Raleigh Homes for Sale

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  /11

  $160,000

  • 3 Beds
  • 1.5 Baths
  • 1,294 Sq Ft

  4053 Haliburton St, Memphis, TN 38128

  Welcome to this beautifully updated and fully renovated home tucked away in a quiet corner of Raleigh, TN (38128). This property offers true peace of mind with major systems replaced throughout. Recent improvements include a new HVAC, new roof, new plumbing, new water heater, and updated electrical. Move-in ready and low-maintenance, this home provides a fresh start without the typical headaches.

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 460-3102

  4053 Haliburton St, Memphis, TN 38128
• Explore Raleigh

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  /29

  $239,901

  • 5 Beds
  • 3 Baths
  • 2,200 Sq Ft

  4309 Beechcliff Ln, Memphis, TN 38128

  Welcome to Springhill Raleigh. Three full luxury tiled bathrooms, and granite countertop eat-in kitchen. Two Primary bedrooms, one downstairs and 4 bedrooms upstairs. Luxury Hardwood Vinyl 22mil premium floors, separate den and dining room. Fenced yard for privacy and pets. Quiet cove like street just minutes from major road access, schools and all major shopping. Why rent when you can buy? This

  

  Pablo Pereyra

  901, REALTORS

  (901) 660-5432

  4309 Beechcliff Ln, Memphis, TN 38128
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  /29

  $219,900

  • 3 Beds
  • 1.5 Baths
  • 1,400+ Sq Ft

  5595 Raleigh Lagrange Rd, Memphis, TN 38134

  Rare Find! Spacious .93-acre lot with exceptional attached and detached covered parking, conveniently located just minutes from multiple interstate access points. This charming home features 3 bedrooms, 1.5 baths, a separate living room, and flexible dining/multi-purpose spaces. Enjoy hardwood and laminate flooring (no carpet), ample storage, and a layout perfect for entertaining both indoors and

  

  Rita Hallum

  Crye-Leike, Inc., REALTORS

  (901) 883-6346

  5595 Raleigh Lagrange Rd, Memphis, TN 38134
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  /2

  $150,000

  • 4 Beds
  • 2 Baths
  • 1,620 Sq Ft

  4401 Guildhall Dr, Memphis, TN 38128

  TENANT OCCUPIED, DO NOT DISTURB TENANT. Drive by ONLY! Property is rented for $1,465/month & the lease expires 6/30/2026. Cash tenant. Copy of the lease available upon request. No showings without an accepted contract. Make offers contingent on inspection. Being sold as a package along with 3432 Radford 38111, 5090 Belfast 38127, 686 Delta 38109, 782 Frayser 38127, 4401 Guildhall 38128, & 3651 N

  

  Jordan Ray

  eXp Realty, LLC

  (901) 621-4169

  4401 Guildhall Dr, Memphis, TN 38128
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  /13

  $159,900

  • 3 Beds
  • 1.5 Baths
  • 1,675 Sq Ft

  4065 Haliburton St, Memphis, TN 38128

  At over 1600 square feet this move-in ready, renovated home features 3 bedrooms and a bath and a half, offering a comfortable living space with hard surface, low-maintenance flooring throughout. Enjoy fresh updates, including the brand new bathroom, the updated kitchen, a freshly painted interior and exterior, LVP flooring throughout and newer roof, hvac system, and water heater providing years

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 617-7042

  4065 Haliburton St, Memphis, TN 38128
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  /40

  $330,000

  • 5 Beds
  • 3 Baths
  • 3,376 Sq Ft

  3953 Otter Dr, Memphis, TN 38128

  Escape to Peace and Tranquility on this Stunning Lakefront Property, where an 3376 Sqft., Open Floor Plan seamlessly blends Indoor and Outdoor living. Imagine walking out to a Breath-Taking Lakeview, while sipping on a warm coffee; or just simply Relaxing on a Natural Canvas on almost an Acre of land. This Spacious home has 5 Bedrooms/ 3 Full Baths plus 1 Special Bonus Room with a Commercial

