The Frayser-Raleigh Pd housing market is somewhat competitive. The median sale price of a home in Frayser-Raleigh Pd was $115K last month, down 11.5% since last year. The median sale price per square foot in Frayser-Raleigh Pd is $96, up 12.9% since last year.
What is the housing market like in Frayser-Raleigh Pd today?
In March 2024, Frayser-Raleigh Pd home prices were down 11.5% compared to last year, selling for a median price of $115K. On average, homes in Frayser-Raleigh Pd sell after 42 days on the market compared to 39 days last year. There were 167 homes sold in March this year, up from 164 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$115,000
-11.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Frayser-Raleigh Pd, TN
$115,000
-11.5%
United States
To compare other locations to the Frayser-Raleigh Pd and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Memphis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Frayser-Raleigh Pd housing market?
Frayser-Raleigh Pd is somewhat competitive. Homes sell in 38 days.
0
100
46
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 3 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 38 days.
Hot homes
can sell for around list price and go pending in around 11 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Delano Elementary School
Public • PreK-5
267
Students
5 reviews
6/10
Jackson Elementary School
Public • PreK-5
319
Students
3 reviews
5/10
Egypt Elementary School
Public • PreK-5
563
Students
2 reviews
4/10
Frayser Achievement Elementary
Public • PreK-5
265
Students
N/A
4/10
Westside Elementary School
Public • PreK-5
334
Students
3 reviews
Only showing 5 of
22 elementary schools.
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 Frayser-Raleigh Pd housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Frayser-Raleigh Pd.
Risk Factor
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Frayser-Raleigh Pd has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information
Provided by First Street Foundation
Transportation in Frayser-Raleigh Pd
Learn about the walkability, bikeability, and transit-friendliness of Frayser-Raleigh Pd