Active Listings
81
⇧ 9.5% vs 74 last year
Data as of September 2026. Source: Realtor.com.
The GRAYLING, MI real estate market (49738) currently shows 81 active listings, with 21 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 55 days on market compared to 48 days last year.
The median listing price has fallen 14.4% year-over-year, from $290,000 to $248,250.
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 September 2026, there are 81 active listings in GRAYLING, MI (zip code 49738), compared to 74 the prior year.
The median listing price in GRAYLING, MI 49738 is $248,250 as of September 2026, a 14.4% decrease from $290,000 the prior year.
Homes in GRAYLING, MI 49738 spend an average of 55 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of September 2026, GRAYLING, MI 49738 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAYLING, MI 49738 save an estimated $4,965 compared to a typical 5% commission on the median listing price of $248,250. 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.