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 910-1964

  3953 Otter Dr, Memphis, TN 38128
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  /14

  $175,000 New Construction

  • 4 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  3703 Parfet Cove, Memphis, TN 38128

  MHA RENT $1650-$1750 per month- Great Investment!- Brand new 4BR 2Bath with Carport- Maintenance free siding- LVT floors- Full 1 Year Builder Warranty. House currently under construction, to be completed in 90 days. Photos are of finished home- same building and floor plan. Photos to be updated upon completion. Accepting early preconstruction offers. No Wholesalers or owner financed offers.

  Brett Bernard The Stamps Real Estate Company

  3703 Parfet Cove, Memphis, TN 38128
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  /10

  $115,000

  • 3 Beds
  • 1 Bath
  • 1,229 Sq Ft

  3693 Windermere Rd, Memphis, TN 38128

  Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $975 per month and is on a lease from 4/01/2025 until 03/31/2026. This property was newly renovated in 2019 and a new furnace and central A/C were installed at that time. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No

  Mark Hart Reedy & Company, REALTORS

  3693 Windermere Rd, Memphis, TN 38128
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  /30

  $109,900

  • 3 Beds
  • 1 Bath
  • 1,170 Sq Ft

  3669 Trudy Cove, Memphis, TN 38128

  This charming single-level home blends fresh updates with classic simplicity, offering a welcoming layout ideal for comfortable living. Inside, the home features a spacious living area with wood-style flooring and a subtle step-up accent that leads into a bright dining space. The kitchen is equipped with white cabinetry, ample counter space, and black appliances. Multiple bedrooms are spread

  Alexis Martz Trelora Realty

  3669 Trudy Cove, Memphis, TN 38128
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  /39

  $284,900

  • 5 Beds
  • 3 Baths
  • 2,565 Sq Ft

  3217 Joslyn St, Memphis, TN 38128

  Completely remodeled with new kitchen, quartz countertops, SS, new baths, painted exterior brick, refinished Hardwood flooring, new laminate in kitchen, new tile, new lighting, updated two HVAC systems, several new windows, new water heater, new landscaping, new doors, Beautiful home! ***Pictures coming 11/5/25***

  Cal Aycock KAIZEN Realty, LLC

  3217 Joslyn St, Memphis, TN 38128
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  /22

  $220,850

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  4480 Tanbark Ave, Memphis, TN 38128

  PRICE REDUCED OWNER MOTIVATED! GREAT LOCATION, GREAT HOME AND WELL MAINTAINED. (APPROX.) 5 MIN. FROM INTERSTATE I 40 AND APPROX. 5 MIN FROM THE NEW POLICE PRECINCT ON AUSTIN PEAY. BEAUTIFUL 3 BR., SEP. DEN WITH FIREPLACE, SEP. LIV. ROOM & DIN. ROOM, LARGE EAT-IN KIT., 2 & 1/2 BA., 1/2 BA. OFF KIT. AND LAUNDRY ROOM FOR YOUR QUEST. LARGE 2 CAR GARAGE, APPROX. 20X12 STORAGE BUILDING IN BACK YARD AND

  Helen Jackson Good Shepherds Realty & Invest

  4480 Tanbark Ave, Memphis, TN 38128
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  /36

  $280,000

  • 4 Beds
  • 3 Baths
  • 1,800+ Sq Ft

  1970 Adney Gap Dr, Memphis, TN 38134

  Spacious four bedroom, three full bath home offering a modern chef-inspired kitchen with a large Thermador range, a French door LG refrigerator, and a rustic-meets-modern barn style sink area. The heart of the home is a massive island perfect for dining or bar seating. The main area features three bedrooms and two fully renovated bathrooms, plus a master suite with an oversized walk-in closet.

