Data as of February 2026. Source: Realtor.com.
The GRAY, KY real estate market (40734) currently shows 7 active listings, with 2 pending sales. Homes are averaging 121 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 121 days on market compared to 148 days last year.
The median listing price has fallen 8.2% year-over-year, from $242,000 to $222,250.
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.
Population: 3,207 · Density: 27.3/mi² · Median household income: $41,071
Typical home value: $84,181 · Homeownership: 80.3%
| 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 February 2026, there are 7 active listings in GRAY, KY (zip code 40734), compared to 10 the prior year.
The median listing price in GRAY, KY 40734 is $222,250 as of February 2026, a 8.2% decrease from $242,000 the prior year.
Homes in GRAY, KY 40734 spend an average of 121 days on the market before going under contract, compared to 148 days the prior year.
Based on current inventory and days-on-market data as of February 2026, GRAY, KY 40734 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 121 days on market compared to 148 days last year.
With SELL123.com's maximum 3% commission, sellers in GRAY, KY 40734 save an estimated $4,445 compared to a typical 5% commission on the median listing price of $222,250. 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.