The median sale price of a home in Old Towne was $420K last month, down 18.4% since last year. The median sale price per square foot in Old Towne is $493, up 48.0% since last year.
What is the housing market like in Old Towne today?
In May 2025, Old Towne home prices were down 18.4% compared to last year, selling for a median price of $420K. On average, homes in Old Towne sell after 71 days on the market compared to 170 days last year. There were 9 homes sold in May this year, down from 12 last year.
$1.13M
Sale Price
+159.2% since last year
$493
Sale $/Sq. Ft.
+48.0% since last year
Over List Price
3.2%
Days on Market
45
Down Payment
—
Total Homes Sold
1
To compare other locations to the Old Towne and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Traverse City add value to a home.
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Climate's impact on Old Towne housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Old Towne.
Flood Factor - Minimal
We’re working on getting current and accurate flood risk information
Flood Factor
Overall, Old Towne has a minimal risk of flooding impacting the community over the next 30 years.