Home Values in Shelby Forest-Frayser and Raleigh
|Zillow Home Value Index||$39,700||vs||$69,400|
|Median List Price||$25,000||vs||$50,000|
|Median Sale Price||$29,100||vs||$73,100|
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 8.1%, while Raleigh home values have risen by 3.6%. The median sale price in Shelby Forest-Frayser is $29,100, but the median listing price was $25,000, a 16.4% increase. Meanwhile in Raleigh, the median selling price is $73,100, and the starting price had a median of $50,000, a 46.2% increase.