Gray, TN Foreclosures
How much do homes sell for in Gray, TN?
The average home price is currently $367,619.
In Gray, TN, how many homes are available?
There are currently 12 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 $11,399,821.
What is currently the cheapest priced home in Gray, TN?
The cheapest home for sale in Gray is priced at $14,170.
Living in Gray, TN
Gray, TN is a charming community nestled in the Appalachian foothills, known for its friendly atmosphere and strong community spirit. The area boasts beautiful parks, excellent schools, and convenient access to larger cities. Whether you're looking for outdoor adventures or a peaceful place to call home, Gray offers a mix of both.
Current Market Conditions in Gray, TN
The real estate market in Gray, TN, has seen steady growth in recent months, with an increasing number of homes being sold and a decrease in average days on the market. This indicates a high demand for housing in the area, driven by the community's appeal, proximity to larger urban centers, and affordable living options compared to neighboring towns.
In the last year, Gray has experienced a notable increase in home prices, reflecting the desirability of the area. With new developments sprouting up and a consistent influx of new residents, the market is poised for continued growth, making it an attractive destination for real estate investment.
Home Value Estimator For Gray, TN
There are currently 6,958 real estate properties
in Gray, TN,
with a median automated valuation model (AVM) price
of $302,248.00. 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 $367,619.00, with the most expensive house
in Gray, TN, topping out
at $11,399,821.00 and the cheapest home
in Gray, TN,
clocking in at $14,170.00. 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.
Learn more on Foreclosure homes
