Townhomes for Sale in Traverse City, MI

On the edge of Lake Michigan, the resort town of Traverse City stands as the largest producer of tart cherries nationwide and a vantage point for stunning views of northern Michigan. “It’s a gorgeous area— there’s a special beauty. You don’t have to drive far to be in touch with nature,” says Brian McGillivary, a resident and Realtor with Berkshire Hathaway Home Services. “The community really values the environment.” The city of 16,000 is also home to the state’s wine country, three historic lighthouses and a center for arts and culture. Though known for its vacation destinations, Traverse City's year-round employment sectors include healthcare, retail and education, though manufacturing and hospitality aren’t far behind. The median sale price is $455,000, higher than the national benchmark and trending upward. Most homes were built before 1939, though a 30-year building boom that ended in 1999 created more options, but housing shortages in the city still exist. Prices vary depending on the neighborhood. Greilickville features spacious lots and stately New Traditional homes with lakefront views. The average sale price is just under $700,000. Traverse Heights , just south of Downtown Traverse City , features ranch-style