House Prices

House Prices & Home Values Gray Hawk, KY 2026


Average Data

average house price$274,984
average size per house1974 ft²
average price per ft²140 $ / ft²

04/18/2026 - The value range (VR) for house prices in Gray Hawk, KY is $134/ sqft to $134/ sqft. An average home with 1974 sqft costs approximately $264,516 to $264,516. Gray Hawk, KY includes 1 ZIP codes and it is located in Jackson county. The lowest prices are found in ZIP 40434, while the highest are in ZIP 40434. The average price per sqare feet is $140. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Gray Hawk

40434136 $ / ft²




Historical development of home values in Gray Hawk

Year Estimated value (USD) Change vs. 2025
2010 $127,708 -53.6%
2011 $122,769 -55.4%
2012 $122,439 -55.5%
2013 $127,015 -53.8%
2014 $133,331 -51.5%
2015 $140,174 -49.0%
2016 $147,489 -46.4%
2017 $155,450 -43.5%
2018 $164,044 -40.3%
2019 $171,650 -37.6%
2020 $180,524 -34.4%
2021 $205,326 -25.3%
2022 $239,364 -13.0%
2023 $252,421 -8.2%
2024 $267,023 -2.9%
2025 $274,984 0.0%

Graph: estimated home values in Gray Hawk over time (USD)



Example: 100% financing house in Gray Hawk

Loan amount: $274,984

Interest rate: 6.00%

Fixed monthly payment: $1,648.67

Breakdown in the 1st month:
Interest portion: $1,374.92  –  Principal portion: $273.75

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,407.18 $3,376.84 $271,607.16
2 $16,198.90 $3,585.11 $268,022.05
3 $15,977.78 $3,806.23 $264,215.82
4 $15,743.02 $4,040.99 $260,174.83
5 $15,493.78 $4,290.23 $255,884.59
6 $15,229.17 $4,554.85 $251,329.75
7 $14,948.24 $4,835.78 $246,493.97
8 $14,649.98 $5,134.04 $241,359.93
9 $14,333.32 $5,450.69 $235,909.24
10 $13,997.13 $5,786.88 $230,122.35
11 $13,640.21 $6,143.80 $223,978.55
12 $13,261.28 $6,522.74 $217,455.81
13 $12,858.97 $6,925.05 $210,530.76
14 $12,431.85 $7,352.17 $203,178.59
15 $11,978.38 $7,805.64 $195,372.95
16 $11,496.95 $8,287.07 $187,085.88
17 $10,985.82 $8,798.20 $178,287.68
18 $10,443.16 $9,340.85 $168,946.83
19 $9,867.04 $9,916.98 $159,029.86
20 $9,255.38 $10,528.63 $148,501.22
21 $8,606.00 $11,178.02 $137,323.20
22 $7,916.56 $11,867.45 $125,455.75
23 $7,184.61 $12,599.41 $112,856.34
24 $6,407.50 $13,376.51 $99,479.83
25 $5,582.47 $14,201.55 $85,278.28
26 $4,706.55 $15,077.47 $70,200.81
27 $3,776.60 $16,007.41 $54,193.39
28 $2,789.30 $16,994.72 $37,198.68
29 $1,741.10 $18,042.91 $19,155.76
30 $628.25 $19,155.76 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Gray Hawk, KY


1500 sqft3900 sqft
Ø selling price$254,101$540,540
Ø fast selling$231,001$486,487
Ø high price sale$277,200$594,594

In 2026, houses in Gray Hawk, KY will be offered at an average price of $140 per square foot. A 1,500 sqft home priced at $254,101 is 23.28% more expensive per square foot than a 3,900 sqft home priced at $540,540. Home prices in Gray Hawk, KY vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $374,221. Sellers who can wait longer may achieve a higher price of up to $457,381.


Gray Hawk, KY: Travel Guide & Things to Do

Overview

Gray Hawk, KY is a small unincorporated community in Jackson County, Kentucky, set amid the Appalachian foothills.
Located along US 421 just north of McKee, Gray Hawk serves as a peaceful base for outdoor recreation and scenic drives.

Outdoor Adventures

Hikers and nature lovers find top things to do in Gray Hawk, KY in the Daniel Boone National Forest, including nearby S-Tree Campground and scenic overlooks.

The Sheltowee Trace National Recreation Trail passes close by, offering miles of backcountry trekking, birding, and photography.

A short drive brings you to Flat Lick Falls, a family-friendly county park with a picturesque waterfall, picnic shelters, and easy loop trails.

Local Amenities & Community

While the heart of Gray Hawk remains rural, travelers will find fuel, groceries, and local eateries in nearby McKee and along US 421.

Expect friendly hospitality, church-centered community events, and the slower pace that defines small-town Eastern Kentucky.

Getting There & Places to Stay

Visitors typically reach Gray Hawk via US 421 from I-75 at Berea or London, with good year-round road access.

Lodging options include cabins and hotels in McKee, London, and Berea, while campers favor S-Tree and Turkey Foot Campgrounds for creekside sites beneath hardwood forests.

Travel Tips

For the best experience in Gray Hawk, Kentucky, plan spring wildflower or fall foliage visits, check weather and trail conditions, and practice Leave No Trace.



FAQ – Home Values in Gray Hawk

What is the median home value in Gray Hawk in 2026?

In 2026, the typical home value in Gray Hawk is about $274,984 for an average home size of 1974 square feet. This corresponds to an average price of roughly $140 per square foot.

What is the average cost per square foot in Gray Hawk?

In 2026, homes in Gray Hawk sell for an average of around $140 per square foot, with a typical range between $134 and $134 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Gray Hawk is about 1974 square feet, with an estimated 2026 value around $274,984.



Locations close to Gray Hawk, KY

Hustonville, KY139 $ / ft²
Junction City, KY116 $ / ft²
Kings Mountain, KY68 $ / ft²
Danville, KY96 $ / ft²
Crab Orchard, KY147 $ / ft²
Brodhead, KY69 $ / ft²




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