Raleigh Homes for Sale

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  $159,000

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

  3083 Kenneth St, Memphis, TN 38128

  Motivated seller! Welcome to 3083 Kenneth Street, a charming single-story home that’s move-in ready and priced right. Featuring three bedrooms, one and a half baths, this home is a great fit for first-time buyers or families looking for affordability without sacrificing convenience. It sits on a spacious quarter-acre lot, giving you room to enjoy the outdoors or plan for future updates. Offered

  

  Walter Jones

  BEST Real Estate Company

  (901) 586-0247

  3083 Kenneth St, Memphis, TN 38128
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  Explore Raleigh

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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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  /28

  $239,900

  • 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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  /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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  /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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  $230,000

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

  1962 Adney Gap Dr, Memphis, TN 38134

  Charming 3BR/2BA home with bonus space and a fantastic backyard! Spacious living room features engineered hardwood floors, crown molding, and a cozy fireplace. Kitchen offers bold cabinetry, updated hardware, and a large window overlooking the backyard. Dining room plus a separate office or study give flexible living options. Upstairs bonus room is perfect for a media room, playroom, or gym.

  Kelly Day SimpliHOM

  1962 Adney Gap Dr, Memphis, TN 38134
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  $175,000

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

  4833 Rolling Meadows Dr, Memphis, TN 38128

  Charming one-owner, one-story brick home with great potential! Hardwood floors under carpet throughout. Spacious living room with staircase to large unfinished attic—perfect for expansion. Formal dining room flows into a functional kitchen with room to customize. Primary bedroom with en-suite bath, plus two additional bedrooms and a full hall bath. Solid construction, vintage details, and

  Donnie Morrow eXp Realty, LLC

  4833 Rolling Meadows Dr, Memphis, TN 38128
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  /12

  $215,000

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

  4427 Mayo Ave, Memphis, TN 38128

  New price & new photos—don’t miss this one! Fall in love with this charming two-story traditional in the Raleigh neighborhood of Memphis, offering 3BR/2.5BA, an eat-in kitchen with breakfast bar, formal dining, and a cozy living room with fireplace. With 1,606± SF on a generous 9,888± SF lot, there’s room to live and entertain—step outside to a level backyard with patio for weekend get-togethers.

  Pamela Prater REMAX Experts

  4427 Mayo Ave, Memphis, TN 38128
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  /22

  $220,000

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

  5616 Falling Bark Dr, Memphis, TN 38134

  Move-In Ready 3-Bedroom, 2-Bath Home with 2-Car Garage – 38134!!! Welcome to this inviting 3-bedroom, 2-bath home nestled in the desirable 38134 area. Offering approximately 1,202 square feet of well-designed living space, this property features a bright and functional layout perfect for comfortable everyday living. Enjoy a spacious living area, a dedicated dining space, and a kitchen ready for

  Lisa Todd KAIZEN Realty, LLC

  5616 Falling Bark Dr, Memphis, TN 38134
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  /22

  $235,850

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

  4480 Tanbark Ave, Memphis, TN 38128

  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 COVERED PATIO. CALL NOW!!!

  Helen Jackson Good Shepherds Realty & Invest

  4480 Tanbark Ave, Memphis, TN 38128
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  /18

  $210,000

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

  4668 Casann Ave, Memphis, TN 38128

  Charming Ranch in Raleigh Introducing a timeless 3-bed, 2-bath traditional home in desirable Raleigh. This inviting residence features formal living and dining, a cozy wooded-beam great room, and an eat-in kitchen with built-in breakfast nook leading to a covered carport. Classic design elements add character throughout. Step outside to enjoy your front porch or entertain on the backyard patio.

  Marija Tomic ResiAmerica, Inc.

  4668 Casann Ave, Memphis, TN 38128
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  /22

  $185,000

  • 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

  $184,900

  • 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

  $179,000

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

  3675 Naylor Dr, Memphis, TN 38128

  Affordable & move in ready, this updated home qualifies for a $10,000 down payment assistance grant, making it an excellent opportunity for first-time homebuyers or investors. The property features brand-new flooring, fresh interior paint, updated kitchen cabinets, & impressive tile work. A new HVAC system ensures year-round comfort, while the large, fully fenced backyard provides ample space

  Jan Jones Groome & Co.

