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Real estate in Memphis’ Raleigh neighborhood.

Compare top Raleigh real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Raleigh real estate Market Report.

Information and statistics on the latest trends in the Raleigh real estate market. *

Latest Rolling 3-Month Snapshot

May 1, 2026 - Jul 31, 2026

Median sale price
$140K
-5.4% from Q2 '26
Median list price
$155K
+5.1% from Q2 '26
Active listings
297
+5.7% from Q2 '26
Homes sold
98
+1% from Q2 '26
New pendings
139
+3.7% from Q2 '26
New listings
167
+3.7% from Q2 '26

Quarterly Pricing Trends for Raleigh

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Raleigh Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $130K Median sale price in Oct 2021 - Dec 2021: $140K Median sale price in Jan 2022 - Mar 2022: $152K Median sale price in Apr 2022 - Jun 2022: $156K Median sale price in Jul 2022 - Sep 2022: $155K Median sale price in Oct 2022 - Dec 2022: $160K Median sale price in Jan 2023 - Mar 2023: $152K Median sale price in Apr 2023 - Jun 2023: $151K Median sale price in Jul 2023 - Sep 2023: $165K Median sale price in Oct 2023 - Dec 2023: $150K Median sale price in Jan 2024 - Mar 2024: $152K Median sale price in Apr 2024 - Jun 2024: $158K Median sale price in Jul 2024 - Sep 2024: $146K Median sale price in Oct 2024 - Dec 2024: $170K Median sale price in Jan 2025 - Mar 2025: $174K Median sale price in Apr 2025 - Jun 2025: $150K Median sale price in Jul 2025 - Sep 2025: $165K Median sale price in Oct 2025 - Dec 2025: $172K Median sale price in Jan 2026 - Mar 2026: $150K Median sale price in Apr 2026 - Jun 2026: $148K Median list price in Jul 2021 - Sep 2021: $140K Median list price in Oct 2021 - Dec 2021: $145K Median list price in Jan 2022 - Mar 2022: $150K Median list price in Apr 2022 - Jun 2022: $155K Median list price in Jul 2022 - Sep 2022: $170K Median list price in Oct 2022 - Dec 2022: $160K Median list price in Jan 2023 - Mar 2023: $169K Median list price in Apr 2023 - Jun 2023: $155K Median list price in Jul 2023 - Sep 2023: $162K Median list price in Oct 2023 - Dec 2023: $163K Median list price in Jan 2024 - Mar 2024: $160K Median list price in Apr 2024 - Jun 2024: $170K Median list price in Jul 2024 - Sep 2024: $175K Median list price in Oct 2024 - Dec 2024: $180K Median list price in Jan 2025 - Mar 2025: $163K Median list price in Apr 2025 - Jun 2025: $160K Median list price in Jul 2025 - Sep 2025: $175K Median list price in Oct 2025 - Dec 2025: $160K Median list price in Jan 2026 - Mar 2026: $150K Median list price in Apr 2026 - Jun 2026: $148K Jul 2021 - Sep 2021 Median sale price $130K Median list price $140K Oct 2021 - Dec 2021 Median sale price $140K Median list price $145K Jan 2022 - Mar 2022 Median sale price $152K Median list price $150K Apr 2022 - Jun 2022 Median sale price $156K Median list price $155K Jul 2022 - Sep 2022 Median sale price $155K Median list price $170K Oct 2022 - Dec 2022 Median sale price $160K Median list price $160K Jan 2023 - Mar 2023 Median sale price $152K Median list price $169K Apr 2023 - Jun 2023 Median sale price $151K Median list price $155K Jul 2023 - Sep 2023 Median sale price $165K Median list price $162K Oct 2023 - Dec 2023 Median sale price $150K Median list price $163K Jan 2024 - Mar 2024 Median sale price $152K Median list price $160K Apr 2024 - Jun 2024 Median sale price $158K Median list price $170K Jul 2024 - Sep 2024 Median sale price $146K Median list price $175K Oct 2024 - Dec 2024 Median sale price $170K Median list price $180K Jan 2025 - Mar 2025 Median sale price $174K Median list price $163K Apr 2025 - Jun 2025 Median sale price $150K Median list price $160K Jul 2025 - Sep 2025 Median sale price $165K Median list price $175K Oct 2025 - Dec 2025 Median sale price $172K Median list price $160K Jan 2026 - Mar 2026 Median sale price $150K Median list price $150K Apr 2026 - Jun 2026 Median sale price $148K Median list price $148K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
21
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).

Inventory and contract activity in Raleigh have been expanding in this rolling three-month window. Active listings are up sharply year over year, rising about 42 percent to 297, while new listings have climbed nearly 49 percent and pending sales are up about 37 percent, signaling more homes entering the pipeline and more buyers writing offers.

Pricing has softened as supply has grown. The typical home value is down more than 12 percent compared with a year ago, and the median list price is also lower year over year even though it has ticked up modestly in recent months, with homes now averaging about $97.70 per square foot and an average sale-to-list ratio just under 96 percent.

Market pace reflects this shift toward looser conditions, with months of supply up to 4.8 and median days on market stretching to 40, far higher than a year ago, even as about 22 percent of homes still go off market within two weeks and nearly 19 percent sell above list. Conditions are somewhat cooler than the broader Memphis market, which has a higher median sale price and slightly more inventory relative to sales, so both pricing and timing expectations matter. Whether you are a buyer trying to navigate more choices or a seller aiming to stand out in a slower environment, Agent Pronto can connect you with an agent who understands these trends and can guide your next move.



Learn more about what Raleigh has to offer.

Raleigh offers residents a welcoming, well-connected neighborhood with leafy parks, local shops and eateries, solid schools, and a strong sense of community through events and everyday amenities.

Raleigh in Memphis offers a practical mix of suburban comfort and city access, with straightforward routes into Memphis, Shelby County, and nearby employment centers. Families, first time buyers, and long term residents appreciate its established streets, mature trees, and a wide selection of single family homes at relatively attainable prices.

Daily needs are easy to cover. The area is served by local shopping corridors along Austin Peay Highway and Raleigh Lagrange Road, with quick access to grocery stores, medical offices, and everyday services. Outdoor time is close at hand at Raleigh Springs Civic Center, which combines walking trails, a skate park, and a fishing lake with city services, and at nearby Shelby Farms Park, one of the largest urban parks in the country. Readers and remote workers benefit from the Raleigh Library, part of the Memphis Public Libraries system.

Families often look closely at schools such as Raleigh Egypt High School within the Memphis-Shelby County Schools district, and commuters value access to MATA bus routes serving key Memphis destinations. Dining ranges from local soul food spots to casual takeout along major corridors, with broader options in nearby Downtown and Midtown.

A local Raleigh real estate expert can help you sort through school options, commute patterns, and neighborhood pockets, greatly reducing stress for both buyers and sellers. Agent Pronto connects you with that right local agent so your move or sale in Raleigh feels more manageable from the start.

Find your Raleigh real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Katelyn went above and beyond to keep us informed and engaged in the selling process. She provided helpful insight and guidance without ever pushing -- always leaving the decision in our hands. We look forward to working with Katelyn again when our next property is ready to list.”

Michele Hester · Pigeon Forge, TN

Photo of Katelyn Warren
Castle & Associates Real Estate
“This was the third time dealing with David Edwards and I will always work with David should the opportunity arise again! He is honest and professional and I trust him completely!”

Margaret Rice · Erwin, TN

Photo of David Edwards JR
CENTURY 21 Legacy
“Mike was an excellent agent to work with. He went above and beyond to find out all the information on the property details and answers to all questions we had. He was available anytime we needed. We would recommend him to anyone interested in purchasing or selling a home. He is the best!!”

Robin Cloyd · Jonesborough, TN

Photo of Creation Properties
Century 21 Legacy
“Brad Fowler is the way to go when selling your home! He jumped right in and got to work. He had gorgeous professional pictures of our house made and posted within a couple of days. He is well known in the community and has a highly regarded reputation. He is pleasant to work with and listened to our needs. He worked really well with the buyers and their realtor to get everything set and ready to go so both parties were satisfied! Highly recommended”

Jaime Brown · Murfreesboro, TN

Photo of Brad Fowler
Century 21 Wright Realty
“Shawn was wonderful to work with. He was super helpful in getting us in contact with local services to work on our home. I would definitely recommend his business to others.”

Melanie Blackwood · Tullahoma, TN

Photo of Shawn Wright
Century 21 Wright Realty
“Jeremiah was an absolute pleasure to work with! We have never had an agent as informed and quick to respond as he was. We're not unfamiliar with the home buying process, but Jeremiah was still able to explain any questions we had and work with us through difficult and unique circumstances. We absolutely love the house we got, but if we ever consider a different one down the line, Jeremiah will be the first person we reach out to. And I will recommend anyone looking for houses in the area to do the same.”

