Is Gray Summit, MO 63039 a buyer’s or seller’s market?
Gray Summit is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Gray Summit housing market right now
In the three months ending August 31, 2026, 100% of homes in Gray Summit, MO 63039 sold above their list price and the typical home went under contract in 4 days. With only 1 sale, these figures can swing a lot from month to month.
Within Franklin County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Robertsville 63072 (0% sold over asking) or Gerald 63037 (0% sold over asking).
Run the numbers for 63039
Nearby markets
Beaufort 63013Buyer’s market $206 /sq ftBerger 63014 $145 /sq ftCatawissa 63015Seller’s market $216 /sq ftGerald 63037Balanced $151 /sq ft Browse all markets →Where Gray Summit is
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Questions about Gray Summit real estate
How fast do homes sell in Gray Summit?
The typical home went under contract in 4 days in the latest three months.
Do homes in Gray Summit sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 102.1% of the list price.
What are property taxes in Gray Summit?
About 0.80% of a home’s value a year in Franklin County, or roughly $3,200 on a $400,000 home.
What is the median home price in Gray Summit?
The median sale price was $351,848 in the three months ending August 31, 2026, about $135 per square foot.
Local agents
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More tools for 63039
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology