Home Values in Shelby Forest-Frayser and Raleigh
|Zillow Home Value Index||$39,100||vs||$69,800|
|Median List Price||$25,000||vs||$49,500|
|Median Sale Price||$29,800||vs||$64,000|
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 9.7%, while Raleigh home values have risen by 4.2%. The median sale price in Shelby Forest-Frayser is $29,800, but the median listing price was $25,000, a 19.2% increase. Meanwhile in Raleigh, the median selling price is $64,000, and the starting price had a median of $49,500, a 29.3% increase.