Raleigh Homes for Sale

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  /30

  $229,999

  • 3 Beds
  • 2 Baths
  • 2,000+ Sq Ft

  3051 Overbrook Dr, Memphis, TN 38128

  Beautifully updated home in Raleigh with over 2,000 sq ft of living space! Features a spacious layout, large backyard, and fresh updates throughout. Located in a growing area of Memphis with strong rental demand—ideal for investors or homeowners seeking value and space. Close to schools, parks, and shopping. A great find at this price point—don’t miss your chance!

  

  Blake Clothier

  Premier Realty Group, LLC

  (901) 657-2667

  3051 Overbrook Dr, Memphis, TN 38128
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  Explore Raleigh

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  /16

  $189,000

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

  3594 Kipling Ave, Memphis, TN 38128

  Nestled in the quiet beautiful neighborhood is this 4-bedroom, 1.5-bathroom home in 38128 offers space, comfort, and just enough character to make you feel right at home—without trying too hard. The layout includes four bedrooms and with 1.5 bathrooms and is conveniently and centrally located. To help you envision the possibilities, we’ve included digitally staged photos. No, the furniture

  

  Vivian Denogean

  Fast Track Realty, LLC

  (901) 627-3155

  3594 Kipling Ave, Memphis, TN 38128
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  /17

  $129,999

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

  1726 Fox Hunt Ln Unit 21, Memphis, TN 38134

  This move-in ready condo features 3 bedrooms and 2.5 bathrooms. The AC unit and water heater were recently replaced, and there's new hardwood flooring and paint in all bedrooms. Items to remain with home includes Refrigerator and Washer & Dryer. Don't miss this fully equipped home. Schedule your showing today!

  

  Steve Luong

  eXp Realty, LLC

  (901) 675-7957

  1726 Fox Hunt Ln Unit 21, Memphis, TN 38134
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  /2

  $156,800

  • 3 Beds
  • 1.5 Baths
  • 1,000+ Sq Ft

  4193 Riche Rd, Memphis, TN 38128

  Investor Alert: This 3 bed / 1 bath home in the Riche Hills subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 403-6268

  4193 Riche Rd, Memphis, TN 38128
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  /40

  $345,000

  • 5 Beds
  • 3 Baths
  • 3,200+ 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) 883-7042

  3953 Otter Dr, Memphis, TN 38128
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  /2

  $185,400

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

  2591 Bay Pointe Cir E, Memphis, TN 38128

  Investor Alert: This 3 bed / 2 bath home in the Bay Point Cottage subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof installed in 2024. Seller will sell properties as a package or in various smaller packages.

  

  Daniel Johnson

  Keller Williams

  (901) 902-4218

  2591 Bay Pointe Cir E, Memphis, TN 38128
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  /30

  $225,000

  • 3 Beds
  • 2.5 Baths
  • 2,000+ Sq Ft

  4088 N Lake Forest Dr, Memphis, TN 38128

  Welcome to 4088 N Lake Forrest Dr in Memphis, TN! Sitting on nearly an acre lot in a quiet neighborhood, this home offers a perfect blend of comfort and privacy. Featuring 3 beds and 2.5 baths with a large living room, highlighted with vaulted ceilings and a cozy brick fireplace. The kitchen offers ample counter space, plenty of cabinetry and a functional island! Outside, you'll find a peaceful

  Aaron Jacques Reid, REALTORS

  4088 N Lake Forest Dr, Memphis, TN 38128
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  /33

  $205,000

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

  2880 Cavern Dr, Memphis, TN 38128

  This 4-bedroom, 3-bath home offers a comfortable and functional layout with plenty of room to gather or relax. The brick exterior and large front yard create a welcoming first impression. Inside, you’ll find hardwood flooring in the main living areas, a cozy fireplace in the living room, and an open flow into the dining area and kitchen. The eat-in kitchen features plenty of cabinet and counter

  Jeff Goff Keller Williams

  2880 Cavern Dr, Memphis, TN 38128
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  /18

  $255,000

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

  5577 Falling Bark Dr, Memphis, TN 38134

  Welcome to your new home! This two-story 3-bedroom, 2.5-bath residence also features a versatile large Bonus Room that's perfect for a media room or play area. 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

  Jessica Walls KAIZEN Realty, LLC

  5577 Falling Bark Dr, Memphis, TN 38134
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  /29

  $235,000

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

  3784 Merritt St, Memphis, TN 38128

  Do not miss this adorable home in Lakewood Estates. Featuring 3 large bedrooms, 2 full baths all on one floor, you get a huge greatroom (19x17) with a separate living room and dining room. Hvac, roof, and gutters approximately 5 years old. All flooring is new with porcelain tile in the kitchen and waterproof luxury vinyl plank floors throughout the rest of the home. Backyard is where this home

  Danny Freeman Crye-Leike, Inc., REALTORS

  3784 Merritt St, Memphis, TN 38128
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  /15

  $189,900

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

  3099 Joslyn St, Memphis, TN 38128

  Charming 4-Bedroom, 2-Bath Home with Endless Potential – Prime Location! This spacious 4-bedroom, 2 full bath home is the perfect opportunity for buyers looking to add their personal touch. With a little TLC, this property can truly shine! Located in a highly desirable area, it offers unbeatable convenience to shopping, top-rated schools, medical facilities, and more. Whether you're a first-time

  Jovett Thomas Crye-Leike, Inc., REALTORS

  3099 Joslyn St, Memphis, TN 38128
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  /28

  $185,000

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

  3675 Naylor Dr, Memphis, TN 38128

  Cute move in ready 3 bedroom home & home qualifies for a $10,000 down payment assistance grant! You will love the new flooring, fresh paint, new kitchen cabinets, amazing tile work, new HVAC, and large fenced back yard! Located off of Austin Peay & Yale, this home is convenient to the new Raleigh Civic center featuring the public library, skate park, walking trail, & pond. Great quiet location.

  Jan Jones Groome & Co.

  3675 Naylor Dr, Memphis, TN 38128
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  /9

  $242,000

  • 5 Beds
  • 3.5 Baths
  • 3,000+ Sq Ft

  4626 St Elmo Ave, Memphis, TN 38128

  Spacious 5-Bedroom, 3.5-Bathroom Home with Large Backyard This expansive home offers over 3,000 square feet of living space, featuring 5 bedrooms and 3.5 bathrooms. The property includes a generous backyard filled with mature trees, a storage shed, and a back deck—ideal for entertaining or relaxing outdoors. With some TLC, this home has the potential to truly shine and become something special.

  Robert Salmons Entera Realty

  4626 St Elmo Ave, Memphis, TN 38128
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  /22

  $259,900

  • 4 Beds
  • 2 Baths
  • 2,000+ Sq Ft

  4479 Raleigh Millington Rd, Memphis, TN 38128

  Welcome to your beautifully renovated 4-bedroom, 2-bathroom home, This home features an updated kitchen with ample storage and modern finishes, ideal for any home chef. Enjoy the bright and airy atmosphere with plenty of natural light throughout, especially in the open upstairs living space. The large backyard offers endless possibilities for entertaining, gardening, or relaxing outdoors. Don’t

  Erika Dean Agba Crye-Leike, Inc., REALTORS

  4479 Raleigh Millington Rd, Memphis, TN 38128
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  /17

  $215,000

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

  3213 Covington Pike, Memphis, TN 38128

  REDUCED!! Larger than it appears 3-Bedroom Home in great location near shopping and schools. This charming home offers comfortable living near schools, churches, and shopping. Enjoy the convenience of a large covered parking area with plenty of off street parking including a two car carport. Home also features three bedrooms, two baths, separate living room, separate dining room, separate

  William Carr Crye-Leike, Inc., REALTORS

  3213 Covington Pike, Memphis, TN 38128
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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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  /20

  $185,000

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

  3313 Earl Dr, Memphis, TN 38128

  Great Investment Opportunity in Raleigh! This all-brick, 3-bedroom, 1.5-bath home is a fantastic investment opportunity in a prime location! Situated near shopping centers, grocery stores, and just minutes from Nike and the newly developed Amazon Warehouse—a major addition to the area—this property offers both convenience and potential. Inside, you'll find original hardwood floors in the living

  Lesia Harris REMAX Experts

  3313 Earl Dr, Memphis, TN 38128
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  /2

  $210,000

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

  4831 Yale Rd, Memphis, TN 38128

  Charming 3 Bedroom, 2 Bath Home – Must See! This delightful home features a formal living room, separate great room with cozy fireplace, formal dining room, and a closed-in patio perfect for relaxing or entertaining. The seller is motivated and offering a carpet and master bathroom update allowance with full-priced offer. Refrigerator and oven remain with the home. Don't miss out—call today to

  Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

  4831 Yale Rd, Memphis, TN 38128
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  /15

  $200,500

  • 3 Beds
  • 2 Baths
  • 2,600+ Sq Ft

  3751 N Lakewood Dr, Memphis, TN 38128

  Being sold thru auction means. There is a 5% buyer auction premium pursuant to the Auction participation agreement on all accepted offers. Soft Contemporary styling shows off this party inspired home with Massive living spaces, Open floor plan, tiled floors and View from rooms of the pool deck. Kitchen with island~~Luxury Primary Bathroom.. all needs Personal touches and updates~~Inground pool

  Scott Housewirth Crye-Leike Inc., REALTORS

  3751 N Lakewood Dr, Memphis, TN 38128
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  /2

  $201,800

  • 4 Beds
  • 2 Baths
  • 2,000+ Sq Ft

  5509 Rappahannock Dr, Memphis, TN 38134

  Here is an attractive opportunity to buy a four bedroom, two bathroom home on a nice corner lot with curb appeal. Home has plenty of space and potential for a lucrative investment. Needs work. Occupied Reserve Auction – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" sale with no contingencies or inspections. Buyer will be responsible for obtaining possession

  Lori Brown Realhome Services & Solutions

  5509 Rappahannock Dr, Memphis, TN 38134
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  /14

  $100,000

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

  3979 Longsneck Ave, Memphis, TN 38128

  Investor Special – Fixer Upper Opportunity! This 3-bedroom, 2-bath home with a 1-car garage is ready for a full remodel and priced accordingly. Sold AS-IS—seller will make no repairs. Ideal for cash buyers looking for their next project. NEW architectural roof already in place. No creative financing, owner financing, wholesaling, or assignments will be considered. Buyers, please complete all

  Tracie Benetz Emmett Baird Realty, LLC

  3979 Longsneck Ave, Memphis, TN 38128
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  /7

  $159,000

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  3850 Brandy Ave, Memphis, TN 38128

  Come take a look at this wonderful home. This property has been fully renovated from the studs, as close to new construction as you can get. This property has new windows, al new interior and exterior doors, new HVAC, new hot water tank, all new electrical (fully rewired, new panel, new wall devices and lighting). Both master and hall bath are fully renovated. Then kitchen features stainless

  Patrick Townsend REMAX Experts

  3850 Brandy Ave, Memphis, TN 38128
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  /7

  $204,500

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

  4709 Old Raleigh Millington Rd, Memphis, TN 38128

  RARE 5 BR property in Raleigh - Don't Miss It! Freshly renovated home features ALL NEW FLOORING - fresh INTERIOR and EXTERIOR PAINT - NEW HVAC System - NEW Windows and more! Seller providing a $2500 Appliance package (STOVE - DISHWASHER - GARBAGE DISPOSAL).

  Gerald Williams KAIZEN Realty, LLC

  4709 Old Raleigh Millington Rd, Memphis, TN 38128
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  /26

  $175,000

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

  3485 Panbrook Cove, Memphis, TN 38128

  Beautiful 3 Bedroom 1 1/2 Bath brick home has been so well maintained. It has new wood laminate floors, fresh paint and the Heat and Air is less than a year old. Attached double carport and nice fenced back yard. Convenient kitchen opens to the breakfast room and den. Fireplace has a raised hearth. New energy efficient double pane windows! Located on the corner of a quiet cove, Close to

  Pat Goldstein Crye-Leike, Inc., REALTORS

  3485 Panbrook Cove, Memphis, TN 38128
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  /9

  $19,900

  • Land
  • 0.59 Acre
  • $33,729 per Acre

  2868 East St, Memphis, TN 38128

  Vacant land *.60 acres* Multi use* drive by today

  Christine Abston REMAX Experts

  2868 East St, Memphis, TN 38128
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  /2

  $1,200,000

  • Land
  • 12 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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  /2

  $350,000

  • Land
  • 15 Acres
  • $23,302 per Acre

  0 Raleigh Millington Rd, Memphis, TN 38128

  Prime 15-acre parcel with preliminary planning in place for a 90-townhome development. Over $50,000 has already been invested in initial engineering work. The site is well-positioned for residential development, with timber harvest scheduled to prepare the land for construction. Utilities and infrastructure are accessible nearby. This is a rare opportunity for builders and developers to acquire a

  Crystal Mitchell Renshaw Company, REALTORS

  0 Raleigh Millington Rd, Memphis, TN 38128
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  /8

  $67,750

  • Land
  • 5 Acres
  • $12,500 per Acre

  0 Frayser Raleigh Rd Unit 10201493, Memphis, TN 38128

  Discover an exceptional opportunity with this 5.42-acre wooded residential development tract, ideally situated for new housing in a high-growth area. Located less than one mile east of the brand new Nike distribution center and just 1.2 miles from the new Amazon distribution center, this property is perfectly positioned to meet the escalating demand for housing driven by recent new jobs. Zoned

  William Patton National Land Realty, LLC

  0 Frayser Raleigh Rd Unit 10201493, Memphis, TN 38128
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  /3

  $38,000

  • Land
  • 0.54 Acre
  • $70,370 per Acre

  0 Wendt Ave, Memphis, TN 38128

  All utilities, gas/electric/city water and sewage. Residential zoned .54 acre lot. *Parcel 062029 00007

  Donnie Morrow eXp Realty, LLC

  0 Wendt Ave, Memphis, TN 38128
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  /34

  $265,000

  • 4 Beds
  • 2 Baths
  • 2,000+ Sq Ft

  5315 Pipers Gap Cove, Memphis, TN 38134

  Spacious 4-Bedroom Home with Endless Potential! This charming & generously sized home offers 4 BRS & 2 full BA, 3BRS conveniently located on the main level. Inside, you'll find a formal living room & dining room, perfect for entertaining, as well as a large den with a cozy fireplace for relaxing evenings at home.The galley kitchen (new cooktop) & adjacent laundry room provide functional spaces

  Allyson Avera Crye-Leike, Inc., REALTORS

  5315 Pipers Gap Cove, Memphis, TN 38134
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  /14

  $230,000

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

  5655 Falling Bark Dr, Memphis, TN 38134

  Beautifully maintained 3 bed/ 2 bath, zero lot line home in Bartlett! One level home! Gorgeous new laminate hardwood floors and plush new carpet. Fresh paint throughout the house. Open concept floor plan with eat in kitchen and breakfast bar overlooking spacious den. Large primary bedroom has luxury bathroom with separate jacuzzi bath and shower. Garage and a patio area in the back!

  Shelia Gray Harris Realty Services

  5655 Falling Bark Dr, Memphis, TN 38134
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  /15

  $119,900

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

  3907 Bowmar Cove, Memphis, TN 38128

  Tenant-occupied 3 bed with a charming brick exterior. Inside, your tenant will enjoy low-maintenance plank flooring in kitchen and living areas, tile in the baths and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family. This property is an excellent addition to any investment portfolio, with a reliable tenant in place; leased through April 2026.

  Camela Henke Enterprise, REALTORS

  3907 Bowmar Cove, Memphis, TN 38128
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  /35

  $279,000

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

  3249 Ridge Creek Dr, Memphis, TN 38128

  Come and experience this charming, move-in ready home that offers spacious living and a warm, welcoming atmosphere. The home features a lovely balcony perfect for enjoying your mornings or relaxing evenings. Recently updated with fresh new paint and a brand-new roof, it combines maintenance-free convenience with timeless appeal. The beautifully landscaped front and back yards create a serene

  Mary Wardlow TRG Real Estate Services, LLC

  3249 Ridge Creek Dr, Memphis, TN 38128
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  /19

  $180,000

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

  3860 Capricorn Cove, Memphis, TN 38128

  Relax on the Front Porch that stretches across the front of this Lovely renovated 3 Bedroom 2 Bath home! Very open floor plan has a super spacious Great Room. Move-In ready with Gleaming hardwood Floors, Renovated bathrooms, and Fresh Paint. Everything has been done, all you have to do is move in. Or it would make a super investment property. Located on a level, corner lot. Very easy to care

  Pat Goldstein Crye-Leike, Inc., REALTORS

  3860 Capricorn Cove, Memphis, TN 38128
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  /2

  $75,000

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

  3569 Russelwood Dr, Memphis, TN 38128

  Great opportunity to add this gem to your portfolio! As Is Sale. No blind offers, no wholesalers, and no assignments. Cash or hard money offers only. Seller request that prior to making an offer to inspect property. Seller will not accept offers with contingencies.

  Fredrick Cunningham Keller Williams

  3569 Russelwood Dr, Memphis, TN 38128
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  /12

  $1,250,000

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

  4087 Singleton Pkwy, Memphis, TN 38128

  This 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. Potential

  John Cornes Braden, Braden & Braden LLC

  4087 Singleton Pkwy, Memphis, TN 38128
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  /19

  $162,000

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

  1757 Fox Hunt Ln, Memphis, TN 38134

  Fully renovated 3BR/2.5BA townhouse with nearly 200 more sq ft than similar units. Just minutes from I-40, I-240, Summer Ave & Sam Cooper. Features spacious living room, updated flooring, fresh paint, modern finishes, and a smart layout ideal for first-time buyers or small families. New roof, 2-year-old windows, and 1-year-old appliances included. Prime location with quick access to all of

  Julio Prieto Pinnacle Realty

  1757 Fox Hunt Ln, Memphis, TN 38134
• 

  

  /22

  $169,000

  • 3 Beds
  • 2 Baths
  • 1,000+ Sq Ft

  2568 Parkview Dr, Memphis, TN 38128

  Welcome to this charming and fully renovated 3-bedroom, 2-bathroom home that effortlessly combines modern elegance with comfortable living. As you step inside, you’ll immediately notice the bright and open floor plan, thoughtfully designed to create a welcoming atmosphere filled with natural light. Every inch of this home has been meticulously updated with high-quality finishes and attention to

  Brooke Boone Harris & Harris Realty Group

  2568 Parkview Dr, Memphis, TN 38128
• 

  

  /18

  $249,900

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

  4795 Rolling Meadows Dr, Memphis, TN 38128

  Great Addition to your Investment Portfolio! This 2505 SqFt, 3 Bedroom, 2 1/2 Bath Home Is a Fantastic Investment Opportunity in a Great Location. Very Roomy With Open Floor Plan with Large Walk-in Closets And a Storage Building. Close to Shopping and the Nike Warehouse and the New Addition of the Amazon Warehouse. This home is Tenant Occupied. Please Do Not Disturb The Tenants!

  Sheila Brackens 901, REALTORS

  4795 Rolling Meadows Dr, Memphis, TN 38128
• 

  

  /20

  $90,000

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

  3637 Haughton Ln Unit 2, Memphis, TN 38128

  This is a must see. Calling all investors and home owners. Come view this move in ready Condo. Seller prefers cash offer. Call today for your viewing. $195 monthly HOA

  Cynthia Edwards Grand Point Realty, LLC

  3637 Haughton Ln Unit 2, Memphis, TN 38128

Showing Results 1 - 40, Page 1 of 2

Why Live in Raleigh

Raleigh, a growing suburb in northeast Memphis, is experiencing revitalization with major employers like Amazon and Nike strengthening the community. The neighborhood features a mix of ranch-style, split-level, and colonial revival homes, many 40 to 50 years old with fenced-in backyards and carports. Newer traditional homes with open floorplans 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, Raleigh is near Interstate 40, providing access to Memphis, Nashville, and Knoxville. Public transportation is available via Route 11 of the Memphis Area Transit Authority Bus, and Memphis International Airport is about 20 miles away. The commercial hub along Austin Peay Highway includes regional fast-food chains, local favorites like Donut Man and Southern Hands, and big-box stores such as 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 includes a pond, a skate park, and the Raleigh Library. Outdoor activities extend to the Wolf River Greenway and Epping Lake, popular for biking and fishing. Raleigh is served by the Shelby County School District, with several public and charter school options available. The neighborhood also hosts 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.

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

The median home price in Raleigh is $399,850. If you put a 20% down payment of $80,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $89K a year to afford the median home price in Raleigh. 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 17:1 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 4.0.
• Berclair Elementary School has a C+ Niche grade and a student teacher ratio of 12:1.

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, Hyde Park and Hollywood.

Are home prices dropping in Raleigh?

Yes, home prices in Raleigh are down 5% in the last 12 months.

Home Trends in Raleigh, TN

On average, homes in Raleigh, Memphis sell after 77 days on the market compared to the national average of 70 days. The median sale price for homes in Raleigh, Memphis over the last 12 months is $359,990, down 28% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$359,990

Median Single Family Sale Price

$384,000

Median Townhouse Sale Price

$355,000

Median 2 Bedroom Sale Price

$380,000

Median 1 Bedroom Sale Price

$315,000

Average Price Per Sq Ft

$262

Number of Homes for Sale

74

Last 12 months Home Sales

253

Months of Supply

3.50

Median List Price

$399,850

Median Change From 1st List Price

1%

Median Home Sale Price YoY Change

-28%