As of today, , there are 16 properties for sale in the 49738 area and 16 properties listed for sale in the city of Grayling. This single family residential home at 4391 W M 72 Hwy in ZIP code 49738 was last listed for $206,000. This is 15% above the current $179,375 median price for Grayling and 15% above the median of $179,375 for the ZIP code. Of the 16 properties for sale in Grayling, 16 are single family homes and 0 are condos. 4391 W M 72 Hwy is a single family residential home that is approximately — square feet, 100% below the city median of 1,542 and 100% below the 49738 ZIP code median of 1,542. The price per Sqft was — which is 100% below the current median price in 49738 of $90 and 100% below the Grayling median of $90 per square foot.