49637 — Grand Traverse County, Michigan Market Snapshot
Housing market data for zip code 49637 in Grand Traverse County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$437,450
Days to Sell
43
Homes Sold
12
Inventory
24
Sale-to-List
100.5%
New Listings
30
Price/SqFt
$266
Pending Sales
18
Conforming Loan Available
Most homebuyers in 49637 can comfortably use conventional financing. The median home price of $437,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
49637's market is balanced with homes taking an average of 43 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 49637 (100.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 49637 can comfortably use conventional financing. The median home price of $437,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 49637 are set at the county level.
2026 Loan Limits — Grand Traverse County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 49637
To purchase the median home at $437,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,502.
Monthly Payment
$3,502
Income Required
$150,069
Principal & Interest
$2,695/mo
Down Payment (5%)
$21,873
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 49637.
Estimated Monthly Payment
$2,857
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