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Foreclosure Homes in Gray, LA

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Gray, LA Foreclosures

Current Market Conditions in in Gray, LA As of February 2026?
Over the past month, Gray's real estate market has continued to show resilience despite broader market fluctuations. Inventory levels remain relatively low, which is sustaining competitive pricing among available properties. Many homes are seeing multiple offers, indicating strong buyer interest. The average time on the market has decreased, which further highlights the demand for homes in the area.
How much do homes sell for in Gray, LA?
The average home price is currently $202,022.
In Gray, LA, how many homes are available?
There are currently 79 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 $10,280.

Living in Gray, LA

Gray, Louisiana is a quaint, family-oriented community located in Terrebonne Parish. It features a blend of suburban living with easy access to the city of Houma. The area is known for its charming neighborhoods, friendly atmosphere, and diverse recreational activities. Gray offers a variety of parks, local shops, and dining options, making it a desirable place for families and individuals alike.

Buyer vs Seller Market in Gray, LA

The real estate market in Gray, LA is currently experiencing healthy demand, fueled by the affordability of properties compared to nearby urban areas. Home prices have steadily increased over the past year, reflecting the area's growing popularity among families seeking a quieter lifestyle while staying close to urban amenities.

Investors are taking notice of Gray as an emerging market due to its excellent location and community-driven environment. With attractive housing options, including both single-family homes and larger lots, buyers are optimistic about future appreciation in property values.

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 $176,139.00. 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 $202,022.00, 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 $10,280.00. 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 Foreclosures


Market Trend for Gray, LA

Total Listings Available: 79

Market Values:

Home Prices from $10,280 to $3,982,926

Average Sales Price: $202,022

Rental Values:

Rental from $610 to $2,880

Average Rent Value: $1,463 / month

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