Compare: Midtown vs Raleigh
Home Values in Midtown and Raleigh
|Zillow Home Value IndexWhat's this?||$49,500||vs||$59,300|
|Median List Price||$109,000||vs||$55,000|
|Median Sale Price||$124,600||vs||$55,800|
Midtown, Memphis tends to be less expensive for home buyers than Raleigh, Memphis. During the last year, Midtown home values have risen by 2.5%, while Raleigh home values have risen by 3.0%. The median sale price in Midtown is $124,600, but the median listing price was $109,000, a 14.3% increase. Meanwhile in Raleigh, the median selling price is $55,800, and the starting price had a median of $55,000, a 1.5% increase.
Demographics in Midtown and Raleigh
|Median Household Income||$28,259||vs||$41,176|
|Homes with Kids||23.0%||vs||33.5%|
|Average Household Size||2.3||vs||2.8|
|Average Commute Time (Minutes)||23||vs||26|
At $41,176, the median income in Raleigh is $12,917 more than in Midtown, and $3,336 lower than the national average. Midtown has an older median age, at 36, compared to 32 in Raleigh, and a shorter average commute. The average commute in Raleigh is 26 minutes and the average commute in Midtown is 23 minutes.