Gray's Creek
Suburban Neighborhood in Memphis, Tennessee
Shelby County 38016, 38017, 38018, 38028
An expansive range of home prices
Gray’s Creek is known for its wide range of home prices, which can typically range from around $450,000 to upwards of $3 million. Recently-sold homes have primarily sold in the vicinity of $250,000 to $400,000 or $500,000 to $800,000. “It’s mostly residential,” Dickens says. “There’s spots of commercial areas on the western side since that haven’t grown out far enough, so Gray’s Creek is more of a rural setting with winding, two-lane roads and lots of acreage – anywhere from five-to-20-acre properties. Prices depend on the area.” Gated communities also exist, and home styles as a whole tend to include traditional designs, ranch houses, brick Cape Cod architecture and even cottages, modern log cabins and Greek revivals.Popular dining outside Gray’s Creek
Two of the most popular hangouts are TJ Mulligans, a sports bar on the western side of Gray’s Creek right on Houston Levee Road, and YNOT Cigar Bar & Lounge, which is located in the Houston Levee Shopping Center and offers live music, DJs, karaoke and more. General errands for groceries can be fulfilled at a nearby Kroger on the west side or an Aldi to the north, as well. “Shopping and restaurants are more so found outside Gray’s Creek,” Dickens says. “That’s more into east Memphis, about 15 to 20 minutes away.”A three-school educational journey
At Macon-Hall Elementary School, rated at a C-plus by Niche, students from kindergarten through fifth grade receive an education before graduating to Mt. Pisgah Middle School. Given a C rating by Niche, the Cordova school provides education from to eighth grades with a student-to-teacher ratio of 19 to one. Germantown High School completes grade-school levels in the Gray’s Creek area, receiving a C-plus from Niche while serving as a magnet school for the area and a highly-ranking destination for student-athletes.Hitting the links or waves in Gray’s Creek
Miles of trails make up the Collierville Greenbelt, which is comprised of paved and natural pathways winding through expansive woodland. At Spring Creek Ranch’s golf course, located near the southeastern corner of Gray’s Creek, test your skills on a set of links designed by Jack Nicklaus himself. “There’s also an equine community out here,” Dickens says. “A lot of people like to ride, and this is the closest area where people like to do that. Most people’s recreation in Gray’s Creek is just being outside on their acreage, but they can also go kayaking or canoeing on the Wolf River.”Close proximity to Memphis
Interstate 269 snakes along the eastern boundary of Gray’s Creek, part of a larger beltway surrounding part of Memphis. It’s about 30 miles and 45 minutes from the neighborhood to the downtown part of the city. Route 64, which runs from close to the intersection of Colorado, Utah, New Mexico and Arizona in the west all the way to the eastern coast, also makes up the upper border of Gray’s Creek, meaning road trips aren’t out of the question.Watery habitats and nearby parks
The Long Ryders’ song “State of My Union” describes a landscape of “lakes and rivers, with lots of fields and streams.” The band wasn’t describing Gray’s Creek, but it’s apt for the layout of the Tennessee neighborhood. The expansive area is peppered with many small bodies of water scattered throughout, and the entire southern boundary consists of the Wolf River separating Gray’s Creek from Collierville. Hinton Park is located close to the southwestern corner of the neighborhood, offering its visitors a playground, soccer fields and a walking trail. Floyd Bryan Memorial Park, located just inside the eastern boundary, features a pair of baseball diamonds.
Written By
Adam Cheek
Photography Contributed By
Aaron Bloodworth
Video By
Michael Voyack
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Agents Specializing in this Area
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Kimmer Plunk
Kimmer Plunk
Centric Realty LLC
(901) 584-0113
107 Total Sales
1 in Gray's Creek
$795,000 Price
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Adam Stanford
Adam Stanford
My Home Realty
(662) 863-3629
123 Total Sales
1 in Gray's Creek
$305,000 Price
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Renee Rucker
Renee Rucker
Responds QuicklyKAIZEN Realty, LLC
(901) 441-9432
65 Total Sales
1 in Gray's Creek
$258,000 Price
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Jeffery Williams
Jeffery Williams
Responds QuicklyKeller Williams Realty
(813) 761-1204
7 Total Sales
2 in Gray's Creek
$850K - $1M Price Range
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Dylan Johnson
Dylan Johnson
901, REALTORS
(209) 618-2818
91 Total Sales
1 in Gray's Creek
$219,500 Price
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Tammy Taylor
Tammy Taylor
Responds QuicklyKaizen Realty
(901) 295-6651
50 Total Sales
1 in Gray's Creek
$350,000 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 8th to 12th
- Public
- Pre-K to 5th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Hinton Park
W.C. Johnson Park
H.W. Cox Park
Windward Slopes Park
- Tennis
- Parking Lot
- Multi-Purpose Field
Germantown Greenway
Lansdowne Park
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Gray's Creek | US |
|---|---|---|
| Homicide | 4 | 4 |
| Sexual Assault | 4 | 4 |
| Assault with Weapon | 3 | 4 |
| Robbery | 2 | 4 |
| Burglary | 2 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 3 | 4 |
| Crime Score | 3 | 4 |
Source: WhatIsMyCrimeRisk.com
Gray's Creek Demographics and Home Trends
On average, homes in Gray's Creek, Memphis sell after 56 days on the market compared to the national average of 50 days. The median sale price for homes in Gray's Creek, Memphis over the last 12 months is $344,000, down 2% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$399,500
Median Sale Price
$344,000
Median Single Family Sale Price
$377,450
Median Townhouse Sale Price
$429,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
181
Median Home Sale Price YoY Change
-2%
Average Price Per Sq Ft
$192
Neighborhood Facts
Number of Homes in Neighborhood
4,413
Number of Homes for Sale
67
Median Year Built
2003
Months of Supply
4.40
Average Single Family Home Size Sq Ft
2,765
Significantly above the national average
1,933
Average Townhouse Size Sq Ft
1,418
Average 2 Bedroom Size Sq Ft
966
Median Lot Size Sq Ft
9,147
Open Houses
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Sunday, Jun 222 - 4pm
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Sunday, Jun 222 - 4pm
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Saturday, Jun 211 - 3pm
Distribution of Home Values
Homes for Sale
Homes for Rent
-
-
$1,266 - $2,766 per month
- The Charleston
- 1-3 Beds
- 1-2 Baths
- 936+ Sq Ft
- 9981 Us Highway 64
- Arlington, TN
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Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
13,519
Median Age
39
Population Density
1 person/acre
Population under 18
26.1%
On par with the national average
23.8%
Population over 65
14.3%
On par with the national average
19.1%
Finances
Median Household Income
$127,801
Significantly above the national average
$71,702
Average Household Income
$137,475
Education and Workforce
High School Graduates
97.2%
College Graduates
51.2%
Above the national average
34.1%
Advanced Degrees
22.3%
Above the national average
13.3%
% Population in Labor Force
72.7%
Weather
Annual Precipitation
56''
Average Winter Low Temperature
29°F
Average Summer High Temperature
91°F
Annual Snowfall
6''
Area Factors
Somewhat Bikeable
Bike Score®
27
/ 100
Car-Dependent
Walk Score®
2
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Collierville
Neighborhood rooted in history with vibrant local outlets
Cordova
Thriving suburban community offers the comforts of home in Memphis' outskirts
Germantown
Red-brick beauties and tree-lined streets merge rural charm with suburban comfort.
Lakeland
Waterfront homes in landlocked Tennessee, close to stellar schools and parks
Piperton
Large homes in rural Tennessee city near bustling towns
English Meadows
Germantown suburb of classic renovated homes near Shelby Farms Park
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