Market Overview
Home Prices in Grey Forest, TX
The median home value in Grey Forest, TX is $395,012 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.1% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grey Forest are priced4% below average. Grey Forest is part of the San Antonio-New Braunfels, TX metro area.
Over the past five years, Grey Forest home values have risen by approximately9.6%, reflecting steady appreciation in this market.
Price History
Grey Forest Home Price Trend
City Comparison
Grey Forest vs. National Median
At $395,012, homes in Grey Forest cost 4% below the national median of $410,000. This makes Grey Forest a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grey Forest?
20% Down Payment
$79,002
on $395,012
Monthly P&I
$2,060/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,616/mo
incl. taxes & insurance
Income Needed
$104,640
gross annual (30% rule)
10% Down Option
$39,501
+ PMI applies
Loan Amount (20% dn)
$316,010
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 Grey Forest, TX?
The median home value in Grey Forest is $395,012 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.1% year-over-year.
How much have home prices changed in Grey Forest?
Over the past year, home values in Grey Forest have decreased by 2.1%. Over five years, prices have risen approximately 9.6%.
How much do I need to earn to buy a home in Grey Forest?
To comfortably afford the median home price of $395,012 with a 20% down payment ($79,002) at today's rates (6.8%), you'd need a gross annual income of approximately $104,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Grey Forest compare to the national average home price?
The national median home value is approximately $410,000. At $395,012, homes in Grey Forest are 4% below the national average.
What metro area is Grey Forest part of?
Grey Forest is part of the San Antonio-New Braunfels, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.