$49,500
7
--Bds
--Ba
1.83acres lot
Land for sale
Sowell, Realtors Listing provided by MAAR
Land for Sale in Raleigh, Memphis, TN
17 Homes for Sale
Sort by:Newest Listings
$1,100,000
10
--Bds
--Ba
11.55acres lot
Land for sale
Braden, Braden & Braden Llc Listing provided by MAAR
$65,000
8
--Bds
--Ba
6acres lot
Land for sale
Keller Williams Listing provided by MAAR
$33,000
7
--Bds
--Ba
29,620.8sqft lot
Land for sale
Pinnacle Realty Listing provided by MAAR
$33,000
7
--Bds
--Ba
2,178sqft lot
Land for sale
Pinnacle Realty Listing provided by MAAR
$33,000
7
--Bds
--Ba
2,613.6sqft lot
Land for sale
Pinnacle Realty Listing provided by MAAR
$114,000
3
--Bds
--Ba
38acres lot
Sale Pending
Burch Realty Group Listing provided by MAAR
$10,000
6
--Bds
--Ba
1.48acres lot
Land for sale
Zeitlin Sotheby'S Internation Listing provided by MAAR
$10,000
5
--Bds
--Ba
35,283.6sqft lot
Land for sale
Zeitlin Sotheby'S Internation Listing provided by MAAR
$275,000
8
--Bds
--Ba
15,681.6sqft lot
Land for sale
Adaro Realty, Inc. Listing provided by MAAR
$275,000
4
--Bds
--Ba
15,246sqft lot
Land for sale
Adaro Realty, Inc. Listing provided by MAAR
$275,000
6
--Bds
--Ba
15,681.6sqft lot
Land for sale
Adaro Realty, Inc. Listing provided by MAAR
$15,000
5
--Bds
--Ba
15,681.6sqft lot
Land for sale
Exp Realty, Llc Listing provided by MAAR
$175,000
--Bds
--Ba
15.09acres lot
Land for sale
Sowell, Realtors Listing provided by MAAR
$829,900
--Bds
--Ba
56.07acres lot
Land for sale
Crye-Leike Commercial Listing provided by MAAR
$15,000
7
--Bds
--Ba
22,651.2sqft lot
Land for sale
Fast Track Realty, Llc Listing provided by MAAR
$27,500
6
--Bds
--Ba
3,484.8sqft lot
Land for sale
C21 Patterson & Assoc. Real Es 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, 12:00 PM. 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
17
Homes Available
$ 151,000
Median List Price
40 Days
Avg on Market
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Price
Beds & Baths
Home Type (1)
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