$652 Closing Credit¹
#25010797, Listing Office: Century 21 Pinnacle
Gray Housing Market Report May 2025•Knox County, Kentucky
Housing Prices in Gray, KY
How much do homes in Gray, KY cost?
Housing Market Conditions
Is Gray, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Gray is a Seller's Market
Difference Since May 2024
Since last year, Gray has remained a Seller's Market.
Insight
Gray is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$148,000$225/SqFt
-$30,000
-16.9%
Based on all homes sold in the last 12 months
Insight
Homes in Gray have sold for 16.9% less than they did a year ago.
Summary: The median home sold price in Gray was $148,000 in May 2025, down 16.9% from last year, and the median price per square foot was $225.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Girdler | $155K | $164K | +5.8% |
| Camp Ground | $166K | $175K | +5.4% |
| Corbin | $210.2K | $205K | -2.5% |
| Gray | $178K | $148K | -16.9% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $115K | N/A |
| 22 Bedrooms | $203K | $140K | -31.0% |
| 33 Bedrooms | $161.2K | $134.5K | -16.6% |
| 44 Bedrooms | $379.9K | $148K | -61.0% |
| 55+ Bedrooms | $159K | $448.5K | +182.1% |
Summary: Gray housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -31.0%. The home price for 3 bedroom homes decreased by -16.6%. The home price for 4 bedroom homes decreased by -61.0%. The home price for 5 bedroom homes increased by +182.1%.
How does Gray, KY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Gray, KY
Housing supply in Gray, KY
How many homes are available in Gray, KY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthMay 2025 | ||
| 102 months agoApr 2025 | +10.0 % Change MoMApr – May |
Summary: The Gray real estate market had 11 homes for sale in May 2025, a 10.0 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthMay 2025 | ||
| 02 months agoApr 2025 | +100.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 5 | 6 | +20.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Gray housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Gray, KY cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Gray, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Gray in May 2025, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.
Days on Market for Gray, KY
How long does it take to sell a home in Gray, KY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Most homes in Gray are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2025, 3 homes were sold in Gray; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 96 DaysThis YearMay 2025 | ||
| 41 Days1 year agoMay 2024 | +132.1 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Gray had an average listing age of 96 days in May 2025, up by 132.1% compared to the previous year.
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Newest Listings in Gray, KY
What homes are available in Gray, KY?
$2,969 Closing Credit¹
#25009495, Listing Office: Creative Realty & Auction Co.
$1,182 Closing Credit¹
#25007176, Listing Office: Huddleston Real Estate
$2,672 Closing Credit¹
#25005194, Listing Office: Revolution Realty, LLC
#25004299, Listing Office: CENTURY 21 Advantage Realty
$1,303 Closing Credit¹
#25003902, Listing Office: Highland Heritage Realty
$3,432 Closing Credit¹
#25002310, Listing Office: Huddleston Real Estate
$2,304 Closing Credit¹
#24024591, Listing Office: CENTURY 21 Advantage Realty
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, for the period 06/01/2023 - 06/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 7:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.