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Single-family Foreclosures in Grayling, MI 49738

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Grayling, MI Foreclosures

How much do homes sell for in Grayling, MI?
The average home price is currently $218,358.
In Grayling, MI, how many homes are available?
There are currently 15 active home listings available in Grayling.
What’s the average rental cost in Grayling, MI?
The average rental price in Grayling is $1,260.
What is the most expensive home in Grayling?
The most expensive home sold in Grayling had a price of $2,328,700.
What is currently the cheapest priced home in Grayling, MI?
The cheapest home for sale in Grayling is priced at $10,816.

Living in Grayling, MI

Grayling, MI is a picturesque city rich in natural beauty and outdoor recreational activities. Residents enjoy a friendly community, good schools, and access to various local amenities including shopping and dining. The charming atmosphere and vibrant local culture make Grayling an attractive option for families and retirees alike.

Current Market Conditions in Grayling, MI

The real estate market in Grayling has shown steady growth over the past few years, driven largely by an influx of retirees and buyers seeking vacation homes. Prices are reasonable compared to larger urban areas, making it an appealing option for real estate investors looking for potential rental opportunities.

Current trends indicate a strong demand for single-family homes as well as vacation rentals, particularly those near the AuSable River and other local attractions. Investment opportunities remain abundant, especially for properties that appeal to outdoor enthusiasts and families seeking seasonal getaways.

Home Value Estimator For Grayling, MI

There are currently 6,295 real estate properties in Grayling, MI, with a median automated valuation model (AVM) price of $180,720.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grayling, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Grayling, MI, is $218,358.00, with the most expensive house in Grayling, MI, topping out at $2,328,700.00 and the cheapest home in Grayling, MI, clocking in at $10,816.00. In other words, there’s something for every potential homebuyer or savvy investor in Grayling, MI!

Rent Prices In Grayling, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grayling, MI, is on a rollercoaster ride. The average rent price in Grayling, MI, is $1,260.00. Indeed, when looking to rent in Grayling, MI, you can expect to pay as little as $500.00 or as much as $3,020.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Grayling, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Grayling, MI 49738 Single-family Homes


Market Trend for Grayling, MI

Total Listings Available: 15

Market Values:

Home Prices from $10,816 to $2,328,700

Average Sales Price: $218,358

Rental Values:

Rental from $500 to $3,020

Average Rent Value: $1,260 / month

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