  Henry Valle-Castillo BHHS Taliesyn Realty

  1970 Adney Gap Dr, Memphis, TN 38134
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  /11

  $136,000

  • 3 Beds
  • 2.5 Baths
  • 1,479 Sq Ft

  4639 Addington Dr, Memphis, TN 38128

  Investors only! Wonderful opportunity to buy this 3 bedroom 2.5 bathroom home in Raleigh area. Home has a nice floor plan with large den, plus primary bedroom & private bathroom downstairs and 2 large bedrooms upstairs. ONLINE VIDEO AVAILABLE UPON REQUEST. Cash or hard money offers only. No wholesalers, no assignments, no blind offers. Please do all inspections up front. This property is being

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4639 Addington Dr, Memphis, TN 38128
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  /22

  $104,499 Pre-Foreclosure

  • 3 Beds
  • 1 Bath
  • 1,000+ Sq Ft

  3762 Berry Ln, Memphis, TN 38128

  Excellent starter home, or investment opportunity in Raleigh! Very quiet area across from a church. 3br 1ba, on over an acre lot! Vacant, easy to show! Home qualifies for 901 Home Loans program. Up to 97% financing with 6% fixed interest rate! Min credit score of 600! Feel free to reach out with any questions! No owner/creative financing.

  Caleb Parr Renshaw Company, REALTORS

  3762 Berry Ln, Memphis, TN 38128
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  /2

  $106,000

  • 3 Beds
  • 1.5 Baths
  • 1,212 Sq Ft

  4058 Sandburg St, Memphis, TN 38128

  INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Tenant occupied property available for sale. Professionally managed by Foundation Property Management. Lease and ledger available upon request. Currently rented for $925/month on a month-to-month basis. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or

  James Wachob Foundation Property Management

  4058 Sandburg St, Memphis, TN 38128
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  /4

  $20,000

  • Land
  • 0.8 Acre
  • $25,000 per Acre

  29 Felton Rd, Memphis, TN 38128

  Prime vacant residential lot on Felton Rd in North Memphis! Perfect spot to build your dream home, a rental property, or hold as a long-term investment. Flat, open parcel with utilities nearby and easy access to Hwy 51, downtown Memphis, parks, and schools. Located in a quiet, growing neighborhood with strong demand for new construction. Buyer to verify zoning, utilities, and lot dimensions.

  Ralph Harvey List With Freedom.Com, Inc.

  29 Felton Rd, Memphis, TN 38128
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  /3

  $10,500

  • Land
  • 0.8 Acre
  • $13,125 per Acre

  0 Felton Rd, Memphis, TN 38128

  Beautiful wooded residential lot!!

  Jessica Willis EXIT Realty Gateway South

  0 Felton Rd, Memphis, TN 38128
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  /15

  $205,000

  • 3 Beds
  • 2 Baths
  • 1,202 Sq Ft

  5616 Falling Bark Dr, Memphis, TN 38134

  Why rent when you can own this beautifully maintained home that offers comfort, style, and convenience? Featuring an open concept floor plan designed for both everyday living and entertaining, highlighted by a spacious kitchen with a center island that provides ample workspace and seating. Three bedrooms and a two-car garage, offering plenty of space for family, guests, or a home office. Low

  Daniel Lane KAIZEN Realty, LLC

  5616 Falling Bark Dr, Memphis, TN 38134
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  /9

  $185,000

  • 2 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  3524 James Rd, Memphis, TN 38128

  Large 5 acre residential lot that can be converted to commercial use. Great investment opportunity for development.

  Michael Bryan Bryan Realty Group

  3524 James Rd, Memphis, TN 38128
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  /2

  $359,999 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,400+ Sq Ft

  2803 Epping Crest Dr, Memphis, TN 38128

  nestled on the North side of Memphis Raleigh is a vibrant neighborhood in Shelby County District 6 with a rich history and growing community spirit.

