Home Values in Shelby Forest-Frayser and Raleigh
|Zillow Home Value Index||$38,800||vs||$70,000|
|Median List Price||$25,000||vs||$49,900|
|Median Sale Price||$28,600||vs||$63,800|
Shelby Forest-Frayser, Memphis tends to be less expensive for home buyers than Raleigh, Memphis. During the last year, Shelby Forest-Frayser home values have fallen by 12.4%, while Raleigh home values have risen by 4.2%. The median sale price in Shelby Forest-Frayser is $28,600, but the median listing price was $25,000, a 14.4% increase. Meanwhile in Raleigh, the median selling price is $63,800, and the starting price had a median of $49,900, a 27.9% increase.