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Real estate in Memphis’ Gray's Creek neighborhood.

Compare top Gray's Creek real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 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's Creek real estate Market Report.

Information and statistics on the latest trends in the Gray's Creek real estate market. *

Latest Rolling 3-Month Snapshot

May 1, 2026 - Jul 31, 2026

Median sale price
$409K
+21% from Q2 '26
Median list price
$366K
-6.7% from Q2 '26
Active listings
91
+8.3% from Q2 '26
Homes sold
38
-12% from Q2 '26
New pendings
41
-11% from Q2 '26
New listings
56
+3.7% from Q2 '26

Quarterly Pricing Trends for Gray's Creek

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Gray's Creek Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $270K Median sale price in Oct 2021 - Dec 2021: $289K Median sale price in Jan 2022 - Mar 2022: $324K Median sale price in Apr 2022 - Jun 2022: $320K Median sale price in Jul 2022 - Sep 2022: $337K Median sale price in Oct 2022 - Dec 2022: $325K Median sale price in Jan 2023 - Mar 2023: $300K Median sale price in Apr 2023 - Jun 2023: $318K Median sale price in Jul 2023 - Sep 2023: $296K Median sale price in Oct 2023 - Dec 2023: $316K Median sale price in Jan 2024 - Mar 2024: $360K Median sale price in Apr 2024 - Jun 2024: $317K Median sale price in Jul 2024 - Sep 2024: $337K Median sale price in Oct 2024 - Dec 2024: $289K Median sale price in Jan 2025 - Mar 2025: $290K Median sale price in Apr 2025 - Jun 2025: $328K Median sale price in Jul 2025 - Sep 2025: $314K Median sale price in Oct 2025 - Dec 2025: $285K Median sale price in Jan 2026 - Mar 2026: $303K Median sale price in Apr 2026 - Jun 2026: $339K Median list price in Jul 2021 - Sep 2021: $295K Median list price in Oct 2021 - Dec 2021: $287K Median list price in Jan 2022 - Mar 2022: $329K Median list price in Apr 2022 - Jun 2022: $330K Median list price in Jul 2022 - Sep 2022: $342K Median list price in Oct 2022 - Dec 2022: $310K Median list price in Jan 2023 - Mar 2023: $304K Median list price in Apr 2023 - Jun 2023: $336K Median list price in Jul 2023 - Sep 2023: $350K Median list price in Oct 2023 - Dec 2023: $349K Median list price in Jan 2024 - Mar 2024: $375K Median list price in Apr 2024 - Jun 2024: $330K Median list price in Jul 2024 - Sep 2024: $315K Median list price in Oct 2024 - Dec 2024: $325K Median list price in Jan 2025 - Mar 2025: $325K Median list price in Apr 2025 - Jun 2025: $325K Median list price in Jul 2025 - Sep 2025: $320K Median list price in Oct 2025 - Dec 2025: $309K Median list price in Jan 2026 - Mar 2026: $324K Median list price in Apr 2026 - Jun 2026: $392K Jul 2021 - Sep 2021 Median sale price $270K Median list price $295K Oct 2021 - Dec 2021 Median sale price $289K Median list price $287K Jan 2022 - Mar 2022 Median sale price $324K Median list price $329K Apr 2022 - Jun 2022 Median sale price $320K Median list price $330K Jul 2022 - Sep 2022 Median sale price $337K Median list price $342K Oct 2022 - Dec 2022 Median sale price $325K Median list price $310K Jan 2023 - Mar 2023 Median sale price $300K Median list price $304K Apr 2023 - Jun 2023 Median sale price $318K Median list price $336K Jul 2023 - Sep 2023 Median sale price $296K Median list price $350K Oct 2023 - Dec 2023 Median sale price $316K Median list price $349K Jan 2024 - Mar 2024 Median sale price $360K Median list price $375K Apr 2024 - Jun 2024 Median sale price $317K Median list price $330K Jul 2024 - Sep 2024 Median sale price $337K Median list price $315K Oct 2024 - Dec 2024 Median sale price $289K Median list price $325K Jan 2025 - Mar 2025 Median sale price $290K Median list price $325K Apr 2025 - Jun 2025 Median sale price $328K Median list price $325K Jul 2025 - Sep 2025 Median sale price $314K Median list price $320K Oct 2025 - Dec 2025 Median sale price $285K Median list price $309K Jan 2026 - Mar 2026 Median sale price $303K Median list price $324K Apr 2026 - Jun 2026 Median sale price $339K Median list price $392K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
22
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).

Inventory and contract activity in Gray's Creek are showing mixed signals in this rolling three-month view. Active listings are down slightly year over year, while homes sold and pending sales have dipped modestly, suggesting a bit less turnover even as new listings have edged up.

Pricing has moved sharply higher over the past year, with the typical home value up strongly year over year and list prices also trending higher. At the same time, the share of homes selling above list has fallen compared with last year, and the average sale-to-list ratio has slipped a bit, indicating buyers have regained some negotiating room.

Conditions still lean toward sellers, reflected in a seller’s market gauge and a months-of-supply level that is lower than in the broader Memphis market, which has more inventory relative to sales. With median days on market sitting around a month and a notable share of homes going under contract within two weeks, both buyers and sellers can benefit from an Agent Pronto introduction to a local agent who understands how to navigate this pace and pricing environment.



Learn more about what Gray's Creek has to offer.

