Gray's Creek Homes for Sale

• 

  

  

  /3

  $150,000

  • Land
  • 15.51 Acres
  • $9,671 per Acre

  0 George R James Unit 10170797, Unincorporated, TN 38028

  

  Skip Miller

  Morris Realty & Auction, LLC

  0 George R James Unit 10170797, Unincorporated, TN 38028
• Explore Gray's Creek

• 

  

  

  /40

  $698,000

  $52K PRICE DROP

  • 5 Beds
  • 4.5 Baths
  • 4,692 Sq Ft

  501 N Country Way Dr, Cordova, TN 38018

  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

  

  Aubrey Tilson

  Crye-Leike, Inc., REALTORS

  501 N Country Way Dr, Cordova, TN 38018
• 

  

  

  /12

  $145,000

  • Land
  • 2 Acres
  • $72,500 per Acre

  269 Monterey Mills Rd N, Unincorporated, TN 38017

  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.

  

  Steve Boysen

  Crye-Leike, Inc., REALTORS

  269 Monterey Mills Rd N, Unincorporated, TN 38017
• 

  

  

  /8

  $325,900

  $14K PRICE DROP

  • Land
  • 3.62 Acres
  • $90,028 per Acre

  360 Lexington Manor Dr, Eads, TN 38028

  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

  

  Stephen Mansour

  KAIZEN Realty, LLC

  360 Lexington Manor Dr, Eads, TN 38028
• 

  

  

  /39

  $750,000

  • 4 Beds
  • 4 Baths
  • 3,784 Sq Ft

  12387 Cascabel Ln, Collierville, TN 38017

  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,

  

  Allen Green

  John Green & Co., REALTORS

  12387 Cascabel Ln, Collierville, TN 38017
• 

  

  /28

  $320,000

  $30K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 2,561 Sq Ft

  1525 Carlton Ridge Dr, Cordova, TN 38016

  Welcome home to this beautiful Cordova home featuring 4 bedrooms PLUS a spacious bonus room! The thoughtfully designed floor plan offers the primary suite plus two additional bedrooms downstairs, with a fourth bedroom and bonus room upstairs. Soaring ceilings and a dramatic catwalk overlooking the great room create an open, spacious feel, while the gas fireplace provides a beautiful focal point.

  

  Samiha Alward

  Keller Williams

  1525 Carlton Ridge Dr, Cordova, TN 38016
• 

  

  /4

  $299,377

  • 5 Beds
  • 2.5 Baths
  • 2,413 Sq Ft

  10238 Brimhill Cove, Cordova, TN 38016

  (IMMEDIATE $50,000 OF EQUITY) Spacious unincorporated 5-bedroom, 2.5-bath home located on a desirable cove in a Cordova neighborhood! This property offers plenty of room for family, guests, a home office, or hobby space. Enjoy the large backyard featuring partial fencing, providing space for outdoor entertaining, pets, gardening, or play. Conveniently located near shopping, dining, parks, and

  

  Dylan Johnson

  901, REALTORS

  10238 Brimhill Cove, Cordova, TN 38016
• 

  

  /25

  $1,767,500

  $228K PRICE DROP

  • Land
  • 100.27 Acres
  • $17,627 per Acre

  11764 Macon, Eads, TN 38028

  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.

  Jeremy Ryan Crye-Leike, Inc., REALTORS

  11764 Macon, Eads, TN 38028
• 

  

  /40

  $584,900

  New Construction

  • 3 Beds
  • 3 Baths
  • 2,721 Sq Ft

  12155 Sugar Magnolia Loop, East Central Shelby, TN 38017

  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 &

  Lisa Fitzgerald Main Street, REALTORS

  12155 Sugar Magnolia Loop, East Central Shelby, TN 38017
• 

  

  /12

  $219,000

  • Land
  • 2.29 Acres
  • $95,633 per Acre

  485 Chelsea Meadow Cove Unit 44, Unincorporated, TN 38028

  These are Lots in Shelby County, TN in a "Gated Community" with paved roads, water, electricity, & gas available at the Lots. The Lots are on septic systems, with the lots being 2, 3 acres.

  485 Chelsea Meadow Cove Unit 44, Unincorporated, TN 38028
• 

  

  /34

  $365,000

  • 4 Beds
  • 3 Baths
  • 2,213 Sq Ft

  1813 Talisker Dr, Cordova, TN 38016

  Don't miss this beautiful home in a wonderful part of UNINCORPORATED Shelby County. This 4/3 home is ready for you. This home is close to restaurants, shopping, medical facilities, schools and so much more. The home has been well maintained and ready for your family.

