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Raleigh

Raleigh Market Report

$527,722

AVERAGE PRICE OF 2,492 HOMES

$550,350

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,494,043

AVERAGE PRICE OF 243 MULTI-MILLION DOLLAR HOMES

$624,048

AVERAGE PRICE OF 829 NEWLY BUILT HOMES

$511,978

AVERAGE PRICE OF 619 HOMES WITH A POOL

$608,977

AVERAGE PRICE OF 61 REDUCED PRICE HOMES

Average Home

Average Price $527,722
Avg Bedrooms 3.46 beds
Avg Bathrooms 3.39 baths

Average Price by Bedrooms

1 bedroom $307,341
2 bedrooms $317,439
3 bedrooms $366,015
4 bedrooms $618,417
5 bedrooms $906,169
Raleigh Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 2,573 2,570 2,493 2,392 2,422
Average Price $525,865 $519,809 $513,970 $507,401 $510,959
Avg Price Change +1.17% +1.14% +1.29% -0.70% +0.54%
Median Price $393,024 $386,021 $378,509 $375,640 $383,008
Med Price Change +1.81% +1.98% +0.76% -1.96% +1.23%
Avg Bedrooms 3.45 beds 3.45 beds 3.45 beds 3.44 beds 3.41 beds
Avg Bathrooms 3.39 baths 3.37 baths 3.35 baths 3.33 baths 3.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 236 $397,553 95 days
Broughton 408 $759,487 95 days
Leesville Road 242 $525,008 81 days
Millbrook 246 $800,519 97 days
Wake Cty School District 418 $476,692 169 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,492 $527,722 97 days
Distressed Homes 8 $550,350 183 days
Multi-Million Dollar Homes 243 $1,494,043 191 days
Newly Built Homes 829 $624,048 176 days
Homes with a Pool 619 $511,978 73 days
Reduced Price Homes 61 $608,977 80 days

School Data

Highly Rated Raleigh Schools

8

HOLLY RIDGE ELEMENTARY
Elementary School
Public

10

WILLOW SPRINGS ELEMENTARY
Elementary School
Public

9

EAST WAKE ACADEMY
High School
Public

Triangle Experts
Sharon Evans
100 Lynn Rd
Raleigh, NC 27609
919-271-3399

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 2020 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 August 5, 2020
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