Raleigh Homes for Sale

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  $289,000

  Open Sun 2PM - 4PM $11K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 3,269 Sq Ft

  3121 Beechrun Dr, Memphis, TN 38128

  Tucked away in a serene, nature-filled setting, this beautiful 4/5 bedroom, 2.5 bath soft contemporary home offers the perfect blend of comfort, character & spacious living! Built in 1973, the home features an inviting open floor plan filled w/natural light, gorgeous hardwoods & a welcoming atmosphere throughout. The formal living room is anchored by a beautiful fireplace & built-ins, creating an

  

  Paige Arnold

  Crye-Leike, Inc., REALTORS

  3121 Beechrun Dr, Memphis, TN 38128
• Explore Raleigh

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  $159,000

  $8K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,303 Sq Ft

  3681 Natalie Dr, Memphis, TN 38128

  Welcome to 3681 Natalie Dr., a beautifully maintained 3-bedroom, 2-bath home featuring a desirable split floor plan that offers both privacy and functionality. The bright and inviting living area flows seamlessly into a spacious kitchen with ample cabinet and counter space, making it perfect for everyday living and entertaining. Step outside to a generous backyard that's ideal for family

  

  Nicole Sykes

  The Home Partners Realty

  3681 Natalie Dr, Memphis, TN 38128
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  $320,000

  $10K PRICE DROP

  • 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

  3953 Otter Dr, Memphis, TN 38128
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  $193,000

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,800 Sq Ft

  3562 Monessen Dr, Memphis, TN 38128

  Attractive 4-bedroom, 2-bath updated home in an established neighborhood! This move-in-ready property features an updated kitchen with granite countertops and new cabinetry, stylish bathrooms with new tile, new flooring, and fresh interior and exterior paint throughout. Major improvements include a new roof and water heater, a newly added laundry room, and many additional updates throughout the

  

  Africa McCloy

  Crye-Leike, Inc., REALTORS

  3562 Monessen Dr, Memphis, TN 38128
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  /7

  $204,500

  • 5 Beds
  • 2.5 Baths
  • 1,754 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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  /13

  $99,000

  $29K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,485 Sq Ft

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134

  Perfect opportunity for a savvy buyer! Wonderfully located condo offered at a great price. This 3-bedroom, 2.5-bath home features a spacious and functional layout, including a breakfast bar, two separate den/living areas, and a cozy fireplace in the main living room. Enjoy outdoor living with a private, fenced patio, plus the convenience of covered parking for two vehicles. Additional highlights

  

  Kyle Couvion

  Reid, REALTORS

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134
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  /24

  $139,900

  $5K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,053 Sq Ft

  3580 Ramill Rd, Memphis, TN 38128

  Turnkey opportunity at 3580 Ramill Rd—ideal for both investors and owner-occupants. This well-maintained home features a functional layout, solid major systems, and minimal deferred maintenance, making for a low-hassle purchase. Investors will appreciate the strong rental potential and consistent demand in the area, while homebuyers will love the move-in ready condition and comfortable living

  

  Blake Clothier

  Premier Realty Group, LLC

  3580 Ramill Rd, Memphis, TN 38128
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  /21

  $66,000

  • Land
  • 3.77 Acres
  • $17,507 per Acre

  Lakehurst Dr, Memphis, TN 38128

  Discover the potential of this beautiful 3.77 acre wooded property located on Lakehurst Drive in the Forest Lake Neighborhood in Memphis, Tennessee. Featuring mature timber and a peaceful natural setting, this Shelby County property offers an excellent opportunity to build your dream home, create a private retreat, or invest in land with outstanding potential.Conveniently located just

  Payton Shinault Smalltown Hunting Properties & Real Estate

  Lakehurst Dr, Memphis, TN 38128
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  /2

  $119,900

  $9K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,159 Sq Ft

  3872 Windermere Rd, Memphis, TN 38128

  Tenant occupied. Do no disturb. Currently rented for $1150 month until February 2027. Can be shown with accepted offer.

