The housing market in Gray, LA is showing a strong appreciation rate of 10.21% in the last year, which is higher than the US average of 8.27%. The median value of homes in Gray stands at $189,900, which is much lower than the national median value of $338,100. Despite the low values, the real estate market in Gray shows signs of strength and continues to trend upwards. Investors and homebuyers should take note of this promising market as it may be a great opportunity to purchase property in the area.
The median home cost in Gray is $189,900. Home appreciation the last 10 years has been 32.8%. Home Appreciation in Gray is up 10.5%.
Average Age of Homes
- The median age of Gray real estate is 27 years old
The Rental Market in Gray
- Renters make up 24.1% of the Gray population
- 0.0% of houses and apartments in Gray, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.