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GRAY, ME 04039

Real Estate Market Report  ·  Cumberland County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
15
⇩ 16.7% vs 18 last year
Pending
3
20% pending ratio
Median Price
$535,000
⇩ 25.9% vs $722,000 last year
Average Price
$569,685
⇩ 25.7% vs $766,833 last year
Days on Market
28
⇩ 67.4% vs 86 days last year

Market Context

Population: 7,893  ·  Density: 74.5/mi²  ·  Median household income: $91,092

Typical home value: $312,880  ·  Homeownership: 79.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GRAY, ME real estate market (04039) currently shows 15 active listings, with 3 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 28 days on market compared to 86 days last year.

The median listing price has fallen 25.9% year-over-year, from $722,000 to $535,000.

Whether you are buying or selling in GRAY, ME, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 18 last year
  • Days on market: 28 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $535,000 (-25.9% YoY)
  • Average: $569,685 (-25.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.8 miles — 210 listings ($120,495,131 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04039Gray, ME 040390.0 mi15$8,545,275$535,000$569,685
04097North Yarmouth, ME 040976.0 mi7$6,545,791$924,500$935,113
04062Windham, ME 040626.9 mi43$25,773,985$577,000$599,395
04069Pownal, ME 040698.2 mi3$3,888,999$599,000$1,296,333
04015Casco, ME 0401510.2 mi26$17,716,088$490,000$681,388
04274Poland, ME 0427411.2 mi8$2,913,600$429,000$364,200
04222Durham, ME 0422212.0 mi3$2,174,799$699,900$724,933
04092Westbrook, ME 0409213.3 mi35$16,353,540$495,000$467,244
04103Portland, ME 0410313.6 mi35$22,056,720$625,000$630,192
04210Auburn, ME 0421014.5 mi22$8,261,704$365,000$375,532
04098Westbrook, ME 0409814.6 mi1$575,000$575,000$575,000
04256Mechanic Falls, ME 0425615.2 mi10$4,774,630$265,000$477,463
04085Steep Falls, ME 0408515.8 mi2$915,000$457,500$457,500

Frequently Asked Questions

How many homes are for sale in GRAY, ME 04039?

As of January 2026, there are 15 active listings in GRAY, ME (zip code 04039), compared to 18 the prior year.

What is the median home price in GRAY, ME 04039?

The median listing price in GRAY, ME 04039 is $535,000 as of January 2026, a 25.9% decrease from $722,000 the prior year.

How long do homes stay on the market in GRAY, ME?

Homes in GRAY, ME 04039 spend an average of 28 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in GRAY, ME 04039?

Based on current inventory and days-on-market data as of January 2026, GRAY, ME 04039 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 86 days last year.

How much can I save on real estate commission in GRAY, ME?

With SELL123.com's maximum 3% commission, sellers in GRAY, ME 04039 save an estimated $10,700 compared to a typical 5% commission on the median listing price of $535,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.