Gray, MN is a great place to live with its housing median value of $265,800. Compared to the rest of the United States where the house median value is $338,100, Gray is an affordable option for homebuyers. Additionally, over the past year the appreciation rate in Gray has been 9.54%, higher than the US House Appreciation rate at 8.27%. Therefore, now may be a good time for potential homebuyers to consider purchasing a home in Gray as it offers a great combination of affordability and strong appreciation potential.
The median home cost in Gray is $265,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Gray is up 14.7%.
Average Age of Homes
- The median age of Gray real estate is 51 years old
The Rental Market in Gray
- Renters make up 2.0% 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.