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Foreclosure Homes in Grayling, MI

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Grayling, MI Foreclosures

How much do homes sell for in Grayling, MI?
The average home price is currently $226,625.
In Grayling, MI, how many homes are available?
There are currently 18 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 $2,375,200.
What is currently the cheapest priced home in Grayling, MI?
The cheapest home for sale in Grayling is priced at $10,498.

Living in Grayling, MI

Grayling, MI, is a picturesque city known for its outdoor activities and community-driven atmosphere. Nestled in the heart of Michigan, it offers a small-town feel with abundant recreational opportunities across all four seasons. From fishing on the Au Sable River to snowmobiling in winter, Grayling is perfect for those who love nature.

Current Market Conditions in Grayling, MI

The real estate market in Grayling is currently showing positive indicators of growth, with an increase in demand for homes due to its appealing outdoor lifestyle. New listings have been entering the market steadily, and this influx is attracting both first-time home buyers and those looking for vacation properties.

The combination of rising property values and a steady influx of buyers suggests a competitive real estate environment. Agents report that homes are selling faster than previous years, reflecting an increasingly vibrant market that embraces the area's unique offerings.

Home Value Estimator For Grayling, MI

There are currently 6,299 real estate properties in Grayling, MI, with a median automated valuation model (AVM) price of $188,325.00. 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 $226,625.00, with the most expensive house in Grayling, MI, topping out at $2,375,200.00 and the cheapest home in Grayling, MI, clocking in at $10,498.00. 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 Foreclosures


Market Trend for Grayling, MI

Total Listings Available: 18

Market Values:

Home Prices from $10,498 to $2,375,200

Average Sales Price: $226,625

Rental Values:

Rental from $500 to $3,020

Average Rent Value: $1,260 / month

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