Gray, ME Housing Market & Real Estate

Seller's market-23.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Gray, ME is $612,500, down 23.4% year-over-year. Homes sell in an average of 52 days with 4 active listings. The market is currently a seller's market.

$612,500median sale price

Is Gray a buyer's or seller's market?

Seller's market1.0 months of supply52 avg. days on market

Gray, ME is currently a seller's market, based on 1.0 months of supply and homes selling in about 52 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

52

Average pace

Active listings

4

1.0 months supply

Sale-to-list

101.1%

Above asking

Gray, ME market data

Current housing market statistics for Gray, ME
MetricValue
Median sale price$612,500
Median list price$473,500
Year-over-year price change-23.4%
Average days on market52 days
Active inventory4 listings
Months of supply1.0 months
Sale-to-list price ratio101.1%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Gray housing market is currently classified as a seller's market with a median sale price of $612,500. Prices have fallen 23.4% compared to last year, with homes spending an average of 52 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Gray

There are currently 4 homes listed for sale in Gray, Maine. The median listing price is $474K.

Active listings

4

Homes on market

Median list price

$474K

Avg. days on market

52

Days until sale

New this week

4

Newly listed

Sale-to-list:101.1%

Top public schools in Gray

4 schools tracked · 1,508 students

The largest public schools serving Gray, ME by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Gray-New Gloucester High School

Grades 9-12 · 611 students

Public

Gray-New Gloucester Middle School

Grades 5-8 · 498 students

Public

Russell School

Grades K-2 · 202 students

Public

Fiddlehead School of Arts & Science

Grades PK-8 · 197 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Gray?

The median home sale price in Gray is $612,500, down 23.4% from last year.

How long do homes stay on market in Gray?

Homes typically spend 52 days on market before going under contract.

Is Gray a buyer's or seller's market?

With 1.0 months of supply, Gray is currently a seller's market.

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