House Prices

Dry Mills Gray, ME House Prices & Home Values 2026


Average Data

average house price$388,443
average size per house2254 ft²
average price per ft²169 $ / ft²

04/05/2026 - The value range (VR) for house prices in Dry Mills Gray, ME is $160.55/ sqft to $177.45/ sqft. An average home with 2254 sqft costs approximately $353,919 to $391,173. Gray, ME includes 1 ZIP codes and it is located in Cumberland county. The lowest prices are found in ZIP 04039, while the highest are in ZIP 04039. The average price per sqare feet is $169. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Dry Mills Gray

04039169 $ / ft²




Historical development of home values in Dry Mills Gray

Year Estimated value (USD) Change vs. 2025
2010 $180,400 -53.6%
2011 $173,424 -55.4%
2012 $172,957 -55.5%
2013 $179,422 -53.8%
2014 $188,343 -51.5%
2015 $198,010 -49.0%
2016 $208,343 -46.4%
2017 $219,588 -43.5%
2018 $231,728 -40.3%
2019 $242,473 -37.6%
2020 $255,008 -34.4%
2021 $290,044 -25.3%
2022 $338,126 -13.0%
2023 $356,570 -8.2%
2024 $377,198 -2.9%
2025 $388,443 0.0%

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



Example: 100% financing house in Dry Mills Gray

Loan amount: $388,443

Interest rate: 5.87%

Fixed monthly payment: $2,296.05

Breakdown in the 1st month:
Interest portion: $1,899.49  –  Principal portion: $396.56

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,663.74 $4,888.85 $383,554.15
2 $22,369.02 $5,183.58 $378,370.57
3 $22,056.53 $5,496.06 $372,874.51
4 $21,725.20 $5,827.39 $367,047.12
5 $21,373.91 $6,178.69 $360,868.43
6 $21,001.43 $6,551.17 $354,317.26
7 $20,606.50 $6,946.10 $347,371.16
8 $20,187.76 $7,364.84 $340,006.32
9 $19,743.77 $7,808.82 $332,197.50
10 $19,273.02 $8,279.57 $323,917.93
11 $18,773.90 $8,778.70 $315,139.24
12 $18,244.68 $9,307.91 $305,831.32
13 $17,683.56 $9,869.03 $295,962.29
14 $17,088.61 $10,463.98 $285,498.30
15 $16,457.80 $11,094.79 $274,403.51
16 $15,788.96 $11,763.64 $262,639.88
17 $15,079.80 $12,472.80 $250,167.08
18 $14,327.88 $13,224.71 $236,942.37
19 $13,530.64 $14,021.95 $222,920.42
20 $12,685.34 $14,867.25 $208,053.17
21 $11,789.08 $15,763.51 $192,289.65
22 $10,838.79 $16,713.80 $175,575.85
23 $9,831.21 $17,721.38 $157,854.46
24 $8,762.89 $18,789.70 $139,064.76
25 $7,630.17 $19,922.42 $119,142.34
26 $6,429.16 $21,123.43 $98,018.91
27 $5,155.75 $22,396.84 $75,622.06
28 $3,805.58 $23,747.02 $51,875.05
29 $2,374.01 $25,178.59 $26,696.46
30 $856.14 $26,696.46 $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 Dry Mills Gray, ME


1500 sqft3900 sqft
Ø selling price$299,987$638,154
Ø fast selling$272,716$574,339
Ø high price sale$327,259$701,970

In 2026, houses in Dry Mills Gray, ME will be offered at an average price of $169 per square foot. A 1,500 sqft home priced at $299,987 is 22.49% more expensive per square foot than a 3,900 sqft home priced at $638,154. Home prices in Dry Mills Gray, ME vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $441,799. Sellers who can wait longer may achieve a higher price of up to $539,977.


Dry Mills, Gray ME Neighborhood Guide

Overview

Dry Mills is a small village neighborhood in Gray, ME, known for its rural charm and convenient access to Greater Portland.
Set along Route 26, the area blends peaceful back roads with quick connections to shopping, schools, and outdoor recreation.

Nature & Attractions

The Maine Wildlife Park, one of Gray?s top attractions, sits nearby and offers family-friendly encounters with native Maine animals.
Nearby, the Dry Mills State Fish Hatchery highlights the region?s conservation heritage and seasonal educational programs.
Residents also enjoy easy access to Crystal Lake, Little Sebago Lake, and local trail networks for year-round hiking, paddling, and snowshoeing.

Lifestyle & Housing

Housing in Dry Mills ranges from classic farmhouses and tidy capes to newer builds on wooded lots, appealing to first-time buyers and move-up owners.
The neighborhood?s low-traffic roads and community feel make it popular with families, while commuters appreciate proximity to I-95 via Gray?s Exit 63.
Local services, groceries, and dining in Gray Village are minutes away, with Portland and Lewiston roughly a half-hour drive for broader amenities.

Schools & Market

Students are served by MSAD 15, which includes Gray-New Gloucester schools and a variety of extracurricular options.
For homebuyers and sellers, Dry Mills? mix of lake access, open space, and commuter convenience creates steady demand for homes for sale in Dry Mills and the broader Gray, Maine real estate market.



FAQ – Home Values in Dry Mills Gray

What is the median home value in Dry Mills Gray in 2026?

In 2026, the typical home value in Dry Mills Gray is about $388,443 for an average home size of 2254 square feet. This corresponds to an average price of roughly $169 per square foot.

What is the average cost per square foot in Dry Mills Gray?

In 2026, homes in Dry Mills Gray sell for an average of around $169 per square foot, with a typical range between $160.55 and $177.45 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Dry Mills?

The average home size in Dry Mills Gray is about 2254 square feet, with an estimated 2026 value around $388,443.



Neighborhoods close to Dry Mills Gray, ME

Harrison Village Harrison, ME186 $ / ft²
Hiram Hiram, ME189 $ / ft²
Kennebunk Beach Kennebunk, ME266 $ / ft²
Gorham Village Gorham, ME286 $ / ft²
Fryeburg Village Fryeburg, ME152 $ / ft²
Freeport Village Freeport, ME242 $ / ft²
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