Gray County, TX Home Values & Market Trends

The median home price in Gray County, TX is $128,890. There were 329 home sales in Gray County, TX over the past 12 months. The median residential Gray County, TX home value for transactions over the previous year is $89,228. The number of current listings in Gray County, TX is 217, and the percentage of properties for sale is 217.00%. The county has 13 foreclosures, 12 bank owned properties, 1 headed for auction, and 217 properties for sale.

Gray County, TX Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Pampa

$ 129,900

$ 65/sqft

Lefors

$ --

$ --

Mclean

$ 74,500

$ 46/sqft

Housing Market Summary for Gray County, TX

Oct 2025October 2026Change
Median Listing Price$130K$109.6K-15.71%
Median Sold Price$92,579$81,654-11.80%
Homes For Sale229216-5.68%
Homes Sold16619215.66%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Gray County, TX

Gray County, TX home values range from $10,602 to $775,000. Pampa is the priciest city with a median listing home price of $109,900, and Pampa is most affordable with average house prices of around $109,900.

Foreclosure
There are 3 cities within Gray County, TX; within these cities, the median estimated home value for homes in foreclosure ranges from $249,900 in Pampa to the lowest value of $36,850 in Pampa. Foreclosure homes account for 3.00% of properties in Gray County, TX with Pampa containing 13 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Gray County, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Gray County, TX; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Gray County, TX ranges from the highest value of $249,900 in Pampa to the lowest value of $36,850 in Pampa. Bank owned homes and properties account for 2.77% of properties in Gray County, TX. There are 3 cities within Gray County, TX; Pampa containing 12 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Pampa has 1 auction properties, the highest number of properties going to auction in a single city in the state of Gray County, TX. Auction homes and other auction properties account for 0.23% of all properties in Gray County, TX. There are 3 cities within Gray County, TX; of those cities, the median estimated home value for homes going to auction ranges from $48,067 in Pampa to the lowest value of $48,067 in Pampa.
Homes for Sale
Homes and properties that are actively listed for sale account for 50.12% of residential properties in Gray County, TX with Pampa containing 215 homes for sale, the highest number of listed properties in a single city. There are 3 cities within Gray County, TX; homes for sale in those cities, have a range of median values from $79,999 in Mclean to the lowest value of $14,500 in Pampa.
    Sold Homes
    The median value for recently sold homes ranges from $124,384 in Lefors to the lowest price of $10,602 in Lefors. There are 3 cities within Gray County, TX. Pampa has 174 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 43.88% of properties in Gray County, TX.

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      Guide for Gray County, TX

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.