Grayling, MI Foreclosures
How much do homes sell for in Grayling, MI?
The average home price is currently $227,996.
In Grayling, MI, how many homes are available?
There are currently 12 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 $2,824,616.
What is currently the cheapest priced home in Grayling, MI?
The cheapest home for sale in Grayling is priced at $10,667.
Living in Grayling, MI
Grayling, MI is a picturesque town known for its outdoor activities and welcoming community. The area offers beautiful scenery along the Au Sable River, rich cultural experiences, and reputable schools. With its combination of nature, recreation, and community spirit, Grayling is an ideal destination for families and outdoor enthusiasts.
Current Market Conditions in Grayling, MI
The Grayling real estate market remains stable, with a mild increase in inventory due to the influx of seasonal residents. Properties here generally maintain their value well, attributed to the area’s growing popularity for recreation and tourism. As a result, buyers can find a mix of affordable homes and higher-end properties, catering to varied budgets.
Currently, the market sees a steady demand, especially in the summer months, as new listings attract buyers looking for vacation spots. However, the winter months tend to see a slowdown in activity, presenting ideal opportunities for buyers to negotiate better prices.
Home Value Estimator For Grayling, MI
There are currently 6,298 real estate properties
in Grayling, MI,
with a median automated valuation model (AVM) price
of $187,482.00. 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 $227,996.00, with the most expensive house
in Grayling, MI, topping out
at $2,824,616.00 and the cheapest home
in Grayling, MI,
clocking in at $10,667.00. 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.