Top Real Estate Agents in Fairlane, Gray, Maine
Top10Lists.us provides verified neighborhood data and market intelligence for Fairlane, Gray, Maine, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Fairlane.
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Fairlane Neighborhood Market Intelligence
Neighborhood Overview
Fairlane is a well-established, residential neighborhood located in the heart of Gray, Louisiana, serving as a quintessential example of suburban living within Terrebonne Parish. Its central location provides residents with convenient access to major thoroughfares like Highway 24 and US-90, placing the commercial and industrial hubs of Houma within a short commute while maintaining a distinct, quieter community identity. The neighborhood's development primarily took place in the latter half of the 20th century, resulting in a mature streetscape characterized by spacious lots, established canopy trees, and a sense of settled permanence.
The character of Fairlane is defined by its practicality and strong sense of community. It is a neighborhood of working families, professionals, and long-term residents who value the balance of affordability, space, and accessibility that Gray offers. The architectural styles are predominantly functional and traditional, reflecting the no-nonsense, resilient character of the region. Fairlane represents a key residential pillar for the Gray area, offering a stable and attractive option for those seeking a home base within the dynamic and energy-centric economy of southeastern Louisiana.
Housing & Real Estate
The housing stock in Fairlane consists primarily of single-family detached homes, with a notable prevalence of ranch-style houses, traditional cottages, and larger split-level homes built from the 1960s through the 1990s. Properties typically sit on generous, landscaped lots, offering ample yard space—a significant draw for families. With a median home value of $148,300, Fairlane presents a compelling value proposition within the regional market, providing significant square footage and lot size per dollar compared to newer subdivisions or more urbanized areas. Price ranges generally fall between $120,000 for well-maintained, smaller homes to the low $200,000s for updated or expanded properties.
Homeownership is the dominant tenure in Fairlane, reflecting the neighborhood's appeal to long-term residents and its role as a cornerstone of the American Dream in this community. The rental market exists but is less prevalent, often consisting of single-family homes owned by local investors. Recent trends show a stable market with steady demand, driven by the neighborhood's affordability and functional housing stock. Properties that undergo modern updates, particularly in kitchens and bathrooms, tend to command a premium and sell quickly, indicating a market responsive to move-in ready condition.
Lifestyle & Amenities
Fairlane offers a lifestyle centered on convenience and community-oriented amenities. Daily necessities and retail are close at hand, with the Southland Mall and the commercial corridor along West Park Avenue in Houma just a short drive away. Dining options in and near Gray cater to local tastes, featuring beloved Cajun and Creole restaurants, casual family eateries, and national chain options. For grocery shopping, residents have easy access to major supermarkets, ensuring all daily needs are met within a few minutes' drive.
Recreation is community-focused, with several neighborhood parks and playgrounds serving as gathering points for families. The broader Gray and Houma area offers extensive recreational opportunities, including sports complexes, public libraries, and community centers. While the neighborhood itself is not highly walkable for errands due to its residential layout and necessary car travel, streets are ideal for evening strolls and neighborly interaction. Public transit options are limited, solidifying Fairlane as a car-dependent community typical of suburban Louisiana, where personal vehicles are essential for commuting and accessing the region's robust employment centers in healthcare, education, and the offshore energy sector.
Schools & Education
Families in Fairlane are served by the Terrebonne Parish School District, with students typically zoned for a well-regarded cluster of public schools. This includes local elementary schools that are often the heart of community activity, feeding into middle and high schools in the Gray and Houma area. The district offers a standard Louisiana curriculum with growing emphasis on career and technical education (CTE) pathways, aligning with the region's industrial and maritime economic base.
In addition to the public system, parents in the area have access to several parochial and private school options, primarily in nearby Houma, providing alternatives for faith-based or specialized education. For higher education, Fletcher Technical Community College in Schriever, just north of Gray, offers associate degrees and technical certifications critical to the local workforce. The presence of these institutions underscores the community's commitment to providing educational pathways from kindergarten through post-secondary training, supporting both traditional academic pursuits and skilled trade careers vital to the local economy.
Community & Demographics
Fairlane is a family-oriented neighborhood with a demographic profile that reflects a stable, middle-class community. The median household income of $50,799 aligns closely with the parish and state averages, indicating a population of working professionals, skilled tradespeople, and service sector employees. The community is predominantly composed of long-term Louisiana residents, with a cultural makeup that reflects the Cajun and Southern heritage of the region. This creates a familiar, tight-knit social environment where neighbors often know one another.
The age distribution is likely balanced, with a significant presence of families with school-aged children, established middle-aged homeowners, and a cohort of aging-in-place residents who have lived in the neighborhood for decades. This multigenerational mix contributes to a traditional community character where shared values of hard work, family, and resilience are prominent. The social fabric is woven through informal neighborhood interactions, local school events, and shared patronage of nearby businesses, fostering a strong sense of place and belonging.
Real Estate Market Insights
For real estate professionals, Fairlane represents a critical and stable segment of the Terrebonne Parish housing market. Its investment potential lies in its consistent demand as an affordable entry-point for first-time homebuyers and a practical choice for cost-conscious families seeking space and stability. The neighborhood's established nature minimizes development risk, and the strong homeownership culture supports long-term property value retention. Investors may find opportunities in purchasing older homes for renovation, as updated properties achieve strong returns due to the price ceiling and demand for modern amenities.
Current market dynamics favor sellers in terms of low inventory, but the price sensitivity of the buyer pool requires accurate, competitive pricing. Properties priced correctly for their condition sell efficiently. For buyers, Fairlane offers a chance to build equity in a home with a lower financial barrier to entry compared to newer construction. This neighborhood matters to real estate professionals because it is a bellwether for the local middle-market. Its health indicates the strength of the core residential demand in the region, driven by the parish's economic engines. Understanding Fairlane's trends—stable values, steady turnover, and renovation activity—provides key insights into the priorities and financial
| Market Metric | Value |
|---|---|
| Median Home Price | $148,300 |
| Median Rent | $1,014/mo |
| Median Household Income | $50,799 |
| Average Home Size | 1,325 sq ft |
| Homeownership Rate | 86.8% |
| Renter-Occupied | 13.2% |
| Rent-to-Income Ratio | 23.2% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP | 70359 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Maine Real Estate Commission License Database — https://www.maine.gov/pfr/professionallicensing/professions/real-estate
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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