  Kevin Brown eXp Realty, LLC

  1813 Talisker Dr, Cordova, TN 38016
• 

  

  /40

  $2,100,000

  • 5 Beds
  • 4.5 Baths
  • 4,076 Sq Ft

  12368 Macon Rd, Collierville, TN 38017

  On this 80+ acres experience the perfect blend of modern design that meets the beauty of the countryside. Perfect privacy in this one-of-a-kind Green Modern Vernacular estate designed with geothermal technology for exceptional energy efficiency. This extraordinary property has abundant wildlife, & a 15' deep stocked pond. Inside, dramatic floor-to-ceiling windows flood the home with natural

  Brahim Lamghari Crye-Leike, Inc., REALTORS

  12368 Macon Rd, Collierville, TN 38017
• 

  

  /5

  $142,000

  • Land
  • 20,037 Sq Ft
  • $308,696 per Acre

  421 Cassidy Ln, Collierville, TN 38017

  One of the best remaining lots in Spring Creek Ranch (Lot #250). Spring Creek Ranch is an upscale private enclave with no city taxes and built for lifestyle: enjoy the community pool, tennis courts, walking trails, and private lake. $1500 annual dues. Bring your builder and build your dream home in this tight-knight and friendly neighborhood.

  Marq Cobb Myers Cobb Realtors, LLC

  421 Cassidy Ln, Collierville, TN 38017
• 

  

  /12

  $219,000

  • Land
  • 2.52 Acres
  • $86,905 per Acre

  44 Lexington Manor Ln, Unicorp/Eads, TN 38028

  Chet Whitsitt Crye-Leike, Inc., REALTORS

  44 Lexington Manor Ln, Unicorp/Eads, TN 38028
• 

  

  /3

  $129,500

  • Land
  • 2.03 Acres
  • $63,793 per Acre

  LOT 42 Monterey Mills Cove N, Unincorporated, TN 38017

  This is one of the last lots remaining in Monterey Farms. It has a water feature in front with an elevated home site in the back. The owner has all entitlements, including septic approval, perk test, 95% complete custom home plans that can be included with the purchase. Short drive around the corner to Spring Creek Ranch golf course.

  Chris Neely Harris Realty Services

  LOT 42 Monterey Mills Cove N, Unincorporated, TN 38017
• 

  

  /5

  $142,000

  • Land
  • 19,602 Sq Ft
  • $315,556 per Acre

  425 Cassidy Ln, Collierville, TN 38017

  Highly sought-after Spring Creek Ranch lot available! Neighborhood amenities - pool and tennis courts. Seller also has HOA-approved house plans available for purchase.

  Joy Williams Main Street, REALTORS

  425 Cassidy Ln, Collierville, TN 38017
• 

  

  /40

  $999,999

  $150K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 4,067 Sq Ft

  474 Bethany, Eads, TN 38028

  DRASTIC PRICE REDUCTION:The sellers are moving out of state. This is a multi-generational sanctuary set on nearly 7 acres, where classic architectural design meets sophisticated modern upgrades to create a private escape defined by luxury, space, and elegance. Car enthusiasts, hobbyists, or guests will appreciate the exceptional 3-car garage with a full apartment above, offering endless

  Elena Holcomb John Green & Co., REALTORS

  474 Bethany, Eads, TN 38028
• 

  

  /40

  $295,000

  $55K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,124 Sq Ft

  10320 Macon Rd, Cordova, TN 38016

  Take advantage of this great opportunity to own a 3 bed/2 bath home on 4 acres in convenient location! Transform this house into your dream home! Offering a split floorplan, tons of natural lighting in the living area, a great covered patio which could be easily screened in, spacious laundry room, a huge walk out basement that has been waterproofed and offers a lifetime warranty. New garage door

  Paige Holmes Coldwell Banker Collins-Maury

  10320 Macon Rd, Cordova, TN 38016
• 

  

  /8

  $285,000

  $10K PRICE DROP

  • Land
  • 4.29 Acres
  • $66,434 per Acre

  0 Lexington Manor Cove Unit 10207168, Eads, TN 38028

  Lot is 4.29 acres. Lot 20. Gated community. Located in a Cv! It is cleared,level and ready for your dream home! Minimum square footage is 7,000 Back on market no fault to seller! Survey has been done !