  Mae Moore Grand Point Realty, LLC

  2803 Epping Crest Dr, Memphis, TN 38128
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  /20

  $220,000

  • 4 Beds
  • 2.5 Baths
  • 2,200+ Sq Ft

  4136 Hampton Manor Ln, Memphis, TN 38128

  Welcome to 4136 Hampton Manor Cove! A spacious and well-appointed 4-bedroom, 2.5-bath single-family home located in the heart of Memphis, TN 38128. This beautifully maintained property offers a perfect blend of comfort, style, and investment potential. With generous living spaces, modern updates, and a thoughtful layout, this home is ideal for families or as a high-yield rental opportunity.

  James Wachob Foundation Property Management

  4136 Hampton Manor Ln, Memphis, TN 38128
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  /22

  $99,950

  • 3 Beds
  • 1.5 Baths
  • 1,236 Sq Ft

  3877 Kipling Ave, Memphis, TN 38128

  Discover a great opportunity with this 3-bedroom, 1.5-bath home featuring a single-car attached carport and a durable brick exterior. Situated on a fenced backyard, this property offers privacy and space for outdoor enjoyment. Being sold AS-IS, this home is ideal for both owner-occupants looking to personalize their space and investors seeking a solid addition to their rental portfolio. Don’t

  Chris Mosby ResiAmerica, Inc.

  3877 Kipling Ave, Memphis, TN 38128
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  /16

  $150,000

  • 4 Beds
  • 3 Baths
  • 1,680 Sq Ft

  4719 Casann Ave, Memphis, TN 38128

  Investor Special...Cash Only!!! House offers 4 bedrooms, 3 bathrooms, 2 full kitchens, a living room, dining room, great room and has a lot more than 1600 sq. ft. but all the space downstairs has not been included. You get a lot of house for the money but it needs a complete rehab from top to bottom.

  Donna Jarrett Emmett Baird Realty, LLC

  4719 Casann Ave, Memphis, TN 38128
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  /33

  $310,000

  • 4 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  3914 Springfield Dr, Memphis, TN 38128

  Experience lakeside luxury living at a great price, with this inviting 4-bedroom, 2-bath home, perfectly positioned to combine comfort with outdoor enjoyment. Inside, you’ll find a thoughtfully designed layout that balances open gathering spaces with private retreats. The kitchen and living areas flow seamlessly, making everyday living and entertaining a breeze. Step outside to your own

  Cristian Amparan The Home Partners Realty

  3914 Springfield Dr, Memphis, TN 38128
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  /18

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,635 Sq Ft

  5322 Adney Gap Cove, Memphis, TN 38134

  Ready for your next project? This house needs a little of everything to bring it back to life, but the bones are great. Ideal for investors looking for their next buy and hold. Will make a great investment property. Sellers are investors and have never seen the property. Property is priced below market to reflect needed updates. Utilities have been requested. Buyers to perform their due

  Ryan Flannery Premier Realty Group, LLC

  5322 Adney Gap Cove, Memphis, TN 38134
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  /16

  $219,000

  • 3 Beds
  • 2 Baths
  • 1,736 Sq Ft

  1931 Stone Bridge Dr, Memphis, TN 38134

  Fantastic home and ready for a new family! Tile and NEW carpet throughout with fresh paint. Neutral colors and a blank palette, ready for your own personal touches. Big, fenced backyard, low maintenance!! Easy to show and easy to view! Let's make this your new home today!

  Ryan Woolbright Premier Realty Group, LLC

  1931 Stone Bridge Dr, Memphis, TN 38134
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  /34

  $190,000

  • 4 Beds
  • 2 Baths
  • 3,014 Sq Ft

  3241 Scheibler Rd, Memphis, TN 38128

  Welcome to this generous 4-bedroom, 2-bathroom home offering plenty of space and a great canvas for updates and personalization! Perfect for investors or homeowners looking to customize their dream home. Roof is 2 years old. Hot water heater is 1 year old. Large fenced back yard.This home is priced to reflect its condition and offers excellent potential for equity growth after improvements. Ideal

  Heather Lacon Groome & Co.

