Gray, ME
Full City Profile · Maine · Cumberland County County
3.8
/5.0
B+
Good
810
Population
276/sq mi density
$125,838
Median Income
$64,475 per capita
$312,000
Home Value
$495,234 Zillow
46°F
Avg Temperature
259 sunny days/yr
35
Violent Crime/100K
869 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$125,838 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$312,000 home value, /mo rent
F
Safety
1.0 / 5.0
35 violent crimes/100K
A
Education
4.1 / 5.0
38.7% bachelor's degree or higher
Housing Overview
Median Home Value
$312,000
11% above
US avg: $281,900
Homeownership Rate
47.5%
27% below US avg (65.4%)
Total Housing Units
436
Median year built: 1954
Home Value by Source
Census Median
$312,000
Zillow (ZHVI)
$495,234
Median Sale Price
$612,500
Median List Price
$473,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
47.5%
Owner-Occupied
52.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Market Indicators (Redfin)
Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$311
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
23.6%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
47.5%
Complete Housing Data
Home Values
| Census Median Value | $312,000 |
| Zillow Home Value (ZHVI) | $495,234 |
| Median Sale Price | $612,500 |
| Median List Price | $473,500 |
| Price Per Sq Ft | $311 |
Rent
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
| Days on Market | 52 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 4 |
| Active Inventory | 4 |
| Price Per Sq Ft | $311 |
Ownership & Stock
| Owner-Occupied | 47.5% |
| Renter-Occupied | 52.5% |
| Homeownership Rate | 47.5% |
| Total Housing Units | 436 |
| Median Year Built | 1954 |
| Rent Burden | 23.6% |
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