Gray County, TX home prices
Gray County, TX: the typical home is worth $99,249 as of 2026-05, down -5.6% over the past year and n/a since 2000. Listings run about $76/sq ft. Rent…
Gray County is falling and undervalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1982: $64,662 → 2026: $99,249 (1.5×) pre-2000 estimated via FHFA index
Market read
At $99,249, homes in Gray County sit 54% below the Texas median ($214,793) and 58% below the US median ($233,954). That ranks #230 of 243 Texas counties by price.
Prices are cooling (-5.6% in the last year) — leaning buyer's market.
Homes here take a while to sell — a median 67 days on the market, with 21% of listings cutting their asking price.
At 1.7× local income, that's more affordable than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~54% cheap for local incomes and rents — a relative bargain.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Carson County, TX ($168,323) · Donley County, TX ($129,628) · Wheeler County, TX ($99,758) · Hemphill County, TX ($173,514) · Collingsworth County, TX ($94,967) · Armstrong County, TX ($243,355)
Frequently asked questions
What is the average home price in Gray County, TX?
Are home prices in Gray County rising or falling?
Is Gray County affordable?
How fast do homes sell in Gray County?
| Year | Median home value |
|---|---|
| 2009 | $80,627 |
| 2010 | $79,839 |
| 2011 | $79,111 |
| 2012 | $83,711 |
| 2013 | $85,705 |
| 2014 | $90,529 |
| 2015 | $94,700 |
| 2016 | $92,274 |
| 2017 | $87,016 |
| 2018 | $82,361 |
| 2019 | $89,260 |
| 2020 | $88,262 |
| 2021 | $97,609 |
| 2022 | $100,875 |
| 2023 | $104,347 |
| 2024 | $108,998 |
| 2025 | $102,291 |