  3241 Scheibler Rd, Memphis, TN 38128
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  /2

  $109,150

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3696 Parfet Cove, Memphis, TN 38128

  Welcome to 3696 Parfet Cove. This charming 3-bedroom, 1-bathroom home presents a solid investment opportunity. Located on a quiet cove, the property features a functional layout, low-maintenance design, and strong rental appeal. With a stable tenant in place and consistent cash flow, this is a turnkey addition to any investment portfolio. TENANTED PROPERTY – DO NOT APPROACH OR DISTURB TENANTS. No

  James Wachob Foundation Property Management

  3696 Parfet Cove, Memphis, TN 38128
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  /12

  $1,250,000

  • Land
  • 46.76 Acres
  • $26,732 per Acre

  4087 Singleton Pkwy, Memphis, TN 38128

  This 47 acres R-10 Zoned parcel presents a great development opportunity with 620 feet of road frontage on Singleton Pkwy. The area has seen growth with new businesses like Starbucks, Chic-Fil-A, and the multi-million-dollar Raleigh library. Walmart, Kroger, Methodist North hospital, and other businesses are within a quarter-mile radius. Ford's Blue Oval City is less than 40 minutes away.

  John Cornes Braden, Braden & Braden LLC

  4087 Singleton Pkwy, Memphis, TN 38128
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  /2

  $1,200,000

  • Land
  • 11.55 Acres
  • $103,896 per Acre

  0 Stage Rd Unit 10201799, Memphis, TN 38128

  11.55 Acres, Zoned CMU-2, Surrounded by Home Depot, Starbucks, Etc. Uses Include, Single Family Homes, Apts./ Multi Family (minimum size 20,000 SqFt), Medical Space & More. Less than 20 mins. to Downtown Memphis.

  John Cornes Braden, Braden & Braden LLC

  0 Stage Rd Unit 10201799, Memphis, TN 38128
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  /28

  $157,000

  • 3 Beds
  • 2 Baths
  • 1,200+ Sq Ft

  3681 Natalie Dr, Memphis, TN 38128

  Welcome home to 3681 Natalie Dr! This charming 3-bedroom, 2-bath home features a bright and inviting living area, a spacious kitchen with plenty of storage, and a backyard perfect for gatherings. Conveniently located near shopping, schools and easy access to major highways, this home offers both comfort and convenience.

  Nyssa Kizer Regency Realty, LLC

  3681 Natalie Dr, Memphis, TN 38128
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  /2

  $275,000

  • Land
  • 0.36 Acre
  • $763,889 per Acre

  3005 Frayser-Raleigh Rd, Memphis, TN 38128

  Location Location Location! 3 separate lots totaling a little over an acre. Suitable for many uses. Across the street from Nike. Not far from Amazon. Don't miss out on this opportunity! **SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!** 3005 Frayser-Raleigh Parcel: 084002-00004, 2995 Frayser-Raleigh Parcel: 084002-00003, and 0 Frayser-Raleigh Parcel: 084002-00002 (Will not be sold

  Timika Montes de Oca Adaro Realty, Inc.

  3005 Frayser-Raleigh Rd, Memphis, TN 38128
• 

  

  /19

  $90,000

  • 3 Beds
  • 2.5 Baths
  • 1,843 Sq Ft

  3637 Haughton Ln Unit 2, Memphis, TN 38128

  Must-See Move-In Ready Condo! This spacious 3-bedroom, 2.1-bath condo offers 1,600 sq. ft. of comfortable living space. Perfect opportunity for cash buyers only. Enjoy a manageable $195 monthly HOA fee. Don’t miss out—call today to schedule your viewing!

  Lakesha Lilly Leatherwood The Home Partners Realty

  3637 Haughton Ln Unit 2, Memphis, TN 38128
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  /2

  $80,000

  • Land
  • 8.54 Acres
  • $9,368 per Acre

  0 Coleman Rd, Memphis, TN 38128

  Drive by anytime.

