Gray, ME Foreclosures
How much do homes sell for in Gray, ME?
The average home price is currently $536,533.
In Gray, ME, how many homes are available?
There are currently 8 active home listings available in Gray.
What’s the average rental cost in Gray, ME?
The average rental price in Gray is $1,630.
What is the most expensive home in Gray?
The most expensive home sold in Gray had a price of $8,890,906.
What is currently the cheapest priced home in Gray, ME?
The cheapest home for sale in Gray is priced at $34,403.
Living in Gray, ME
Gray, ME is a picturesque town with a strong sense of community and access to outdoor recreational activities. It features top-tier schools and local shops, appealing to families and nature lovers. With beautiful landscapes and a friendly atmosphere, it's an excellent place to live, work, and play.
Current Market Conditions in Gray, ME
The real estate market in Gray, ME is currently experiencing steady growth. Increased demand for homes, particularly among families and retirees, has led to a competitive market. Newly constructed homes and well-maintained properties are highly sought after, driving prices upwards. The recent influx of new residents has also contributed to a tight housing inventory, showcasing the town’s increasing popularity.
There is a noticeable trend toward remote work, which has prompted many buyers to seek homes in peaceful, suburban areas like Gray, where they can enjoy a balance between work and nature. Furthermore, proximity to Portland, ME, has added to Gray's attractiveness as a commuter town.
Home Value Estimator For Gray, ME
There are currently 3,486 real estate properties
in Gray, ME,
with a median automated valuation model (AVM) price
of $500,294.00. 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, ME, 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, ME,
is $536,533.00, with the most expensive house
in Gray, ME, topping out
at $8,890,906.00 and the cheapest home
in Gray, ME,
clocking in at $34,403.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gray, ME!
Rent Prices
In Gray, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gray, ME, is on
a rollercoaster ride. The
average rent price in Gray, ME,
is $1,630.00. Indeed, when looking to rent in
Gray, ME, you can expect to pay as little
as $920.00 or as much
as $2,410.00,
with the average rent median estimated to
be $1,640.00. The good news is that finding
an affordable and desirable property to rent in Gray, ME
-- 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.
Learn more on Foreclosure homes
