Rangeline Housing Market Report February 2025Shelby County, Tennessee

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Housing Prices in Rangeline, TN

How much do homes in Rangeline, TN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$111,500
+$16,500
+17.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Rangeline has increased by 17.4% since last year.

Summary: The median home list price in Rangeline was $111,500 in February 2025, up 17.4% from the previous year, and the median price per square foot was $0.

Median List Price By Neighborhoods

Median List Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Woodstock
+35.9%
Frayser
+24.1%
Rangeline
+17.4%
Hawkins Mill
+11.9%
Alta Vista
+4.5%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$69K$90K
+30.6%
3$90.9K$99K
+8.9%
4$164.9K$159K
-3.6%
5-$149.9K
N/A

Summary: Rangeline housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +30.6%. The home price for 3 bedroom homes increased by +8.9%. The home price for 4 bedroom homes decreased by -3.6%. The home price for 5 bedroom homes did not change.

How does Rangeline, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Rangeline, TN

Housing supply in Rangeline, TN

How many homes are available in Rangeline, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
50Last MonthFeb 2025
412 months agoJan 2025
+22.0 %
Change MoMJan – Feb

Summary: The Rangeline real estate market had 50 homes for sale in Feb 2025, a 22.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
223
+50.0%
32531
+24.0%
41315
+15.4%
511
0.0%

Summary: Rangeline housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +24.0%. The inventory for 4 bedroom homes increased by +15.4%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Rangeline, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price9 Homes

Under Asking Price6 Homes

Insight

If you're buying a home in Rangeline, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Rangeline in February 2025, up by 100.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 60% were sold at asking, and and 0% were sold over asking.

Days on Market for Rangeline, TN

How long does it take to sell a home in Rangeline, TN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
286 DaysThis YearFeb 2025
1,057 Days1 year agoFeb 2024
-72.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Rangeline had an average listing age of 286 days in Feb 2025, down by 72.8% compared to the previous year.

Newest Listings in Rangeline, TN

What homes are available in Rangeline, TN?

MLS Disclaimers and Copyright

Based on information from Memphis MLS, for the period 03/01/2023 - 03/01/2025

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.