503 E Michigan Ave, Grayling, MI 49738
Property image
Property image
OFF MARKET

$139,400

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,016 sqft

503 E Michigan Ave, Grayling, MI 49738

Est. Refi. Payment $926/mo*
Refinance Your Home
Currently Off Market - Sold Apr 3, 2015 for $24,000

Home Value

Trulia Estimate
$139K
Since last month
Increased$5K (+3.8%)
Since last year
Decreased$4K (-2.9%)
Since last sale
Increased$115K (+480.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +433% in the last 10 years
MonthEstimated value
2026
August 2026$139K
August 2026$139K
July 2026$134K
June 2026$140K
May 2026$130K
April 2026$124K
March 2026$129K
February 2026$122K
January 2026$127K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
700 E Michigan Ave, Grayling, MI
0.11
Single-Family Home
$125,000
10/29/25
4
2
2,201
713 E Michigan Ave, Grayling, MI
0.14
Single-Family Home
$175,000
05/08/26
3
1.5
1,558
306 Chestnut St, Grayling, MI
0.06
Single-Family Home
$1,586
11/24/25
4
1.5
1,600
701 Chestnut St, Grayling, MI
0.24
Single-Family Home
$240,000
01/09/26
5
1.5
2,250
603 Maple St, Grayling, MI
0.18
Single-Family Home
$95,000
05/20/26
3
1
1,053
205 Park St, Grayling, MI
0.17
Single-Family Home
$90,000
06/15/26
2
1
1,031
502 Plum St, Grayling, MI
0.24
Single-Family Home
$182,000
09/29/25
3
3
2,464
403 Erie St, Grayling, MI
0.26
Single-Family Home
$225,000
06/11/26
4
1
1,650
809 Maple St, Grayling, MI
0.37
Single-Family Home
$74,950
06/29/26
3
1
1,288
109 State St, Grayling, MI
0.31
Single-Family Home
$88,000
01/21/26
2
1
1,134

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
403 Maple St, Grayling, MI 49738
0.02
$140,300
2
1
1,036
Off Market
305 Maple St, Grayling, MI 49738
0.07
$267,900
4
3
2,026
Off Market
701 E Michigan Ave, Grayling, MI 49738
0.10
$182,100
3
2
2,276
Off Market
501 Ionia St, Grayling, MI 49738
0.09
$157,500
3
1.5
1,970
Off Market
301 Chestnut St, Grayling, MI 49738
0.10
$137,400
3
1
2,100
Off Market
713 E Michigan Ave, Grayling, MI 49738
0.14
$175,000
3
1.5
1,558
Recently Sold
300 Park St, Grayling, MI 49738
0.14
$211,000
4
2
2,000
Off Market
304 Peninsular Ave, Grayling, MI 49738
0.14
$140,100
1
2
800
Off Market
204 Chestnut St, Grayling, MI 49738
0.15
$129,800
2
1
1,216
Off Market
306 Elm St, Grayling, MI 49738
0.17
$105,200
4
1
1,360
Off Market
602 Maple St, Grayling, MI 49738
0.17
$147,600
6
2.5
4,954
Off Market
401 Ogemaw St, Grayling, MI 49738
0.17
$161,900
2
1
1,379
Off Market

Local Information

  • Map ViewExplore the area around 503 E Michigan Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
2,016 sqft
Price/Sqft
$69
Parking
Garage

About this House

Older 2 story home in the city of grayling. 4 bedrooms, 2 baths, located in the city. 30 x 24 pole barn in back. Needs some TLC. office listing #6949
503 E Michigan Ave, Grayling, MI 49738 is a 4 bedroom, 2 bathroom, 2,016 sqft single-family home. It last sold for $24,000 on Apr 3, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $139,400, with a rent estimate of $1,884/month.

Home Details for 503 E Michigan Ave

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Interior Details
Types of Rooms: Dining Room, Family Room
Appliances & Utilities
DryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: OtherExterior: Other
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 7200 sqft

Price and Tax history

DateEventPrice
Sep 9, 2015
Source: Agent Provided
ListingRemoved
$24,900
Apr 3, 2015
Source: WWMLS #295133
Sold
$24,000
Feb 26, 2015
Source: Agent Provided
Listed For Sale
$24,900

Market trends in Grayling

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
79

Around this home

What Locals Say about Grayling

At least 32 Trulia users voted on each feature.

  • 92 % Say yards are well-kept

  • 87 % Say parking is easy

  • 86 % Say it's dog friendly

  • 85 % Say car is needed

  • 82 % Say there's wildlife

  • 77 % Say there's holiday spirit

  • 68 % Say people would walk alone at night

  • 68 % Say it's quiet

  • 67 % Say neighbors are friendly

  • 62 % Say they plan to stay for at least 5 years

  • 61 % Say kids play outside

  • 49 % Say it's walkable to restaurants

  • 48 % Say there are community events

  • 48 % Say streets are well-lit

  • 34 % Say it's walkable to grocery stores

  • 22 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Christian Goodwin
    "Downtown has events pretty often, though I’ve never attended. This is also the kickoff point for the AuSable Canoe marathon, town is packed for this event and the downtown area is closed off the whole weekend to traffic for the festivities. "
    0
    Flag
  • Tara Sotirin
    "It’s a friendly place and there’s a lot of community involvement. If there’s an event in town almost everyone shows up"
    1
    Flag
  • Tara Sotirin
    "It’s a friendly atmosphere and lots of family events. A very active little town with lots of outdoor things to do and small to big events each month. We’ve enjoyed living here."
    0
    Flag
  • Uabadgirl687337
    " Most families don't live here year around so it's quite. But when they come up on the weekends it nice to see children playing in the pool. "
    0
    Flag
  • Brian W.
    "I have lived here for a year now. I'm from Ohio. I really like it here!! very small and quiet and plenty to do outside."
    0
    Flag
  • Talia_piper
    "A lot of people walk the neighborhood with there dogs or kids. People are friendly and invite each other to bonfires or are willing to let your dog out if something comes up. Trustworthy and let a neighbor borrow something or help out with yard work. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 503 E Michigan Ave

  • What is 503 E Michigan Ave estimated to be worth?
    Trulia's estimated value for 503 E Michigan Ave in Grayling, MI is $139,400.
  • What is the price history for 503 E Michigan Ave?
    503 E Michigan Ave in Grayling, MI last sold for $24,000 in April 2015.
  • Is Grayling a buyer's or seller's market?
    Grayling is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Grayling?
    Residents describe Grayling, MI as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Grayling, MI.
  • Does 503 E Michigan Ave have laundry facilities?
    Yes, 503 E Michigan Ave in Grayling, MI has in-unit laundry.
  • How big is the lot at 503 E Michigan Ave?
    The lot at 503 E Michigan Ave in Grayling, MI is about 0.17 acres (7,200 sq ft).

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