Home prices
The median home in Gray is valued at $171,900. It is about $20,780 (13%) higher in comparison to its surrounding areas.It is about $45,600 (20%) lower compared to the rest of the nation, and compared to the city of Asheville is roughly $98,500 (36%) lower.
Rents
In Gray the median rent is $905 a month. It is approximately $160 (21%) higher compared to its surrounding areas.It is approximately $157 (14%) lower in comparison to the entire nation, and compared to the city of Asheville it is roughly $138 (13%) lower.
Nearby places
Spurgeon
Spurgeon is Gray's neighbor to the northeast. Its housing prices are somewhat less expensive. The median home in Spurgeon is valued at $150,400, which comes out to $21,500 (14%) lower than Gray. The rent there is a bit less expensive. The median rent in Spurgeon is $814 per month, which works out to $91 (11%) lower than Gray.
Johnson City
Johnson City is Gray's neighbor to the southeast. The housing prices there are similar. The median home price in Johnson City is $167,500, which comes out to $4,400 (2%) lower than Gray. Rents there are a little less expensive. Johnson City's median monthly rent is $755, which is $150 (19%) lower than Gray.
Colonial Heights
Colonial Heights is approximately 4 miles north from Gray. The real estate prices there are somewhat less expensive. Colonial Heights's median home value is $145,400, which comes out to $26,500 (18%) lower than Gray. Rent there is fairly similar. In Colonial Heights the median monthly rent is $945, which is $40 (4%) higher than Gray.
Fall Branch
Fall Branch is approximately 7 miles west from Gray. The real estate prices there are somewhat less expensive. Fall Branch's median home price is $146,500, which comes out to $25,400 (17%) lower than Gray. Rents there are significantly less expensive. In Fall Branch the median monthly rent is $556, which is $349 (62%) lower than Gray.
Kingsport
Kingsport is about 7 miles northwest from Gray. Its real estate prices are a bit less expensive. The median home in Kingsport is valued at $145,800, which comes out to $26,100 (17%) lower than Gray. Rents there are significantly less expensive. Kingsport's median monthly rent is $655, which works out to $250 (38%) lower than Gray.
