Home Values in Shelby Forest-Frayser and Raleigh
|Zillow Home Value Index||$40,400||vs||$69,000|
|Median List Price||$22,900||vs||$54,900|
|Median Sale Price||$27,400||vs||$72,200|
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 6.3%, while Raleigh home values have risen by 2.5%. The median sale price in Shelby Forest-Frayser is $27,400, but the median listing price was $22,900, a 19.7% increase. Meanwhile in Raleigh, the median selling price is $72,200, and the starting price had a median of $54,900, a 31.5% increase.