Brian Domanoski · Fall Branch, TN

Photo of Jeremiah Frank
Epique Realty
“Brooke was amazing!! She truly went above and beyond to help me find a house to call home. I truly could not be more thankful I got to work with her!!!”

Arianna Endicott · Johnson City, TN

Photo of Brooke Shelton
Century 21 Legacy
“Tracey is the best realtor. She makes stressful negotiations a breeze from start to finish. She is professional but adds her personal touch to all communications and transactions to make you feel like family. I have used Tracey for over 10 years in buying and selling several homes. I would never use another realtor in buying or selling my home.”

Candi Johnson · Talbott, TN

Photo of Tracey Bright
RE/MAX Real Estate Ten Midtown
“Misty was an absolute pleasure to work with! She went above and beyond in the entire home buying process. Misty went out of her way to meet with us to view several potential properties on short notice. Her insight and knowledge were critical in informing my decisions. She walked me through the tough negotiations so I could navigate them confidently. Myself and my family are truly thankful for her help in finding our home!”

Justin Volmos · Waverly, TN

Photo of Misty Kinney
Century 21 Platinum Properties
“I contacted Pronto because we needed to sell a deceased relative's home in Tennessee, while we live in Ohio. Agent Pronto put us in touch with two agents, and we chose Amber Vittetoe who was nothing short of fabulous. She provided us with many resources that we wouldn't have known about since we're not local, and she was extremely responsive 24/7. We couldn't have asked for a better agent. Thank you!”

Sue H. · Sevierville, TN

Photo of Amber Vittetoe
MG Rise Realty
“Khristian was extremely helpful in buying my home. I truly felt at home and at ease working with him. He made sure I was aware of everything going on, and took me to every home I wanted to see.”

Dalton Pharris · Mount Juliet, TN

Photo of First Class Real Estate
Keller Williams First Class Real Estate
“Jessica is an amazing Realtor. She truly cares about the people she works with and goes above and beyond to make her clients transition a smooth one. We just loved working with her and will definitely work with her again. She is great for vacation homes too both in the Smokies and Panama City Beach FL. Her knowledge of short term rentals helped us tremendously.”

Burke · Cosby, TN

Photo of Jessica Weston
Realty One Group Emerald Coast
“Mr. Black made it so for us.”

David Bailey · Palmyra, TN

Photo of Christian Black Team
Century 21 Platinum Properties
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”

Dion Price · Whiteville, TN

Photo of Betty McGaughey
eXp Realty
“She helped us buy our house, then sell it a few years later. Couldn't recommend more! So communicative, answered all my questions at a timely, proffessional manner. I was probably not the easiest client at times because stress, but she was so calm and reassuring through the whole process! Seriously so grateful for how smoothly this sale went, all with the help of Marie!”

Kristen Curtis · Clarksville, TN

Photo of Marie LaVoise
CENTURY 21 Platinum Properties
“Rolanda was absolutely wonderful to work with during the selling process. She was professional, knowledgeable, resourceful, and patient. She ensured that I was represented well and every step of the way. I highly recommend Rolanda to friends, family, or associates.”

Laurie Rowe Walker · Chattanooga, TN

Photo of Rolanda Pullen Daniel
Coldwell Banker Pryor Realty
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”

Brenda M. · Olive Branch, MS

Photo of Kim Townsend
Century 21 Patterson & Associates
“Miss Candy was very helpful with the sale of the property she knew what she was doing and how to handle all things that needed to be handled. I would recommend her to anyone that needed help with the sell of their property and I will use her again if I need help with selling any property, Thank you so much Miss Candy for helping in the sale of the property.”

Gail Mullican · Smithville, TN

Photo of Candy Vaughn
Keller Williams Realty
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”

TK · Nashville, TN

Photo of Nashville Advantage
EXP Realty
“Ruby Alexander is excellent at everything she does. She previously helped us purchase our home. Ruby is professional, knowledgeable, honest, hard-working, friendly, intuitive, and resourceful. She goes above and beyond the call of duty. We would not have wanted to take the journey of buying or selling our home with anyone else.”

John W. · Johnson City, TN

Photo of CENTURY 21 Legacy Relocation
CENTURY 21 Legacy

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Raleigh. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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