Grayling, MI homes for sale & real estate

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ABOUT THIS HOME
Grayling, MI Homes for Sale
Welcome to Northwood Estates in Grayling township! 38 lots available out of 41 total! With only 3 houses built in the sub, there are so many nice lots to be able to look over & choose from. .. . AND the best part- these already have underground utilities installed including: natural gas, electric & high-speed internet, so no added expense for those! Municipal water is slated to be available for the entire neighborhood soon & the only things needed is a septic system, your new home build & YOU! All lots are approximately 1/2 acre each & have some mature trees. Great location near everything including schools, library, snowmobile trails & about a mile from

$19,800

Land0.46 acre (lot)

Lot 11 Northwood Dr, Grayling, MI 49738

Snowmobile trails • High-speed internet • Municipal water

ABOUT THIS HOME
Grayling, MI Homes for Sale
Welcome to Northwood Estates in Grayling township! 38 lots available out of 41 total! With only 3 houses built in the sub, there are so many nice lots to be able to look over & choose from. .. . AND the best part- these already have underground utilities installed including: natural gas, electric & high-speed internet, so no added expense for those! Municipal water is slated to be available for the entire neighborhood soon & the only things needed is a septic system, your new home build & YOU! All lots are approximately 1/2 acre each & have some mature trees. Great location near everything including schools, library, snowmobile trails & about a mile from

$19,800

Land0.49 acre (lot)

Lot 13 Northwood Dr, Grayling, MI 49738

Snowmobile trails • High-speed internet • Municipal water

ABOUT THIS HOME
Grayling, MI Homes for Sale
Welcome to Northwood Estates in Grayling township! 38 lots available out of 41 total! With only 3 houses built in the sub, there are so many nice lots to be able to look over & choose from. .. . AND the best part- these already have underground utilities installed including: natural gas, electric & high-speed internet, so no added expense for those! Municipal water is slated to be available for the entire neighborhood soon & the only things needed is a septic system, your new home build & YOU! All lots are approximately 1/2 acre each & have some mature trees. Great location near everything including schools, library, snowmobile trails & about a mile from

$19,800

Land0.50 acre (lot)

Lot 15 Northwood Dr, Grayling, MI 49738

High-speed internet • Municipal water • Electric

ABOUT THIS HOME
Grayling, MI Homes for Sale
Welcome to Northwood Estates in Grayling township! 38 lots available out of 41 total! With only 3 houses built in the sub, there are so many nice lots to be able to look over & choose from. .. . AND the best part- these already have underground utilities installed including: natural gas, electric & high-speed internet, so no added expense for those! Municipal water is slated to be available for the entire neighborhood soon & the only things needed is a septic system, your new home build & YOU! All lots are approximately 1/2 acre each & have some mature trees. Great location near everything including schools, library, snowmobile trails & about a mile from

$19,800

Land0.50 acre (lot)

Lot 20 Northwood Dr, Grayling, MI 49738

High-speed internet • Municipal water • Electric

ABOUT THIS HOME
Grayling, MI Homes for Sale
Welcome to Northwood Estates in Grayling township! 38 lots available out of 41 total! With only 3 houses built in the sub, there are so many nice lots to be able to look over & choose from. .. . AND the best part- these already have underground utilities installed including: natural gas, electric & high-speed internet, so no added expense for those! Municipal water is slated to be available for the entire neighborhood soon & the only things needed is a septic system, your new home build & YOU! All lots are approximately 1/2 acre each & have some mature trees. Great location near everything including schools, library, snowmobile trails & about a mile from

$19,800

Land0.50 acre (lot)

Lot 26 Northwood Dr, Grayling, MI 49738

High-speed internet • Municipal water • Electric

Property at Lot 27 Northwood Dr, Grayling, MI 49738

$19,800

Land0.50 acre (lot)

Lot 27 Northwood Dr, Grayling, MI 49738

Property at Lot 22 Northwood Dr, Grayling, MI 49738

$19,800

Land0.50 acre (lot)

Lot 22 Northwood Dr, Grayling, MI 49738

Property at Lot 23 Northwood Dr, Grayling, MI 49738

$19,800

Land0.50 acre (lot)

Lot 23 Northwood Dr, Grayling, MI 49738

Property at Lot 24 Northwood Dr, Grayling, MI 49738

$19,800

Land0.50 acre (lot)

Lot 24 Northwood Dr, Grayling, MI 49738

Property at Lot 18 Northwood Dr, Grayling, MI 49738

$19,800

Land0.50 acre (lot)

Lot 18 Northwood Dr, Grayling, MI 49738

Property at Lot 25 Northwood Dr, Grayling, MI 49738

$19,800

Land0.50 acre (lot)

Lot 25 Northwood Dr, Grayling, MI 49738

Property at 0000 E North Down River Rd Lot 364, Grayling, MI 49738

$4,500

Land9,147 sq ft (lot)

0000 E North Down River Rd Lot 364, Grayling, MI 49738

(888) 501-7085

Property at V/L 6 Lots Battalion Blvd Lot 1-2-3-48-49-50, Grayling Township, MI 49738

$9,500

Land

V/L 6 Lots Battalion Blvd Lot 1-2-3-48-49-50, Grayling Township, MI 49738

Property at Parcel A I-75 Business Loop, Grayling, MI 49738

$174,800

Land2.90 acres (lot)

Parcel A I-75 Business Loop, Grayling, MI 49738

Property at Parcel B I-75 Business Loop, Grayling, MI 49738

$174,800

Land2.90 acres (lot)

Parcel B I-75 Business Loop, Grayling, MI 49738

Property at Parcel C I-75 Business Loop, Grayling, MI 49738

$174,800

Land2.90 acres (lot)

Parcel C I-75 Business Loop, Grayling, MI 49738

Property at Parcel D I-75 Business Loop, Grayling, MI 49738

$174,800

Land2.90 acres (lot)

Parcel D I-75 Business Loop, Grayling, MI 49738

Property at Helen Dr Lot : 31, Grayling Township, MI 49738

$15,900

Land0.52 acre (lot)

Helen Dr Lot : 31, Grayling Township, MI 49738

(989) 348-9199

Property at 0 Palmer Pl, Grayling Township, MI 49738

$60,000

Land2.00 acres (lot)

0 Palmer Pl, Grayling Township, MI 49738

(810) 355-6200

Viewing page 4 of 4

Average home prices near Grayling, MI

Cities

Lakes of the North homes for sale
$254,500
Roscommon homes for sale
$109,900
Bear Lake homes for sale
$337,450
Manistee Lake homes for sale
$274,900

Zip Codes

49738 homes for sale
$217,450

Grayling, MI real estate trends

All Home Types trends in Grayling, MI

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$142,406

-21.8% YoY | Aug 2026

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Aug 2026

Growth

% YoY

Grayling, MI

$142,406

-21.8%

See more Grayling, MI market insights

More to explore in Grayling, MI

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