Gray, ME housing market
The typical Gray home is worth about $525,000, up 7.1% in a year, 26% above the Maine typical home.
Home values, sales, trends and how Gray compares with the towns next door — updated as new data is published.
Gray at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Gray | Maine |
|---|---|---|
| 2017 | $244,000 | $207,000 |
| 2018 | $260,000 | $220,000 |
| 2019 | $274,000 | $234,000 |
| 2020 | $303,000 | $246,000 |
| 2021 | $348,000 | $287,000 |
| 2022 | $398,000 | $335,000 |
| 2023 | $436,000 | $367,000 |
| 2024 | $477,000 | $398,000 |
| 2025 | $491,000 | $411,000 |
| 2026 | $510,000 | $412,000 |
| August 2026 | $525,000 | $416,000 |
Gray and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Gray | $525K | +7.1% | — | $95,236 |
| Windham | $497K | +3.4% | 19 | $107,934 |
| New Gloucester | $433K | +2.1% | — | $108,797 |
| Raymond | $502K | +0.7% | — | $88,194 |
| North Yarmouth | $702K | +3.1% | — | $129,267 |
| Cumberland | $754K | +2.1% | — | $173,894 |
5.5 years of income
The typical Gray home costs about 5.5 years of the town's median household income, about the same as across Maine (5.6).
How Gray ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.