City:
Gray is a city in the state of louisiana with a population of roughly 8,465. It is in Terrebonne Parish, Louisiana the Houma-Thibodaux, LA core-based statistical areas (CBSA), Its Zip codes include 70359 .
Gray, Louisiana is a small town located in the southwestern corner of the state. The population was just over 1,000 people in 2010. Gray is home to several businesses and industries, including a cotton gin, a sawmill, and a poultry processing plant. The town's economy is largely based on agriculture and manufacturing.
Real estate in Gray is primarily made up of small homes and apartments. There are also a few commercial properties available for sale or lease. The average price for an acre of land in Gray is $5,000. The median price for an existing home in Gray was $101,500 in 2016. The median price for an undeveloped lot was not reported by the Census Bureau.
The primary market for real estate in Gray is likely to be families with children who are looking for affordable housing close to schools and other amenities. There are no major shopping centers or commercial areas within walking distance of most homes in Gray, so buyers may need to consider car ownership when making a purchase decision.
Price Index: Houma-Thibodaux, LA