Gray Gables
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Gray Gables is a condition-and-lot story, not a floor-plan story. With a median build year of 1963 and homes dating back to 1922, price here is set less by square footage than by what has been done to the house — original bungalow, gut renovation, or teardown-and-rebuild all sit under one median. A median price of $635,000 against a median of roughly 1,900 square feet and $446 per square foot tells you the land and the location are carrying real weight.
The current posture favors patience. Days on market sit at 73 and the heat score is 32, so this is a slow, negotiable market where buyers have room to inspect, push on price, and walk away. The year-over-year change of -18.6% reflects a thin window of only five closings, so read it as a soft, buyer-leaning trend rather than a precise repricing. Sellers should expect to earn their number with condition and correct pricing, not momentum.
Gray Gables right now
🔴 Off the recent peak. The trailing-12-month median ($635K) is down 18.6% from the prior 12 months ($780K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (5 and 4 sales in the two windows).
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Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Gray Gables market snapshot (as of July 15, 2026): the median sale price is about $635K ($446 per sq ft over the trailing 12 months of closed sales), and a median 73 days on market for closed sales. The trailing-12-month median is down 19% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).
Gray Gables is a community of 691 homes in Tampa, Hillsborough County, built between 1922 and 2024 (median 1963.0), with a median living area of about 1,904 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Gray Gables is a small, older Tampa pocket of roughly 691 homes spanning a full century of construction, where a high homestead share points to owners who stay put rather than a churn of investor flips.
Who Gray Gables is best for.
Best for
- Buyers around the mid-$600s comfortable underwriting an older home on its own condition
- Renovation-minded buyers who want an early-vintage house and the time to negotiate
- Long-hold owners who value a stable, owner-occupied street over quick flips
Probably not for
- Buyers who need new-construction uniformity and predictable comps
- Sellers who require a fast, top-dollar exit in a slow, buyer-leaning market
- Anyone unwilling to budget for the upkeep that older homes demand
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($635K) IS the median in the snapshot above, and the move from 2025 ($780K) IS the -18.6% one-year change.
Windows contain 0 to 12 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Gray Gables buying strategy.
If we were buying in Gray Gables today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Gray Gables.
Vintage stock, wide spread
The build range from 1922 to 2024 is the headline. In practice that means two houses on the same street can be radically different products — a nearly-original early bungalow and a new-construction infill home — and the median price blends both. Because so much of the value is condition-driven, comps are noisy and a walk-through matters more here than in a uniform subdivision. Expect to underwrite each house on its own merits.
A homestead share around 73% signals a stable, owner-occupied core rather than a rental-heavy block. That stability, paired with a 73-day median time on market and a low heat score, is why this reads as an unhurried market: inventory doesn't move fast, and the homes that do sell tend to be priced to the reality of their condition.
The location and the amenities are priced into every listing in Gray Gables. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Gray Gables buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.2). Basis: Recent Direction -18.6% year-over-year; Owner Commitment 73% owner-occupied; Pricing Power 90.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
A market this uneven — century-spanning stock, condition-driven pricing, and a small closings window — is where a local read pays for itself. We price each house to what it actually is, not to a neighborhood average, and in a 73-day, buyer-leaning market we help buyers use inspection findings and time on market as leverage, and help sellers set a number that clears rather than sits.
Gray Gables in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Gray Gables buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Gray Gables sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Gray Gables, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Gray Gables home worth?
Get a no-obligation home value based on real comparable sales in Gray Gables, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Gray Gables?
How long do homes in Gray Gables take to sell?
How many homes are in Gray Gables?
What share of Gray Gables is owner-occupied?
When were the homes in Gray Gables built?
Do cash buyers compete in Gray Gables?
Who is the best real estate agent for Gray Gables?
How do I find a top Tampa real estate agent who knows Gray Gables?
Can Momentum Realty connect me with an agent for Gray Gables?
Should you buy in Gray Gables?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (8 streets, ZIP 33609)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2008 (61 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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