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Gray, GA Water TowerPhoto: Mihand35 · CC BY-SA 4.0
Housing in Gray

45 homes sold in Gray in the last year, at a typical $308K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gray homes are listed.

Homes sold
45
June 2025 to May 2026
Typical sale price
$308K
median, weighted by sales
Price per square foot
$140
Georgia $186
Paid vs. asking
98.5%
20% sold over asking
For sale now
18
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 98% of Gray’s sales, at a typical $312K

45 homes sold in the year to May 2026.

Houses$312K

typical sale · 44 sold in 12 months

Per square foot
$140GA $181
Days to sell
122
Sold over asking
20%
Listings with a price cut
24%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $238K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

45 sales in the last year, against 96 in 2021 and a low of 23 in 2012. The typical sale went from $139K in 2016 to $308K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2012: 23 sold, typical $101K’122013: 25 sold, typical $79K2014: 28 sold, typical $139K’142015: 44 sold, typical $158K2016: 33 sold, typical $139K’162017: 44 sold, typical $161K2018: 56 sold, typical $184K’182019: 47 sold, typical $179K2020: 70 sold, typical $201K’202021: 96 sold, typical $256K2022: 53 sold, typical $275K’222023: 49 sold, typical $259K2024: 65 sold, typical $284K’242025: 45 sold, typical $304KLast 12 months: 45 sold, typical $308KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Gray

Houseat $140 a sq ft
The same money in Georgiaat $181 a sq ft

Is this asking price fair?

Check a listing against what Gray homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Gray are more common than before the pandemic, with about as many homes for sale

We read every month of Gray’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 45 sales.

If you’re buying in Gray

  • Shop in March. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
  • Bid near asking. Buyers paid 98.5% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 122 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

March has the most new listings (about 8 a month), but November is the most competitive: 25% of November sales close over asking. October has the least competition (7%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 4 new listings a month, 17% sold over asking, 83 days to sellJFeb: 6 new listings a month, 13% sold over asking, 103 days to sellFMar: 8 new listings a month, 11% sold over asking, 104 days to sellMApr: 6 new listings a month, 10% sold over asking, 78 days to sellAMay: 4 new listings a month, 21% sold over asking, 68 days to sellMJun: 5 new listings a month, 19% sold over asking, 101 days to sellJJul: 4 new listings a month, 14% sold over asking, 86 days to sellJAug: 6 new listings a month, 8% sold over asking, 98 days to sellASep: 5 new listings a month, 14% sold over asking, 103 days to sellSOct: 5 new listings a month, 7% sold over asking, 93 days to sellONov: 4 new listings a month, 25% sold over asking, 95 days to sellNDec: 3 new listings a month, 14% sold over asking, 75 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Georgia as a whole

Gray now2017–192021 peakGA now
Sold over askingShare of sales that closed above the list price20%12%21%17%
Gone within two weeksShare of homes under contract within 14 days30%1%20%19%
Listings with a price cutShare of homes for sale that cut their price24%—10%27%
Price paid vs. askingAverage sale price ÷ list price98.5%96.9%98.7%97.6%
Days to sellMedian days from listing to contract122938663
Supply

17 homes for sale on a typical day

That’s 1.8 times the 2013 low (9), about the 2017–19 level and well under 2019’s 23.

2012: 19 for sale’122013: 9 for sale2014: 15 for sale2015: 19 for sale’152016: 14 for sale2017: 13 for sale2018: 16 for sale’182019: 23 for sale2020: 20 for sale2021: 23 for sale’212022: 11 for sale2023: 13 for sale2024: 21 for sale’242025: 17 for saleLast 12 months: 17 for saleNow
Room to negotiate

1 in 4 listings has cut its price

24% in the last year, against — in 2017–19 and 27% across Georgia.

2021: 10%’212022: 19%2023: 13%2024: 21%’242025: 19%Last 12 months: 24%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Gray home costs about $1,958 a month

Mortgage
Property tax
Insurance
Rent

Price: Gray’s typical sale, last 12 months. Property tax at Gray’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gray is affordable on local pay is on Cost of living.

Before you buy in Gray

Six things worth knowing

8

New listings in March

The month with the most choice. December has the fewest, about 3.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $308K home, about $4,210 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Gray, from test results, graduation and how much students grow.

Schools in Gray
29 min

Typical commute

The average one-way trip to work for people who live in Gray.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Macon-Bibb County and Milledgeville sell for less a square foot

The busier markets within 25 miles of Gray, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Macon-Bibb County1,889$210K$11814%63
Milledgeville86$213K$12010%63
Forsyth55$306K$14525%85
Gray45$308K$14020%122
Monticello38$216K$14824%58

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Gray, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gray. People who follow the town see it, and so do people comparing Gray with their own town. No commission, no listing fee.

Questions about buying a home in Gray

What do homes sell for in Gray, GA?

45 homes sold in the year to May 2026 at a typical $308K, $140 a square foot.

Is Gray a buyer’s or seller’s market?

A seller’s market: 18 homes were for sale in May 2026 and 5 sold, about 3.6 months of supply. Buyers paid 98.5% of asking on average, and 24% of listings cut their price.

When is the best time to buy in Gray?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Gray?

About 1.4% of a home’s value a year. On a $308K home that’s near $4,210.

Where can I see homes for sale in Gray?

Zillow, Redfin, Realtor.com and Homes.com all carry Gray’s MLS listings; the search links above open each one filtered to Gray.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).