Raleigh Homes for Sale

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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
• Explore Raleigh

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  $299,900

  Open Sun 2PM - 4PM

  • 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
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  $240,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,988 Sq Ft

  3719 Battlefield Cove, Memphis, TN 38128

  Welcome to this beautifully refreshed 4-bedroom, 2-bathroom single-family home (approx. 1,988–2,000 sq ft), built in 1974 and situated on a spacious lot in a convenient Memphis location. Step inside to find a completely modernized interior featuring brand new flooring throughout, fresh interior paint in neutral tones, and updated light fixtures and door handles that add a contemporary touch. The

  

  Daniel Johnson

  SimpliHOM

  3719 Battlefield Cove, 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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  $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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  /13

  $109,900

  $18K 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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  $178,000

  New Construction

  • 4 Beds
  • 2 Baths
  • 1,360 Sq Ft

  3703 Parfet Cove, Memphis, TN 38128

  Seller offering Rate Buy Down to Buyers and a 1 year everything warranty!! Why buy someone else's problems when you can have everything new? This home is in the finishing stages of construction. Projected to be completed July 31st! Pick your paint colors and selections now! Reserve the lot today with a small deposit. Images are of another home with the same floorplan. Home will look very similar

  

  Alissa Anderson

  KAIZEN Realty, LLC

  3703 Parfet Cove, Memphis, TN 38128
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  $145,000

  • 3 Beds
  • 2 Baths
  • 1,500 Sq Ft

  3764 Hanna Dr, Memphis, TN 38128

  Welcome to this charming 3-bedroom, 2-bathroom brick ranch offering 1,500 square feet of comfortable single-level living. Inside, you'll find rich wood-look flooring throughout the main living areas, complemented by crown molding and chair rail detailing that add a polished touch. The kitchen offers plenty of white cabinetry and ample counter space, perfect for everyday cooking. Both bathrooms

  Ryan Harrell Premier Realty Group, LLC

  3764 Hanna Dr, Memphis, TN 38128
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  /2

  $129,000

  • 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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  $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

  Tiffany Jones Trelora Realty

  3837 Voltaire Ave, Memphis, TN 38128
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  $114,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,941 Sq Ft

  3398 Scenic Terrace, Memphis, TN 38128

  Constructed in 1955, this 1,941 sqft single-story residence features a classic brick veneer exterior situated on a spacious 0.403-acre lot. The interior floor plan includes 3 bedrooms and 2 bathrooms, highlighted by original hardwood flooring throughout. The functional layout offers expansive living spaces and traditional features, providing a blend of mid-century charm and utility. Year-round

  Tiffany Jones Trelora Realty

  3398 Scenic Terrace, Memphis, TN 38128
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  $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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  $650,000

  • 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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  $268,500

  $17K PRICE DROP

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

  1970 Adney Gap Dr, Memphis, TN 38134

  REDUCED BY $11,500 since original listing! NEW WOODEN FENCE ADDED! VERY MOTIVATED SELLER, BRING ALL OFFERS! Ask about the $7500 forgivable Grant being offered in this area! 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

  Henry Valle-Castillo BHHS Taliesyn Realty

  1970 Adney Gap Dr, Memphis, TN 38134
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  $119,999

  • 3 Beds
  • 1.5 Baths
  • 1,357 Sq Ft

  4090 Longhollow Dr, Memphis, TN 38128

  THIS GEM NESTLED IN TWIN LAKES SUBDIVISION IS A GREAT OPPORTUNITY FOR A INVESTOR LOOKING FOR THEIR NEXT FLIP OR A OWNER OCCUPANT SEEKING A DIAMOND TO POLLISH AND CALL IT HOME. AS IS SALE. THIS PROPERTY WILL NOT GO FHA. NO WHOLESALERS, NO CREATIVE FINANCNG, NO BLIND OFFERS, AND NO ASSIGNMENTS. SELLER IS CLOSING WITH HOME SURETY AND THEY WILL HOLD EARNEST MONEY. USE DISCLOSURES INCLUDED. EMAIL

  Fredrick Cunningham Keller Williams

  4090 Longhollow Dr, Memphis, TN 38128
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  /19

  $190,000

  • 3 Beds
  • 2 Baths
  • 2,132 Sq Ft

  2973 Windermere Rd, Memphis, TN 38128

  Welcome home to this beautiful Memphis home situated on over two acres of shaded land! Make this your final stop and discover three spacious bedrooms and two full baths. Enjoy stunning hardwood floors, abundant natural light, and a beautiful eat-in kitchen with a breakfast bar. This home also features a large laundry room, smooth ceilings in select rooms, a cozy wood-burning fireplace, built-ins,

  Anna Palazola Crye-Leike, Inc., REALTORS

  2973 Windermere Rd, 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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  $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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  $84,900

  • 3 Beds
  • 1 Bath
  • 930 Sq Ft

  3749 Wolf Trail Dr, Memphis, TN 38128

  Welcome to this charming property tucked away on Wolf Trail Dr in Memphis. This well-maintained residence offers a comfortable single-story layout with spacious living areas, natural light, and practical functionality throughout. The cozy kitchen provides ample cabinet space and flows easily into the dining area, making everyday living and entertaining convenient. Generously sized bedrooms offer

  Alexis Martz Trelora Realty

  3749 Wolf Trail 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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  $104,900

  $15K 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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  /19

  $218,400

  $12K 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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  $295,000

  • 5 Beds
  • 2.5 Baths
  • 2,984 Sq Ft

  4653 Clear Water Dr, Memphis, TN 38128

  Charming 5BR/2.5BA home nestled among mature trees in an established neighborhood with a picturesque community lake. Offering plenty of space and storage, this home features multiple walk-in closets, extensive attic storage, a 2-car attached garage, and a detached workshop with electricity. Gorgeous peg hardwood floors add warmth and character to the Living Room, Dining Room, Office, and Primary

  Michelle Creamer Groome & Co.

