The Raleigh-Ridge Park housing market is somewhat competitive. The median sale price of a home in Raleigh-Ridge Park was $214K last month, up 45.3% since last year. The median sale price per square foot in Raleigh-Ridge Park is $95, down 25.2% since last year.
What is the housing market like in Raleigh-Ridge Park today?
In October 2024, Raleigh-Ridge Park home prices were up 45.3% compared to last year, selling for a median price of $214K. On average, homes in Raleigh-Ridge Park sell after 13 days on the market compared to 51 days last year. There were 4 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$214,250
+45.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Raleigh-Ridge Park, TN
$214,250
+45.3%
United States
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How hot is the Raleigh-Ridge Park housing market?
Raleigh-Ridge Park is somewhat competitive. Homes sell in 25 days.
0
100
63
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 25 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 days.
Learn about schools in the Raleigh-Ridge Park area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Raleigh-Ridge Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Raleigh-Ridge Park.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Raleigh-Ridge Park has a minor risk of flooding. 80 properties in Raleigh-Ridge Park are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Raleigh-Ridge Park. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Raleigh-Ridge Park has a moderate risk of wildfire. There are 8 properties in Raleigh-Ridge Park that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Raleigh-Ridge Park.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Raleigh-Ridge Park has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Raleigh-Ridge Park is most at risk from hurricanes. 925 properties in Raleigh-Ridge Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 68 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 76 mph.
86% of properties are at major
risk of heat over the next 30 years
Heat Factor
Raleigh-Ridge Park has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 86% of homes in Raleigh-Ridge Park have a Major Heat Factor®.
Raleigh-Ridge Park is expected to see a 214% increase in the number of days over 110ºF over the next 30 years. Raleigh-Ridge Park is expected to experience 8