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Condo Foreclosures in Gray, ME

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Gray, ME Foreclosures

Current Market Conditions in in Gray, ME As of February 2026?
Over the past month, the Gray real estate market has seen a slight increase in median home prices, attributed to a lower inventory of available homes and continued demand in the area. Sellers are receiving competitive offers, often above the asking price, indicating a healthy market. Active buyers are urged to act quickly, as homes are selling faster than in previous months.
How much do homes sell for in Gray, ME?
The average home price is currently $541,968.
In Gray, ME, how many homes are available?
There are currently 5 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 $8,790,331.
What is currently the cheapest priced home in Gray, ME?
The cheapest home for sale in Gray is priced at $33,532.

Living in Gray, ME

Gray, Maine offers a small-town lifestyle with beautiful landscapes and a tight-knit community. Residents enjoy outdoor pursuits, local dining, and access to quality education. Its mixture of tranquility and convenience makes Gray an appealing choice for families and individuals alike.

Buyer vs Seller Market in Gray, ME

The real estate market in Gray, ME is currently experiencing steady demand, with a variety of housing options available for buyers. The town's appeal as a suburban retreat continues to draw interest, especially among families looking for a serene environment with strong educational opportunities.

Despite economic fluctuations, Gray has maintained a stable property value trend, making it an attractive area for both first-time buyers and investors looking for rental properties.

Home Value Estimator For Gray, ME

There are currently 3,867 real estate properties in Gray, ME, with a median automated valuation model (AVM) price of $505,143.00. 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 $541,968.00, with the most expensive house in Gray, ME, topping out at $8,790,331.00 and the cheapest home in Gray, ME, clocking in at $33,532.00. 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.

Gray, ME Condos


Market Trend for Gray, ME

Total Listings Available: 5

Market Values:

Home Prices from $33,532 to $8,790,331

Average Sales Price: $541,968

Rental Values:

Rental from $920 to $2,410

Average Rent Value: $1,630 / month

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