  Joshua Hisaw Keller Williams

  3872 Windermere Rd, Memphis, TN 38128
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  /3

  $250,000

  • 6 Beds
  • 4 Baths
  • 3,323 Sq Ft

  3334 Fairbanks St, Memphis, TN 38128

  Spacious duplex investment opportunity in the Raleigh area featuring two units, each offering 3 bedrooms and 2 baths. Current scheduled monthly income is $2,600. Both units are tenant occupied — please do not disturb tenants. Great opportunity for investors looking to expand their portfolio with additional duplexes coming available soon in the area. Conveniently located near shopping, dining, and

  Debbie Nixon Crye-Leike, Inc., REALTORS

  3334 Fairbanks St, Memphis, TN 38128
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  $109,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,563 Sq Ft

  3837 Voltaire Ave, Memphis, TN 38128

  Welcome home to this charming 3-bedroom, 2-bathroom brick ranch in the established Nam Ni Estates of Raleigh. Spanning 1,554 sq. ft., this well-maintained residence features a traditional layout with a spacious den anchored by a cozy fireplace. The floor plan includes a formal living area and an eat-in kitchen, perfect for everyday living. Enjoy a large, level backyard situated on nearly a

  Carl Purifoy Trelora Realty

  3837 Voltaire Ave, Memphis, TN 38128
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  /3

  $114,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,540 Sq Ft

  3716 Naylor Dr, Memphis, TN 38128

  Calling all investors and renovators! This 3-bedroom, 2-bathroom home offers a great opportunity to bring your vision to life. Featuring a 1-car attached carport and a functional floor plan, this property is ready for updates and improvements to unlock its full potential. Whether you're looking for your next flip, rental investment, or renovation project, this home is full of possibilities.

  Vicki Testerman Mainstay Brokerage, LLC

  3716 Naylor Dr, Memphis, TN 38128
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  $200,000

  $60K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 3,400 Sq Ft

  4709 Stage Rd, Memphis, TN 38128

  Spacious 1-story home featuring 4 bedrooms, 3 bathrooms, and a 2-car attached carport with a functional layout designed for comfortable everyday living. The main living areas offer plenty of natural light and space for relaxing or entertaining, while the kitchen provides ample cabinet and counter space for meal preparation and gatherings. The primary suite includes a private bath, and the

  Vicki Testerman Mainstay Brokerage, LLC

  4709 Stage Rd, Memphis, TN 38128
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  /16

  $134,900

  • 3 Beds
  • 2 Baths
  • 1,076 Sq Ft

  3834 Windermere Rd, 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 wholesaler or assignment of contract offers will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3834 Windermere Rd, Memphis, TN 38128
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  $165,000

  $5K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,435 Sq Ft

  3929 Chelsea Hill Dr, Memphis, TN 38128

  Wonderful 3 bedroom 2 and a half bathroom home in very nice condition with a 2-car garage. Home has several new updates including: brand new roof (complete tear off & replacement), new interior and exterior paint, some new flooring, painted kitchen cabinets, exterior wood repair, brand new stove and new dishwasher, plus big backyard that is fully fenced (perfect for pets). Seller installed new

  Tyler Tapley Crye-Leike, Inc., REALTORS

  3929 Chelsea Hill Dr, Memphis, TN 38128
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  $625,000

  $25K PRICE DROP

  • 42 Beds
  • 20,956 Sq Ft

  4390 Kamali Ct, Memphis, TN 38128

  Complete Renovation and Value add Opportunity. As Is. Tucked away in 38128. This multi-family consists of 21 Town Home Style units with Two bedroom One and half bath Central Heat and Air set-up (no condensers), Stackable washer / dryer closets and connections, and water shut-off valve in each unit. Owner pays water, trash, and outside lights. 5 units are fully gutted. Property Being Sold As Is.

