Gray Summit, MO

Buyer's market

Housing market overview · Updated weekly

$247,500median sale price

Homes sold

2

Last 12 weeks

Days on market

44

Average pace

Active listings

11

5.5 months supply

Sale-to-list

93.7%

Below asking

The Gray Summit housing market is currently classified as a buyer's market with a median sale price of $247,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 44 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Gray Summit

There are currently 11 homes listed for sale in Gray Summit, Missouri.

Active listings

11

Homes on market

Avg. days on market

44

Days until sale

Sale-to-list:93.7%

Explore nearby cities in MO

Frequently asked questions

What is the average home price in Gray Summit?

The median home sale price in Gray Summit is $247,500, down 0.0% from last year.

How long do homes stay on market in Gray Summit?

Homes typically spend 44 days on market before going under contract.

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

With 5.5 months of supply, Gray Summit is currently a buyer's market.

Get Gray Summit market alerts

Weekly updates on prices, inventory, and trends. Free forever.