The median home in Gray, Tennessee is valued at $296,829, up 0.2% year over year. Gray is part of the Johnson City, TN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Johnson City, TN stress score, crash risk, and 12-month forecast →

Home Value$296,829

+0.2%

AFFORDABILITY

Enter your income for Gray.

Income (annual)

Down Payment

$59,366 on $296,829

Stretch — 29.5% of income

Above 28% but manageable with cuts.

PITI$1,843

P/I29.5%

Afford$282K

Gap-$15K

P&I $1,501Tax $176Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Tennessee

Compare Gray with other housing markets across Tennessee.

Brentwood$1395K College Grove$1225K Arrington$1132K Lookout Mountain$977K Franklin$904K Nolensville$819K Thompsons Station$728K Eads$681K

Full Johnson City, TN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Johnson City, TN metro.

View Johnson City, TN metro →

GRAY, TN