  Itzel Sanchez Bustamante Keller Williams

  0 Lexington Manor Cove Unit 10207168, Eads, TN 38028
• 

  

  /5

  $1,250,000

  • Land
  • 6.34 Acres
  • $197,161 per Acre

  0 Hwy 72 Hwy Unit 10214555, Collierville, TN 38017

  Prime Commercial Opportunity in Piperton – 6 Acres at a High-Visibility Corner Exceptional opportunity to secure approximately 6 acres in one of the fastest-growing areas of Fayette County. Ideally positioned at the highly visible corner of Highway 72 and Milton Road (at the start of Highway 196), this property offers outstanding frontage, easy access, and strong traffic exposure—making it a

  Brian Smith Crye-Leike, Inc., REALTORS

  0 Hwy 72 Hwy Unit 10214555, Collierville, TN 38017
• 

  

  /6

  $948,000

  • Land
  • 25.62 Acres
  • $37,002 per Acre

  0 Collierville-Arlington Rd N Unit 10115423, Eads, TN 38028

  Rural streetscape in Fisherville is just a few miles from I-269/385. Lots of potential uses on this tract. Has a 1960 brick home on northwest corner. Property touches existing commercial zoning on Hwy 205(Collierville-Arlington).Home being sold as is .This once working farm has unlimited potential for Estate or Equistrian site, commercial or residential development. Or keep it as it is as a

  Keith Morris Morris and Morris

  0 Collierville-Arlington Rd N Unit 10115423, Eads, TN 38028
• 

  /2

  $450,000

  • Land
  • 4.74 Acres
  • $94,937 per Acre

  0 Hwy 72 Hwy Unit 10211511, Collierville, TN 38017

  Michael Medling Weichert, REALTORS-BenchMark

  0 Hwy 72 Hwy Unit 10211511, Collierville, TN 38017
• 

  

  /40

  $1,650,000

  • 6 Beds
  • 6.5 Baths
  • 7,590 Sq Ft

  11195 Barbara Cove, Eads, TN 38028

  Comfortably elegant 7590 SF home on three floors. Secluded 2.37 acre site in Collierville Reserve with private lake w/ dock! 6BR/5.5 Baths. Back-up generator! MAIN LEVEL: 2-story foyer. Large living area w/ fireplace, built-ins & panoramic bay window. Elegant dining room w/ finely crafted millwork. Central kitchen w/ island + breakfast bar + casual dining area. Luxury primary suite w/ fireplace.

  David Tester Marx-Bensdorf, REALTORS

  11195 Barbara Cove, Eads, TN 38028
• 

  

  /11

  $110,000

  $5K PRICE DROP

  • Land
  • 20,908 Sq Ft
  • $229,167 per Acre

  12668 Bravo Rd, Collierville, TN 38017

  County taxes only! Build your dream home on nearly a half-acre lot in the much sought-after community of Spring Creek Ranch in the Collierville reserve area. The amenities include a neighborhood pool, tennis courts, and a lake Look no further. This lot awaits the construction of your beautiful home, and the best part is the county taxes are low

  Jason Wallace Keller Williams Realty

  12668 Bravo Rd, Collierville, TN 38017
• 

  

  /30

  $380,000

  • 4 Beds
  • 2.5 Baths
  • 2,299 Sq Ft

  9983 Messana Cove, Cordova, TN 38016

  No City Taxes—County Taxes Only!~Like-New 2023 Construction in a Quiet, Private Cordova Cove~Offering 4 Bedrooms, 2.5 Baths & 2,299 Sq. Ft. of Modern Living~Spacious Open-Concept Layout w/Abundant Natural Light & Contemporary Finishes Throughout~Sleek Chef’s Kitchen~Relaxing Primary Suite w/Private En-Suite Bath & Ample Closet Space~Three Additional Bedrooms Ideal for Guests, Nursery or Home

  Elliot Cerezo The Home Partners Realty

  9983 Messana Cove, Cordova, TN 38016
• 

  

  /40

  $1,249,000

  $30K PRICE DROP

  • 5 Beds
  • 5 Baths
  • 6,686 Sq Ft

  815 Dent Rd, Eads, TN 38028

  Experience elevated estate-style living in sought-after Eads. No HOA + no city taxes. This stately brick home offers serene water views, wraparound porches, & iron-railed balconies. Inside, a dramatic two-story foyer with a 20-foot ceiling, sweeping curved staircase, & dazzling chandelier creates a grand first impression. The masculine great room features custom millwork, abundant natural light,

