Data as of June 2026. Source: Realtor.com.
The GRAYLING, MI real estate market (49738) currently shows 73 active listings, with 24 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.
Homes are selling faster, averaging 37 days on market compared to 51 days last year.
The median listing price has fallen 4.1% year-over-year, from $290,700 to $278,675.
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.
Population: 9,567 · Density: 11.1/mi² · Median household income: $57,120
Typical home value: $144,229 · Homeownership: 79.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49738 | Grayling, MI 49738 | 0.0 mi | 42 | $13,471,458 | $254,675 | $320,749 |
| 48653 | Roscommon, MI 48653 | 14.1 mi | 45 | $11,609,280 | $225,000 | $257,984 |
| 49756 | Lewiston, MI 49756 | 18.3 mi | 30 | $10,332,870 | $194,925 | $344,429 |
| 49646 | Kalkaska, MI 49646 | 21.9 mi | 31 | $10,636,751 | $300,500 | $343,121 |
| 48656 | Saint Helen, MI 48656 | 24.8 mi | 23 | $5,664,095 | $167,975 | $246,265 |
| 48647 | Mio, MI 48647 | 25.9 mi | 21 | $3,916,206 | $172,975 | $186,486 |
| 49730 | Elmira, MI 49730 | 27.8 mi | 12 | $4,831,656 | $393,725 | $402,638 |
| 49667 | Merritt, MI 49667 | 28.4 mi | 3 | $626,001 | $186,150 | $208,667 |
| 48619 | Comins, MI 48619 | 30.1 mi | 9 | $1,599,525 | $152,450 | $177,725 |
| 49633 | Fife Lake, MI 49633 | 30.4 mi | 14 | $4,752,706 | $239,950 | $339,479 |
| 48661 | West Branch, MI 48661 | 30.9 mi | 34 | $9,070,860 | $236,175 | $266,790 |
| 49680 | South Boardman, MI 49680 | 31.9 mi | 2 | $754,800 | $377,400 | $377,400 |
| 49651 | Lake City, MI 49651 | 32.2 mi | 25 | $8,913,300 | $257,400 | $356,532 |
As of June 2026, there are 73 active listings in GRAYLING, MI (zip code 49738), compared to 51 the prior year.
The median listing price in GRAYLING, MI 49738 is $278,675 as of June 2026, a 4.1% decrease from $290,700 the prior year.
Homes in GRAYLING, MI 49738 spend an average of 37 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of June 2026, GRAYLING, MI 49738 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAYLING, MI 49738 save an estimated $5,574 compared to a typical 5% commission on the median listing price of $278,675. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.