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Traverse City, Michigan
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Coldwell Banker Schmidt Luxury Real Estate logo

Coldwell Banker Schmidt Luxury Real Estate

Real Estate Brokerage · Traverse City, Michigan

Photo: Grand Traverse County Courthouse by rossograph, CC BY-SA 4.0 via Wikimedia Commons

Real Estate Brokerage in Traverse City

About Coldwell Banker Schmidt Luxury Real Estate

Coldwell Banker Schmidt Luxury Real Estate is the luxury division of a brokerage listed in Traverse City, Michigan. Its own description says the brokerage was founded in 1927, is now in its fourth generation, and has more than 1,500 agents. The listing points to a focus on luxury homes in northern Michigan.

For a luxury purchase or sale, ask Coldwell Banker Schmidt Luxury Real Estate which agent works the lakes and communities you are considering, how they price unique waterfront homes with few comparable sales, and how they market high-end listings.

Location

Traverse City, Michigan

Local time

12:49 AMTraverse City · Eastern Time · Tuesday, October 13

No published office hours. If this is your listing, you can send your hours.

Home values in Traverse City

Typical home$447K
1-year+1.9%
5-year+30.6%
Typical rent$1,888
$190K$283K$377K$470KAug 2016 · $215,648Feb 2017 · $226,380Aug 2017 · $235,143Feb 2018 · $244,488Aug 2018 · $252,716Feb 2019 · $258,287Aug 2019 · $261,690Feb 2020 · $270,039Aug 2020 · $269,378Feb 2021 · $302,759Aug 2021 · $342,095Feb 2022 · $355,551Aug 2022 · $388,543Feb 2023 · $388,174Aug 2023 · $411,348Feb 2024 · $416,064Aug 2024 · $426,958Feb 2025 · $435,326Aug 2025 · $438,591Feb 2026 · $443,389Aug 2026 · $446,706Aug 2016Aug 2021Aug 2026

As of August 2026, Zillow’s home value index puts a typical Traverse City home at roughly $446,706. Over twelve months the typical value rose 1.9%, against a 4.0% rise for Michigan as a whole. Over five years the change is +30.6%. Traverse City sits 68% above the Michigan typical value of $266,292. Renters pay around $1,888 per month for a typical unit, +3.6% versus last year.

Monthly payment calculator

Starts from the typical Traverse City home value. Change any field.

Principal & interest—
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Estimate only. Taxes and insurance start at an assumed 1.5% of the price per year; enter real figures for a specific home. PMI and HOA dues are not included.

Source: Zillow Home Value Index and Observed Rent Index, August 2026. More on the Traverse City market

Profile details

NameColdwell Banker Schmidt Luxury Real Estate
Profile typeReal Estate Brokerage
Primary marketTraverse City, Michigan
CountyGrand Traverse County
Focus areasLuxury Homes
Social media followers1,648
License regulatorMichigan Department of Licensing and Regulatory Affairs (LARA)
Time zoneEastern Time
Last reviewedOctober 13, 2026

Communities around Traverse City

CommunityDistanceTypical home1 yearListed
Cadillac, MI37 mi$237,502+5.2%2
Elmira, MI43 mi——1
Boyne City, MI43 mi$420,820+3.5%2

Questions about Coldwell Banker Schmidt Luxury Real Estate

Where is Coldwell Banker Schmidt Luxury Real Estate located?
Coldwell Banker Schmidt Luxury Real Estate is listed in Traverse City, Michigan (Grand Traverse County).
Which nearby communities have listed professionals?
Cadillac (37 mi, 2 listings), Elmira (43 mi, 1 listing), and Boyne City (43 mi, 2 listings).
What does a typical home cost in Traverse City?
About $446,706 in August 2026 (Zillow Home Value Index), +1.9% versus a year earlier; typical rent is $1,888 a month.
What does Coldwell Banker Schmidt Luxury Real Estate focus on?
The profile highlights luxury homes.

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DirectionsCompare nearby