  Ashley Wisch eXp Realty, LLC

  815 Dent Rd, Eads, TN 38028
• 

  

  /40

  $729,000

  $20K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 4,623 Sq Ft

  12525 Walnut Grove Rd, Collierville, TN 38017

  Looking for a large home with privacy and no city taxes? At the end of the day, just imagine watching the deer and other wildlife play in your back yard. North of Collierville, just past Spring Creek Ranch lies the luxurious enclave of Monterey Farms. Custom built on 2.47 acres & bordered by woods on 3 sides, this stately home offers 4 bedrooms (2 down), 3.5 baths, modern kitchen, dining room,

  Larry Crowder Crye-Leike, Inc., REALTORS

  12525 Walnut Grove Rd, Collierville, TN 38017
• 

  /2

  $125,000

  • Land
  • 2.7 Acres
  • $46,296 per Acre

  11737 Stable View Dr, Eads, TN 38028

  Anna Bishop Crye-Leike, Inc., REALTORS

  11737 Stable View Dr, Eads, TN 38028
• 

  

  /40

  $4,155,000

  • 7 Beds
  • 9 Baths
  • 12,233 Sq Ft

  11469 Monterey Rd, Eads, TN 38028

  Custom estate property located on 8.67 acres in the heart of Eads, TN. One owner home by Dave Moore. The main house measures over 12,000 square feet with most of the living space on one floor. Huge outdoor living space overlooking fabulous pool, hot tub. This house was built for entertaining inside and out. The details for the main property are endless so please ask your REALTOR for a list of the

  Cathleen Black Marx-Bensdorf, REALTORS

  11469 Monterey Rd, Eads, TN 38028
• 

  

  /6

  $99,999

  • Land
  • 2.3 Acres
  • $43,478 per Acre

  11926 Stable View Dr, Eads, TN 38028

  Beautiful green lot boasting over 2 acres of breathtaking views! Neighboring homes valued at millions of dollars and growing! This is truly the promised land of opportunity and no other area compares to this exclusive subdivision in Eads, TN. Low annual taxes is one of the perks to living in a country setting yet still close to the city lights! HIGHEST & BEST OFFERS DUE BY 5PM! Septic Tank

  Mitanni Spruill The Spruill Agency, LLC

  11926 Stable View Dr, Eads, TN 38028
• 

  

  /3

  $595,000

  • Land
  • 9.18 Acres
  • $64,815 per Acre

  11167 Monterey Rd, Eads, TN 38028

  Collierville Reserve parcel featuring over 9 acres of partially wooded, rolling hills! Property also includes all utilities at the street with a well already installed. Another great attribute to this land is county taxes only, no city taxes!

  Steven Koleno Beycome Brokerage Realty LLC

  11167 Monterey Rd, Eads, TN 38028
• 

  

  /6

  $575,000

  • Land
  • 3.44 Acres
  • $167,151 per Acre

  340 S Collierville-Arlington Rd, Unincorporated, TN 38017

  Discover the perfect setting to build your dream home on this beautiful 3.44-acre homesite overlooking the 16th hole of Jack Nicholas designed, Spring Creek Golf Course. This spacious lot offers the ideal blend of privacy, scenic golf course views, and room to create a custom estate tailored to your lifestyle. Enjoy the peaceful surroundings of a premier golf community while remaining

  Jon Dickens The Firm

  340 S Collierville-Arlington Rd, Unincorporated, TN 38017
• 

  

  /26

  $330,000

  $10K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,854 Sq Ft

  1626 Sutton Meadow Ln, Cordova, TN 38016

  Welcome to this stunning all-brick home in the heart of Cordova! Boasting 2,800 sq ft across two stories, this spacious property features an impressive arched entry, soaring vaulted ceilings, and elegant columns that set the tone throughout. The open main level offers a large living room, separate family room, dedicated dining area, and a bright sunroom with a cozy fireplace and tile flooring.

