Country Homes for Sale in Raleigh, Memphis, TN

26 Homes for Sale

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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 Report

Raleigh Ranks #112 in Memphis, TN

Raleigh Neighborhood

Raleigh

Neighborhood in Memphis, TN
Homes for sale
191

Homes

Rental prices
$761

Rental Prices

Median Home Price
$151K

Median Home Price

Raleigh, Memphis, TN neighborhood guide
No. of Homes
Country Homes for Sale in Central Business District, Memphis
42
Country Homes for Sale in Whitehaven, Memphis
32
Country Homes for Sale in Raleigh, Memphis
27
Country Homes for Sale in Frayser, Memphis
25
Country Homes for Sale in Vollintine Evergreen, Memphis
15
Country Homes for Sale in Parkway Village, Memphis
10
Country Homes for Sale in Orange Mound, Memphis
9
Country Homes for Sale in Hickory Hill, Memphis
9
Country Homes for Sale in Heights, Memphis
8
Country Homes for Sale in Oakhaven, Memphis
8
Country Homes for Sale in Lenox, Memphis
7
Country Homes for Sale in Westwood, Memphis
7
Country Homes for Sale in Cooper Young, Memphis
7
Country Homes for Sale in Binghampton, Memphis
7
Country Homes for Sale in Alcy Ball, Memphis
7
Country Homes for Sale in West Junction, Memphis
6
Country Homes for Sale in Capleville, Memphis
6
Country Homes for Sale in Normal Station, Memphis
6
Country Homes for Sale in Balmoral, Memphis
6
Country Homes for Sale in Central Gardens, Memphis
6
Vollintine-Evergreen, Memphis Neighborhood Guide
Colonial Acres, Memphis Neighborhood Guide
Westwood, Memphis Neighborhood Guide
Sea Isle Park, Memphis Neighborhood Guide
Whitehaven, Memphis Neighborhood Guide
Oakhaven, Memphis Neighborhood Guide
Parkway Village, Memphis Neighborhood Guide
Nutbush, Memphis Neighborhood Guide
Raleigh, Memphis Neighborhood Guide
Alcy-Ball, Memphis Neighborhood Guide
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  • mls-img
    Based on information from Realtracs® through Oct 9, 2026, 8:45 AM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
  • mls-imgIDX Logo
    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 Marketlink qauare
Homes Available icon

26

Homes Available

Median List Price icon

$ 151,000

Median List Price

Avg on Market icon

40 Days

Avg on Market

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