Gray's Creek offers residents a welcoming, close-knit community with convenient access to parks, shops, and everyday amenities in a peaceful, family-friendly setting.

Gray's Creek in Memphis is a growing suburban pocket in the Cordova area, known for newer construction, access to shopping, and practical commutes along Germantown Parkway and I‑40. Residents enjoy a residential feel with city conveniences close by, appealing to buyers who want space without losing connection to the rest of Memphis.

Everyday errands are easy, with retail and dining concentrated along nearby commercial corridors and at Wolfchase Galleria. Outdoor time is close at hand at Shelby Farms Park, where you can run, bike, paddle, or visit the Shelby Farms Greenline that stretches toward Midtown Memphis. Families often look at area schools and amenities in greater Memphis, while also taking advantage of regional assets like Mike Rose Soccer Complex and the nearby Cordova Library.

Housing in Gray's Creek ranges from starter homes to larger single‑family properties in HOA communities, often with sidewalks and neighborhood playgrounds. Many homes are relatively recent builds, which can mean fewer immediate maintenance projects and modern layouts suited to home offices or multigenerational living.

Because Gray's Creek spans several subdivisions and school zones, a local real estate expert is invaluable in sorting through HOA rules, tax districts, and fast‑moving inventory. Agent Pronto connects buyers and sellers with experienced Memphis agents who know Gray's Creek in detail, helping streamline decisions and reduce stress throughout the move.

Find your Gray's Creek real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Katelyn went above and beyond to keep us informed and engaged in the selling process. She provided helpful insight and guidance without ever pushing -- always leaving the decision in our hands. We look forward to working with Katelyn again when our next property is ready to list.”

Michele Hester · Pigeon Forge, TN

Photo of Katelyn Warren
Castle & Associates Real Estate
“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!”

Margaret Rice · Erwin, TN

Photo of David Edwards JR
CENTURY 21 Legacy
“Mike was an excellent agent to work with. He went above and beyond to find out all the information on the property details and answers to all questions we had. He was available anytime we needed. We would recommend him to anyone interested in purchasing or selling a home. He is the best!!”

Robin Cloyd · Jonesborough, TN

Photo of Creation Properties
Century 21 Legacy
“Brad Fowler is the way to go when selling your home! He jumped right in and got to work. He had gorgeous professional pictures of our house made and posted within a couple of days. He is well known in the community and has a highly regarded reputation. He is pleasant to work with and listened to our needs. He worked really well with the buyers and their realtor to get everything set and ready to go so both parties were satisfied! Highly recommended”

Jaime Brown · Murfreesboro, TN

Photo of Brad Fowler
Century 21 Wright Realty
“Shawn was wonderful to work with. He was super helpful in getting us in contact with local services to work on our home. I would definitely recommend his business to others.”

Melanie Blackwood · Tullahoma, TN

Photo of Shawn Wright
Century 21 Wright Realty
“Jeremiah was an absolute pleasure to work with! We have never had an agent as informed and quick to respond as he was. We're not unfamiliar with the home buying process, but Jeremiah was still able to explain any questions we had and work with us through difficult and unique circumstances. We absolutely love the house we got, but if we ever consider a different one down the line, Jeremiah will be the first person we reach out to. And I will recommend anyone looking for houses in the area to do the same.”

Brian Domanoski · Fall Branch, TN

Photo of Jeremiah Frank
Epique Realty
“Brooke was amazing!! She truly went above and beyond to help me find a house to call home. I truly could not be more thankful I got to work with her!!!”

Arianna Endicott · Johnson City, TN

Photo of Brooke Shelton
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.”

Candi Johnson · Talbott, TN

Photo of Tracey Bright
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!”

Justin Volmos · Waverly, TN

Photo of Misty Kinney
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!”

Sue H. · Sevierville, TN

Photo of Amber Vittetoe
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.”

Dalton Pharris · Mount Juliet, TN

Photo of First Class Real Estate
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.”

Burke · Cosby, TN

Photo of Jessica Weston
Realty One Group Emerald Coast
“Mr. Black made it so for us.”

David Bailey · Palmyra, TN

Photo of Christian Black Team
Century 21 Platinum Properties
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”

Dion Price · Whiteville, TN

Photo of Betty McGaughey
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!”

Kristen Curtis · Clarksville, TN

Photo of Marie LaVoise
CENTURY 21 Platinum Properties
“Rolanda was absolutely wonderful to work with during the selling process. She was professional, knowledgeable, resourceful, and patient. She ensured that I was represented well and every step of the way. I highly recommend Rolanda to friends, family, or associates.”

Laurie Rowe Walker · Chattanooga, TN

Photo of Rolanda Pullen Daniel
Coldwell Banker Pryor Realty
“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.”

Brenda M. · Olive Branch, MS

Photo of Kim 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.”

Gail Mullican · Smithville, TN

Photo of Candy Vaughn
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!”

TK · Nashville, TN

Photo of Nashville Advantage
EXP Realty
“Ruby Alexander is excellent at everything she does. She previously helped us purchase our home. Ruby is professional, knowledgeable, honest, hard-working, friendly, intuitive, and resourceful. She goes above and beyond the call of duty. We would not have wanted to take the journey of buying or selling our home with anyone else.”

John W. · Johnson City, TN

Photo of CENTURY 21 Legacy Relocation
CENTURY 21 Legacy

Frequently Asked Questions

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's Creek. 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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