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Raleigh

Why you'd want to live in Raleigh

Raleigh, North Carolina is the capital of North Carolina and the county seat of Wake County. Due to the prevalence of oak trees in the area, the city is widely known as the "City of Oaks." Its population of 27,000 makes it the second largest city in North Carolina, after Charlotte. Raleigh is part of The Triangle, which also includes Durham, and Chapel Hill. The Triangle is named for the Research Triangle Park, created in 1959, that is located between Durham and Raleigh. Raleigh is also one of the fastest growing cities in the United States. via citytowninfo.com

Raleigh Market Report

$555,675

AVERAGE PRICE OF 2,052 HOMES

$362,816

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,693,208

AVERAGE PRICE OF 210 MULTI-MILLION DOLLAR HOMES

$652,841

AVERAGE PRICE OF 742 NEWLY BUILT HOMES

$578,456

AVERAGE PRICE OF 442 HOMES WITH A POOL

$518,349

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $555,675
Avg Bedrooms 3.41 beds
Avg Bathrooms 3.15 baths

Average Price by Bedrooms

1 bedroom $301,086
2 bedrooms $343,446
3 bedrooms $322,007
4 bedrooms $544,494
5 bedrooms $1,177,219
Raleigh Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 2,022 1,998 1,982 2,008 2,140
Average Price $548,180 $546,449 $548,838 $544,218 $540,860
Avg Price Change +0.32% -0.44% +0.85% +0.62% -0.01%
Median Price $411,300 $407,828 $411,543 $411,528 $410,375
Med Price Change +0.85% -0.91% +0.00% +0.28% +0.41%
Avg Bedrooms 3.19 beds 3.37 beds 3.46 beds 3.32 beds 3.41 beds
Avg Bathrooms 3.05 baths 3.06 baths 3.42 baths 3.42 baths 3.63 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 181 $436,223 147 days
Broughton 347 $783,748 92 days
Knightdale High School 1 $375,000 66 days
Leesville Road High School 1 $285,000 362 days
Millbrook 163 $831,724 72 days
Other 1 $425,000 25 days
Sanderson 200 $613,110 75 days
South Garner 1 $629,900 21 days
Southeast Raleigh 1 $271,000 24 days
Wake County 1 $290,000 41 days
Wake County Schools 343 $455,310 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,052 $555,675 86 days
Distressed Homes 6 $362,816 246 days
Multi-Million Dollar Homes 210 $1,693,208 150 days
Newly Built Homes 742 $652,841 148 days
Homes with a Pool 442 $578,456 90 days
Reduced Price Homes 40 $518,349 36 days
The Avalon Realty Group
Lisa Rivera
225 N. Main Street, Suite 211
Spring Lakes, NC 28390
910-580-6538

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Fayetteville Association of REALTORS®. Those properties marked with the IDX icon are provided courtesy of the Fayetteville Association of REALTORS®, Inc., Internet Data Exchange (IDX). Information Deemed Reliable But Not Guaranteed and Should be Independently Verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2014 Fayetteville Association of REALTORS®. All Rights Reserved. October 27, 2021
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Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2021 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated October 27, 2021
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