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City / Town Overview

Grayling, MI

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
43
⇧ 16.2% vs 37 last year
Pending
13
30% pending ratio
Median Price
$254,950
⇧ 4.6% vs $243,725 last year
Average Price
$309,756
⇩ 29.7% vs $440,864 last year
Days on Market
96
⇧ 7.9% vs 89 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Grayling, MI real estate market currently shows 43 active listings, with 13 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 96 days on market compared to 89 days last year.

The median listing price has risen 4.6% year-over-year, from $243,725 to $254,950.

Whether you are buying or selling in Grayling, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Grayling: 49738, 49739

Market Context

ZIP coverage: 2  ·  Population: 9,567  ·  Median household income: $57,120

Typical home value: $144,229  ·  Homeownership rate: 79.6%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings