Gray County, Kansas home prices
Typical home $245,600 · +4.6% in a year · property tax 1.49%
The typical home in Gray County is worth $245,600, about the same as the Kansas typical home ($246,055). Values changed +4.6% in the past year and +37.9% over five years. Homeowners here pay a median 1.49% of their home's value in property tax each year ($3,661 on the typical home), versus 1.24% statewide.
Mortgage on the typical Gray County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $49,120 | $196,480 | $1,322 | $0 | $428 | $1,750 | $75,000 |
| 10% down | $24,560 | $221,040 | $1,487 | $92 | $428 | $2,007 | $86,000 |
| 5% down | $12,280 | $233,320 | $1,570 | $97 | $428 | $2,095 | $89,800 |
| 3.5% down (FHA) | $8,596 | $241,151 | $1,622 | $109 | $428 | $2,159 | $92,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.49% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Kansas.
Kansas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Ellis County | $243,316 | +3.1% | 1.24% |
| Butler County | $249,619 | +3.7% | 1.46% |
| Nemaha County | $240,020 | +8.8% | 0.96% |
| Wabaunsee County | $252,635 | +0.9% | 1.28% |
| Jackson County | $255,117 | +5.5% | 1.14% |
| Finney County | $233,147 | -1.9% | 1.44% |
| Franklin County | $261,463 | +7.1% | 1.41% |
| Sedgwick County | $223,622 | +2.6% | 1.21% |
| Sheridan County | $222,416 | +8.8% | 1.49% |
| McPherson County | $220,505 | +2.3% | 1.37% |
Frequently asked questions
What is the average home price in Gray County, KS?
The typical home value in Gray County is $245,600 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Gray County?
About $75,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Gray County?
The median effective rate is 1.49% of home value a year (Census ACS 2024 5-year estimates).