  Leslie Pickett BHHS Taliesyn Realty

  4390 Kamali Ct, Memphis, TN 38128
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  $170,000

  • 3 Beds
  • 2 Baths
  • 1,720 Sq Ft

  4395 Ann Arbor Ln, Memphis, TN 38128

  INVESTERS ONLY! Tenant occupied 3 bed 2 bath home. Rent is $1000/mo. Professionally managed. This is a great investment property to add to any portfolio. Lease and ledger available upon request. No Creative or Owner Financed Offers. No Wholesale or Assignment. No sign in the yard. Please do not disturb or approach the tenant. Seller also selling 599 Blackhawk, 4973 Longtree, and 80 E. Bodley (Can

  Tyler Tapley Crye-Leike, Inc., REALTORS

  4395 Ann Arbor Ln, Memphis, TN 38128
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  /23

  $220,000

  • 3 Beds
  • 2 Baths
  • 1,744 Sq Ft

  4169 Sable Dr, Memphis, TN 38128

  Welcome to 4169 Sable Dr! This spacious home offers classic charm, comfortable living spaces, and a large fully fenced backyard. Features include a covered front porch, two-car garage, expansive driveway, crown molding, hardwood and tile flooring, and plenty of natural light. The kitchen offers ample cabinetry, counter space, and stainless-steel appliances. The primary bedroom includes hardwood

  Justin Smith REMAX Experts

  4169 Sable Dr, Memphis, TN 38128
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  /2

  $119,500

  $6K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,168 Sq Ft

  4797 Northfield Cir, Memphis, TN 38128

  Terrific investment opportunity! Tenant occupied, currently rented for $1295/mo. Professionally managed. Home has been well maintained with some recent repairs and a good looking roof. Three bedroom, two bathroom with central heat and air and low maintenance vinyl siding. Conveniently located near schools, shopping and John F. Kennedy Park. Multiple properties for sale, can be bought in bulk or

  William Haynes Crye-Leike, Inc., REALTORS

  4797 Northfield Cir, Memphis, TN 38128
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  /20

  $349,000

  • 4 Beds
  • 2 Baths
  • 1,703 Sq Ft

  3630 Lehi Dr, Memphis, TN 38128

  Welcome home to this beautifully renovated property where nearly every detail has been thoughtfully updated. This move-in-ready home features a fully renovated kitchen, custom bathrooms, new flooring, elegant crown molding, and fresh paint inside and out. Enjoy peace of mind with major system upgrades, including a new roof, new windows, new HVAC condenser, updated plumbing, new electrical

  Justin Smith REMAX Experts

  3630 Lehi Dr, Memphis, TN 38128
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  $179,900

  $10K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,084 Sq Ft

  4709 Raleigh Lagrange Rd, Memphis, TN 38128

  Discover comfort in this spacious 4-bedroom, 2-bathroom home in the heart of Memphis. With 2,082 square feet of living space, this residence offers a functional layout perfect for any lifestyle. Enjoy generous room sizes and a welcoming atmosphere, along with easy access to Covington Pike, I-40, schools, and shopping.

  Carl Purifoy Trelora Realty

  4709 Raleigh Lagrange Rd, Memphis, TN 38128
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  $99,900

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,599 Sq Ft

  4178 Crain Rd, Memphis, TN 38128

  Great opportunity for investors or buyers. Split level home offers solid potential for renovation & future upside. Property is being sold as is. Proof of funds required with all offers. BUYER'S AGENT TO PAY A $200.00 OFFER MANAGEMENT FEE AT CLOSING OF ANY ACCEPTED OFFER.

