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
| City | Median Est. Value |
|---|---|
| Grayling | $ 198,950 $ 171/sqft |
Housing Market Summary for 49738
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $222.4K | $205K | -7.84% |
| Median Sold Price | $193.8K | $156.1K | -19.48% |
| Homes For Sale | 112 | 177 | 58.04% |
| Homes Sold | 83 | 65 | -21.69% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 49738
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctionsgrayling 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.
Compare Nearby Zip Codes
More Real Estate Resources for 49738
Guide for 49738





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 […]

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

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

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