Market Overview
Home Prices in Grayson Valley, AL
The median home value in Grayson Valley, AL is $177,163 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and down 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grayson Valley are priced57% below average. Grayson Valley is part of the Birmingham-Hoover, AL metro area.
Over the past five years, Grayson Valley home values have risen by approximately19.0%, reflecting steady appreciation in this market.
Price History
Grayson Valley Home Price Trend
City Comparison
Grayson Valley vs. National Median
At $177,163, homes in Grayson Valley cost 57% below the national median of $410,000. This makes Grayson Valley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grayson Valley?
20% Down Payment
$35,433
on $177,163
Monthly P&I
$924/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,173/mo
incl. taxes & insurance
Income Needed
$46,920
gross annual (30% rule)
10% Down Option
$17,716
+ PMI applies
Loan Amount (20% dn)
$141,730
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Grayson Valley, AL?
The median home value in Grayson Valley is $177,163 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Grayson Valley?
Over the past year, home values in Grayson Valley have increased by 0.6%. Over five years, prices have risen approximately 19.0%.
How much do I need to earn to buy a home in Grayson Valley?
To comfortably afford the median home price of $177,163 with a 20% down payment ($35,433) at today's rates (6.8%), you'd need a gross annual income of approximately $46,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Grayson Valley compare to the national average home price?
The national median home value is approximately $410,000. At $177,163, homes in Grayson Valley are 57% below the national average.
What metro area is Grayson Valley part of?
Grayson Valley is part of the Birmingham-Hoover, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.