of the City, surrounded by expansive State land and neighboring properties that have remained in the same

    Michael Mitchell REO-TCRandolph-233022

    0 Muncie View Trail Unit B 1934562, Traverse City, MI 49696
  • /10

    $200,000

    • Land
    • 0.53 Acre
    • $377,358 per Acre

    13973 S Winding Trail Unit 13, Traverse City, MI 49684

    Bay View Lot in Desirable Northridge Commons! Enjoy the perfect blend of natural beauty and convenience with this bay view lot in the sought-after Northridge Commons community. Ideally located just 1/4 mile from the TART Trail and the sparkling waters of West Bay, this property offers quick access to downtown Traverse City, Munson Medical Center, and the scenic wonders of Leelanau County.

    Shelly Klein Coldwell Banker Schmidt Traver

    13973 S Winding Trail Unit 13, Traverse City, MI 49684
  • /10

    $115,000

    • Land
    • 0.22 Acre
    • $522,727 per Acre

    13935 S Winding Trail Unit 17, Traverse City, MI 49684

    Perfectly flat Lot in Sought-After Northridge Commons! Build your dream home in Northridge Commons, a premier development conveniently positioned just 1/4 mile from the TART Recreational Trail and the sparkling shores of West Bay. This lot offers a rare combination of natural beauty, convenient access, and low-maintenance living—right on the edge of vibrant downtown Traverse City. Set within an

    Shelly Klein Coldwell Banker Schmidt Traver

    13935 S Winding Trail Unit 17, Traverse City, MI 49684
  • /12

    $175,000

    • Land
    • 0.39 Acre
    • $448,718 per Acre

    13969 S Winding Trail Unit 12, Traverse City, MI 49684

    Prime Corner Lot in Coveted Northridge Commons! Build your dream home on this beautifully redesigned corner lot in the highly sought-after Northridge Commons—now optimized to accommodate a larger floor plan. Located just 1/4 mile from the TART Trail and the sparkling shores of West Bay, this property offers the perfect balance of natural beauty and urban convenience. Enjoy easy access to

    Shelly Klein Coldwell Banker Schmidt Traver

    13969 S Winding Trail Unit 12, Traverse City, MI 49684
  • /10

    $115,000

    • Land
    • 0.45 Acre
    • $255,556 per Acre

    4863 Grayhawk Blvd Unit 15, Traverse City, MI 49684

    Location! Location! Build your dream home with amazing views and privacy! Located in the Grayhawk neighborhood only minutes from downtown TC. This wooded sloping lot would allow for a beautiful walkout lower level with stunning views. Just one mile from Munson Medical Center and minutes to Traverse City's amazing dining experiences. Tucked away at the top of the neighborhood sits this rare lot

    Molly Buttleman @properties Christie's Int'l

    4863 Grayhawk Blvd Unit 15, Traverse City, MI 49684
  • /6

    $155,000

    • Land
    • 0.09 Acre
    • $1,722,222 per Acre

    1301 Cass St, Traverse City, MI 49684

    Tucked into the vibrant heart of Traverse City’s emerging SOFO district (that’s South of Fourteenth, for the uninitiated), this rare downtown vacant lot offers the kind of charm and energy usually reserved for much larger cities. Here, you’re steps from Right Brain Brewery and Traverse City Whiskey Co. local icons pouring craft flavor and creative spirit into the neighborhood’s buzzing social

    Patrick Lund Keller Williams Northern Michigan

    1301 Cass St, Traverse City, MI 49684
  • /99

    $100,000

    • 2 Beds
    • 2 Baths
    • 1,224 Sq Ft

    2035 N Us-31 N Unit 505, Traverse City, MI 49686

    Tamarack Lodge! Sequoia room 505, an end unit on the NE corner of the top floor of a 5 story building that has an elevator. One of the bedrooms has a "Lock-off" which enables it to be its own suite if desired. Absolutely outstanding water views and the best sugar sand beach imaginable from this 1/8th fractional ownership waterfront condo in Traverse City on Lake Michigan's East Grand Traverse

