21

Gray, TN Homes for Sale

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  • /41

    $389,900

    New Construction $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,463 Sq Ft

    106 Klm Dr Unit 15, Gray, TN 37615

    New construction! One level living with many custom details from the moment you arrive. Stamped concrete welcomes you to Unit 15! Inside you'll find details like wainscoting, tray ceilings, vaulted living room with brick fireplace and gas logs, beautiful kitchen with granite countertops, stainless appliances, and dining room which leads to large covered patio. The primary bedroom has a feature

    Agent Photo

    KIMBERLY WINSTON

    Crye-Leike Realtors

    106 Klm Dr Unit 15, Gray, TN 37615
  • /39

    $389,900

    New Construction $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,463 Sq Ft

    106 Klm Dr Unit 16, Gray, TN 37615

    New construction! One level living with many custom details from the moment you arrive. Stamped concrete welcomes you to Unit 15! Inside you'll find details like wainscoting, tray ceilings, vaulted living room with brick fireplace and gas logs, beautiful kitchen with granite countertops, stainless appliances, and dining room which leads to large covered patio. The primary bedroom has a feature

    Agent Photo

    KIMBERLY WINSTON

    Crye-Leike Realtors

    106 Klm Dr Unit 16, Gray, TN 37615
  • /36

    $414,900

    New Construction $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,630 Sq Ft

    106 Klm Dr Unit 17, Gray, TN 37615

    New construction! One level living with many custom details from the moment you arrive. Stamped concrete welcomes you to Unit 17! Inside you'll find details like wainscoting, tray ceilings, vaulted living room with brick fireplace and gas logs, beautiful kitchen with granite countertops, stainless appliances, and dining room which leads to large covered patio. The primary bedroom has a feature

    Agent Photo

    KIMBERLY WINSTON

    Crye-Leike Realtors

    106 Klm Dr Unit 17, Gray, TN 37615
  • /25

    $4,370,000

    $130K PRICE DROP
    • Land
    • 36.96 Acres
    • $118,236 per Acre

    370 Roy Martin Rd, Johnson City, TN 37615

    Exceptional Commercial Development Opportunity - 36.96 Acres in Rapidly Growing Tri-Cities area of Tennessee. Presenting a rare and highly strategic opportunity to acquire nearly 37 acres of prime, undeveloped land just outside of the heart of Gray, Tennessee—one of the fastest-growing areas in the Tri-Cities region. Situated directly off Interstate 26 at Exit 13 on Highway 75 (a major four-lane

    Jason Mitchem Midwest Land Group, LLC

    370 Roy Martin Rd, Johnson City, TN 37615
  • /2

    $499,900

    New Construction
    • 4 Beds
    • 3 Baths
    • 500 Sq Ft

    143 Quiet Stroll Ln, Gray, TN 37615

    Stunning new construction patio home offering 4 bedrooms, 3 full bathrooms, and quality finishes throughout! This beautifully designed home features vaulted ceilings, crown molding, and durable luxury vinyl plank flooring throughout the main living areas, with tile flooring in the bathrooms. The gourmet kitchen includes stainless steel appliances, a walk-in pantry, and ample space for

    Katy Gouge Foundation Realty Group

    143 Quiet Stroll Ln, Gray, TN 37615
  • /2

    $79,900

    • Land
    • 1 Acre
    • $79,900 per Acre

    Tbd Kingsport Hwy, Gray, TN 37615

    Attention investors! A perfect location for Multi-family Units! Here is your chance to build Phase 3 of Pepper Ridge Condos. Owner built Phase 1 & 2 Pepper Ridge and has plans you can check out! All information deemed reliable but not guaranteed. Buyer to verify all information. R# 1743

    Ashlyn Whitson REMAX Checkmate, Inc. Realtors

    Tbd Kingsport Hwy, Gray, TN 37615
  • /16

    $54,900

    $5K PRICE DROP
    • Land
    • 1.58 Acres
    • $34,747 per Acre

    Lot 41 Ridge Heights Dr, Gray, TN 37615

    1.58-Acre Wooded Homesite in Buffalo Ridge Estates . Nestled at the end of a peaceful cul-de-sac in Buffalo Ridge Estates, this 1.58-acre wooded lot offers the perfect setting for your dream home. Enjoy privacy, natural beauty, and a serene atmosphere with mature trees surrounding the property. The lot has been approved as suitable for a septic system, and utilities — including water and power —

    Laura McMillan Selling Stateline Real Estate Group

    Lot 41 Ridge Heights Dr, Gray, TN 37615
  • /10

    $45,000

    $5K PRICE DROP
    • Land
    • 0 Sq Ft

    0 Shady, Gray, TN 37615

    Great residential wooded building lot. In Graystone Estates

    Bob Quillen Bob Quillen Realtors

    0 Shady, Gray, TN 37615
  • /49

    $489,000

    $161K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,442 Sq Ft

    153 H R King Rd Unit 1, Gray, TN 37615

    Lakefront Living in a Private Cove!Welcome to your lakefront cottage dream come true! Nestled in a quiet, private cove on Boone Lake, this home offers views and incredible lake frontage you won't find every day. 100-foot lake frontage. Boat house, floating dock, perfect for the lake lover. Inside, you'll find two bedrooms and two full baths, with a flexible space perfect for a third bedroom

