Why Live in Gravlee
Gravlee in Tupelo, MS, is a neighborhood characterized by cottages with Colonial Revival and French Country influences, often featuring long driveways and carports. The area is bordered to the north by Jackson Street, which can experience congestion during rush hour. Sidewalks along the main roads are frequently used by residents heading to nearby restaurants and parks. Although Gravlee lacks its own green spaces, nearby parks such as Rob Leake City Park, Gumtree Park, and Dot Cooper Kelly Park offer various recreational facilities. Cultural attractions include the Tupelo Community Theater and the Elvis Presley Birthplace, both within a 5-mile radius. Dining options in the vicinity include ForkLift, Romie’s Grocery, Strange Brew Coffeehouse, and Danver’s, while shopping needs can be met at Reed’s, Kroger, and The Mall at Barnes Crossing. The neighborhood is less than two miles from Cadence Bank Arena, which hosts events like Harlem Globetrotters games and country music concerts. The annual Tupelo Elvis Festival and a summer downtown farmer’s depot add to the local things to do. Gravlee is conveniently located near North Gloster Street, West Main Street, and Mississippi Highway 178, with downtown Tupelo less than a mile away. However, residents should be aware of active railroad tracks behind Rankin Boulevard and areas prone to flooding along King's Creek. The neighborhood is served by highly rated schools, including Carver Elementary, Lawhon Elementary, Milam Elementary, Tupelo Middle School, and Tupelo High School.
Frequently Asked Questions
Is Gravlee a good place to live?
Gravlee is a good place to live. Gravlee is considered somewhat walkable and somewhat bikeable. Gravlee has 2 parks for recreational activities. It has a median age of 36. The average household income is $63,337 which is below the national average. College graduates make up 31% of residents. A majority of residents in Gravlee are renters, with 54.9% of residents renting and 45.1% of residents owning their home. A
local real estate agent serving Gravlee can help you decide if this neighborhood is the right one for you. Learn more on our
Gravlee neighborhood guide.
How much do you need to make to afford a house in Gravlee?
The median home price in Gravlee is $600,000. If you put a 20% down payment of $120,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,100 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $133K a year to afford the median home price in Gravlee. The average household income in Gravlee is $63K.
What are the best public schools in Gravlee?
The best public schools that serve Gravlee are:
What are the best private schools in Gravlee?
The best private schools that serve Gravlee are:
What are the most popular zip codes in Gravlee, Tupelo, MS?
What are the most popular neighborhoods near Gravlee, Tupelo, MS?
Are home prices dropping in Gravlee?
Yes, home prices in Gravlee are down 2% in the last 12 months.
Home Trends in Gravlee, MS
On average, homes in Gravlee, Tupelo sell after 185 days on the market compared to the national average of 70 days. The median sale price for homes in Gravlee, Tupelo over the last 12 months is $540,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$540,000
Median Single Family Sale Price
$549,900
Median Townhouse Sale Price
$422,910
Average Price Per Sq Ft
$403
Number of Homes for Sale
1
Last 12 months Home Sales
6
Median List Price
$600,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
5%