$3,444 Closing Credit*
$290,000
1,930 SqFt
3 Beds
•2 Full Baths, 1 Partial
Missy Skinner, Listing Office: HRP Realty
Is Gray, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Gray has remained a Seller's Market.
Key Takeaway
Gray is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gray, GA
How much do homes in Gray, GA cost?
Median Sold Price
$277,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,500(-2.6%)
Key Takeaway
Homes in Gray have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Gray was $277,500 in October 2024, down 2.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121.5K | $180K | +48.1% |
| 2 Bedrooms | $14K | $100K | +614.3% |
| 3 Bedrooms | $222.5K | $259K | +16.4% |
| 4 Bedrooms | $337.4K | $320K | -5.2% |
| 5+ Bedrooms | $356.5K | $380K | +6.6% |
Summary: Gray housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes increased by 614.3%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Gray-Macon East | $248.9K | $245K | -1.6% |
| Gray | $285K | $277.5K | -2.6% |
Housing Supply in Gray, GA
How many homes are available in Gray, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 42 | -12.5% |
Summary: The Gray real estate market had 42 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 21 | 22 | +4.8% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Gray housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gray, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Gray in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Gray, GA
How long does it take to sell a home in Gray, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 69 Days | +153.5% |
Summary: Homes in Gray had an average of 69 days on market in Oct 2024, up by 153.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gray has remained consistent over time.
Summary: During October 2024, 10 homes were sold in Gray; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Classic MLS. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.