Data as of April 2026. Source: Realtor.com.
The GRAYLING, MI real estate market (49738) currently shows 38 active listings, with 11 pending sales. Homes are averaging 66 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 66 days on market compared to 60 days last year.
The median listing price has fallen 29.4% year-over-year, from $375,000 to $264,675.
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 April 2026, there are 38 active listings in GRAYLING, MI (zip code 49738), compared to 32 the prior year.
The median listing price in GRAYLING, MI 49738 is $264,675 as of April 2026, a 29.4% decrease from $375,000 the prior year.
Homes in GRAYLING, MI 49738 spend an average of 66 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of April 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 66 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAYLING, MI 49738 save an estimated $5,294 compared to a typical 5% commission on the median listing price of $264,675. 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.