Grayling, MI is an affordable housing market compared to the national median house value. The median house value in Grayling is $145,000, which is well below the US median of $338,100. Additionally, Grayling has experienced a higher rate of appreciation over the last year than the national average at 16.52%, compared to 8.27%. This makes investing in real estate in Grayling a great option for those looking for a good return on their investment.
The median home cost in Grayling is $145,000. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Grayling is up 21.4%.
Average Age of Homes
- The median age of Grayling real estate is 52 years old
The Rental Market in Grayling
- Renters make up 43.9% of the Grayling population
- 5.6% of houses and apartments in Grayling, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.