A+
56%
Med. Home Val. NAT. AVG.
5%
Rent NAT. AVG.
34%
Owner Occ. NAT. AVG.
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Raleigh Housing Information

IndexRaleighMemphisTennessee
Median home price$81,134$107,100$146,000
Median rent asked$993$915$782
Avg. people per household2.92.52.5
Owner occupied households42.2%46.2%66.3%
Renter occupied households57.8%53.8%33.7%
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Housing Quick Facts

  • The median home price in Raleigh is 56% lower than the national average.
  • The median rent asked in Raleigh is 5% higher than the national average.
  • The average number of people per household in Raleigh is 12% higher than the national average.
  • The number of owner occupied households in Raleigh is 34% lower than the national average.
  • The number of renter occupied households in Raleigh is 59% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Millington, TN10,650$119,90035%
      Southaven, MS55,026$160,50013%
      Bartlett, TN59,252$195,9006%
      Atoka, TN9,407$206,50012%
      Arlington, TN11,715$258,20040%
      Memphis, TN650,910$107,10042%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Portland, OR650,380$438,500137%
      Oklahoma City, OK649,821$161,80012%
      Las Vegas, NV644,594$279,70051%
      Nashville, TN667,070$264,60043%
      Detroit, MI672,351$52,70071%
      Memphis, TN650,910$107,10042%
      Source: The Raleigh, Memphis, TN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).