The median home in Gray, Kentucky is valued at $157,073, down 3.8% year over year. Gray is part of the London, KY metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: London, KY stress score, crash risk, and 12-month forecast →

Home Value$157,073

-3.8%

AFFORDABILITY

Enter your income for Gray.

Income (annual)

Down Payment

$31,415 on $157,073

Affordable — 17.2% of income

Under the 28% guideline.

PITI$1,073

P/I17.2%

Afford$256K

Room+$99K

P&I $794Tax $113Ins $167

6.50% 30yr, 20% down, county tax + KY ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Kentucky

Compare Gray with other housing markets across Kentucky.

Prospect$595K Finchville$481K Goshen$474K Crestwood$467K River Bluff$446K Wilsonville$445K Union$444K Buckner$429K

Full London, KY analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the London, KY metro.

View London, KY metro →

GRAY, KY