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Raleigh

Why you'd want to live in Raleigh

Raleigh, The capital city of North Carolina, is one of the South’s most vibrant, eclectic cities – where eclectic meets traditional and historic meets modern. Centrally located along the USA's eastern coast, the city forms part of North Carolina’s famed Research Triangle, a wellspring of education, research, and technical innovation. You’ll discover outstanding arts and culture (earning the city the nickname “Smithsonian of the South”), a renowned culinary landscape (including the James Beard Foundation's 2019 Best Chef in America, Ashley Christensen) and a music scene that inspired “Rolling Stone” to call Raleigh one of the top eight emerging music cities in the USA. A well rounded city with something for everyone, Raleigh is a hot spot for music, dining, education, technology, medical centers, and more. via visittheusa.com

Raleigh Market Report

$557,213

AVERAGE PRICE OF 1,838 HOMES

$502,814

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,698,003

AVERAGE PRICE OF 186 MULTI-MILLION DOLLAR HOMES

$670,564

AVERAGE PRICE OF 643 NEWLY BUILT HOMES

$566,982

AVERAGE PRICE OF 381 HOMES WITH A POOL

$653,524

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $557,213
Avg Bedrooms 3.25 beds
Avg Bathrooms 3.13 baths

Average Price by Bedrooms

1 bedroom $277,200
2 bedrooms $352,848
3 bedrooms $407,269
4 bedrooms $720,053
5 bedrooms $1,198,253
Raleigh Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 2,046 2,016 1,994 1,977 2,003
Average Price $551,189 $548,490 $546,505 $548,671 $544,459
Avg Price Change +0.49% +0.36% -0.40% +0.77% +0.65%
Median Price $418,042 $411,412 $407,826 $411,076 $411,536
Med Price Change +1.61% +0.88% -0.80% -0.11% +0.30%
Avg Bedrooms 3.23 beds 3.25 beds 3.25 beds 3.28 beds 3.32 beds
Avg Bathrooms 3.12 baths 3.14 baths 3.15 baths 3.18 baths 3.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 160 $431,737 164 days
Broughton 311 $793,039 111 days
Leesville Road 146 $647,961 65 days
Sanderson 195 $600,117 78 days
Wake County Schools 309 $454,831 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,838 $557,213 85 days
Distressed Homes 7 $502,814 195 days
Multi-Million Dollar Homes 186 $1,698,003 164 days
Newly Built Homes 643 $670,564 163 days
Homes with a Pool 381 $566,982 99 days
Reduced Price Homes 13 $653,524 39 days
RE/MAX Capital
Laura Lennon - Broker In Charge
4700 Six Forks Road, Suite #130
Raleigh, NC 27609
919-389-4242
Rhea Bryson
315 S. Salem Street, Suite 312
Apex, NC 27502
919-228-8070

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 November 28, 2021
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