    Cindy Edwards REMAX Checkmate, Inc. Realtors

    153 H R King Rd Unit 1, Gray, TN 37615
  • /9

    $40,000

    • Land
    • 30,056 Sq Ft
    • $57,971 per Acre

    Tbd Grassy Cir, Gray, TN 37615

    Very spacious lot nestled in Hillendale Subdivision. It sits on dead end road in great neighborhood, right around the corner from Daniel Boone High School. It is minutes to I26 interstate, & dining and less than 20-minute drive to Johnson City TN. It is also located 20 mins to TRI Airport! Dwelling must be no less than 1500 sq ft per restrictions. All information deemed reliable, buyer to verify.

    EBONY JOHNSON KW Johnson City

    Tbd Grassy Cir, Gray, TN 37615
  • /40

    $329,900

    $13K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,846 Sq Ft

    323 Piper Glen, Gray, TN 37615

    Modern style, a smart layout, and low-maintenance living all come together in this beautifully built 2024 townhome located just minutes from I-26 with easy access to Johnson City, Kingsport, and Bristol. The main level opens to a bright and airy floor plan where the living area, dining space, and kitchen flow naturally together, creating a space that feels both comfortable and functional for

    Brittany Reed Selling Stateline Real Estate Group

    323 Piper Glen, Gray, TN 37615
  • /9

    $298,560

    $12K PRICE DROP
    • Land
    • 6.22 Acres
    • $48,000 per Acre

    Lot 1 Snyder Rd, Gray, TN 37615

    Looking for a convenient location near TRI and Boones Creek? Build your dream home amongst the stately hardwoods. This estate lot is heavily restricted to preserve your investment and solitude. Several homesite locations are possible on this lot depending on your desired privacy. This lot has lake access via the neighborhood dock. Plat and restrictions are in the listing documents. The lake

    Michael Green Green Commercial Realty, Inc.

    Lot 1 Snyder Rd, Gray, TN 37615
  • /32

    $375,000

    • 2 Beds
    • 2 Baths
    • 1,634 Sq Ft

    336 Harps Ln, Gray, TN 37615

    Welcome to this beautiful condo in the heart of Gray, offering the perfect blend of style, comfort, and convenience. Ideally located with easy access to Kingsport, Johnson City and Bristol, this home is perfect for those seeking a central Tri-Cities location. Step inside to discover a spacious, open-concept floor plan that has been thoughtfully designed.Every detail has been carefully

    REGINA BRITTON Conservus Homes

    336 Harps Ln, Gray, TN 37615
  • /29

    $539,000

    • 1,620 Sq Ft

    473 Rockingham Rd, Gray, TN 37615

    Don't miss this exceptional chance to acquire prime investment properties bundled together in a highly desirable Johnson City location with deeded Boone Lake access. This unique offering includes multiple income-generating properties on a combined 1.15 acres of mostly flat, developable land. 473 Rockingham Rd: Renovated 3BR/2BA doublewide mobile home (1,620 sq ft) on 0.53 acres. Features new

    Shaunna Collins Holston Realty, Inc

    473 Rockingham Rd, Gray, TN 37615
  • /4

    $649,900

    New Construction
    • 4 Beds
    • 3 Baths
    • 2,281 Sq Ft

    1621 Prospects Way, Gray, TN 37615

    New Construction in Daniels Ridge! This beautifully designed 3-bedroom, 3-bath home offers the perfect blend of style, comfort, and functionality. The open-concept main living area features a spacious living room with a cozy fireplace, ideal for relaxing or entertaining. The chef-inspired kitchen includes a large center island, gas appliances, abundant cabinetry, and a seamless flow into the

    CC MILHORN Conservus Homes

    1621 Prospects Way, Gray, TN 37615
  • /9

    $29,000

    $9K PRICE DROP
    • Land
    • 1.1 Acres
    • $26,364 per Acre

    Lot 24 Furches Dr, Gray, TN 37615

    Discover the beauty of Boone Lake! This lot on Furches Drive offers an incredible opportunity to enjoy panoramic lake views in a peaceful setting, conveniently located just a short drive from Kingsport and Johnson City. This property has no restrictions. The land extends into the lake, giving it a truly unique waterfront presence. A private dock may be possible with TVA approval. Buyer and

    Robert Sorrell CENTURY 21 Legacy

    Lot 24 Furches Dr, Gray, TN 37615
  • /46

    $476,500

    • 4 Beds
    • 3 Baths
    • 2,649 Sq Ft

    2155 Carroll Creek Rd, Gray, TN 37615

    Welcome to this beautiful 2025-built home in the highly desirable Boones Creek area! Offering 4 bedrooms, 3 full baths, on just over half an acre with fenced yard space, this move-in ready home combines modern style with functional living. The open-concept main level features 9-foot ceilings, luxury vinyl plank flooring throughout, and a light-filled living room with a cathedral ceiling. The