    Andy Stireman Coldwell Banker Schmidt Traver

    2035 N Us-31 N Unit 505, Traverse City, MI 49686
  • /22

    $199,000

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft

    2305 N Us-31 Unit 300, Traverse City, MI 49686

    Resort rental condo in the heart of Traverse City's Miracle Mile! 200' of beautiful sandy Bay frontage with crystal clear water. This newly renovated building boasts an outdoor heated pool, sun deck by the Bay and a perfect location to start your daily adventures in northern Michigan. Furnished condo with new paint and blinds. Full kitchen. Views of the Bay and pool are just outside the kitchen

    Chris Christensen Five Star Real Estate - Front St TC

    2305 N Us-31 Unit 300, Traverse City, MI 49686
  • /13

    $115,000

    • Land
    • 0.15 Acre
    • $766,667 per Acre

    13960 S Winding Trail Unit 10, Traverse City, MI 49684

    Affordable luxury at the edge of Traverse City and Leelanau County. Terrific location with the TART Recreational Trail and West Bay 1/4 mile away. Easy access to downtown Traverse City, Munson Hospital and all the amenities of Leelanau County. Northridge Commons is the perfect sized development, with a total of 21 uniquely designed craftsman style luxury home sites that line a Winding Trail up

    Shelly Klein Coldwell Banker Schmidt Traver

    13960 S Winding Trail Unit 10, Traverse City, MI 49684
  • /15

    $115,000

    • Land
    • 0.15 Acre
    • $766,667 per Acre

    13956 S Winding Trail Unit 9, Traverse City, MI 49684

    Lot #9 is affordable luxury at the edge of Traverse City and Leelanau County! Terrific location with the TART Recreational Trail and West Bay 1/4 mile away. Easy access to downtown Traverse City, Munson Hospital and all the amenities of Leelanau County. Northridge Commons is the perfect sized development, with a total of 21 uniquely designed craftsman style home sites that line a Winding Trail

    Shelly Klein Coldwell Banker Schmidt Traver

    13956 S Winding Trail Unit 9, Traverse City, MI 49684
  • /24

    $139,900

    • 3 Beds
    • 3 Baths
    • 1,622 Sq Ft

    2035 N Us-31 N Unit 406, Traverse City, MI 49686

    Tamarack Lodge! 3br 3ba 1,622 sq ft. Suite 406 (Sugar Maple). An end unit located on the 4th floor of a 5 story building that has an elevator. One of the bedrooms has a "Lock-off" which enables it to be its own suite if desired. Tamarack Lodge sells its units fractionally. Absolutely outstanding water views and the best sugar sand beach imaginable from this 1/8th fractional ownership waterfront

    Andy Stireman Coldwell Banker Schmidt Traver

    2035 N Us-31 N Unit 406, Traverse City, MI 49686
  • /29

    $103,000

    • 2 Beds
    • 2 Baths
    • 1,521 Sq Ft

    2035 N Us-31 Unit 204, Traverse City, MI 49686

    Tamarack Lodge! Blue Spruce room 204 is a handicap accessible unit located on the 2rd floor of a 5 story building that has an elevator. Absolutely outstanding water views and the best sugar sand beach imaginable from this 1/8th fractional ownership waterfront condo in Traverse City on Lake Michigan's East Grand Traverse Bay. See rotation D schedule in the Associated Documents (click on the green

    Andy Stireman Coldwell Banker Schmidt Traver

    2035 N Us-31 Unit 204, Traverse City, MI 49686
  • /37

    $103,000

    • 2 Beds
    • 2 Baths
    • 1,521 Sq Ft

    2035 N Us-31 Unit 304, Traverse City, MI 49686

    Tamarack Lodge! Blue Spruce room 304, located on the 3rd floor of a 5 story building that has an elevator. Absolutely outstanding water views and the best sugar sand beach imaginable from this 1/8th fractional ownership waterfront condo in Traverse City on Lake Michigan's East Grand Traverse Bay. See rotation C schedule in the Associated Documents (click on the green D) for the 6 weeks that are

    Andy Stireman Coldwell Banker Schmidt Traver

    2035 N Us-31 Unit 304, Traverse City, MI 49686

Home Trends in Traverse City, MI

Housing Trends

Median Sale Price
$427,306
Median Single Family Sale Price
$455,000
Median Townhouse Sale Price
$349,500
Median 2 Bedroom Sale Price
$345,000
Median 1 Bedroom Sale Price
$260,500
Average Price Per Sq Ft
$332
Number of Homes for Sale
358
Last 12 months Home Sales
1,096
Months of Supply
3.90
Median List Price
$455,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-5%
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