  Flor Bernal Crye-Leike, Inc., REALTORS

  0 Coleman Rd, Memphis, TN 38128
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  /24

  $255,000

  • 3 Beds
  • 2 Baths
  • 2,502 Sq Ft

  4851 Rolling Meadows Dr, Memphis, TN 38128

  Welcome to this beautifully maintained 3-bedroom, 2-bath property nestled in a quiet, established neighborhood in Raleigh on a corner lot. Step inside to find a spacious living area, a cozy brick fireplace, and a formal dinning room perfect for gatherings and entertaining guest. Enjoy the patio and fenced backyard, ideal for relaxing afternoons, pets or summer barbeques. Lots of available

  Lizette Salameh BHHS McLemore & Co., Realty

  4851 Rolling Meadows Dr, Memphis, TN 38128
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  /15

  $242,000

  • 3 Beds
  • 2.5 Baths
  • 1,600+ Sq Ft

  5577 Falling Bark Dr, Memphis, TN 38134

  Welcome to your new home! 1700+ sq ft. This two-story 3-bedroom + Bonus room, 2.5 bath residence is ready for its new owner! The Primary bedroom is conveniently located on the main floor. 2 bedrooms and the bonus room are upstairs. The primary bedroom boasts an en-suite bath complete with a separate spa tub and shower for your relaxation. With an open-space floorplan and high ceilings, this home

  Jessica Walls KAIZEN Realty, LLC

  5577 Falling Bark Dr, Memphis, TN 38134
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  /10

  $129,900

  • 3 Beds
  • 1 Bath
  • 1,004 Sq Ft

  4250 Trudy St, Memphis, TN 38128

  Charming 3-bedroom, 1-bath home nestled in the desirable 38128 area! Completely renovated in 2021, this move-in-ready property features a new roof, updated water heater, and a warm, functional layout. Enjoy excellent curb appeal and a spacious fenced backyard—perfect for relaxing, entertaining, or making a smart investment.

  Thomas Zettergren Premier Realty Group, LLC

  4250 Trudy St, Memphis, TN 38128
• 

  /2

  $172,000

  • 3 Beds
  • 2 Baths
  • 1,800+ Sq Ft

  3421 Adrick Rd, Memphis, TN 38128

  PACKAGE SALE. Six properties. DRIVE-BY ONLY!!! No sign on properties. TENANT RIGHTS. DO NOT DISTURB TENANTS!!! Package includes 4616 Blanding Dr, 4243 Sunnyslope Dr, 2865 Danville Cv, 3763 Clearbrook St and 3711 Wolf Trail Dr. Total purchase price is $845,000. All properties rented & occupied. Combined monthly rent collected $6502. Text or call listing agent for more details. Properties NOT being

  Brook Loper 901 Properties

  3421 Adrick Rd, Memphis, TN 38128
• 

  

  /40

  $355,000

  • 4 Beds
  • 3 Baths
  • 3,600+ Sq Ft

  3885 Lakemont Dr, Memphis, TN 38128

  This meticulously well-maintained lakefront split-level residence offers 4 bedrooms, 3 bathrooms, a sunroom, media room/study/ bedroom, a finished basement, expansive eat-in kitchen, updated kitchen appliances, new roof, open loft area, additional desirable features, abundant natural light, stunning backyard oasis ideal for both entertaining and relaxation, and a fully stocked lake. SOLD AS IS.

  LaToia Kimble Crye-Leike, Inc., REALTORS

  3885 Lakemont Dr, Memphis, TN 38128
• 

  

  /7

  $125,000

  • 4 Beds
  • 1 Bath
  • 1,188 Sq Ft

  3614 Trudy Cove, Memphis, TN 38128

  tenant occupied investment property, do not disturb tenant. Tenant's rights apply. showings only permitted with accepted offer. Interior photos depict condition before current tenant occupancy.

