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Home values, rents and more in Gray, TN

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$304,000
Metro: $280,000 · U.S.: $366,000
Home values, past year
+1.1%
Metro: +1.4% · U.S.: +1.2%
Population
2,237
ACS 2020–24
Median household income
$69,947
Metro: $57,762 · U.S.: $80,734
ZIP codes around Gray, TN, shaded by typical home valueGray
  • Under $320k
  • $320k–$330k
  • $330k–$340k
  • $340k+
  • No data
ZIP codes around Gray, TN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Gray is outlined.

How Gray compares

The typical home in Gray, TN is worth about $304,000, according to the Zillow Home Value Index for September 2026. Home values in Gray are 9% above the typical value in the Johnson City metro area ($280,000) and 17% below the U.S. typical value ($366,000).

Over the past year, home values in Gray rose 1.1%, compared with +1.4% in the Johnson City metro area and +1.2% nationally.

The median household income is $69,947, against $57,762 in the Johnson City metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,237 people live in Gray (American Community Survey 2020–24).

Gray has the 3rd-highest typical home value of the 11 cities in the Johnson City metro area and the 127th-highest of 394 in Tennessee with Zillow figures.

Part of: Washington County, TN · Johnson City metro area · Tennessee

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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