Is Grayling, MI 49738 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Grayling is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.7Under 4 months = seller’s market
Sold above original list19.6%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$145▼ −9.4% vs. last year

Nearby markets

Frederic 49733Balanced $118 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology