Active Listings
43
⇧ 16.2% vs 37 last year
Population: 9,567 · Density: 11.1/mi² · Median household income: $57,120
Typical home value: $144,229 · Homeownership: 79.6%
Data as of January 2026. Source: Realtor.com.
The GRAYLING, MI real estate market (49738) 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 49738 | Grayling, MI 49738 | 0.0 mi | 43 | $13,319,508 | $254,950 | $309,756 |
| 48653 | Roscommon, MI 48653 | 14.1 mi | 49 | $14,681,478 | $239,000 | $299,622 |
| 49756 | Lewiston, MI 49756 | 18.3 mi | 36 | $12,294,540 | $198,900 | $341,515 |
| 49646 | Kalkaska, MI 49646 | 21.9 mi | 32 | $11,147,424 | $303,000 | $348,357 |
| 48656 | Saint Helen, MI 48656 | 24.8 mi | 23 | $4,678,545 | $157,900 | $203,415 |
| 48647 | Mio, MI 48647 | 25.9 mi | 25 | $4,657,800 | $174,000 | $186,312 |
| 49730 | Elmira, MI 49730 | 27.8 mi | 8 | $2,676,200 | $294,900 | $334,525 |
| 49667 | Merritt, MI 49667 | 28.4 mi | 4 | $894,700 | $189,900 | $223,675 |
| 48619 | Comins, MI 48619 | 30.1 mi | 8 | $1,669,864 | $210,000 | $208,733 |
| 49633 | Fife Lake, MI 49633 | 30.4 mi | 18 | $6,059,700 | $245,000 | $336,650 |
| 48661 | West Branch, MI 48661 | 30.9 mi | 30 | $7,713,960 | $229,500 | $257,132 |
| 49680 | South Boardman, MI 49680 | 31.9 mi | 0 | $0 | $474,900 | $474,900 |
| 49651 | Lake City, MI 49651 | 32.2 mi | 26 | $9,273,290 | $279,900 | $356,665 |
As of January 2026, there are 43 active listings in GRAYLING, MI (zip code 49738), compared to 37 the prior year.
The median listing price in GRAYLING, MI 49738 is $254,950 as of January 2026, a 4.6% increase from $243,725 the prior year.
Homes in GRAYLING, MI 49738 spend an average of 96 days on the market before going under contract, compared to 89 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GRAYLING, MI 49738 is currently a Buyer's Market. 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.
With SELL123.com's maximum 3% commission, sellers in GRAYLING, MI 49738 save an estimated $5,099 compared to a typical 5% commission on the median listing price of $254,950. 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.