Home Values in Shelby Forest-Frayser and Raleigh
|Zillow Home Value Index||$40,100||vs||$69,400|
|Median List Price||$24,800||vs||$50,000|
|Median Sale Price||$31,900||vs||$78,100|
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 7.2%, while Raleigh home values have risen by 3.1%. The median sale price in Shelby Forest-Frayser is $31,900, but the median listing price was $24,800, a 28.6% increase. Meanwhile in Raleigh, the median selling price is $78,100, and the starting price had a median of $50,000, a 56.2% increase.