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Raleigh

Why you'd want to live in Raleigh

Raleigh is the capital city of North Carolina. It’s known for its universities, including North Carolina State University. The number of technology and scholarly institutions around Raleigh, Chapel Hill and Durham make the area known as the Research Triangle. The North Carolina State Capitol is a 19th-century Greek Revival–style building with a statue of George Washington dressed as a Roman general in its rotunda.

Raleigh Market Report

$725,666

AVERAGE PRICE OF 1,850 HOMES

$472,525

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,053,509

AVERAGE PRICE OF 310 MULTI-MILLION DOLLAR HOMES

$904,568

AVERAGE PRICE OF 712 NEWLY BUILT HOMES

$770,442

AVERAGE PRICE OF 319 HOMES WITH A POOL

$681,709

AVERAGE PRICE OF 55 REDUCED PRICE HOMES

Average Home

Average Price $725,666
Avg Bedrooms 3.11 beds
Avg Bathrooms 3.03 baths

Average Price by Bedrooms

1 bedroom $303,154
2 bedrooms $382,761
3 bedrooms $455,328
4 bedrooms $840,730
5 bedrooms $1,582,939
Raleigh Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,841 1,737 1,920 2,137 2,243
Average Price $698,220 $710,933 $695,265 $682,662 $675,917
Avg Price Change -1.82% +2.25% +1.85% +1.00% +2.34%
Median Price $450,000 $455,560 $451,626 $455,110 $462,759
Med Price Change -1.24% +0.87% -0.77% -1.68% +0.52%
Avg Bedrooms 3.1 beds 3.12 beds 3.13 beds 3.15 beds 3.15 beds
Avg Bathrooms 3.01 baths 3.04 baths 3.02 baths 3.04 baths 3.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 147 $590,894 110 days
Broughton 340 $962,776 129 days
Millbrook 139 $1,386,004 79 days
Sanderson 156 $919,399 72 days
Wake County Schools 275 $588,072 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,850 $725,666 90 days
Distressed Homes 4 $472,525 82 days
Multi-Million Dollar Homes 310 $2,053,509 122 days
Newly Built Homes 712 $904,568 131 days
Homes with a Pool 319 $770,442 78 days
Reduced Price Homes 55 $681,709 65 days
Remax United - Debby Wimsatt Team
Debby Wimsatt
7721 Six Forks Road
Raleigh, NC 27615
919-999-6528
Email:debbywimsatt@gmail.com

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 2023 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 March 23, 2023
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