    Erika Santucci Coldwell Banker Security Real Estate

    2155 Carroll Creek Rd, Gray, TN 37615
  • /8

    $750,000

    • Land
    • 12.5 Acres
    • $60,000 per Acre

    793 S Pickens Bridge Rd, Gray, TN 37615

    12.5 +/- acres on S Pickens Bridge Rd. This property was part a larger parcel and will need to be surveyed. Beautiful property in a great location! Close to Lake Meadows subdivision. Buyer/Buyers agent to verify all information

    ROBERT BRANUM CENTURY 21 Legacy

    793 S Pickens Bridge Rd, Gray, TN 37615
  • /3

    $29,900

    • Land
    • 7,405 Sq Ft
    • $175,882 per Acre

    2200 Oak St, Gray, TN 37615

    Searching for a spot to put an Airbnb, rental property or a tiny home? Check out this corner lot in the heart of Gray within minutes to the airport and less than a mile to the interstate. Doublewides permitted. Property set-backs limit the size of home that can be built on the property. City sewer and water are available at road. Taxes to be assessed. All information deemed reliable. Buyer to

    CC MILHORN Conservus Homes

    2200 Oak St, Gray, TN 37615
  • /16

    $54,900

    $5K PRICE DROP
    • Land
    • 1.58 Acres
    • $34,747 per Acre

    Lot 40 Ridge Heights Dr, Gray, TN 37615

    1.58-Acre Wooded Homesite in Buffalo Ridge Estates . Nestled at the end of a peaceful cul-de-sac in Buffalo Ridge Estates, this 1.58-acre wooded lot offers the perfect setting for your dream home. Enjoy privacy, natural beauty, and a serene atmosphere with mature trees surrounding the property. The lot has been approved as suitable for a septic system, and utilities — including water and power —

    Laura McMillan Selling Stateline Real Estate Group

    Lot 40 Ridge Heights Dr, Gray, TN 37615
  • /43

    $489,500

    • 4 Beds
    • 3.5 Baths
    • 2,280 Sq Ft

    116 Lindsay Ln, Johnson City, TN 37615

    Welcome to this beautifully updated 4-bedroom, 3.5-bath home in Gray. Ideally situated between Johnson City and Kingsport, it offers convenient access to the airport, shopping, dining, and everyday amenities. This thoughtfully designed home features an open-concept layout with spacious living areas perfect for both everyday living and entertaining. The bright and airy living room has a vaulted

    Colin Johnson KW Johnson City

    116 Lindsay Ln, Johnson City, TN 37615

Why Live in Gray

Gray, Tennessee, is a small community located 11 miles north of Johnson City, offering a relaxed residential atmosphere with large lots and a rural appeal. Residents enjoy quick drives to local businesses and various outdoor activities. Boone Lake Beach, 4 miles northeast, is a popular summer destination, while Watauga Lake, 50 miles east, caters to boating and kayaking enthusiasts. The Gray Fossil Site and Museum, discovered in 2000, showcases fossils dating back 4.9 million years, including rare species like red pandas and rhinoceroses. The community features mid-20th-century ranch-style homes on half-acre lots and newer New Traditional-style homes with less acreage. Shopping and dining options are available along Bobby Hicks Highway, with chain restaurants and local favorites like Yong Asian House. For more extensive shopping and dining, residents often head to downtown Johnson City or The Mall at Johnson City. The Appalachian Fairgrounds host the annual Appalachian Fair and Shadrack’s Christmas Wonderland, attracting visitors from the region. Education is provided by Gray Elementary School and Daniel Boone High School, both holding high ratings and offering various student programs. Interstate 26 and Bobby Hicks Highway provide convenient access to Kingsport, Tri-Cities Airport, and Northeast State at Gray. While the community lacks public transportation, the low crime risk compared to the national average adds to its appeal.

Frequently Asked Questions

What is the average home price in Gray, TN?
Homes for sale in Gray, TN have an average home price of $474,692.
How many homes have sold over the last 12 months in Gray, TN?
35 homes have sold in Gray, TN over the last 12 months.
What is the average household income in Gray, TN?
The average household income in Gray, TN is $64K.
What are the most popular zip codes in Gray, TN?
The most popular zip codes in Gray, TN include 37615, 37663, 37659, 37617 and 37664.
How much do you need to make to afford a house in Gray?
The median home price in Gray is $485,950. If you put a 20% down payment of $97,200 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $2,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $105K a year to afford the median home price in Gray. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Gray is $64K.
How are the schools in Gray, TN?
Gray, TN has highly rated public and private schools. Some of the best schools in Gray based on Niche Grades are Lake Ridge Elementary School, Science Hill High School and Indian Trail Middle School. Browse all the schools in Gray, TN to learn more.

Home Price Trends

Median Sale Price
$434,000
Median Single Family Sale Price
$443,500
Median 2 Bedroom Sale Price
$375,000
Average Price Per Sq Ft
$225
Number of Homes for Sale
5
Last 12 months Home Sales
35
Months of Supply
1.70
Median List Price
$485,950
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
10%
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