$124,000
- 3 Beds
- 2.5 Baths
- 1,400+ Sq Ft
2775 W Hickory Bluff, Memphis, TN 38128
2775 W Hickory Bluff, Memphis, TN 38128
5
Raleigh Townhomes for Sale
-
-
$94,900
- 2 Beds
- 1.5 Baths
- 1,000+ Sq Ft
1840 Quail Path Cove, Memphis, TN 38134
1840 Quail Path Cove, Memphis, TN 38134 -
$118,000
- 3 Beds
- 2.5 Baths
- 1,400+ Sq Ft
2805 W Hickory Bluff, Memphis, TN 38128
2805 W Hickory Bluff, Memphis, TN 38128 -
$118,000
- 3 Beds
- 2.5 Baths
- 1,400+ Sq Ft
2793 W Hickory Bluff, Memphis, TN 38128
2793 W Hickory Bluff, Memphis, TN 38128 -
$125,000
- 3 Beds
- 3 Baths
- 1,600+ Sq Ft
1749 Fox Hunt Ln, Memphis, TN 38134
1749 Fox Hunt Ln, Memphis, TN 38134
About 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
On average, homes in Raleigh, Memphis sell after 45 days on the market compared to the national average of 47 days. The average sale price for homes in Raleigh, Memphis over the last 12 months is $158,699, up 1% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$156,250
Median Single Family Price
$162,500
Median Townhouse Price
$196,200
Median 2 Bedroom Price
$95,000
Average Price Per Sq Ft
$105
Number of Homes for Sale
63
Last 12 months Home Sales
232
Months of Supply
3.30
Median List Price
$169,300
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
4%
In Raleigh, there are currently 5 townhouses for sale, offering a variety of options for potential buyers. With townhouses ranging from $94,900 to $125,000, there's something for every budget. As of April, 2025 the median home price in Raleigh, Memphis is $169,300, while the average sale price is $158,699, providing insight into local market trends. On average, townhouses spend 45 days on the market before being sold. Whether you're interested in modern townhouses, small townhomes, or traditional rowhouses, there are options available to suit your needs. Browse properties and townhomes for sale in Raleigh, Memphis, and discover the ideal residence to fit your needs.
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