$462,636Average Value$187Average Price per Sq Ft70Homes For Sale
Rural living outside of Memphis
On the outskirts of Memphis in southwestern Tennessee, Gray’s Creek’s atmosphere gives its residents the tranquil environment of rural living while still making it easy to get to the nightlife of downtown. Its wide span of home prices, large lots and history, be it one of the area’s first brick homes or a longstanding stagecoach inn, means it has much to offer amid its nature-filled landscape. “It’s a rural setting close to the suburbs but still near city amenities,” says “Big Jon” Dickens, a real estate associate with The FIRM Memphis Real Estate. “People love living in the areas that surround Memphis, and Gray’s Creek is just east enough of town to be secluded with a nice rural feel yet still very close to the city. It’s unique, encompasses a broad area and is multi-generational.”
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.
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.
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.”
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.
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.
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
Are you familiar with the Gray's Creek neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Gray's Creek
US
Homicide
4
4
Sexual Assault
3
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
3
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Gray's Creek Demographics and Home Trends
On average, homes in Gray's Creek, Memphis sell after 71 days on the market compared to the national average of 56 days. The median sale price for homes in Gray's Creek, Memphis over the last 12 months is $780,000, up 2% from the median home sale price over the previous 12 months.
*NEW PRICE!* Better than new & no wait! Completed in 2023 & nestled on over 2 private wooded acres, this exceptional custom home offers luxury finishes, timeless design, & peaceful surroundings with NO city taxes. The thoughtfully designed floor plan features 2 bedrooms/2 baths down, incl. a spa-like primary suite w/ walk-in closet & gorgeous bathroom w/ soaker tub & double entry shower. The
Welcome to this beautifully updated custom home situated on a private 2-acre lot in one of Collierville's most desirable communities. Offering 5 beds and 4.5 baths, this exceptional residence features a fully remodeled gourmet kitchen with Thermador appliances, quartz countertops, and a butler's pantry with a Sonic ice maker and wine fridge. All new engineered hardwood flooring, fresh interior
REDUCED $35K FOR YOU! Welcome to luxury living in the prestigious Spring Creek Ranch Community. This stunning residence, built by John Duke, makes a grand first impression with custom heavy iron front doors, set perfectly on a quiet, private cove lot. Inside, you’ll find gorgeous hardwood floors that flow seamlessly through an open, light-filled layout. The heart of the home features a spacious
Delightful location in Spring Creek Ranch in the Collierville Reserve! No city taxes! Lots are just the right size...big enough to enjoy yet small enough for minimal maintenance. This one will checks all the boxes! Front porch and covered patio for entertaining or just solitude! Plantation shutters throughout! Generous floorplan offers an open first level: dining room, great room w/fireplace,
Rarely does an opportunity like this come along. Nestled on 4+ private acres with no city taxes, this exceptional property offers the kind of space, privacy, and natural beauty that is becoming increasingly difficult to find. Surrounded by mature trees, scenic views, and a stocked pond, the setting feels worlds away while remaining just minutes from Briarcrest and the conveniences of Collierville
Build your dream luxury estate in the prestigious Monterey Farms community in 38017! Located just north of Spring Creek Ranch, this gorgeous and serene 2-acre homesite offers a rare opportunity to create a custom home surrounded by stunning estate properties and beautiful natural surroundings. With a 5,000 sq ft minimum, Monterey Farms is known for its elegance, privacy, and timeless curb appeal.
3.62 acres of beautiful flat land to build your dream home. Gated community of private mansions with lakes, woods and wildlife. No city taxes! Bring your builder to build your forever home and enjoy the paradise out in the country. One of the largest lots in the subdivision if not the largest and located in the back of the PUD for your privacy. Seller decided to purchase an existing home instead
POSSIBLE OWNER FINANCE! Welcome to Spring Mill Farm, a premier hunter/jumper facility in Eads, TN, just 35 minutes from Memphis Airport. For over 20 years, we'vebred champions on 77+/- acres with ponds and a creek. Outdoor highlights: 30 acres of riding space, a Grand Prix field with a bank and water jump, and an all-weather jumping arena. Indoors: a 100 x 150 ft. lit arena with viewing room. Our
For generations, this remarkable property has been part of one family’s story. Originally conveyed by deed in 1845, it is now ready for the next chapter. Set on 74± acres along prestigious Monterey Rd., this exceptional property offers a rare opportunity on one of Shelby County’s most coveted addresses, just minutes from Collierville and Germantown. Rolling hills, mature hardwoods, open meadows,
This lovely gated community features a lake, 3 bedrooms, 2 baths - luxury bath with whirlpool tub, 2 car garage, island in kitchen and new roof. Contact agent for more details on this home.
101 Acres in the heart of Fisherville, Tn. City water, natural gas and road frontage on Macon Rd. as well and Collierville Arlington. This would make a great residential development property. Marketable timber, fire department less than 2 miles from the subject. Drive out anytime.
New Home under construction in the exciting new subdivision, The Trails at Spring Creek Ranch. This GATED neighborhood backs up to the golf course at Spring Creek Ranch and is only 8 minutes from the Historic Collierville Town Square. Enjoy the views and water feature while walking the trail or sitting on your covered back porch w/ fireplace. Low Maintenance home great for easy living and lock &
Your Private Country Retreat Awaits! Nestled on 6.28 scenic acres, this beautifully updated 4-bedroom, 3-bath home offers the perfect balance of modern comfort and outdoor living. The main level features 3 spacious bedrooms and 2 renovated baths, while upstairs you'll find a large entertainment room, private guest suite, and full bath—ideal for hosting family and friends. The stunning, newly
Beautiful 3-bedroom, 2-bath home in the desirable Sutton Place East community! This single-story home offers approximately 1,310 sq. ft. of comfortable living space with an open floor plan, spacious bedrooms, a 2-car garage, and a convenient location near schools, shopping, dining, and major highways. Don't miss this great rental opportunity—schedule your showing today!
Where an exceptional array of luxury features combine with quality-crafted apartment homes to support your busy lifestyle! Whether you choose a one, two, or three bedroom apartment homes, your designer living area will provide an opportunity for you to comfortably relax at the end of your day in your roman-style garden tub, unwind on your private patio or balcony, or enjoy entertaining friends
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.Interested in this home? You clearly have exceptional taste. This charming 3.0-bedroom, 2.5-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home is priced to rent and won't be around for long. Apply now, while we make this home ready for you, or call to arrange a meeting with your local Progress Residential leasing specialist
Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $55 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.Interested in this home? You clearly have exceptional taste. This charming 3.0-bedroom, 2.0-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.Coming soon! This home is currently being enjoyed by another resident but will be available soon. Please respect their privacy and do not disturb. You can complete the application process and reserve
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.This home is priced to rent and won't be around for long. Apply now, while we make this home ready for you, or call to arrange a meeting with your local Progress Residential leasing specialist
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.Interested in this home? You clearly have exceptional taste. This charming 4-bedroom, 2.0-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and
Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening!Take advantage of the incredible location,
Now offering 20-month leases. Sign today and lock in today’s low rate for the next 20 months! Offer valid for new applicants who sign a 20-month lease by July 31st, 2026. Base rent will remain at the 12-month lease rate for the duration of the 20-month term. Offer is contingent on application approval and execution of a lease agreement. Other terms and conditions may apply. This property is
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.Coming soon! This home is currently being enjoyed by another resident but will be available soon. Please respect their privacy and do not disturb. You can complete the application process and reserve
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