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Raleigh Townhomes for Sale

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  • /38

    $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
  • /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

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.

Home Trends in Raleigh, TN

Housing Trends

Median Sale Price
$161,250
Median Single Family Sale Price
$168,000
Median Townhouse Sale Price
$196,200
Median 2 Bedroom Sale Price
$95,000
Average Price Per Sq Ft
$107
Number of Homes for Sale
67
Last 12 months Home Sales
200
Months of Supply
4.00
Median List Price
$172,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
11%
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