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Featured local agent — Gray Summit, MO
Sarah Mitchell
Compass Real Estate · Gray Summit, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gray Summit, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$240,000median sale price
How is the Gray Summit, MO housing market right now?
The median home sale price in Gray Summit, MO is $240,000, up 6.7% year-over-year. Homes sell in an average of 36 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gray Summit a buyer's or seller's market?
Gray Summit, MO is currently a seller's market, based on 0.7 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
36
Average pace
Active listings
2
0.7 months supply
Sale-to-list
97.9%
Below asking
What does the Gray Summit housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $240,000 |
| Median list price | $301,950 |
| Year-over-year price change | +6.7% |
| Average days on market | 36 days |
| Active inventory | 2 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 97.9% |
| Median price per sq ft | $165/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Gray Summit by property type?
How the Gray Summit, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $240,000 | $165/sq ft | 3 | 36 days |
Source: Redfin · Updated monthly
The Gray Summit housing market is currently classified as a seller's market with a median sale price of $240,000. Prices have risen 6.7% compared to last year, with homes spending an average of 36 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Gray Summit
There are currently 2 homes listed for sale in Gray Summit, Missouri. The median listing price is $302K.
Active listings
2
Homes on market
Median list price
$302K
Avg. days on market
36
Days until sale
New this week
2
Newly listed
Who lives in Gray Summit?
Population
2,847
Median income
$54,883/yr
Median age
35.2 years
Owner-occupied
81.3%
College grads
16.1%
Avg commute
29 min
Source: U.S. Census Bureau ACS
What are homes worth in Gray Summit?
Zillow home value
$248,866
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Gray Summit?
Gray Summit is a community of approximately 3K residents with a median age of 35.2 years.The median household income is $54,883, which represents a working-class community with solid middle-income opportunities. 16.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 81.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 29 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gray Summit offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Gray Summit, MO?
Want a head-to-head view? Compare Gray Summit side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Gray Summit?
The median home sale price in Gray Summit is $240,000, up 6.7% from last year.
How long do homes stay on market in Gray Summit?
Homes typically spend 36 days on market before going under contract.
What is the median income in Gray Summit?
The median household income is $54,883 per year.
Is Gray Summit a buyer's or seller's market?
With 0.7 months of supply, Gray Summit is currently a seller's market.
What is the Zillow home value estimate for Gray Summit?
The Zillow Home Value Index (ZHVI) for Gray Summit is $248,866, representing the typical home value in the area.
How much does a single-family home cost in Gray Summit?
The median single-family home price in Gray Summit, MO is $240,000 (about $165 per square foot).
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