Is Gray, GA 31032 a buyer’s or seller’s market?
Gray is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 13% of U.S. ZIP codes, and #303 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gray housing market right now
In the three months ending August 31, 2026, 0% of homes in Gray, GA 31032 sold above their list price, the typical home went under contract in 50 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 39 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold faster (77 days then) and the median sale price fell 12% to $264,885. Overall, Gray is less competitive than a year ago, which gives buyers more room.
Within Jones County, homes here sell faster, and less often over asking, than in any other ZIP code in the county. On our competition score, Gray ranks #303 of 371 GA ZIP codes with enough sales (score 19 out of 100).
Nearby, Macon 31211 (8% sold over asking) and Macon 31217 (7% sold over asking) are even more competitive.
Run the numbers for 31032
Nearby markets
Haddock 31033Seller’s market $127 /sq ftHillsboro 31038Balanced $133 /sq ftMacon 31211Buyer’s market $131 /sq ftMacon 31217Buyer’s market $80 /sq ft Browse all markets →Towns like Gray nearby
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Questions about Gray real estate
Is Gray a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Gray, GA 31032 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gray?
The typical home went under contract in 50 days in the latest three months.
Do homes in Gray sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.
What are property taxes in Gray?
About 0.97% of a home’s value a year in Jones County, or roughly $3,880 on a $400,000 home.
What is the median home price in Gray?
The median sale price was $264,885 in the three months ending August 31, 2026, about $147 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology