Housing · Grayling
Grayling, MI housing market
The typical Grayling home is worth about $183,000, up 2.7% in a year, 31% below the Michigan typical home.
Home values, sales, trends and how Grayling compares with the towns next door — updated as new data is published.
The market right now
Grayling at a glance
Typical home value
$183K
▲ 2.7% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
GraylingMichigan
Show as a table
| January | Grayling | Michigan |
|---|---|---|
| 2017 | $85,000 | $144,000 |
| 2018 | $96,000 | $155,000 |
| 2019 | $108,000 | $165,000 |
| 2020 | $114,000 | $175,000 |
| 2021 | $130,000 | $194,000 |
| 2022 | $153,000 | $217,000 |
| 2023 | $162,000 | $230,000 |
| 2024 | $165,000 | $241,000 |
| 2025 | $180,000 | $253,000 |
| 2026 | $182,000 | $262,000 |
| August 2026 | $183,000 | $266,000 |
Nearby
Grayling and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Grayling | $183K | +2.7% | — | $65,127 |
| South Branch | $133K | +2.8% | — | $52,292 |
| Frederic | $204K | +7.2% | — | $65,333 |
Affordability
2.8 years of income
The typical Grayling home costs about 2.8 years of the town's median household income, less than across Michigan (3.7 years).
How Grayling ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
77.8%
Michigan: 73.2%
Median tax bill
$1,746
Michigan: $2,904
Median rent
$913
Michigan: $1,129
Typical home built
1980
Michigan: 1972
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.