Raleigh Homes for Sale

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  /39

  $379,000

  Open Sat 12PM - 2PM $10K PRICE DROP

  • 5 Beds
  • 4 Baths
  • 4,316 Sq Ft

  3894 N Lakewood Dr, Memphis, TN 38128

  Over 4,000 sqft featuring 5 bedrooms, 4 baths, and an inground pool! Conveniently located near shopping, dining, and the expressway. Spacious layout with endless possibilities for entertaining and everyday living. You have to see this one to believe it!

  

  Nicole Sykes

  The Home Partners Realty

  (901) 657-3220

  3894 N Lakewood Dr, Memphis, TN 38128
• Explore Raleigh

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  /40

  $329,500

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

  3953 Otter Dr, Memphis, TN 38128

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

  

  Tara Woodley

  Zach Taylor Real Estate

  (901) 621-4374

  3953 Otter Dr, Memphis, TN 38128
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  /29

  $239,901

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

  4309 Beechcliff Ln, Memphis, TN 38128

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

  

  Pablo Pereyra

  901, REALTORS

  (901) 675-0722

  4309 Beechcliff Ln, Memphis, TN 38128
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  /40

  $299,900

  • 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

  (901) 699-4045

  3121 Beechrun Dr, Memphis, TN 38128
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  /6

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,001 Sq Ft

  4154 Hobson Rd, Memphis, TN 38128

  Don't miss this FULLY RENOVATED Starter home. Offers 3 BR - 1 BTH, open LR/DR, combination. NEW EVERTHING from TOP to BOTTOM. CALL TODAY!!

  

  Gerald Williams

  KAIZEN Realty, LLC

  (901) 716-9436

  4154 Hobson Rd, Memphis, TN 38128
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  /6

  $128,000

  • 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

  (901) 295-3974

  5573 Pleasant View Rd Unit 35, Memphis, TN 38134
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  /34

  $250,000

  • 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

  (901) 673-9328

  3719 Battlefield Cove, Memphis, TN 38128
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  /2

  $140,000

  $10K PRICE DROP

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

  4401 Guildhall Dr, Memphis, TN 38128

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

  

  Jordan Ray

  eXp Realty, LLC

  (901) 621-4169

  4401 Guildhall Dr, Memphis, TN 38128
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  /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

  (901) 673-3471

  4709 Old Raleigh Millington Rd, Memphis, TN 38128
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  /24

  $145,000

  • 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

  (901) 657-2137

  3580 Ramill Rd, Memphis, TN 38128
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  /23

  $160,000

  • 3 Beds
  • 2 Baths
  • 1,205 Sq Ft

  4575 Buffer Dr, Memphis, TN 38128

  Welcome home. This cozy 3 bed, 2 bath home is an awesome investment property The living room features high vaulted ceilings with a fireplace as the center piece, and has access to the covered patio. It features central heating and air, plus ceiling fans in each room, LVP flooring throughout, updated bathrooms, a pantry in the kitchen, a breakfast bar, and a nice sized shed in the fenced in back

  

  Haydn Wiseman

  Cahltrep Realty, LLC

  (901) 660-9808

  4575 Buffer Dr, Memphis, TN 38128
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  /8

  $215,500

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,313 Sq Ft

  2034 Olive Bark Dr, Memphis, TN 38134

  Peace of mind starts with the big-ticket updates at 2034 Olive Bark Dr, including a 4-year-old HVAC system and 4-year-old water heater already in place! This one-level 3-bedroom, 2-bath home offers a functional layout with high ceilings, modern wood laminate flooring in the great room, and an easy flow between the kitchen, dining, and living spaces. The primary suite features dual sinks, soaking

  

  Kim Golden

  Mint Realty Group

  (901) 694-7466

  2034 Olive Bark Dr, Memphis, TN 38134
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  /26

  $155,000

  • 3 Beds
  • 1.5 Baths
  • 1,056 Sq Ft

  4193 Riche Rd, Memphis, TN 38128

  This inviting 3-bedroom, 1.5-bathroom residence offers comfortable living in a quiet, low-traffic neighborhood. Beautiful hardwood floors flow throughout the home, complementing the spacious living room, formal dining room, and eat-in kitchen. The kitchen and full bathroom have been refreshed with new LVT flooring, cabinets, and countertops for a modern, low-maintenance feel. Enjoy a newer roof

  

  Daniel Johnson

  SimpliHOM

  (901) 668-8460

  4193 Riche Rd, Memphis, TN 38128
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  /7

  $35,000

  • Land
  • 4 Acres
  • $8,750 per Acre

  0 Allen Rd Unit 25070182, Memphis, TN 38128

  4 Acres of raw unimproved land in Frayser. Currently Zoned residential. It would make a great property to build some rental properties or new homes. The seller is very interested in selling this property so please consider all reasonable offers.Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed

  Jeremy Ryan Crye-Leike, Inc., REALTORS

  0 Allen Rd Unit 25070182, Memphis, TN 38128
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  /21

  $175,000

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,684 Sq Ft

  4326 Ann Arbor Ln, Memphis, TN 38128

  Tucked away in a quiet neighborhood, this charming brick home offers 3 bedrooms and 2 full baths with plenty of space to enjoy. The home features a single-car carport and a large backyard complete with an open patio and storage shed—perfect for relaxing or entertaining. Inside, you'll find a welcoming living room and dining room just off the entry. The spacious kitchen offers ample cabinet and

  Adrian Adair-Boyland REMAX Experts

  4326 Ann Arbor Ln, Memphis, TN 38128
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  /3

  $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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  /11

  $215,000

  • 3 Beds
  • 2 Baths
  • 1,881 Sq Ft

  4742 Rolling Meadows Dr, Memphis, TN 38128

  This is a beautiful brick home with three spacious bedrooms and two full baths. This home has a lovely living room with fireplace and a large kitchen with lots of cabinets for storage space. This property is equipped with central heating and cooling, an attached two car garage, and a huge backyard for family fun and entertainment. Earnest money to be held by Excel Title and Escrow.

  Wonda McGowan McGowan Homes & R/E Services

  4742 Rolling Meadows Dr, Memphis, TN 38128
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  /27

  $189,900

  • 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.

  Tiffany Jones Trelora Realty

  4709 Raleigh Lagrange Rd, Memphis, TN 38128
• 

  

  /19

  $229,900

  • 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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  /28

  $157,000

  Open Sun 12PM - 2PM $10K PRICE DROP

  • 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. This beautiful home is available exclusively to low-to-moderate income

  Nyssa Kizer Regency Realty, LLC

  3681 Natalie Dr, Memphis, TN 38128
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  /13

  $152,050

  $3K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,321 Sq Ft

  3873 Dante Ave, Memphis, TN 38128

  Move-in ready investment or owner-occupant opportunity! Currently tenant occupied with Section 8 income at $1,350/month but could potentially be owner-occupied in the future. No major repairs needed. FHA, VA & conventional financing considered. Features flexible living space, strong rental history & convenient Memphis location near shopping, schools & major roads. Great cash flow potential for

  Glenn McDonald Integrated Assets

  3873 Dante Ave, Memphis, TN 38128
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  /11

  $146,550

  • 3 Beds
  • 1.5 Baths
  • 1,297 Sq Ft

  4467 Mayo Ave, Memphis, TN 38128

  Charming 3BR/2BA brick home on a spacious 0.38-acre lot in Raleigh. Features include hardwood floors, a formal living room, cozy den, and a functional kitchen/dining layout. Enjoy a 2-car attached garage, central HVAC, and a large backyard with endless potential. A solid, well-kept home in an established neighborhood—perfect for buyers or investors.

  LaTonya Hammond Lawrence Johnson, REALTORS

  4467 Mayo Ave, Memphis, TN 38128
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  /20

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,320 Sq Ft

  4235 Trudy St, Memphis, TN 38128

  Beautiful house 3 bedrooms 1bath ~ Roof 2.5 years ~ HVAC 2 years ~ Open concept ~ Freshly painted ~ New floors ~ Big back yard with storage~ Come see this house today!

  Itzel Sanchez Bustamante Keller Williams

  4235 Trudy St, Memphis, TN 38128
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  /2

  $149,900

  • 4 Beds
  • 2 Baths
  • 2,203 Sq Ft

  4060 Tessland Rd, Memphis, TN 38128

  A fantastic opportunity to add an income producing property to your portfolio. Property is leased for $1495/mo until 4/2/27. No showings until accepted offer. DO NOT DISTURB TENANT.

  Farris Ibrahim Renshaw Company, REALTORS

  4060 Tessland Rd, Memphis, TN 38128
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  /34

  $164,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,812 Sq Ft

  3697 Lakehurst Dr, Memphis, TN 38128

  Welcome home to this delightful 3-bedroom, 1.5-bath home featuring an oversized two-car garage! The kitchen comes complete with a refrigerator and stove/oven combination, plus a cozy breakfast nook for casual dining. Enjoy the expansive bonus room at the back of the house—perfect for a family room, home office, or play area. Step outside to a charming sitting area and a spacious yard, ideal for

