House Prices & Home Values Gray, LA 2026

Average Data

average house price	$230,520
average size per house	1842 ft²
average price per ft²	126 $ / ft²

06/24/2026 - The value range (VR) for house prices in Gray, LA is $124/ sqft to $124/ sqft. An average home with 1842 sqft costs approximately $228,408 to $228,408. Gray, LA includes 1 ZIP codes and it is located in Terrebonne county. The lowest prices are found in ZIP 70359, while the highest are in ZIP 70359. The average price per sqare feet is $126. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Gray

70359

123 $ / ft²

Historical development of home values in Gray

Year	Estimated value (USD)	Change vs. 2025
2010	$107,058	-53.6%
2011	$102,918	-55.4%
2012	$102,641	-55.5%
2013	$106,477	-53.8%
2014	$111,772	-51.5%
2015	$117,508	-49.0%
2016	$123,640	-46.4%
2017	$130,314	-43.5%
2018	$137,518	-40.3%
2019	$143,895	-37.6%
2020	$151,333	-34.4%
2021	$172,126	-25.3%
2022	$200,660	-13.0%
2023	$211,605	-8.2%
2024	$223,847	-2.9%
2025	$230,520	0.0%

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

Example: 100% financing house in Gray

Loan amount: $230,520

Interest rate: 6.00%

Fixed monthly payment: $1,382.08

Breakdown in the 1st month:
Interest portion: $1,152.60 – Principal portion: $229.48

Yearly breakdown (100% financing)

Year	Interest per year ($)	Principal per year ($)	Remaining balance at year-end ($)
1	$13,754.19	$2,830.81	$227,689.19
2	$13,579.60	$3,005.41	$224,683.78
3	$13,394.23	$3,190.78	$221,493.00
4	$13,197.43	$3,387.58	$218,105.42
5	$12,988.49	$3,596.52	$214,508.90
6	$12,766.66	$3,818.34	$210,690.56
7	$12,531.16	$4,053.85	$206,636.71
8	$12,281.12	$4,303.88	$202,332.83
9	$12,015.67	$4,569.34	$197,763.50
10	$11,733.84	$4,851.16	$192,912.33
11	$11,434.64	$5,150.37	$187,761.96
12	$11,116.97	$5,468.03	$182,293.93
13	$10,779.72	$5,805.29	$176,488.64
14	$10,421.66	$6,163.35	$170,325.29
15	$10,041.52	$6,543.49	$163,781.80
16	$9,637.93	$6,947.08	$156,834.72
17	$9,209.45	$7,375.56	$149,459.16
18	$8,754.54	$7,830.47	$141,628.69
19	$8,271.57	$8,313.43	$133,315.26
20	$7,758.82	$8,826.19	$124,489.07
21	$7,214.44	$9,370.57	$115,118.50
22	$6,636.48	$9,948.52	$105,169.97
23	$6,022.88	$10,562.13	$94,607.85
24	$5,371.43	$11,213.58	$83,394.27
25	$4,679.80	$11,905.21	$71,489.06
26	$3,945.51	$12,639.49	$58,849.57
27	$3,165.94	$13,419.07	$45,430.50
28	$2,338.28	$14,246.73	$31,183.77
29	$1,459.57	$15,125.43	$16,058.34
30	$526.67	$16,058.34	$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, LA

	1500 sqft	3900 sqft
Ø selling price	$228,691	$486,487
Ø fast selling	$207,901	$437,838
Ø high price sale	$249,481	$535,135

In 2026, houses in Gray, LA will be offered at an average price of $126 per square foot. A 1,500 sqft home priced at $228,691 is 22.68% more expensive per square foot than a 3,900 sqft home priced at $486,487. Home prices in Gray, LA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $336,798. Sellers who can wait longer may achieve a higher price of up to $411,643.

Discover Gray, LA

Overview

Gray, LA is a welcoming community in Terrebonne Parish at the heart of the Houma-Thibodaux region.
Known for small-town charm and Cajun hospitality, Gray offers a convenient base to explore Bayou Country.

Location & Access

Located just off US Highway 90 and LA 24, Gray, LA provides quick access to Houma, Thibodaux, and the broader Gulf Coast corridor.
Travelers appreciate its central location for business, healthcare, and shopping while enjoying quieter residential streets.

Culture & Nature

The culture of Gray celebrates Cajun music, seafood traditions, and community festivals that highlight life along the bayous.
Nearby wetlands, boat launches, and nature trails make it easy to enjoy fishing, birding, and scenic paddling year-round.

Economy & Education

The local economy connects to energy, marine services, and small businesses that serve the Houma-Thibodaux metropolitan area.
Education and workforce training are supported by nearby institutions like Nicholls State University and Fletcher Technical Community College.

Plan Your Visit

Visitors will find family-friendly restaurants, regional boutiques, and services that meet everyday needs without big-city hassle.
Whether you?re planning a move or a weekend escape, Gray, LA offers authentic bayou living with modern convenience.

FAQ – Home Values in Gray

What is the median home value in Gray in 2026?

In 2026, the typical home value in Gray is about $230,520 for an average home size of 1842 square feet. This corresponds to an average price of roughly $126 per square foot.

What is the average cost per square foot in Gray?

In 2026, homes in Gray sell for an average of around $126 per square foot, with a typical range between $124 and $124 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 is about 1842 square feet, with an estimated 2026 value around $230,520.

Locations close to Gray, LA

Houma, LA	168 $ / ft²
Labadieville, LA	103 $ / ft²
Larose, LA	102 $ / ft²
Grand Isle, LA	186 $ / ft²
Golden Meadow, LA	244 $ / ft²
Gibson, LA	112 $ / ft²

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