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GRAY, LA 70359

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The GRAY, LA real estate market (70359) currently shows 35 active listings, with 6 pending sales. Homes are averaging 101 days on the market before going under contract.

Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 101 days on market compared to 59 days last year.

The median listing price has fallen 0% year-over-year, from $229,000 to $229,000.

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Market Context

Market Context

Population: 9,843  ·  Density: 263.9/mi²  ·  Median household income: $50,799

Typical home value: $145,027  ·  Homeownership: 86.8%

Market Overview

Active Listings
35
⇩ 38.6% vs 57 last year
Pending
6
17% pending ratio
Median Price
$229,000
— vs $229,000 last year
Average Price
$275,198
⇧ 2.8% vs $267,608 last year
Days on Market
101
⇧ 71.2% vs 59 days last year

Price Per Square Foot

Median $/sqft
$156
— vs $156/sqft last year
Median Home Size
1,626 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 35 this year vs 57 last year
  • Days on market: 101 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $229,000 (+0% YoY)
  • Average: $275,198 (+2.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.2 miles — 559 listings ($157,908,756 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70359Gray, LA 703590.0 mi42$11,722,914$229,000$279,117
70364Houma, LA 703646.6 mi175$38,504,900$202,450$220,028
70301Thibodaux, LA 703019.1 mi231$80,271,114$269,750$347,494
70356Gibson, LA 7035611.3 mi4$1,182,668$169,000$295,667
70372Labadieville, LA 7037214.3 mi7$1,041,600$145,000$148,800
70343Bourg, LA 7034315.9 mi23$6,192,681$281,250$269,247
70090Vacherie, LA 7009020.1 mi18$5,151,078$285,000$286,171
70355Gheens, LA 7035521.0 mi2$227,000$113,500$113,500
70397Theriot, LA 7039721.0 mi17$5,142,874$299,925$302,522
70377Montegut, LA 7037722.4 mi17$1,722,763$96,943$101,339
70353Dulac, LA 7035322.6 mi14$3,913,420$249,700$279,530
70080Paradis, LA 7008024.5 mi1$261,000$261,000$261,000
70763Paulina, LA 7076325.2 mi8$2,574,744$335,000$321,843

Frequently Asked Questions

How many homes are for sale in GRAY, LA 70359?

As of September 2026, there are 35 active listings in GRAY, LA (zip code 70359), compared to 57 the prior year.

What is the median home price in GRAY, LA 70359?

The median listing price in GRAY, LA 70359 is $229,000 as of September 2026, a 0% increase from $229,000 the prior year.

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

Homes in GRAY, LA 70359 spend an average of 101 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in GRAY, LA 70359?

Based on current inventory and days-on-market data as of September 2026, GRAY, LA 70359 is currently a Balanced Market. Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 101 days on market compared to 59 days last year.

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

With SELL123.com's maximum 3% commission, sellers in GRAY, LA 70359 save an estimated $4,580 compared to a typical 5% commission on the median listing price of $229,000. 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.