  Courtney Read Vylla Home

  4178 Crain Rd, Memphis, TN 38128
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  $295,000

  $35K PRICE INCREASE

  • 3 Beds
  • 3 Baths
  • 2,457 Sq Ft

  3877 N Lakewood Dr, Memphis, TN 38128

  SERENE LOCATION NEAR THE LAKE. LARGE BEDROOMS...GREAT FOR ENTERTAINING....LARGE DECK HOUSE 33X44 ....IF FINISHED WOULD MAKE A GREAT MAN-CAVE...BATH NEEDS TO BE COMPLETED FOR 4TH BATH. ROOF LESS THAN 5 YEARS OLD SUPERIOR INSTALLATION IN ATTIC AND CRAWL SPACE VERY PRIVATE....GREAT NEIGHBORHOOD..... LARGE DECK!! CAN BE SHOWN AFTER 7/26/26

  Georgia Torrance Torrance Real Estate

  3877 N Lakewood Dr, Memphis, TN 38128
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  $79,900

  • 4 Beds
  • 1 Bath
  • 1,263 Sq Ft

  3608 Russelwood Dr, Memphis, TN 38128

  Investor special! This 4-bedroom home with a 1-car attached carport offers an opportunity for your next renovation project. Sold strictly as is, where is. Buyer is responsible for all repairs, inspections, permits, and any required improvements. Cash or hard-money only; no financed offers. Property will not qualify for conventional, FHA, or VA financing. Best suited for professional investors

  Adam Woodring Mainstay Brokerage, LLC

  3608 Russelwood Dr, Memphis, TN 38128
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  /19

  $215,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,622 Sq Ft

  4054 Stillwood Dr, Memphis, TN 38128

  Rare find! Completely renovated and move-in ready, this 3-bedroom, 2-bath home is absolutely stunning and offers modern updates with timeless appeal. Enjoy peace of mind with a brand-new roof and gutters, all new windows, updated plumbing and electrical, and all new flooring throughout. The kitchen is to die for with upgrades galore including new cabinets & granite countertops and new stainless

  Danielle Holland Reedy & Company, REALTORS

  4054 Stillwood Dr, Memphis, TN 38128
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  /19

  $170,000

  • 3 Beds
  • 2 Baths
  • 1,480 Sq Ft

  4801 Northfield Cir, Memphis, TN 38128

  Spacious and beautifully maintained home located in the desirable Northfield neighborhood. This inviting property at 4801 Northfield Cir offers a functional layout with generous living spaces, abundant natural light, and thoughtful updates throughout. The kitchen features ample cabinetry and workspace, flowing seamlessly into the main living and dining areas—perfect for everyday living and

  Michael Nix eXp Realty, LLC

  4801 Northfield Cir, Memphis, TN 38128
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  /17

  $66,000

  • Land
  • 3.77 Acres
  • $17,507 per Acre

  00 Lakehurst Drive Dr, Memphis, TN 38128

  DISCOVER THE POTENTIAL OF THIS BEAUTIFUL 3.77± ACRE WOODED PROPERTY LOCATED ON LAKEHURST DRIVE IN THE FOREST LAKE NEIGHBORHOOD IN MEMPHIS, TENNESSEE. Featuring mature timber and a peaceful natural setting, this Shelby County property offers an excellent opportunity to build your dream home, create a private retreat, or invest in land with outstanding potential. Conveniently located just feet from

  Payton Shinault Small Town Hunting Properties

  00 Lakehurst Drive Dr, Memphis, TN 38128
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  $95,000

  $14K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3696 Parfet Cove, Memphis, TN 38128

  ATTENTION INVESTORS! This tenant-occupied rental offers an opportunity to add another income-producing property to your portfolio. This 3-bedroom, 1-bath single-family home is currently generating $955/ month in rental income, with the current lease running through 02/28/2027. An opportunity to purchase an income-producing property with a tenant already in place. Please do not disturb the tenant.

  James Wachob Foundation Property Management

  3696 Parfet Cove, Memphis, TN 38128
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  /13

  $210,000

  • 3 Beds
  • 2 Baths
  • 1,934 Sq Ft

  5355 Rock Ridge Rd S, Memphis, TN 38134

  Add this one to your Investment Portfolio! Great Home, Great Area!! 3 Bedrooms, 2 Full Baths with a Bonus Room. All Hardwood & Tile. This home is Occupied by a Tenant and An Accepted Contract will be needed to Schedule a Showing.