  3675 Naylor 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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  /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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  /12

  $192,500

  • 3 Beds
  • 2 Baths
  • 10,018 Sq Ft

  4042 Twin Lakes Dr, Memphis, TN 38128

  Channell Ghant Grande Style Homes

  4042 Twin Lakes Dr, Memphis, TN 38128
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  /15

  $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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  /15

  $171,000

  • 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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  /19

  $88,000

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

  3793 Tessland Rd, Memphis, TN 38128

  Full of potential! This home is offered as-is and needs some TLC, but it’s a wonderful opportunity for buyers who want to create their own space or investors looking for a solid rental property. With updates and care, this property could truly shine as a cozy home or profitable addition to a portfolio. Don't miss out!

  Taneisha Lomax C21 Patterson & Assoc. Real Es

  3793 Tessland Rd, Memphis, TN 38128
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  /21

  $154,000

  • 4 Beds
  • 2 Baths
  • 1,600+ Sq Ft

  3090 Earnett St, Memphis, TN 38128

  Welcome to this charming 4-bedroom, 2-bath home offering 1,765 sq. ft. of living space! Built in 1960, this brick veneer residence features a flexible 1.5-story layout with 7 rooms to fit your lifestyle. Enjoy year-round comfort with central heating and air. A perfect opportunity to make it your own while enjoying timeless character in a great location! Property Sold as is

  Jeanette Lin Pinnacle Realty

  3090 Earnett St, Memphis, TN 38128
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  /16

  $138,000

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

  4188 Time St, Memphis, TN 38128

  Come add your personal touch to this super cute, well-maintained home! Offering 3 bedrooms & 1 full bath nestled on a great sized lot! This home features a separate living room, nice size kitchen with large eat-in area, and a separate laundry area. All appliances will stay!! French Doors in the breakfast area open to a small patio accompanied by a private, fenced backyard, fit for hosting some

  Terryn Offiong TOP Realtors & Associates LLC

  4188 Time St, Memphis, TN 38128
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  $167,000

  • 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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  /18

  $164,900

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

  3924 Winwood Dr, Memphis, TN 38128

  DO NOT DISTURB TENANTS! Tenant-Occupied. Inspection with accepted Contract. Great investment opportunity. Other properties in portfolio:4714 Leonard, 2822 Brewer, 2982 Southwall, 3924 Winwood.

  Austin Rowe Onward Real Estate

  3924 Winwood Dr, Memphis, TN 38128
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  /40

  $775,000

  • 6 Beds
  • 4.5 Baths
  • 6,200+ Sq Ft

  3887 N Lakewood Dr, Memphis, TN 38128

  Turnkey Investment or Lifestyle Property – This beautifully maintained 6 bedroom + Loft + Bonus Room, 4.1 bathrooms home is currently operated as a short-term rental and offers multiple income opportunities. Features include New In ground pool, modern kitchen, spacious living areas, serene 1.49 acre lot. Perfect as an investment property or primary residence. Buyer to verify all local

  Rachel Gilliam Crye-Leike, Inc., REALTORS

  3887 N Lakewood Dr, Memphis, TN 38128
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  /16

  $129,900

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

  3989 Martindale Ave, Memphis, TN 38128

  Priced to Sell. Newly Painted 3-bedroom 2 Full bath Single Story House in Raleigh. New Roof, New HVAC, New Plumbing and Nice updated eat-in kitchen. Large Fence in Backyard. Call listing agent for showing appointment.

  Ahmed Feroze The Stamps Real Estate Company

  3989 Martindale Ave, Memphis, TN 38128
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  /14

  $129,900

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

  4040 Windermere Rd, Memphis, TN 38128

  Newly Renovated Property! Great opportunity for an investor or homebuyer! The property is currently unoccupied and readily available for viewing. This property is currently being professionally managed by Reedy and Company. Whether you're an owner-occupant or investor, this opportunity is open to you. No wholesale or creative financing offers.

