Housing · Grey Forest

Grey Forest, TX housing market

The typical Grey Forest home is worth about $385,000, down 1.8% in a year, 29% above the Texas typical home.

Home values, sales, trends and how Grey Forest compares with the towns next door — updated as new data is published.

The market right now

Grey Forest at a glance

Typical home value
$385K
▼ 1.8% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

Grey ForestTexas
$150K$200K$250K$300K$350K$400K$450K 20182020202220242026 Grey Forest $385K Texas $299K
Show as a table
JanuaryGrey ForestTexas
2017$245,000$190,000
2018$265,000$202,000
2019$288,000$214,000
2020$303,000$223,000
2021$333,000$242,000
2022$373,000$286,000
2023$393,000$313,000
2024$388,000$311,000
2025$391,000$311,000
2026$386,000$303,000
August 2026$385,000$299,000
New construction

No new homes permitted in 2025

No permits for new homes were issued in Grey Forest in 2025. The last year with any was 2024 (1 new home).

New homes, 2025
0
1 in 2024
2026 so far
0
Jan–Aug
Single-familyTwo or more homes per building2026 so far
02468 2000: 5 homes 2000 2001: 6 homes 2002: 0 homes 2003: 3 homes 2004: 0 homes 2005: 1 home 2005 2006: 0 homes 2007: 0 homes 2008: 0 homes 2009: 0 homes 2010: 0 homes 2010 2011: 0 homes 2012: 0 homes 2013: 0 homes 2014: 3 homes (0 single-family, 3 in buildings with 2+ homes) 2015: 6 homes (0 single-family, 6 in buildings with 2+ homes) 2015 2016: 3 homes (0 single-family, 3 in buildings with 2+ homes) 2017: 6 homes (0 single-family, 6 in buildings with 2+ homes) 2018: 2 homes 2019: 7 homes (1 single-family, 6 in buildings with 2+ homes) 2020: 2 homes 2020 2021: 3 homes 2022: 0 homes 2023: 1 home 2024: 1 home 2025: 0 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents+9
New homes+27

Between the 2010 and 2020 censuses, Grey Forest gained 9 residents while 27 new homes were permitted: about 0.3 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Texas: 2.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024110$288,000
2023110$286,000
2022000—
2021330$718,000
2020220$475,000
2019716$195,000
2018220$390,000
2017606—
2016303—
2015606—
2014303—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005110$149,000
2004000—
2003330$409,000
2002000—
2001660$710,000
2000550$500,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

The homes

Owners, rent & taxes

Homeownership
93.5%
Median tax bill
$7,633
Typical home built
1949

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,930

HUD's Fair Market Rent for a two-bedroom in Grey Forest is $1,930 a month, utilities included: roughly what a modest, recently rented unit costs.

1 bedroom
$1,590
a month, with utilities
2 bedrooms
$1,930
a month, with utilities
3 bedrooms
$2,450
a month, with utilities

Studio $1,440 · 4 bedrooms $2,880

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (78023; San Antonio-New Braunfels, TX HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01