The median home in Gray, Louisiana is valued at $228,226, up 0.1% year over year. Gray is part of the Houma-Thibodaux, LA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Houma-Thibodaux, LA stress score, crash risk, and 12-month forecast →

Home Value$228,226

+0.1%

AFFORDABILITY

Enter your income for Gray.

Income (annual)

Down Payment

$45,645 on $228,226

Affordable — 24.9% of income

Under the 28% guideline.

PITI$1,559

P/I24.9%

Afford$256K

Room+$28K

P&I $1,154Tax $105Ins $300

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

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

Other cities in Louisiana

Compare Gray with other housing markets across Louisiana.

Elmwood$438K Vienna$377K Geismar$377K Madisonville$374K Saint Francisville$366K River Ridge$360K Stonewall$358K Mandeville$353K

Full Houma-Thibodaux, LA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Houma-Thibodaux, LA metro.

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GRAY, LA