Data as of March 2026. Source: Realtor.com.
The GRAYLING, MI real estate market (49738) currently shows 43 active listings, with 13 pending sales. Homes are averaging 109 days on the market before going under contract.
Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 109 days on market compared to 41 days last year.
The median listing price has fallen 28.3% year-over-year, from $379,950 to $272,400.
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 March 2026, there are 43 active listings in GRAYLING, MI (zip code 49738), compared to 28 the prior year.
The median listing price in GRAYLING, MI 49738 is $272,400 as of March 2026, a 28.3% decrease from $379,950 the prior year.
Homes in GRAYLING, MI 49738 spend an average of 109 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of March 2026, GRAYLING, MI 49738 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 109 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAYLING, MI 49738 save an estimated $5,448 compared to a typical 5% commission on the median listing price of $272,400. 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.