49684 — Traverse City, MI Home Values
Typical home value $491,504 as of August 2026 · 11th of 30 in Traverse City, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 49684, August 2021 to August 2026. This page shows observed data only; no forecast.
How 49684 compares in the Traverse City, MI area
ZIP code 49684 (Traverse City, MI) has a typical home value of $491,504 as of August 2026, ranking 11th of 30 ZIP codes tracked in the Traverse City, MI area, more expensive than about 67% of ZIP codes in the metro. Prices here have moved +1.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +27.2%, from $386,329 in August 2021 to $491,504 in August 2026. Against observed rent, the typical home here sells for 21.4× the annual rent ($1,918/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Traverse City, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Traverse City.
Population and demographics
ZIP code 49684 has a population of 21,328, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.7% White, 3.3% Hispanic or Latino, 2.2% two or more races, 1% Asian, 0.9% American Indian or Alaska Native, 0.8% Black or African American, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| West Senior High | 5376 N LONG LAKE RD, TRAVERSE CITY, MI | 1 mi |
| The Greenspire School | 1026 RED DR, TRAVERSE CITY, MI | 2 mi |
| Willow Hill Elementary School | 1250 HILL ST, TRAVERSE CITY, MI | 2.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 49684?
$491,504 as of August 2026, the latest month Zillow has published observed data for.
Is 49684 an expensive ZIP code in the Traverse City, MI area?
49684 ranks 11th of 30 ZIP codes in the Traverse City, MI area by typical home value, more expensive than about 67% of ZIP codes in the metro.
How much have home values in 49684 changed over the past year?
+1.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 49684?
The typical home price is 21.4× the observed annual rent in this ZIP code ($1,918/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 49684?
21,328, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 49684?
West Senior High (1 mi), The Greenspire School (2 mi), Willow Hill Elementary School (2.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 49684?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Traverse City, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.