Gray Mountain, AZ

Gray Mountain is a small town located in the northeastern corner of Arizona. The town was founded in 1892 and has a population of just over 1,000 people. Gray Mountain is known for its natural resources, including coal, oil, and uranium. The town's economy is based largely on the mining industry.

Real estate in Gray Mountain is primarily residential. There are a few commercial properties scattered throughout the town, but they are not particularly concentrated. The average home price in Gray Mountain is just over $200,000. This makes Gray Mountain one of the more affordable towns in Arizona to purchase a home.

The real estate market in Gray Mountain has been relatively stable over the past few years. There have been some fluctuations due to changes in the mining industry, but overall prices have remained relatively consistent. This stability may be due to the fact that there are not many major developments happening in Gray Mountain at this time. If there were significant new development projects coming online, then prices would likely increase as demand would outstrip supply.