As of , there are 16 properties listed for sale in the city of Grayling and 16 properties listed for sale in the ZIP code 49738. Those 16 Grayling properties include 16 single family homes and 0 condos. This single family residential home located at 1407 N Manistee River Rd in 49738 was last listed for $209,833. This is 17% above the median of $179,375 for that ZIP code and 17% above the current median price of $179,375 for Grayling. 1407 N Manistee River Rd is roughly — square feet, which is 100% below the Grayling median of 1,542 and 100% below the 49738 ZIP code median of 1,542. This property's price per square foot was —, which is 100% below the current median price in 49738 of $90 and 100% below the Grayling median of $90 per square foot.