Raleigh Houses for Sale

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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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  Explore Raleigh

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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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  /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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  /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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  /37

  $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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  /36

  $285,000

  • 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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  /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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  /26

  $175,000

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

  3485 Panbrook Cove, Memphis, TN 38128

  Beautiful 3 Bedroom 1 1/2 Bath brick home has been so well maintained. It has new wood laminate floors, fresh paint and the Heat and Air is less than a year old. Attached double carport and nice fenced back yard. Convenient kitchen opens to the breakfast room and den. Fireplace has a raised hearth. New energy efficient double pane windows! Located on the corner of a quiet cove, Close to

  Pat Goldstein Crye-Leike, Inc., REALTORS

  3485 Panbrook Cove, Memphis, TN 38128
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  /16

  $249,000

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

  5577 Falling Bark Dr, Memphis, TN 38134

  Welcome to your new home! 1700+ sq ft. This two-story 3-bedroom, 2.5 bath residence also features a versatile large Bonus Room that's perfect for a media room or play area. The Primary bedroom is conveniently located on the main floor. 2 bedrooms and the bonus room are upstairs. The primary bedroom boasts an en-suite bath complete with a separate spa tub and shower for your relaxation. With an

  Jessica Walls KAIZEN Realty, LLC

  5577 Falling Bark Dr, Memphis, TN 38134
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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

  $185,000

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

  3675 Naylor Dr, Memphis, TN 38128

  Cute move in ready 3 bedroom home & home qualifies for a $10,000 down payment assistance grant! You will love the new flooring, fresh paint, new kitchen cabinets, amazing tile work, new HVAC, and large fenced back yard! Located off of Austin Peay & Yale, this home is convenient to the new Raleigh Civic center featuring the public library, skate park, walking trail, & pond. Great quiet location.

  Jan Jones Groome & Co.

  3675 Naylor Dr, Memphis, TN 38128
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  /9

  $228,000

  • 5 Beds
  • 3.5 Baths
  • 3,000+ Sq Ft

  4626 St Elmo Ave, Memphis, TN 38128

  Spacious 5-Bedroom, 3.5-Bathroom Home with Large Backyard This expansive home offers over 3,000 square feet of living space, featuring 5 bedrooms and 3.5 bathrooms. The property includes a generous backyard filled with mature trees, a storage shed, and a back deck—ideal for entertaining or relaxing outdoors. With some TLC, this home has the potential to truly shine and become something special.

  Robert Salmons Entera Realty

  4626 St Elmo Ave, 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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  /2

  $184,200

  • 4 Beds
  • 2 Baths
  • 2,000+ Sq Ft

  5509 Rappahannock Dr, Memphis, TN 38134

  Here is an attractive opportunity to buy a four bedroom, two bathroom home on a nice corner lot with curb appeal. Home has plenty of space and potential for a lucrative investment. Needs work. Occupied Reserve Auction – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. "As is" sale with no contingencies or inspections. Buyer will be responsible for obtaining possession

  Lori Brown Realhome Services & Solutions

  5509 Rappahannock Dr, Memphis, TN 38134
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  /26

  $169,000

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

  3931 Old Allen Rd, Memphis, TN 38128

  Step inside this fully renovated log cabin and fall in love with its charm. Featuring 2 spacious bedrooms, 2 1⁄2 baths, and gorgeous hardwood floors throughout, this home blends rustic warmth with modern upgrades. Perfect for cozy nights in or weekend entertaining, it’s move-in ready and waiting for you!

  Jason Wallace Keller Williams Realty

  3931 Old Allen Rd, Memphis, TN 38128
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  /40

  $399,000

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

  3885 Lakemont Dr, Memphis, TN 38128

  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.

  LaToia Kimble Crye-Leike, Inc., REALTORS

  3885 Lakemont Dr, Memphis, TN 38128
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  /6

  $125,000

  • 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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  /13

  $165,000

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

  4053 Haliburton St, Memphis, TN 38128

  THIS OPOEN CONCEPT BEAUTY NESTLED IN THE RALEIGH COMMUNITY FEATURES A NEW ROOF, NEW WINDOWS, NEW INTERIOR/EXTERIOR PAINT, NEW FIXTURES, NEW FLOORING, STAINLESS STEEL APPLIANCES, AND MUCH MORE! A MUST SEE! SEND ALL OFFERS AND POF TO FREDSELLSMEMPHIS@GMAIL.COM. USE ATTACHED DISCLOSUSRES WITH ALL OFFERS. SELLER CLOSING WITH HOME SURETY TITLE AND THEY WILL HOLD EARNEST MONEY.

