The Frayser-Raleigh Pd housing market is somewhat competitive. The median sale price of a home in Frayser-Raleigh Pd was $131K last month, up 7.2% since last year. The median sale price per square foot in Frayser-Raleigh Pd is $112, up 8.7% since last year.
What is the housing market like in Frayser-Raleigh Pd today?
In May 2025, Frayser-Raleigh Pd home prices were up 7.2% compared to last year, selling for a median price of $131K. On average, homes in Frayser-Raleigh Pd sell after 29 days on the market compared to 40 days last year. There were 194 homes sold in May this year, down from 219 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$130,750
+7.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Frayser-Raleigh Pd, TN
$130,750
+7.2%
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 hot is the Frayser-Raleigh Pd housing market?
Frayser-Raleigh Pd is somewhat competitive. Homes sell in 22 days.
0
100
59
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 22 days.
Hot homes
can sell for around list price and go pending in around 6 days.
Learn about schools in the Frayser-Raleigh Pd area
Elementary
Middle
High
GreatSchools Rating
6/10
Delano Elementary School
Public • PreK-5
283
Students
5 reviews
5/10
Brownsville Rd Elementary School
Public • K-5
467
Students
2 reviews
5/10
Hawkins Mill Elementary School
Public • PreK-5
295
Students
5 reviews
5/10
Jackson Elementary School
Public • PreK-5
281
Students
3 reviews
4/10
Whitney Elementary
Public • PreK-5
262
Students
N/A
Only showing 5 of
24 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.
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