  Jennifer Woods Real Estate Agency

  1626 Sutton Meadow Ln, Cordova, TN 38016
• 

  

  /4

  $100,000

  • Land
  • 2.25 Acres
  • $44,444 per Acre

  11970 Stable View Dr Unit Lot 24 (LAST LOT O, Unincorporated, TN 38028

  HIGHEST & BEST OFFERS DUE BY 5PM! SOLD AS PACKAGE WITH ADJACENT LOTS#22 & #23 (6+ ACRES), FOR TOTAL PRICE $300,000. (LOT 23 has septic tank install approved on 9-11-2025.) Beautiful green lot boasting over 2 acres of breathtaking views! Neighboring homes valued at millions of dollars and growing! This is truly the promised land of opportunity and no other area compares to this exclusive

  Mitanni Spruill The Spruill Agency, LLC

  11970 Stable View Dr Unit Lot 24 (LAST LOT O, Unincorporated, TN 38028
• 

  

  /4

  $513,900

  New Construction

  • 4 Beds
  • 3 Baths
  • 2,506 Sq Ft

  484 Ranch Trail, Collierville, TN 38017

  Construction beginning March 2026 in The Trails at Spring Creek Ranch. This new, GATED subdivision backs up to the golf course at Spring Creek Ranch and is only 8 minutes from the Historic Collierville Town Square and 8 minutes from I-269. Enjoy the outdoors while sitting on your back covered porch w/ Fireplace. Low Maintenance home great for easy living and lock & leave. "Wynbrook" plan w/

  Lisa Fitzgerald Main Street, REALTORS

  484 Ranch Trail, Collierville, TN 38017
• 

  

  /40

  $699,000

  $16K PRICE DROP

  • 4 Beds
  • 4 Baths
  • 3,699 Sq Ft

  534 Justana Dr, Collierville, TN 38017

  Welcome to Spring Creek Ranch and this exceptional John Duke Homes design, where timeless architecture, thoughtful updates, and luxury living meet. This 4BR/4BA home offers an open, light-filled floor plan with vaulted ceilings, exposed wood beams, and a spacious kitchen flowing into the great room. Enjoy a private covered patio, chipped travertine flooring, travertine tile in the primary bath, 2

  John Quinn REMAX Experts

  534 Justana Dr, Collierville, TN 38017
• 

  

  /40

  $325,999

  • 3 Beds
  • 2.5 Baths
  • 2,021 Sq Ft

  1472 Pemberton Ln, Cordova, TN 38016

  Open house Saturday 08/29 from 11 AM to 1 PM. NO CITY TAXES! Discover the space, style, and setting you've been searching for at 1472 Pemberton Lane. This 2,199 sq ft Cordova/Sutton Ridge home offers 3 spacious bedrooms, 2.5 baths, and a quarter-acre-plus lot room to live, work, and entertain without compromise. Freshly updated in 2026 with a new roof, new AC and furnace, and fresh

  Stacy Hobson J Hunter Realty

  1472 Pemberton Ln, Cordova, TN 38016
• 

  

  /8

  $325,000

  • Land
  • 3.11 Acres
  • $104,502 per Acre

  530 Lexington Manor Ln Unit lot 29, Eads, TN 38028

  Fabulous building lot in the Enclave at Sparkle Creek. 3.11 acres. Lot 29. Gated community. This lot is one of the nicest available! It is cleared, level and ready for your dream home. Located near the entrance. Equestrian Friendly. Very close to Germantown and Collierville.

  Hedda Schwartz KAIZEN Realty, LLC

  530 Lexington Manor Ln Unit lot 29, Eads, TN 38028
• 

  

  /40

  $2,150,000

  • 6 Beds
  • 6 Baths
  • 9,466 Sq Ft

  315 Mountain Brook Cove, Eads, TN 38028

  Nestled on over 4 private acres in an exclusive gated enclave, this impressive 9,466+ sq. ft. French Country estate offers exceptional privacy just minutes from Germantown and Collierville. Located in unincorporated Shelby County with no city taxes! Features 6 BR, 4 full/2 half BA, including 2 bedrooms down and an expansive primary suite. Elegant living and dining areas flow into an updated

  Sam Tiwana KAIZEN Realty, LLC

  315 Mountain Brook Cove, Eads, TN 38028
• 

  

  /40

  $927,000

  • 5 Beds
  • 4.5 Baths
  • 5,589 Sq Ft

  160 Monterey Mills Cove, Collierville, TN 38017

  Nested in Monterey Farms community, this 5 bedroom, 4 bathrooms, sits on 2 acres, and just minutes from Collierville Square. No city taxes, county only, makes this home more affordable. Come see the neighborhood and you won't leave after viewing this home. The oversized master, along with 2 other bedrooms down will allow you to enjoy the home. Downstairs offers a dining room, living room, hearth