  Fredrick Cunningham Keller Williams

  4053 Haliburton St, 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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  /7

  $159,000

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

  3850 Brandy Ave, Memphis, TN 38128

  Come take a look at this wonderful home. This property has been fully renovated from the studs, as close to new construction as you can get. This property has new windows, al new interior and exterior doors, new HVAC, new hot water tank, all new electrical (fully rewired, new panel, new wall devices and lighting). Both master and hall bath are fully renovated. Then kitchen features stainless

  Patrick Townsend REMAX Experts

  3850 Brandy Ave, Memphis, TN 38128
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  /22

  $259,900

  • 4 Beds
  • 2 Baths
  • 2,000+ Sq Ft

  4479 Raleigh Millington Rd, Memphis, TN 38128

  Welcome to your beautifully renovated 4-bedroom, 2-bathroom home, This home features an updated kitchen with ample storage and modern finishes, ideal for any home chef. Enjoy the bright and airy atmosphere with plenty of natural light throughout, especially in the open upstairs living space. The large backyard offers endless possibilities for entertaining, gardening, or relaxing outdoors. Don’t

  Erika Dean Agba Crye-Leike, Inc., REALTORS

  4479 Raleigh Millington Rd, Memphis, TN 38128
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  /35

  $250,000

  • 4 Beds
  • 2 Baths
  • 2,000+ Sq Ft

  5315 Pipers Gap Cove, Memphis, TN 38134

  Spacious 4-Bedroom Home with Endless Potential! This charming & generously sized home offers 4 BRS & 2 full BA, 3BRS conveniently located on the main level. Inside, you'll find a formal living room & dining room, perfect for entertaining, as well as a large den with a cozy fireplace for relaxing evenings at home.The galley kitchen (new cooktop) & adjacent laundry room provide functional spaces

  Allyson Avera Crye-Leike, Inc., REALTORS

  5315 Pipers Gap Cove, Memphis, TN 38134
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  /14

  $215,000

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

  5655 Falling Bark Dr, Memphis, TN 38134

  Beautifully maintained 3 bed/ 2 bath, zero lot line home in Bartlett! One level home! Gorgeous new laminate hardwood floors and plush new carpet. Fresh paint throughout the house. Open concept floor plan with eat in kitchen and breakfast bar overlooking spacious den. Large primary bedroom has luxury bathroom with separate jacuzzi bath and shower. Garage and a patio area in the back!

  Shelia Gray Harris Realty Services

  5655 Falling Bark Dr, Memphis, TN 38134
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  /15

  $119,900

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

  3907 Bowmar Cove, Memphis, TN 38128

  Tenant-occupied 3 bed with a charming brick exterior. Inside, your tenant will enjoy low-maintenance plank flooring in kitchen and living areas, tile in the baths and cozy carpet in the bedrooms. The fenced backyard offers space for entertaining friends and family. This property is an excellent addition to any investment portfolio, with a reliable tenant in place; leased through April 2026.

  Camela Henke Enterprise, REALTORS

  3907 Bowmar Cove, Memphis, TN 38128
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  /17

  $215,000

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

  3213 Covington Pike, Memphis, TN 38128

  REDUCED!! Larger than it appears 3-Bedroom Home in great location near shopping and schools. This charming home offers comfortable living near schools, churches, and shopping. Enjoy the convenience of a large covered parking area with plenty of off street parking including a two car carport. Home also features three bedrooms, two baths, separate living room, separate dining room, separate

  William Carr Crye-Leike, Inc., REALTORS

  3213 Covington Pike, Memphis, TN 38128
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  /35

  $278,000

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

  3249 Ridge Creek Dr, Memphis, TN 38128

  Come and experience this charming, move-in ready home that offers spacious living and a warm, welcoming atmosphere. The home features a lovely balcony perfect for enjoying your mornings or relaxing evenings. Recently updated with fresh new paint and a brand-new roof, it combines maintenance-free convenience with timeless appeal. The beautifully landscaped front and back yards create a serene

  Mary Wardlow TRG Real Estate Services, LLC

  3249 Ridge Creek Dr, Memphis, TN 38128
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  /10

  $210,000

  • 4 Beds
  • 2.5 Baths
  • 2,200+ Sq Ft

  4136 Hampton Manor Ln, Memphis, TN 38128

  Welcome to 4136 Hampton Manor Cove! A spacious and well-appointed 4-bedroom, 2.5-bath single-family home located in the heart of Memphis, TN 38128. This beautifully maintained property offers a perfect blend of comfort, style, and investment potential. With generous living spaces, modern updates, and a thoughtful layout, this home is ideal for families or as a high-yield rental opportunity.

  James Wachob Foundation Property Management

  4136 Hampton Manor Ln, Memphis, TN 38128
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  /7

  $69,900

  • 3 Beds
  • 1 Bath
  • 800+ Sq Ft

  3701 Dorado Cove, 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

  3701 Dorado Cove, Memphis, TN 38128
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  /18

  $249,900

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

  4795 Rolling Meadows Dr, Memphis, TN 38128

  Great Addition to your Investment Portfolio! This 2505 SqFt, 3 Bedroom, 2 1/2 Bath Home Is a Fantastic Investment Opportunity in a Great Location. Very Roomy With Open Floor Plan with Large Walk-in Closets And a Storage Building. Close to Shopping and the Nike Warehouse and the New Addition of the Amazon Warehouse. This home is Tenant Occupied. Please Do Not Disturb The Tenants!

