Current Price

$465,376

1 Month Forecast

â–² $506,815

1-Year Forecast *

â–² $537,209

5-Year Forecast *

â–² $635,661

"Is it a good time to buy homes in Gray?" "Does investing in real estate in Gray (Maine State, Cumberland County) worth it?" According to our live Forecast System, buying a house in Gray is a good short-term (1-year) investment*. The Gray average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Gray" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Gray in Maine State, Cumberland County. If you are looking for homes for sale with good flipping profit, Gray can be a profitable property investment option. The median price of an average house in Gray was 465,376 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Gray" area is 635,661 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +36.59% meaning that investing 100000 USD today may yield a profit of 36,591 USD by 2031.

Current Median Listing Price: 465,376 USD Median Listing Price Per Square Foot: 259 USD

Gray Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Gray (Maine State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Gray Price Target

Gray median home price target in 12 months: $537,209* (upside of 15.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $502,398 $502,921 $502,398 $503,656
2024 $451,771 $465,376 $451,751 $465,376
2023 $413,656 $452,462 $413,656 $452,462
2022 $377,038 $412,063 $377,038 $418,412
2021 $329,864 $373,159 $329,864 $373,159
2020 $286,783 $323,383 $286,783 $323,383
2019 $259,422 $284,678 $258,432 $284,678
2018 $246,009 $259,960 $246,009 $260,248
2017 $230,862 $244,835 $230,862 $244,835
2016 $212,368 $229,901 $212,368 $229,901
2015 $204,310 $212,851 $204,110 $212,851
2014 $196,907 $204,564 $196,907 $204,994
2013 $184,784 $196,216 $183,109 $196,216
2012 $189,775 $185,318 $185,318 $189,775

Questions & Answers about the Gray Housing Market Forecast

How much does an average home cost in Gray today?

The value of an average home (the listing price) in Gray is $465,376 USD.

What is the average price per square foot in Gray?

According to Walletinvestor the median price per square foot in Gray is 259 USD.

Will the median listing price of homes in Gray grow / rise / go up?

Yes. The Gray home prices may rise from 465,376 USD to 537,209 USD in one year.

Is it profitable to invest in Gray homes?

Yes. The long-term profit potential is +15.44% in one year.

Will Gray house prices fall / drop?

No. See above.

What is the predicted price of a Gray home in 2030?

The predicted home sales price of a Gray home in 2030 in Gray is 611,715 USD.

What is the predicted price of a Gray home in 2035?

The predicted home sales price of a Gray home in 2035 in Gray is 767,177 USD.

Will real estate prices decrease in Gray?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Gray is the 6498. largest city in the United States, located in Maine State.

During the last 12 months the real estate prices in Cumberland, Gray decreased, looking at the past 12 months.

According to Walletinvestor's Gray real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.476% to 465,376 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 17.005% in 2021
  • 16.595% in 2022
  • 14.585% in 2023
  • 13.945% in 2024
  • 15.905% in 2025
  • 15.445% in 2026

Based on our Gray real estate market research and report the predicted sales prices will increase by 320.139% in the next 10 years.

Over the last 12 months, the value of homes in Gray fluctuated: increasing 3 times and decreasing 1 times.

Gray (Maine) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Gray Housing Market Forecast with Real Estate Prices for 2025
August 2025 506815 457147 556483
September 2025 510739 468858 552619
October 2025 514693 470944 558442
November 2025 518678 468366 568989
December 2025 522693 484014 561373
Gray Housing Market Forecast with Real Estate Prices for 2026
January 2026 522848 488863 556833
February 2026 521886 472307 571465
March 2026 522669 476151 569186
April 2026 524922 485553 564291
May 2026 528986 496718 561254
June 2026 533082 503229 562934
July 2026 537209 507663 566756
August 2026 541368 502390 580347
September 2026 545560 493186 597933
October 2026 549783 503052 596515
November 2026 552521 508319 596722
December 2026 550314 520597 580031
Gray Housing Market Forecast with Real Estate Prices for 2027
January 2027 547689 512636 582741
February 2027 545076 512916 577235
March 2027 544212 496865 591558
April 2027 546119 512806 579432
May 2027 548230 499986 596474
June 2027 551098 512521 589675
July 2027 554562 520179 588945
August 2027 558856 520854 596858
September 2027 563183 511933 614432
October 2027 567543 520437 614649
November 2027 571937 535333 608541
December 2027 576365 539477 613252
Gray Housing Market Forecast with Real Estate Prices for 2028
January 2028 580827 545977 615677
February 2028 585324 554302 616346
March 2028 588700 540426 636973
April 2028 589489 543509 635469
May 2028 588589 542679 634499
June 2028 588563 549129 627997
July 2028 591509 558385 624634
August 2028 595431 557919 632943
September 2028 598359 554678 642039
October 2028 598537 559632 637442
November 2028 598363 554682 642043
December 2028 599056 547537 650575
Gray Housing Market Forecast with Real Estate Prices for 2029
January 2029 601215 548909 653521
February 2029 603633 553532 653735
March 2029 605410 557582 653237
April 2029 606314 569329 643299
May 2029 611008 563961 658056
June 2029 611729 576249 647210
July 2029 611715 575624 647807
August 2029 612112 563143 661081
September 2029 612425 575067 649783
October 2029 612538 566598 658478
November 2029 611644 573111 650178
December 2029 616380 570151 662608
Gray Housing Market Forecast with Real Estate Prices for 2030
January 2030 621152 582640 659663
February 2030 625961 587151 664770
March 2030 630807 584758 676856
April 2030 635691 598185 673197
May 2030 635879 593275 678483
June 2030 634709 602973 666444
July 2030 635661 586079 685242
August 2030 638402 577753 699050
September 2030 643344 590590 696098
October 2030 648325 586734 709916
November 2030 653345 605650 701039
December 2030 658403 618240 698565
Gray Housing Market Forecast with Real Estate Prices for 2031
January 2031 663500 618382 708618
February 2031 668637 602442 734832
March 2031 671966 617537 726395
April 2031 669282 612393 726171
May 2031 666090 631453 700726
June 2031 662912 615182 710642
July 2031 661861 614869 708853
August 2031 664181 597763 730599
September 2031 666748 610075 723422
October 2031 670236 626000 714471
November 2031 674449 634657 714242
December 2031 679671 623258 736084
Gray Housing Market Forecast with Real Estate Prices for 2032
January 2032 684933 641097 728769
February 2032 690236 645371 735101
March 2032 695580 637847 753313
April 2032 700965 658206 743724
May 2032 706392 663302 749482
June 2032 711861 652065 771657
July 2032 715967 652962 778972

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.