  Sheila Ridgway 901, REALTORS

  5355 Rock Ridge Rd S, Memphis, TN 38134
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  /19

  $64,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,142 Sq Ft

  3700 Ridgemont Rd, Memphis, TN 38128

  Step into this charming 1-story home featuring 3 bedrooms and a 1-car detached garage, ideally situated on a cul-de-sac. The functional floor plan offers comfortable living spaces with plenty of natural light and flexibility for everyday living. The cul-de-sac location provides added privacy and reduced traffic, making it a great place to enjoy the outdoors. With its inviting layout and excellent

  Adam Woodring Mainstay Brokerage, LLC

  3700 Ridgemont Rd, Memphis, TN 38128
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  /12

  $155,900

  • 3 Beds
  • 1.5 Baths
  • 1,830 Sq Ft

  2624 Courtney Dr, Memphis, TN 38128

  This 3-bedroom, 2.5 bath home features a functional layout with functional living space throughout. Enjoy a large bonus bedroom on the lower level with a separate bathroom and standup shower. With solid bones and room for updates, this home offers a great opportunity to add value and make it your own. Conveniently located near schools, shopping, and major roadways for easy access. Property is

  Makayla Metcalf-Martin Keller Williams

  2624 Courtney Dr, Memphis, TN 38128
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  /15

  $237,405

  $12K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 2,505 Sq Ft

  4795 Rolling Meadows Dr, Memphis, TN 38128

  Come and See this Very Spacious 3 Bedroom/2Full Bath + 1 Half Bath Home with Large Bonus Room & Large Closets and Lots of Storage! Featuring a Cozy Fireplace with Plenty of Room to Relax, Grow and Entertain. Step into the Fully Fenced Backyard with Lots of Room for Outdoor Living & Gardening. Roof, HVAC, Furnace, HWH All New installed 2018 This home is Tenant Occupied.

  Sheila Ridgway 901, REALTORS

  4795 Rolling Meadows Dr, Memphis, TN 38128
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  $1,125,000

  $125K PRICE DROP

  • Land
  • 46.76 Acres
  • $24,059 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 CCIM Braden, Braden & Braden LLC

  4087 Singleton Pkwy, Memphis, TN 38128
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  /2

  $94,500

  • 3 Beds
  • 2.5 Baths
  • 1,366 Sq Ft

  5523 Quail Thicket Dr, Memphis, TN 38134

  Turnkey investment opportunity! This tenant-occupied 3-bedroom, 2.5-bath townhome is currently generating $1,200 per month in rental income, offering immediate cash flow for investors. Located in the established Quail Run Townhomes community, this approximately 1,365-square-foot home features a spacious two-story floor plan, a fireplace, covered parking, and a private fenced patio.

  Tanika Bland BEST Real Estate Company

  5523 Quail Thicket Dr, Memphis, TN 38134
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  $154,900

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,682 Sq Ft

  3091 Coleman Rd, Memphis, TN 38128

  Price Improvement! Tenant's Rights, do not disturb tenant. No showings without an accepted offer. Located on the edge of Raleigh and Bartlett, this 4 bedroom, 2 bathroom home is currently rented at $1495 per month through the Section 8 program. The home has a great layout with a split bedroom plan, a breakfast nook off of the kitchen, and a covered patio in the backyard, perfect for entertaining!

  Aaron Ivey eXp Realty

  3091 Coleman Rd, Memphis, TN 38128
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  $275,900

  $4K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 2,765 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!

