Compare: Shelby Forest-Frayser vs Raleigh

Home Values in Shelby Forest-Frayser and Raleigh

Shelby Forest-Frayser
vsRaleigh
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Zillow Home Value Index
Mid-point of Zestimate valuations for Shelby Forest-Frayser. Half the Zestimates are above this number and half are below it.
$41,500vs$67,900
1-Year Change-3.0%vs+1.0%
Median List Price$23,800vs$53,900
Median Sale Price$22,500vs$78,000
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 3.0%, while Raleigh home values have risen by 1.0%. The median sale price in Shelby Forest-Frayser is $22,500, but the median listing price was $23,800, a 5.5% discount. Meanwhile in Raleigh, the median selling price is $78,000, and the starting price had a median of $53,900, a 44.7% increase.

Why is Raleigh more expensive than Shelby Forest-Frayser?

Shelby Forest-Frayser, Memphis, TN

Map of Shelby Forest-Frayser, Memphis, TN
Shelby Forest-Frayser is a neighborhood in Memphis, TN with a population of 35,254. The median household income is $28,104.

Raleigh, Memphis, TN

Map of Raleigh, Memphis, TN
Raleigh is a neighborhood in Memphis, TN with a population of 56,895. The median household income is $41,176.