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Featured local agent — Grays Prairie, TX
Sarah Mitchell
Compass Real Estate · Grays Prairie, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Grays Prairie, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$495,000median sale price
How is the Grays Prairie, TX housing market right now?
The median home sale price in Grays Prairie, TX is $495,000. Homes sell in an average of 32 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of August 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Grays Prairie a buyer's or seller's market?
Grays Prairie, TX is currently a balanced market and homes selling in about 32 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
32
Average pace
Active listings
—
Sale-to-list
97.1%
Below asking
What does the Grays Prairie housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $495,000 |
| Average days on market | 32 days |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $197/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Grays Prairie by property type?
How the Grays Prairie, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $495,000 | $197/sq ft | 1 | 32 days |
Source: Redfin · Updated monthly
The Grays Prairie housing market is currently classified as a balanced market with a median sale price of $495,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 32 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Grays Prairie
Explore homes currently listed for sale in Grays Prairie, Texas across major real estate platforms.
Who lives in Grays Prairie?
Population
378
Median income
$118,750/yr
Median age
45.3 years
Owner-occupied
92.9%
College grads
20.3%
Avg commute
55.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Grays Prairie?
Grays Prairie is a community of approximately 0K residents with a median age of 45.3 years.The median household income is $118,750, which reflects a relatively affluent area with strong earning potential. 20.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 55.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Grays Prairie offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Grays Prairie, TX?
Want a head-to-head view? Compare Grays Prairie side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Grays Prairie?
The median home sale price in Grays Prairie is $495,000, down 0.0% from last year.
How long do homes stay on market in Grays Prairie?
Homes typically spend 32 days on market before going under contract.
What is the median income in Grays Prairie?
The median household income is $118,750 per year.
How much does a single-family home cost in Grays Prairie?
The median single-family home price in Grays Prairie, TX is $495,000 (about $197 per square foot).
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