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TN area data

Gray, TN

Gray, TN.

Population: 22,821 (Census ACS)

Home values & appreciation

Median home value
$359,330
1-year appreciation
+1.6%
3-year appreciation
+7.1%
5-year appreciation
+33.1%
10-year appreciation
+85.7%
All-time peak (2026-07)
$359,330
House Price Index
475.9 (+0.5% YoY)

Market activity

Median sale price
$408,000
Median list price
$435,375
Median days on market
57 days
Sale-to-list ratio
99.2%
Active listings
99
1-year forecast
+2.4%
Days to pending
57 days
New listings (monthly)
25

Rents

Typical rent
$1,900/mo
1-year rent change
+0.1%
1BR fair-market rent
$948/mo
3BR fair-market rent
$1,508/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
3
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, strongWind, iceStorm, landslide
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
49.0 in

Walkability & transit

Walkability index
8.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Andrew Johnson National Historic Site (27 mi)
Nearest airport
Center Field (3 mi)
Nearest major airport
Tri-Cities Regional TN/VA Airport (TRI) (6 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
2.3 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+954 tax filers

Housing stock

Median year housing built
1,995
Median annual property tax
$1,388
Mean commute to work
20 min
Households with broadband internet
78.2%

Employment & development

Total county employment
52,795
Average weekly wage
$981
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
686

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents