Market Overview
Home Prices in Grayson, KY
The median home value in Grayson, KY is $176,609 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.9% compared to a year ago and up 11.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grayson are priced57% below average. Grayson is part of the Huntington-Ashland, WV-KY-OH metro area.
Over the past five years, Grayson home values have risen by approximately37.5%, reflecting strong long-term appreciation in this market.
Price History
Grayson Home Price Trend
City Comparison
Grayson vs. National Median
At $176,609, homes in Grayson cost 57% below the national median of $410,000. This makes Grayson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grayson?
20% Down Payment
$35,322
on $176,609
Monthly P&I
$921/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,170/mo
incl. taxes & insurance
Income Needed
$46,800
gross annual (30% rule)
10% Down Option
$17,661
+ PMI applies
Loan Amount (20% dn)
$141,287
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, KY?
The median home value in Grayson is $176,609 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.9% year-over-year.
How much have home prices changed in Grayson?
Over the past year, home values in Grayson have decreased by 3.9%. Over five years, prices have risen approximately 37.5%.
How much do I need to earn to buy a home in Grayson?
To comfortably afford the median home price of $176,609 with a 20% down payment ($35,322) at today's rates (6.8%), you'd need a gross annual income of approximately $46,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Grayson compare to the national average home price?
The national median home value is approximately $410,000. At $176,609, homes in Grayson are 57% below the national average.
What metro area is Grayson part of?
Grayson is part of the Huntington-Ashland, WV-KY-OH metropolitan area. Home prices and market conditions can vary across the broader metro region.