  4653 Clear Water Dr, Memphis, TN 38128
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  $84,900

  • 3 Beds
  • 2 Baths
  • 1,225 Sq Ft

  3795 Black Forest Dr, Memphis, TN 38128

  This residential home has 3 bedrooms, 2 baths and is located in a quiet and established suburban neighborhood in Memphis. Home has approximately 1225 sq ft, nice back yard. The area offers convenient access to nearby schools, grocery stores, parks, and major roadways, making daily errands and commuting simple and efficient.

  Alexis Martz Trelora Realty

  3795 Black Forest Dr, Memphis, TN 38128
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  $109,150

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3696 Parfet Cove, Memphis, TN 38128

  Currently leased at $955 per month through 02/28/2027. Investor opportunity featuring a well-maintained 3-bedroom, 1-bath home with a functional single-level layout. This property offers a low-maintenance design, separate dining area, central heat and air, and a traditional floor plan that supports everyday living. The home appears to be in solid condition with good curb appeal and a clean,

  James Wachob Foundation Property Management

  3696 Parfet Cove, Memphis, TN 38128
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  $132,900

  • 3 Beds
  • 2 Baths
  • 1,768 Sq Ft

  4232 Bacon St, Memphis, TN 38128

  Don't miss this opportunity to grab a cash-flowing investment property located in Raleigh near tons of jobs and commerce. This property has over 1700 sq ft so it will stay in demand with the tenant base. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  4232 Bacon St, 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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  /15

  $249,900

  • 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. An Accepted Contract will

  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 Braden, Braden & Braden LLC

  4087 Singleton Pkwy, 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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  $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 Braden, Braden & Braden LLC

  0 Stage Rd Unit 10201799, Memphis, TN 38128
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  $135,000

  $15K PRICE DROP

  • Land
  • 1.26 Acres
  • $107,143 per Acre

  5105 Pleasant View Rd, Memphis, TN 38134

  Terrance Hill eXp Realty, LLC

  5105 Pleasant View Rd, Memphis, TN 38134
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  $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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  /23

  $99,900

  • 3 Beds
  • 2 Baths
  • 1,110 Sq Ft

  3921 Raleigh Millington Rd, Memphis, TN 38128

  Welcome to 3921 Raleigh Millington Road, a property offering space, convenience, and potential in a well-established Memphis location. This home features a functional layout with comfortable living areas designed for everyday living and entertaining. Natural light fills the interior, creating a bright and inviting atmosphere throughout. The kitchen provides ample room for meal preparation and

  Alexis Martz Trelora Realty

  3921 Raleigh Millington Rd, Memphis, TN 38128
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  $94,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,293 Sq Ft

  3929 Pippin St, Memphis, TN 38128

  Charming 3-bedroom, 2-bathroom ranch in the established Raleigh Farms community. This move-in-ready brick home features a functional 1,293 sq. ft. floor plan, including a spacious primary suite with a private en-suite bath. Highlights include central heating and cooling, a durable composition roof, and an attached garage. Situated on a manageable 0.21-acre lot, the property is conveniently

  Tiffany Jones Trelora Realty

  3929 Pippin St, Memphis, TN 38128
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  /2

  $275,000

  $45K PRICE DROP

  • Land
  • 15,681 Sq Ft
  • $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
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  /17

  $245,000

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,173 Sq Ft

  3079 McGee Cove, Memphis, TN 38128

  4 Bedrooms. 2 Bathrooms Located on a cove, this home offers space and flexibility with an additional room that works well as an office or bonus space. The layout gives you room to live comfortably, while the workshop/storage area with electricity off the carport adds extra function. Conveniently positioned near everything you need. Virtually Staged.

  Tina Black Assured Real Estate Services

  3079 McGee Cove, 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

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 Home Prices vs. Nearby Memphis, TN Neighborhoods

	Raleigh	Berclair	Hickory Hill	Fox Meadows
Median Home Price	$159,900	$149,900	$195,000	$197,700
Median Sale Price	$150,500 -9% YoY	$138,000 +6% YoY	$185,750 +7% YoY	$200,000 +11% YoY
Median Single Family Price	$150,000	$145,750	$190,000	$212,500
Median Townhouse Price	$87,250	$185,000	$123,800	--
Median Condo Price	$100,000	$77,900	$155,950	$44,500
Total Active Listings	106	107	49	6
Market Conditions	6 Months of Supply Balanced Market	6 Months of Supply Buyer's Market	3 Months of Supply Seller's Market	1 Months of Supply Seller'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 6.49%, your estimated principal and interest payment would be $810 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 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 3.5.
• 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 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.

Are home prices dropping in Raleigh?

Yes, home prices in Raleigh are down 2% in the last 12 months.