$298,900
2
6Bds
3Ba
2,900sqft
Townhouse for sale
Kaizen Realty, Llc Listing provided by MAAR
6 Bedroom Homes for Sale in Raleigh, Memphis, TN
2 Homes for Sale
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$315,000
5
6Bds
3Ba
3,440sqft
Single family home for sale
Reid, Realtors Listing provided by MAAR
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Raleigh, TN Housing Market Overview
Raleigh in Memphis is a balanced market, giving buyers and sellers room to negotiate. Homes are selling for 95.93% of asking price and averaging 40 days on the market, so you can make decisions without the pressure of a highly competitive market.
Status
Seller's Market
Days on Market
40
Inventory
104
Sep 2021Feb 2024Feb 2026
Median Home Price
$151,000Down 0.12%
In Feb 2026 · YoY
Sep 2021Feb 2024Feb 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 104 Down 0.09%
- Newly Listed Homes
- 103 Down 0.23%
- Months of Supply
- 1.5 Down 0.00%
Housing Demand
- Homes Sold
- 69 Down 0.00%
- Sale-to-List Ratio
- 95.9% Up 1.56%
- Homes Sold Above List
- 21.7% Up 5.85%
30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.
View Full Raleigh Market ReportRaleigh Ranks #112 in Memphis, TN
191
Homes
$761
Rental Prices
$151K
Median Home Price
No. of Homes
Prices
No. of Homes
No. of Homes
Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 9, 2026, 8:45 AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2026 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
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Raleigh, Memphis, TN Housing Market
2
Homes Available
$ 151,000
Median List Price
40 Days
Avg on Market
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