Home prices
The value of the median home in Gray is $208,000. Compared to its surrounding areas this is about $102,480 (33%) lower.It is approximately $9,500 (4%) lower compared to the nation as a whole, and it is roughly $81,000 (28%) lower compared to the city of Portland.
Rents
In Gray the median rent is $981 per month. Compared to its nearby areas it is roughly $265 (21%) lower.Compared to the entire country it is roughly $81 (7%) lower, and it is roughly $143 (12%) lower compared to the city of Portland.
Nearby places
North Windham
North Windham is approximately 5 miles southwest of Gray. The housing prices there are a little more expensive. The median home in North Windham costs $229,500, which works out to $21,500 (9%) higher than Gray. Rents there are a bit more expensive. In North Windham the median monthly rent is $1,123, which works out to $142 (12%) higher than Gray.
Cumberland Center
Cumberland Center is roughly 6 miles southeast from Gray. Real estate prices there are substantially more expensive. The cost of the median home in Cumberland Center is $332,000, which is $124,000 (37%) higher than Gray. The rent there is a little more expensive. Cumberland Center's median monthly rent is $1,164, which comes out to $183 (15%) higher than Gray.
Yarmouth
Yarmouth is about 7 miles southeast of Gray. Real estate prices there are significantly more expensive. Yarmouth's median home value is $329,600, which works out to $121,600 (36%) higher than Gray. The rent there is somewhat more expensive. Yarmouth's median monthly rent is $1,201, which works out to $220 (18%) higher than Gray.
Freeport
Freeport is roughly 9 miles east of Gray. Its housing prices are a little less expensive. The median home in Freeport is valued at $177,400, which is $30,600 (17%) lower than Gray. Rents there are fairly similar. Freeport's median rent is $991 a month, which works out to $10 (1%) higher than Gray.
Falmouth Foreside
Falmouth Foreside is roughly 10 miles southeast of Gray. Real estate prices there are a lot more expensive. The median home value in Falmouth Foreside is $483,900, which is $275,900 (57%) higher than Gray. Its rents are substantially more expensive. Falmouth Foreside's median rent is $1,750 a month, which is $769 (43%) higher than Gray.
