Population: 3,207 · Density: 27.3/mi² · Median household income: $41,071
Typical home value: $84,181 · Homeownership: 80.3%
Data as of January 2026. Source: Realtor.com.
The GRAY, KY real estate market (40734) currently shows 6 active listings, with 1 pending sales. Homes are averaging 91 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 91 days on market compared to 130 days last year.
The median listing price has fallen 51.4% year-over-year, from $236,750 to $115,000.
Whether you are buying or selling in GRAY, KY, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 40734 | Gray, KY 40734 | 0.0 mi | 6 | $1,729,200 | $115,000 | $288,200 |
| 40949 | Heidrick, KY 40949 | 5.7 mi | 1 | $450,000 | $450,000 | $450,000 |
| 40923 | Cannon, KY 40923 | 6.5 mi | 5 | $653,700 | $149,900 | $130,740 |
| 40915 | Bimble, KY 40915 | 8.4 mi | 1 | $259,000 | $259,000 | $259,000 |
| 40953 | Hinkle, KY 40953 | 9.1 mi | 2 | $415,000 | $207,500 | $207,500 |
| 40921 | Bryants Store, KY 40921 | 10.6 mi | 1 | $169,000 | $169,000 | $169,000 |
| 40701 | Corbin, KY 40701 | 11.1 mi | 103 | $31,251,642 | $275,000 | $303,414 |
| 40935 | Flat Lick, KY 40935 | 14.0 mi | 5 | $934,000 | $159,000 | $186,800 |
| 40741 | London, KY 40741 | 16.5 mi | 79 | $31,910,075 | $322,200 | $403,925 |
| 40769 | Williamsburg, KY 40769 | 18.7 mi | 32 | $10,350,272 | $222,000 | $323,446 |
| 40962 | Manchester, KY 40962 | 19.5 mi | 32 | $7,958,976 | $169,500 | $248,718 |
| 40729 | East Bernstadt, KY 40729 | 24.1 mi | 26 | $11,494,886 | $250,000 | $442,111 |
| 40813 | Calvin, KY 40813 | 25.1 mi | 2 | $330,000 | $165,000 | $165,000 |
As of January 2026, there are 6 active listings in GRAY, KY (zip code 40734), compared to 8 the prior year.
The median listing price in GRAY, KY 40734 is $115,000 as of January 2026, a 51.4% decrease from $236,750 the prior year.
Homes in GRAY, KY 40734 spend an average of 91 days on the market before going under contract, compared to 130 days the prior year.
Based on current inventory and days-on-market data as of January 2026, GRAY, KY 40734 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 91 days on market compared to 130 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAY, KY 40734 save an estimated $2,300 compared to a typical 5% commission on the median listing price of $115,000. 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.