“Very professional and consistent.”
Coldwell Banker Pryor Realty
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Gray real estate Market Report.
Information and statistics on the latest trends in the Gray real estate market. *
Latest Rolling 3-Month Snapshot
Jun 1, 2026 - Aug 31, 2026
Median sale price
$345K
-19%
from Q2 '26
Median list price
$413K
+10%
from Q2 '26
Active listings
14
+7.7%
from Q2 '26
Homes sold
9
-36%
from Q2 '26
New pendings
8
-33%
from Q2 '26
New listings
8
+100%
from Q2 '26
Quarterly Pricing Trends for Gray
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Gray
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Gray
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Gray
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Gray
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Gray
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jun 2026 - Aug 2026).
Gray is currently tilted toward sellers, with the market gauge signaling a seller's market. Inventory is relatively lean at about two and a half months of supply, well below the levels seen late last year. At the same time, the average sale-to-list price ratio sits just under 99 percent, suggesting sellers are still achieving prices close to their asking levels.
Looking at this rolling three-month view, prices have pushed higher compared with a year ago even as activity has cooled. The typical home value is up nearly 28 percent year over year, while the median list price has climbed almost 38 percent, pointing to strong price appreciation. Yet the number of homes sold is down more than 40 percent from a year ago, and new listings have fallen by about half, which tightens the choices for active buyers.
Conditions have also shifted in how quickly homes move and how aggressively buyers are bidding. Median days on market have risen sharply over the past year to about five months, and the share of homes selling above list price has dropped to zero in the latest period. With active listings down more than 50 percent year over year and pending sales off by a similar margin, both sides face a slower, more selective environment. Buyers and sellers in Gray can benefit from an Agent Pronto recommended agent who understands these trends and can guide them through each step.
Learn more about what Gray has to offer.
Gray offers residents a welcoming, close-knit community with convenient amenities, abundant green spaces, strong schools, and a steady lineup of local events that make everyday life balanced and enjoyable.
Gray stands out from nearby Johnson City and Kingsport with its distinctly small‑town pace and strong sense of local roots. Many families choose Gray for its quieter, country feel while still staying close to major employers, medical centers, and shopping along the I‑26 corridor.
Community life often revolves around schools and local events. Gray Elementary and nearby Daniel Boone High School are key anchors, and the popular Gray Fossil Site & Museum adds a rare mix of science and history right in town. Weekends might include youth sports or a drive to Warriors’ Path State Park on Fort Patrick Henry Lake for boating, fishing, and miles of trails.
Daily needs are easy to handle at local groceries, farm supply stores, and casual spots like the family‑run Sister’s Craving Restaurant. For broader shopping and dining, residents often head toward Johnson City or the retail areas of Washington County. Nearby Bays Mountain Park & Planetarium offers expansive outdoor recreation and educational programs within a short drive.
The real estate market in Gray can move quickly, particularly for well‑kept homes with land or a mountain view. Whether you are planning a first purchase, upsizing, or considering sale before your next move, timing and preparation matter. Agent Pronto can connect you with a Gray agent who understands the local market and is ready to guide both buyers and sellers.
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“Katelyn's help thoughout the complete process of researching the market, showing multiple properties, her flexibility, her knowledge of the various homes, the locations was by far one of the best I have ever had. The current rating system is not sufficent to provide a true measure of the work that Ketelyn did going above and beyond every expectation at every point in the process. I would highly recommend her to anyone in need of a real estate agent. She listened to every point we brought up and addressed them in a timely manner. When we could not find a home at the price point we orginially wanted, we told her we would increase the price point and she handled that with a full new list of homes within 24 hours we could review. To us, we is a true example of what a true professional is. Thank you Katelyn for everything,”
Castle & Associates Real Estate
“Great experience from start to finish. Michael is one of the best.”
Century 21 Legacy
“Shawn is a helpful , knowledgeable, intelligent and easy working with him”
Century 21 Wright Realty
“When my wife and I set out on our homebuying journey we were nervous about teaming up with the right Realtor. Then we found Jeremiah. Jeremiah is knowledgeable, personable, and a genuinely good guy. He helped us every step of the way through the homebuying process. My wife and I are so thankful and grateful to have had Jeremiah on our team. He is the best of the best.”
Epique Realty
“Brooke sold us two properties, one rural hunting property that will be built on someday and a residential property until then. She serviced both spectrums for us.”
Century 21 Legacy
“Brad was wonderful to work with. He was very patient with us on trying to find our forever home. I would recommend him to anyone who wants someone who listens to you.”
Century 21 Wright Realty
“This was the third time dealing with David Edwards and I will always work with David should the opportunity arise again! He is honest and professional and I trust him completely!”
CENTURY 21 Legacy
“Tracey is the best realtor. She makes stressful negotiations a breeze from start to finish. She is professional but adds her personal touch to all communications and transactions to make you feel like family. I have used Tracey for over 10 years in buying and selling several homes. I would never use another realtor in buying or selling my home.”
RE/MAX Real Estate Ten Midtown
“Misty was an absolute pleasure to work with! She went above and beyond in the entire home buying process. Misty went out of her way to meet with us to view several potential properties on short notice. Her insight and knowledge were critical in informing my decisions. She walked me through the tough negotiations so I could navigate them confidently. Myself and my family are truly thankful for her help in finding our home!”
Century 21 Platinum Properties
“I contacted Pronto because we needed to sell a deceased relative's home in Tennessee, while we live in Ohio. Agent Pronto put us in touch with two agents, and we chose Amber Vittetoe who was nothing short of fabulous. She provided us with many resources that we wouldn't have known about since we're not local, and she was extremely responsive 24/7. We couldn't have asked for a better agent. Thank you!”
MG Rise Realty
“Khristian was extremely helpful in buying my home. I truly felt at home and at ease working with him. He made sure I was aware of everything going on, and took me to every home I wanted to see.”
Keller Williams First Class Real Estate
“Jessica is an amazing Realtor. She truly cares about the people she works with and goes above and beyond to make her clients transition a smooth one. We just loved working with her and will definitely work with her again. She is great for vacation homes too both in the Smokies and Panama City Beach FL. Her knowledge of short term rentals helped us tremendously.”
Realty One Group Emerald Coast
“Mr. Black made it so for us.”
Century 21 Platinum Properties
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”
eXp Realty
“She helped us buy our house, then sell it a few years later. Couldn't recommend more! So communicative, answered all my questions at a timely, proffessional manner. I was probably not the easiest client at times because stress, but she was so calm and reassuring through the whole process! Seriously so grateful for how smoothly this sale went, all with the help of Marie!”
CENTURY 21 Platinum Properties
“Rasa Baldino proved to be an excellent realtor and was wonderful to work with. She offered valuable recommendations regarding the decor and appearance of our cabin. We implemented those recommendations which helped attract potential buyers and the cabin sold quickly thereafter. We have recommended Rasa to others and will definitely use her again should the opportunity arise.”
Century 21 MVP
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”
Century 21 Patterson & Associates
“Miss Candy was very helpful with the sale of the property she knew what she was doing and how to handle all things that needed to be handled. I would recommend her to anyone that needed help with the sell of their property and I will use her again if I need help with selling any property, Thank you so much Miss Candy for helping in the sale of the property.”
Keller Williams Realty
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”
EXP Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Gray. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Gray Realtor® or real estate agent today.
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