Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$245,600+4.6% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$53,241About 0.7× the local median income ($78,176): affordable for a typical household
Days on market88 daysFaster than a year ago: sellers have the edge
The typical home in Gray County, KS is worth $245,600, up 4.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $201,959, so the area is 21.6% overvalued. It is a seller's market: homes take about 88 days to sell, listings are down 35% from a year ago, 0% of listings have had a price cut. A household needs about $53,241 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,176. In the latest IRS figures, 85 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$245,600
Change in 1 year
+4.6%
Overvalued %
+21.6%
Show 6 more
Fair home value
$201,959
Change in 5 years
+37.9%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$1,331
Income needed to afford it
$53,241
Property tax rate
1.49%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$969
Market activity
Listings vs a year ago
−35.0%
Days on market
88
Listings with a price cut
0.0%
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Homes for sale
13
Pending sales per 100 listings
46
Asking price per sq ft
$209
People and jobs
Median household income
$78,176
Population change (1 year)
−0.7%
Unemployment rate
2.6%
Show 4 more
Population
5,652
Income adjusted for cost of living
$91,008
Net moves in (IRS)
−85
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
36.7
Flood risk score
10.2
Show 3 more
Wildfire risk score
39.1
Walkability (1 to 20)
5.8
Road, rail and air noise
54 dB
Questions people ask
Is Gray County, KS overvalued?
Home prices in Gray County, KS are well above what local incomes have historically supported: fair value is about $201,959, so the area is 21.6% overvalued.
Is Gray County, KS a buyer's or seller's market?
Gray County, KS is a seller's market: homes take about 88 days to sell, listings are down 35% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Gray County, KS?
Home values in Gray County, KS are up 4.6% over the last year.
How much do you need to earn to buy a home in Gray County, KS?
A household needs about $53,241 a year to afford the typical home in Gray County, KS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,176.