  Sheila Brackens 901, REALTORS

  4795 Rolling Meadows Dr, Memphis, TN 38128
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  /28

  $149,900

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

  4627 Buffer Dr, Memphis, TN 38128

  Spacious 3 bedroom 2 bath home that is move in ready! This home has so many updates: new paint, new LVP in the living spaces, new carpet in the bedrooms, new kitchen countertops, new lighting, new ceiling fans, new bathroom vanities. So many amazing updates inside and out that give it a modern feel. The spacious fenced backyard is perfect for your fur baby or entertaining friends and family.

  Camela Henke Enterprise, REALTORS

  4627 Buffer Dr, Memphis, TN 38128
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  /5

  $155,000

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

  4603 Buffer Dr, Memphis, TN 38128

  Investor Alert! Renovated 3 bed, 2 bath home in Raleigh—tenant in place paying $1,275/month (month-to-month). Updates in 2019 include roof, HVAC, bathrooms, and water heater. Great cash-flowing property. Call listing agent for details—please do not disturb tenant.

  Jeanette Lin Pinnacle Realty

  4603 Buffer Dr, Memphis, TN 38128
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  /36

  $164,900

  • 3 Beds
  • 1 Bath
  • 1,200+ Sq Ft

  4235 Trudy St, Memphis, TN 38128

  ROOFING 2 YEARS OLD. HEATING UNIT 1.5 YEARS OLD. Welcome to this beautifully renovated 3-bedroom home! With fresh updates throughout, this charming property features a spacious living room perfect for relaxing or entertaining. Enjoy the outdoors in the lovely yard, offering plenty of space for gardening, play, or simply unwinding. This move-in-ready home is a must-see—schedule your showing today!

  Gabriell Thomas BHHS McLemore & Co., Realty

  4235 Trudy St, Memphis, TN 38128
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  /29

  $350,000

  • 2 Beds
  • 2 Baths
  • 1,718 Sq Ft

  5653 Pleasant View Rd, Memphis, TN 38134

  Discover the perfect blend of comfort and opportunity in this inviting 2-bedroom, 2-bath home situated on a spacious 1.38-acre corner lot. This property features a fully fenced backyard, offering privacy and security. The vast road frontage on 2 sides provides the potential for commercial possibilities depending on the type of business. Home offers over 1700 sq ft of space including 2-bedroom, 2

  Jennifer Harris RE/MAX Unlimited

  5653 Pleasant View Rd, Memphis, TN 38134
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  /2

  $219,000

  • 3 Beds
  • 2 Baths
  • 3,463 Sq Ft

  3335 Fairbanks St, Memphis, TN 38128

  This 2 unit property is located in a great Raleigh location! There are 3 bedrooms and 2 baths within each unit. The scheduled monthly income is 2,300 per month. Drive by only. Please do not disturb residents. Must be acquired with 5 other duplexes located at: 3299, 3315, 3334, 3344 & 3363 Fairbanks St.

  Jeffrey Moore Crye-Leike Commercial

  3335 Fairbanks St, Memphis, TN 38128
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  /16

  $128,000

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

  3837 Tessland Rd, Memphis, TN 38128

  Price improvement Charming 3-Bedroom, 1-Bathroom Newly Renovated Brick Home. This beautifully updated home features 3 spacious bedrooms and 1 modern bathroom. Enjoy the fresh, contemporary feel with new light fixtures throughout, as well as updated vanities in the bathroom. The kitchen has been thoughtfully renovated with stylish finishes and plenty of storage space. Perfect for those

  Crystell Harris Harris & Harris Realty Group

  3837 Tessland Rd, Memphis, TN 38128
• 

  /2

  $144,900

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

  3955 Stillwood Dr, Memphis, TN 38128

  Fantastic investment opportunity in the Shelby area. This 3br/2 bath single-family home is in the 38128 area. Cash flowing with a monthly rental amount of $1,287.50/month. The lease is on month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language will be accepted.

  Dean Harris CrestCore Realty MphsBrokerage

  3955 Stillwood Dr, Memphis, TN 38128
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  /3

  $280,000

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

  3371 Emmons Dr, Memphis, TN 38128

  Looking for a new home minutes from Downtown. Well this one located in the Scenic Hills of Raleigh is it. It features 1897 SF of finished space with 3 bedrooms, 2 baths, Office, and more on the 1st floor, and a unfinished room (396 sf) upstairs that could be used as a 4th bedroom. Preapproval Letter required with all offers, along with $3000 Earnest Money that is non refundable once construction

  Daryl Lewis Infinity Group REALTORS, Inc.

  3371 Emmons Dr, 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

Home Trends in Raleigh, TN

On average, homes in Raleigh, Memphis sell after 48 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 $160,000, up 7% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$160,000

Median Single Family Sale Price

$169,500

Median Townhouse Sale Price

$196,200

Median 2 Bedroom Sale Price

$95,000

Average Price Per Sq Ft

$108

Number of Homes for Sale

62

Last 12 months Home Sales

209

Months of Supply

3.60

Median List Price

$172,900

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

7%