  Justin Thorne HomePlace Real Estate

  3614 Trudy Cove, Memphis, TN 38128

Showing Results 1 - 40, Page 1 of 3

Why Live in Raleigh

Major Memphis employers like Amazon and Nike are strengthening the revitalization of Raleigh, a growing suburb on the northeast side of the city. The neighborhood has a mix of ranch-style, split-level and Colonial Revival homes, many with fenced-in backyards and carports. Contemporary New Traditional homes with open floor plans are also available. Raleigh's residential streets are shaded by oak trees, and the area includes small lakes such as Otter and Beaver Lake, offering waterfront views. Located about 13 miles from Downtown Memphis, the community is near Interstate 40, providing access to Memphis, Nashville and Knoxville. Memphis Area Transit Authority buses run along nearby main roads, and Memphis International Airport is about 20 miles away. A commercial hub along Austin Peay Highway includes regional fast-food chains, local favorites like Donut Man and Southern Hands and grocery stores like Aldi. Green spaces are plentiful, with Harry C Pierotti Park offering tennis and basketball courts, a playground and the Raleigh Community Center, which features an outdoor pool and various programs. The Raleigh Springs Civic Center has a pond and a skate park. Outdoor activities extend to the Wolf River Greenway and Epping Lake, popular for biking and fishing. The Shelby County School District serves the community through Egypt Elementary School, Raleigh-Egypt Middle School and Raleigh-Egypt High School. Neighbors come together for annual events like the Block Party for Peace, fostering a strong sense of community.

Learn more about living in Raleigh

Frequently Asked Questions

Is Raleigh a good place to live?

Raleigh is a good place to live. Raleigh is considered very car-dependent and somewhat bikeable with minimal transit options. Raleigh is a suburban neighborhood. Raleigh has 5 parks for recreational activities. It is sparse in population with 3.0 people per acre and a median age of 33. The average household income is $58,386 which is below the national average. College graduates make up 14% of residents. A majority of residents in Raleigh are renters, with 62.5% of residents renting and 37.5% of residents owning their home. A local real estate agent serving Raleigh can help you decide if this neighborhood is the right one for you. Learn more on our Raleigh neighborhood guide.

Is Raleigh, TN a safe neighborhood?

Raleigh, TN is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.

How much do you need to make to afford a house in Raleigh?

The median home price in Raleigh is $175,000. If you put a 20% down payment of $35,000 and had a 30-year fixed mortgage with an interest rate of 6.15%, your estimated principal and interest payment would be $850 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $36K a year to afford the median home price in Raleigh. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Raleigh is $58K.

What are the best public schools in Raleigh?

The best public schools that serve Raleigh are:

• White Station High has an A Niche grade, a student teacher ratio of 18:1 and an average review score of 3.8.
• White Station Middle has an A- Niche grade, a student teacher ratio of 16:1 and an average review score of 3.0.
• Wells Station Elementary School has a C+ Niche grade and a student teacher ratio of 13:1.

What are the best private schools in Raleigh?

The best private schools that serve Raleigh are:

• Immanuel Lutheran School has an A+ Niche grade, a student teacher ratio of 10:1 and an average review score of 5.0.
• Christian Brothers High School has an A+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.4.
• St. Agnes Academy has an A Niche grade, a student teacher ratio of 5:1 and an average review score of 4.5.

What are the most popular zip codes in Raleigh, Memphis, TN?

The most popular zip codes in Raleigh, Memphis, TN include 38128, 38134, 38135, 38108 and 38122.

What are the most popular neighborhoods near Raleigh, Memphis, TN?

The most popular neighborhoods near Raleigh, Memphis, TN are Douglass, Berclair, Frayser, Hollywood and Hyde Park.

Home Trends in Raleigh, TN

On average, homes in Raleigh, Memphis sell after 49 days on the market compared to the national average of 53 days. The median sale price for homes in Raleigh, Memphis over the last 12 months is $168,500, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$168,500

Median Single Family Sale Price

$170,000

Median Townhouse Sale Price

$94,500

Median 2 Bedroom Sale Price

$94,500

Average Price Per Sq Ft

$106

Number of Homes for Sale

74

Last 12 months Home Sales

228

Months of Supply

3.90

Median List Price

$175,000

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

9%