ZIP Code 49738

Name: ZIP Code 49738 Home Values | Grayling, MI
Creator: Zillow Research
License: https://www.zillow.com/research/data/

Grayling, MI

Median Home Value

$178,361

1-Year Change

+4.6%

5-Year Appreciation

+35.1%

10-Year Appreciation

+121.3%

20-Year Appreciation

N/A

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Download ZIP 49738 Data 172 months · Jan 2012 – Apr 2026

Home values · Market activity · Listings

↓ Download CSV — Free, no account Source: Zillow Research (ZHVI)

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Other ZIPs in MI 10YoY Appreciation

49735 Gaylord +97.1% 49736 Goetzville +65.8% 49740 Harbor Springs +110.4% 49743 Hawks +83.7% 49745 Hessel +106.4% 49668 Mesick +266.0% 49663 Manton +249.1% 48529 Burton +235.6%

About This Data

Home value data for ZIP code 49738 is sourced from Zillow Research (ZHVI — Zillow Home Value Index). Values represent the typical home value for the middle tier of the housing market.

Appreciation figures compare the most recent available month to the same period 1, 5, 10, and 20 years prior. Data covers 26,000+ U.S. ZIP codes.