Sign In Register

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
48%
53%
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 Market52
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory4
Price Per Sq Ft$311

Ownership & Stock

Owner-Occupied47.5%
Renter-Occupied52.5%
Homeownership Rate47.5%
Total Housing Units436
Median Year Built1954
Rent Burden23.6%