  Andre Pruitt TRG Real Estate Services, LLC

  160 Monterey Mills Cove, Collierville, TN 38017

Showing Results 1 - 40, Page 1 of 3

Why Live in Gray's Creek

Gray's Creek, located on the outskirts of Memphis, Tennessee, provides a rural living experience with the convenience of nearby city amenities. The neighborhood features large lots ranging from five to 20 acres and a variety of home styles, including traditional designs, ranch houses, modern log cabins, and Greek revivals. The area is primarily residential, with some commercial spots on the western side. Dining options like TJ Mulligans and YNOT Cigar Bar & Lounge are popular, while more extensive shopping and restaurants are about 15 to 20 minutes away in east Memphis. Outdoor activities are abundant, with Hinton Park offering a playground, soccer fields, and walking trails, and the Collierville Greenbelt providing miles of paved and natural pathways. The Spring Creek Ranch golf course, designed by Jack Nicklaus, is a notable feature for golf enthusiasts. Additionally, Gray's Creek has an equine community, with many residents enjoying horseback riding. The neighborhood's proximity to Interstate 269 allows for a convenient commute to downtown Memphis, approximately 30 miles away. The area is also known for its natural beauty, with small bodies of water scattered throughout and the Wolf River forming its southern boundary. This combination of rural charm and accessibility makes Gray's Creek a unique place to live.

Learn more about living in Gray's Creek

Gray's Creek, Memphis, TN Home Prices vs. Nearby Neighborhoods

	Gray's Creek	Keswick-Stornaway	Collierville	Southern Shelby County
Median Home Price	$435,000	$350,000	$550,000	$325,000
Median Sale Price	$802,500 +6% YoY	$340,000 +5% YoY	$519,475 -4% YoY	$301,625 +1% YoY
Median Single Family Price	$409,000	$330,000	$539,000	$300,500
Median Townhouse Price	--	$339,500	$449,000	$494,500
Median Condo Price	$638,750	--	$440,000	$202,000
Total Active Listings	65 listings	10 listings	335 listings	86 listings
Market Conditions	3 Months of Supply Seller's Market	5 Months of Supply Balanced Market	4 Months of Supply Balanced Market	3 Months of Supply Seller's Market

Frequently Asked Questions

Is Gray's Creek a good place to live?

Gray's Creek is a good place to live. Gray's Creek is considered very car-dependent and somewhat bikeable. Gray's Creek is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Gray's Creek has 6 parks for recreational activities.It is sparse in population with 1.0 people per acre and a median age of 39. The average household income is $137,475 which is above the national average. College graduates make up 51.2% of residents. A majority of residents in Gray's Creek are home owners, with 27% of residents renting and 73% of residents owning their home. A local real estate agent serving Gray's Creek can help you decide if this neighborhood is the right one for you. Learn more on our Gray's Creek neighborhood guide.

Is Gray's Creek, TN a safe neighborhood?

Gray's Creek, TN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.

How much do you need to make to afford a house in Gray's Creek?

The median home price in Gray's Creek is $435,000. If you put a 20% down payment of $87,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $2,240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Gray's Creek. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Gray's Creek is $137K.

What are the best public schools in Gray's Creek?

The best public schools that serve Gray's Creek are:

• Macon-Hall Elementary School has a B- Niche grade, a student teacher ratio of 17:1 and an average review score of 3.7.
• Germantown High School has a C+ Niche grade, a student teacher ratio of 18:1 and an average review score of 3.7.
• Cordova High School has a C+ Niche grade, a student teacher ratio of 19:1 and an average review score of 3.5.

What are the best private schools in Gray's Creek?

The best private schools that serve Gray's Creek are:

• Heritage Baptist Academy has an A+ Niche grade, a student teacher ratio of 10:1 and an average review score of 4.9.
• St. George's Independent School - Collierville Campus has an A+ Niche grade, a student teacher ratio of 4:1 and an average review score of 3.8.
• Briarcrest Christian School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.5.

What are the most popular zip codes in Gray's Creek, Memphis, TN?

The most popular zip codes in Gray's Creek, Memphis, TN include 38028, 38018, 38016, 38017 and 38002.

What are the most popular neighborhoods near Gray's Creek, Memphis, TN?

The most popular neighborhoods near Gray's Creek, Memphis, TN are Cordova, Southern Shelby County, Poplar Estates, English Meadows and Poplar Pines.