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Foreclosure Homes in Gray, TN 37615

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Gray, TN Foreclosures

How much do homes sell for in Gray, TN?
The average home price is currently $342,013.
In Gray, TN, how many homes are available?
There are currently 11 active home listings available in Gray.
What’s the average rental cost in Gray, TN?
The average rental price in Gray is $1,304.
What is the most expensive home in Gray?
The most expensive home sold in Gray had a price of $7,710,168.
What is currently the cheapest priced home in Gray, TN?
The cheapest home for sale in Gray is priced at $14,134.

Living in Gray, TN

Gray, TN is a small, close-knit community situated near Johnson City, known for its excellent schools and beautiful outdoor spaces. Families and outdoor enthusiasts will find abundant parks and recreational opportunities. With a friendly atmosphere, Gray is an ideal place for those seeking a suburban lifestyle with easy access to city amenities.

Current Market Conditions in Gray, TN

The real estate market in Gray has shown steady growth over the past year, with a demand for single-family homes increasing significantly. The area attracts many buyers due to its excellent schools and community-focused lifestyle.

Currently, Gray's market is characterized by a strong supply of homes, but well-priced properties often see multiple offers. Investors and homebuyers alike are drawn to the area's affordable prices compared to nearby cities.

Home Value Estimator For Gray, TN

There are currently 6,229 real estate properties in Gray, TN, with a median automated valuation model (AVM) price of $289,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gray, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gray, TN, is $342,013.00, with the most expensive house in Gray, TN, topping out at $7,710,168.00 and the cheapest home in Gray, TN, clocking in at $14,134.00. In other words, there’s something for every potential homebuyer or savvy investor in Gray, TN!

Rent Prices In Gray, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gray, TN, is on a rollercoaster ride. The average rent price in Gray, TN, is $1,304.00. Indeed, when looking to rent in Gray, TN, you can expect to pay as little as $570.00 or as much as $2,320.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Gray, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Gray, TN 37615 Foreclosures

Market Trend for Gray, TN

Total Listings Available: 11

Market Values:

Home Prices from $14,134 to $7,710,168

Average Sales Price: $342,013

Rental Values:

Rental from $570 to $2,320

Average Rent Value: $1,304 / month

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