49738 Home Values & Market Trends

There are 183 homes currently listed for 49738. 49738 real estate market trends show that home prices range from $49,000 to $574,900, and the median sales price in the 49738 zip code is $198,950. The total number of properties sold within the past twelve months is 186. In 49738, 3 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.

49738 Real Estate Market Overview

CityMedian Est. Value
Grayling

$ 198,950

$ 171/sqft

Housing Market Summary for 49738

Sep 2025September 2026Change
Median Listing Price$222.4K$205K-7.84%
Median Sold Price$193.8K$156.1K-19.48%
Homes For Sale11217758.04%
Homes Sold8365-21.69%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 49738

The median list price of a home in Grayling, is $198,950. A total of 183 properties are for sale, and the percentage of properties for sale in the zip code is 183.00%. The total count of 49738 properties is 250.

Foreclosure
There is 1 cities within 49738; within this cities, the median estimated home value for homes in foreclosure ranges from $209,900 in grayling to the lowest value of $129,066 in grayling. Foreclosure homes account for 1.00% of properties in 49738 with grayling containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 49738 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 49738; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 49738 ranges from the highest value of $209,900 in grayling to the lowest value of $185,837 in grayling. Bank owned homes and properties account for 0.80% of properties in 49738. There is 1 cities within 49738; grayling containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    grayling has 1 auction properties, the highest number of properties going to auction in a single city in the state of 49738. Auction homes and other auction properties account for 0.40% of all properties in 49738. There is 1 cities within 49738; of that cities, the median estimated home value for homes going to auction ranges from $129,066 in grayling to the lowest value of $129,066 in grayling.
Homes for Sale
Homes and properties that are actively listed for sale account for 73.20% of residential properties in 49738 with grayling containing 183 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 49738; homes for sale in that cities, have a range of median values from $695,000 in grayling to the lowest value of $30,191 in grayling.
    Sold Homes
    The median value for recently sold homes ranges from $617,730 in grayling to the lowest price of $42,517 in grayling. There is 1 cities within 49738. grayling has 61 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 24.40% of properties in 49738.

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      Guide for 49738

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.