Market report, updated

Traverse County Home Values and Market Report

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Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 91.6% of list price in 98 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $185K Sold · $177K
$430K$300K$170K$40K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Nov. Last month: 2.

Where the market stands

All homes in this report, by status.

20homes
Active10 · 50%
Sold (12 mo)10 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

12.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$211K
Sold$163K

Average days on market

Active83 days
Sold98 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 10
Average list price $211,200
Avg. days on market 83 days
Avg. price per ft² $149 Based on 6 of 10 homes
Avg. living area 1,776 ft² Based on 6 of 10 homes
Avg. beds / baths 3.2 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

4 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 6 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

4 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 6 homes in this status.

4912 State Highway 27$584
804 6th Avenue N$137
804 2nd Avenue N$95
509 12th Street N$29
1008 1st Avenue N$27
1111 3rd Avenue S$26

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
804 6th Avenue NWheaton, MN 56296 433,117$429,500$1378 days
804 2nd Avenue NWheaton, MN 56296 321,152$110,000$9510 days
1008 1st Avenue NWheaton, MN 56296 321,650$44,900$2716 days
1111 3rd Avenue SWheaton, MN 56296 321,408$37,900$2626 days
5655 Lakefront DriveBrowns Valley, MN 56219 ———$140,000—37 days
TBD 660th AvenueWheaton, MN 56296 ———$164,900—37 days
509 12th Street NWheaton, MN 56296 422,051$59,900$2945 days
403 5th Street NWheaton, MN 56296 ———$250,000—77 days
TBD 4th Street NWheaton, MN 56296 ———$125,000—162 days
4912 State Highway 27Browns Valley, MN 56219 221,283$749,900$584411 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.