Gray, TN Real Estate

According to census data in the year 2000 there were 570 housing units in Gray. This represents a 28.4% growth from 444 in 1990.

Of those housing units, 526 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.

Homeownership rate in Gray is about 73%. Gray's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Gray were built after 1974.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.80%
Two Bedrooms34.90%
Three Bedrooms46.80%
Four Bedrooms16.50%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1975
Median Value of occupied units$95,000
Median Price asked for vacant units$72,200

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1974

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.50%
Home Equity Loan2.40%
Simple Mortgage38.50%
Debt Free55.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%