  Mark Hart Reedy & Company, REALTORS

  4040 Windermere Rd, Memphis, TN 38128
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  /14

  $159,900

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

  4100 Hitchcock Dr, Memphis, TN 38128

  Step into a beautiful renewed home that is ready for your next chapter. Nestled on a quiet, established street, this three-bedroom, two-bath home welcomes you with freshly painted walls that brighten every room. The layout has been smoothed out with fresh new carpet and luxury vinyl flooring throughout. Step outside to discover a generously sized driveway and an attached garage—room enough for

  Joseph Herrera Premier Realty Group, LLC

  4100 Hitchcock Dr, Memphis, TN 38128
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  /40

  $355,000 Open Sun 2PM - 4PM

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

  3885 Lakemont Dr, Memphis, TN 38128

  OPEN SUN 9/14 2:00-4:00 Well-maintained split-level home that offers a Sunroom, Media Room/Study/ Bedroom, a Finished Basement, Large Eat-In Kitchen, an open loft area and a fully stocked lake that's ready for your entertainment. SOLD AS IS.

  LaToia Kimble Crye-Leike, Inc., REALTORS

  3885 Lakemont Dr, Memphis, TN 38128
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  $117,000

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

  4706 Stage Rd, Memphis, TN 38128

  Three bedroom, two bathroom home that—with repairs—can become a dream property. The carport and ceilings require attention, but with the right investor, this home has the potential to shine. It features hardwood floors that could be brought back to life with some TLC. Don’t miss the opportunity to own this home in a convenient Memphis location!

  Robert Salmons Entera Realty

  4706 Stage Rd, Memphis, TN 38128
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  /22

  $104,900

  • 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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  $255,000

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

  5345 Raleigh Lagrange Rd, Memphis, TN 38134

  Finally, a home that works for the way you live today! This beautifully updated 3BR, 2.5BA home offers 1,900 sq ft of versatile space plus a 500 sq ft finished basement perfect for a media room, music space, or game zone. The new kitchen features quartz counters, custom cabinets, stainless appliances & designer backsplash—ideal for cooking and entertaining. Retreat to the primary suite with a

  Jennifer Arendale Coldwell Banker Collins-Maury

  5345 Raleigh Lagrange Rd, Memphis, TN 38134
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  $124,900

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

  2795 E Hickory Bluff, Memphis, TN 38128

  Don't miss this opportunity to add a property to your rental portfolio. Great rental area and this property is located near all types of commerce and industry. No blind offers and no wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  2795 E Hickory Bluff, Memphis, TN 38128
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  $283,000

  • 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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  /13

  $44,990

  • Land
  • 5.31 Acres
  • $8,473 per Acre

  1 Hobson Rd, Memphis, TN 38128

  Prime Vacant Lot in the Heart of the CityThis expansive vacant lot offers a rare opportunity to build your dream in a prime urban location. With all public utilities available, the groundwork is already in place—literally. A cleared area and driveway mean you can get started right away.Whether you're planning a custom home, investment property, or something unique, this property

  Jessica Willis EXIT Realty Gateway South

  1 Hobson Rd, Memphis, TN 38128
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  /22

  $125,000

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

  1751 Fox Hunt Ln Unit 5, Memphis, TN 38134

  SECLUDED AND QUIET CONDOMINIUM COMPLEX CLOSER TO RALIEGH/BARTLETT, LOW HOA FEES! Super affordable! Spacious and sunny, 3 bedroom 2 and 1/2 bath townhouse condo. All appliances stay. Convenient to Summer and Sycamore View area shopping with easy access to I-40 and Southwest Tennessee Community College. New LVP flooring downstairs, all hardwood upstairs.

  Carolyn Hooker Crye-Leike, Inc., REALTORS

  1751 Fox Hunt Ln Unit 5, Memphis, TN 38134
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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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  /9

  $14,000

  • Land
  • 0.59 Acre
  • $23,729 per Acre

  2868 East St, Memphis, TN 38128

  Vacant land *.60 acres* Multi use* drive by today Reduced: .60 acres* multi use* Commercial or Residential

  Christine Abston REMAX Experts

  2868 East St, 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 $175,000. If you put a 20% down payment of $35,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $870 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $37K 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 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.
• Berclair 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, 38108, 38135 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 45 days on the market compared to the national average of 52 days. The median sale price for homes in Raleigh, Memphis over the last 12 months is $162,500, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$162,500

Median Single Family Sale Price

$170,000

Median Townhouse Sale Price

$196,200

Median 2 Bedroom Sale Price

$95,000

Average Price Per Sq Ft

$107

Number of Homes for Sale

70

Last 12 months Home Sales

199

Months of Supply

4.20

Median List Price

$175,000

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

9%