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Foreclosure Homes in Gray, LA 70359

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Gray, LA Foreclosures

Current Market Conditions in in Gray, LA As of April 2026?
Over the past month, the Gray real estate market has seen a slight increase in home sales due to a seasonal uptick in buyers. The average days on market have decreased, indicating a quicker turnover for listings. Prices have remained stable, suggesting that buyer interest is strong, yet offers may still come in below listing prices as buyers are cautious in their spending.
How much do homes sell for in Gray, LA?
The average home price is currently $198,103.
In Gray, LA, how many homes are available?
There are currently 80 active home listings available in Gray.
What’s the average rental cost in Gray, LA?
The average rental price in Gray is $1,463.
What is the most expensive home in Gray?
The most expensive home sold in Gray had a price of $3,982,926.
What is currently the cheapest priced home in Gray, LA?
The cheapest home for sale in Gray is priced at $10,052.

Living in Gray, LA

Gray, Louisiana offers a quaint suburban atmosphere with close-knit community vibes. Residents enjoy proximity to both outdoor activities and urban conveniences, making it an attractive location for families. The area features parks, local businesses, and is known for its affordable housing.

Buyer vs Seller Market in Gray, LA

The real estate market in Gray, LA has shown steady growth over the past few years, with home values gradually increasing as demand for housing rises. This trend is driven by both local residents seeking more space for their families and new buyers drawn to the area for its affordable cost of living and community feel.

Inventories of available homes have been fluctuating, but there's a consistent interest in properties, particularly single-family homes. The market remains competitive, particularly for well-maintained homes in desirable neighborhoods.

Home Value Estimator For Gray, LA

There are currently 2,766 real estate properties in Gray, LA, with a median automated valuation model (AVM) price of $174,836.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gray, LA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gray, LA, is $198,103.00, with the most expensive house in Gray, LA, topping out at $3,982,926.00 and the cheapest home in Gray, LA, clocking in at $10,052.00. In other words, there’s something for every potential homebuyer or savvy investor in Gray, LA!

Rent Prices In Gray, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gray, LA, is on a rollercoaster ride. The average rent price in Gray, LA, is $1,463.00. Indeed, when looking to rent in Gray, LA, you can expect to pay as little as $610.00 or as much as $2,880.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Gray, LA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Gray, LA 70359 Foreclosures


Market Trend for Gray, LA

Total Listings Available: 80

Market Values:

Home Prices from $10,052 to $3,982,926

Average Sales Price: $198,103

Rental Values:

Rental from $610 to $2,880

Average Rent Value: $1,463 / month

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