Home Values in Shelby Forest-Frayser and Raleigh
|Zillow Home Value Index||$38,500||vs||$69,800|
|Median List Price||$27,000||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 12.3%, while Raleigh home values have risen by 3.9%. The median sale price in Shelby Forest-Frayser is $28,600, but the median listing price was $27,000, a 5.9% 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.