  Christopher Stjernholm Trelora Realty

  3697 Lakehurst Dr, Memphis, TN 38128
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  /35

  $147,900

  $32K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,042 Sq Ft

  3641 Raleigh Millington Rd, Memphis, TN 38128

  Investor special or great opportunity for a buyer ready to renovate! Home offers approx. 2,042 sq ft with a solid layout, including 3 bedrooms and 2 bathrooms. Property does need updates. Ideal for cash or conventional buyers. Strong rental or resale potential in a convenient location near Walmart Supercenter, Kroger, daycare options like KinderCare Learning Center, and medical services including

  Gabriell Thomas BHHS McLemore & Co., Realty

  3641 Raleigh Millington Rd, 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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  /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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  /34

  $119,900

  • 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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  /33

  $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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  /7

  $650,000

  • 42 Beds
  • 20,956 Sq Ft

  4390 Kamali Ct, Memphis, TN 38128

  Renovation and Value add Opportunity. This 38128 multi-family consists of 21 town home style units. Each unit is 2 bedrooms and 1 1/2 bath with 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. ARV in 2024 of 1.16m.

  Leslie Pickett BHHS Taliesyn Realty

  4390 Kamali Ct, Memphis, TN 38128
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  /31

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,451 Sq Ft

  3558 Northmoor Ave, Memphis, TN 38128

  Spacious 3-bed, 1-bath ranch on a massive 0.37-acre level lot. Features 1,452 sq. ft. of functional living space in a quiet North Memphis setting. Excellent location near Raleigh Springs Marketplace with quick highway access. Great opportunity for investors or first-time buyers seeking a solid home with plenty of outdoor space.

  Alexis Martz Trelora Realty

  3558 Northmoor Ave, Memphis, TN 38128
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  /17

  $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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  /2

  $125,000

  • 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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  /21

  $65,000

  Pre-Foreclosure

  • 3 Beds
  • 1 Bath
  • 1,160 Sq Ft

  3704 Ridgemont Rd, Memphis, TN 38128

  Great investment opportunity, needs rehab!

  Amanda Kirkman KAIZEN Realty, LLC

  3704 Ridgemont Rd, Memphis, TN 38128
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  /8

  $119,900

  • 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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  /35

  $109,900

  • 3 Beds
  • 2 Baths
  • 1,108 Sq Ft

  3944 Timberwood Dr, Memphis, TN 38128

  Charming 3-bedroom, 2-bath ranch home offering comfortable one-level living and a warm, inviting atmosphere. This well-maintained home features a functional layout with spacious living areas, cozy bedrooms, and plenty of natural light throughout. The kitchen offers ample cabinet and counter space, making everyday living and entertaining easy. Step outside to enjoy the beautifully fenced backyard

  Tiffany Jones Trelora Realty

  3944 Timberwood Dr, Memphis, TN 38128
• 

  

  /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
• 

  /2

  $109,150

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3696 Parfet Cove, Memphis, TN 38128

  ATTENTION INVESTORS! Welcome to 3696 Parfet Cove! A strong investment opportunity generating an estimated monthly cash flow of $108.90 with a projected 3.87% cash-on-cash return. This charming 3-bedroom, 1-bathroom home presents a solid investment opportunity. Located on a quiet cove, the property features a functional layout, low-maintenance design, and strong rental appeal. With a stable tenant

  James Wachob Foundation Property Management

  3696 Parfet Cove, Memphis, TN 38128
• 

  

  /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

Showing Results 1 - 40, Page 1 of 3

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

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 sparse in population with 3.0 people per acre and a median age of 33. The average household income is $58,386 which is below the national average. College graduates make up 14% of residents. A majority of residents in Raleigh are renters, with 62.5% of residents renting and 37.5% of residents owning their home. A local real estate agent serving Raleigh can help you decide if this neighborhood is the right one for you. Learn more on our Raleigh neighborhood guide.

Is Raleigh, TN a safe neighborhood?

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

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

The median home price in Raleigh is $164,900. If you put a 20% down payment of $33,000 and had a 30-year fixed mortgage with an interest rate of 6.53%, your estimated principal and interest payment would be $840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $36K a year to afford the median home price in Raleigh. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Raleigh is $58K.

What are the best public schools in Raleigh?

The best public schools that serve Raleigh are:

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

What are the best private schools in Raleigh?

The best private schools that serve Raleigh are:

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

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

The most popular zip codes in Raleigh, Memphis, TN include 38128, 38134, 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 52 days on the market compared to the national average of 58 days. The median sale price for homes in Raleigh, Memphis over the last 12 months is $159,000, down 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$159,000

Median Single Family Sale Price

$158,000

Median Townhouse Sale Price

$87,250

Median 2 Bedroom Sale Price

$80,250

Average Price Per Sq Ft

$102

Number of Homes for Sale

100

Last 12 months Home Sales

232

Months of Supply

5.20

Median List Price

$164,900

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

-5%