Why Live in Gray
Gray is a neighborhood known for its rural charm and historical significance. Boone Lake Beach, located 4 miles northeast, is a popular summer destination for swimming, while boating enthusiasts often travel 50 miles east to Watauga Lake. The Gray Fossil Site and Museum, discovered during construction in 2000, showcases fossils dating back 4.9 million years, including rare species like red pandas and rhinoceroses. The neighborhood features a mix of mid-20th century ranch-style homes on half-acre lots and newer New Traditional-style homes with less acreage. Chain restaurants and essential stores line Bobby Hicks Highway, with Yong Asian House offering a variety of Asian cuisine. For more extensive shopping and dining options, residents often drive to downtown Johnson City or The Mall at Johnson City. The Appalachian Fair, held annually in late August, draws large crowds with country music performances, a carnival, and events like the Demolition Derby. During the holiday season, Shadrack’s Christmas Wonderland offers a drive-thru light show. Interstate 26 provides access to Kingsport, 14 miles northwest, and Tri-Cities Airport, 6 miles away. The area has no public transportation, so residents rely on cars. Gray Elementary School and Daniel Boone High School both have good ratings.
Home Trends in Gray, TN
On average, homes in Gray, TN sell after 56 days on the market compared to the national average of 50 days. The median sale price for homes in Gray, TN over the last 12 months is $415,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$415,000
Median Single Family Sale Price
$449,900
Median 2 Bedroom Sale Price
$235,000
Median 1 Bedroom Sale Price
$229,900
Average Price Per Sq Ft
$228
Number of Homes for Sale
17
Last 12 months Home Sales
79
Median List Price
$447,400
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%