Is Gray a buyer's or seller's market right now?

Gray is currently a balanced market with 3.7 months of supply. Homes are selling at 97.7% of list price. The Ridley Sell Score for Gray is 43/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Gray?

The median home price in Gray is $320,500, up 10.5% year-over-year. The median price per square foot is $223. Homes sell in a median of 157 days with a sale-to-list ratio of 97.7%.

How much does it cost to sell a home in Gray, Tennessee?

On a $320,500 home in Gray, a traditional listing agent charges around $9,615 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $25,640 or more. With Ridley Essentials ($999) you save $8,616, and with Ridley Pro ($3,499) you save $6,116 while getting full agent support.

How does Ridley's flat fee compare to a traditional Gray agent?

A traditional Gray listing agent typically charges 3% of the sale price — about $9,615 on a $320,500 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $8,616–$6,116 compared to a traditional agent.

How long does it take to sell a home in Gray?

The median home in Gray currently spends 157 days on the market before going under contract, up 103% from last year. At a 97.7% sale-to-list ratio, sellers are seeing some negotiation. Only 45.5% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Tennessee?

No. Tennessee does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $320,500 home, that could save you up to $6,116.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Tennessee. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $9,615 commission.

National/Tennessee

Gray, TN

Is Now a Good Time to Sell in Gray, Tennessee?

The median home in Gray sells for $320,500 with prices up 10.5% year-over-year. The average seller pays $9,615 in commissions — Ridley’s flat fee saves you $6,116.

Gray Real Estate Market Conditions — April 2026

43out of 100

Ridley Sell Score

How it's scored →

Cooling

43/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Gray market is cooling, and sellers need to be strategic. Price drops are common, so pricing accurately from the start is critical. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

3.7 months of supply — near the balanced threshold of 5 months. Tennessee average is 4.4.

Price MomentumNeutral

Prices up 10.5% year-over-year — vs. +15.6% statewide.

Seller LeverageNeutral

Homes selling at 97.7% of asking — buyers are negotiating 2.3% below list. Tennessee average is 96.5%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Tennessee average of 16.1%.

Sale SpeedFavors buyers

157 median days on market — 53 days slower than the Tennessee average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 15.1% statewide.

Price StabilityFavors buyers

45.5% of listings have dropped their price — accurate initial pricing is critical. Tennessee average is 22.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$320,500

+10.5%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

157

+103%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$223

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

97.7%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

3.7

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

45.5%

Price carefully

12-Month Price Trend

$454,950 → $320,500

▼29.6%

$400K$300K$200K

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Gray — delivered monthly.

Your savings

How much can you save selling your home in Gray?

The average Gray homeowner saves $6,116 by selling with Ridley instead of paying the traditional 3% listing commission on a $320,500 home.

$0Estimated savings

That's 6 months of groceries — save 1.9% of your home value

Your Gray home value

$320,500

$50,000$10M

Traditional Agent (3%)

$9,615

Ridley Pro (flat fee)

$3,499

Ready to sell in Gray?

Get a personalized selling strategy with AI-powered pricing analysis

Get Your Selling Strategy

Cost comparison

How much does it cost to sell a house in Gray?

The total cost to sell a house in Gray in 2026 ranges from $999 with Ridley Essentials to approximately $9,615 with a traditional 3% commission on a $320,500 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$9,615	$3,499	$999	$0
Buyer agent	$8,9742.8% avg	$6,410~2% avg	$6,410~2% avg	$8,9742.8% avg
Closing costs (~1.5%)	$4,808	$4,808	$4,808	$4,808
Total cost	$23,397	$14,717	$12,217	$13,782
Net proceeds	$297,103	$305,783	$308,283	$306,718
You save	—	$8,680	$11,180	$9,615No support