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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

$768,919

AVERAGE PRICE OF 2,472 HOMES

$594,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,024,566

AVERAGE PRICE OF 451 MULTI-MILLION DOLLAR HOMES

$947,592

AVERAGE PRICE OF 831 NEWLY BUILT HOMES

$741,204

AVERAGE PRICE OF 626 HOMES WITH A POOL

$615,732

AVERAGE PRICE OF 151 REDUCED PRICE HOMES

Average Home

Average Price $768,919
Avg Bedrooms 3.27 beds
Avg Bathrooms 3.14 baths

Average Price by Bedrooms

1 bedroom $425,287
2 bedrooms $401,810
3 bedrooms $504,137
4 bedrooms $916,011
5 bedrooms $1,546,823
Raleigh Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 2,372 2,295 2,112 2,055 1,932
Average Price $781,593 $782,707 $794,348 $789,943 $777,033
Avg Price Change -0.14% -1.49% +0.56% +1.66% -0.48%
Median Price $517,755 $516,240 $513,910 $506,367 $485,309
Med Price Change +0.29% +0.45% +1.49% +4.34% +1.50%
Avg Bedrooms 3.23 beds 3.19 beds 3.15 beds 3.15 beds 3.1 beds
Avg Bathrooms 3.13 baths 3.1 baths 3.09 baths 3.09 baths 3.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 466 $1,063,880 116 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,472 $768,919 80 days
Distressed Homes 2 $594,000 35 days
Multi-Million Dollar Homes 451 $2,024,566 132 days
Newly Built Homes 831 $947,592 123 days
Homes with a Pool 626 $741,204 57 days
Reduced Price Homes 151 $615,732 59 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 2024 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 July 21, 2024
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