  Cal Aycock KAIZEN Realty, LLC

  3217 Joslyn St, Memphis, TN 38128
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  /2

  $1,100,000

  $100K PRICE DROP

  • Land
  • 11.55 Acres
  • $95,238 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 CCIM Braden, Braden & Braden LLC

  0 Stage Rd Unit 10201799, Memphis, TN 38128
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  /2

  $74,900

  • 3 Beds
  • 1.5 Baths
  • 1,260 Sq Ft

  3599 Ramill Rd, Memphis, TN 38128

  Bring your vision & creativity to this charming home in a mature neighborhood for a great fix & flip or portfolio add! Property is being sold "AS-IS" and can be updated to your liking. This home has a solid structure and layout and is conveniently located near shopping and schools. Cash or conventional only. Will not go FHA. Don't miss out on this exciting opportunity! Contact Listing Agent for

  Taneisha Lomax C21 Patterson & Assoc. Real Es

  3599 Ramill Rd, Memphis, TN 38128
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  /9

  $75,000

  New Construction

  • 3 Beds
  • 2 Baths
  • 1,900 Sq Ft

  3485 Felton Rd, Memphis, TN 38128

  ATTEMPTED NEW CONSTRUCTION FROM 2022. Property is vacant. Unfinished new construction. The slab, frame and studs was complete. NO PLUMBING, NO ELECTRICAL OR WIRING HAS BEEN DONE. No floor plans are available.

  Sonja Hester Progressive Realty Services

  3485 Felton Rd, Memphis, TN 38128
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  /40

  $230,000

  Open Sun 1PM - 3PM

  • 3 Beds
  • 2 Baths
  • 1,541 Sq Ft

  5698 Sycamore Woods Dr, Memphis, TN 38134

  Welcome home to this updated 3-bedroom, 2-bath home in a quiet, established neighborhood! Conveniently located near shopping, dining, schools, and major roadways, this home offers comfort and convenience. The spacious great room features a cozy fireplace, perfect for relaxing or entertaining. The kitchen offers ample cabinet storage and opens to the living area for easy everyday living. Dining

  Robyn Evans Epique Realty

  5698 Sycamore Woods Dr, Memphis, TN 38134

Showing Results 1 - 40, Page 1 of 4

Why Live in Raleigh

Raleigh is a growing community on the northeast side of Memphis, just inside the city limits. Many of its ranch-style homes are move-in ready, while its fixer-uppers are popular with investors. Downtown Memphis is about 13 miles away, but nearby Interstate 40 helps with the commute, and Memphis Area Transit Authority buses run on nearby main roads. Area employers include Nike and Amazon distribution centers. Austin Peay Highway has plenty of shopping centers as well as regional fast-food chains and local favorites like Donut Man. Grocery stores include Aldi and Save-A-Lot. The Memphis-Shelby County School District serves the community through Egypt Elementary School, Raleigh-Egypt Middle School and Raleigh-Egypt High School. Harry C. Pierotti Park offers tennis and basketball courts, a playground and the Raleigh Community Center, which features an outdoor pool. The Raleigh Springs Civic Center has a pond and a skate park. Outdoor activities extend to the Wolf River Greenway, popular for biking and jogging.

Learn more about living in Raleigh

Raleigh, Memphis, TN Home Prices vs. Nearby Neighborhoods

	Raleigh	Berclair	Douglass	Hyde Park
Median Home Price	$159,900	$150,000	$120,000	$125,000
Median Sale Price	$150,000 -9% YoY	$133,665 +3% YoY	$112,750 +20% YoY	$87,500 +46% YoY
Median Single Family Price	$150,000	$149,000	$125,000	$105,000
Total Active Listings	104 listings	114 listings	69 listings	47 listings
Market Conditions	5 Months of Supply Balanced Market	7 Months of Supply Buyer's Market	17 Months of Supply Buyer's Market	8 Months of Supply Buyer's Market

Frequently Asked Questions

Is Raleigh a good place to live?

Raleigh is a good place to live. Raleigh is considered car-dependent and somewhat bikeable with some transit options. Raleigh is a suburban neighborhood. Raleigh has 5 parks for recreational activities.It is fairly 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 63% of residents renting and 37% 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 $159,900. If you put a 20% down payment of $32,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $35K 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 19:1 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 3.5.
• Wells Station 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 8:1 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.