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Raleigh

Why you'd want to live in Raleigh

Vibrant diversity meets Southern hospitality in North Carolina’s capital 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. From Museums to Music Whether you’re an art aficionado, history buff or traveling with little ones, Raleigh has a museum for you. Explore more than 5,000 years of art history at the North Carolina Museum of Art, which boasts the largest museum art park in the USA. The Contemporary Art Musem (CAM) doesn’t have a permanent collection, which means art lovers will always find new exhibits. At the North Carolina Museum of Natural Sciences, learn all about native flora and fauna – and attend an event inside a three-story-tall replica globe! Or, learn all about state history at the North Carolina Museum of History. Best of all? All four facilities are free. After dark, the city’s music scene comes to life. Check out hot spots including a speakeasy-style jazz club at C. Grace, indie rock at Neptune’s and Kings, or national acts at Red Hat Amphitheater. via visittheusa.com

Raleigh Market Report

$782,971

AVERAGE PRICE OF 2,392 HOMES

$625,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,026,773

AVERAGE PRICE OF 457 MULTI-MILLION DOLLAR HOMES

$950,121

AVERAGE PRICE OF 806 NEWLY BUILT HOMES

$747,423

AVERAGE PRICE OF 569 HOMES WITH A POOL

$706,717

AVERAGE PRICE OF 124 REDUCED PRICE HOMES

Average Home

Average Price $782,971
Avg Bedrooms 3.25 beds
Avg Bathrooms 3.14 baths

Average Price by Bedrooms

1 bedroom $425,585
2 bedrooms $402,080
3 bedrooms $508,985
4 bedrooms $933,964
5 bedrooms $1,585,020
Raleigh Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 2,295 2,112 2,055 1,932 1,821
Average Price $782,707 $794,348 $789,943 $777,033 $780,782
Avg Price Change -1.49% +0.56% +1.66% -0.48% +2.81%
Median Price $516,240 $513,910 $506,367 $485,309 $478,124
Med Price Change +0.45% +1.49% +4.34% +1.50% +0.37%
Avg Bedrooms 3.19 beds 3.15 beds 3.15 beds 3.1 beds 3.1 beds
Avg Bathrooms 3.1 baths 3.09 baths 3.09 baths 3.05 baths 3.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 461 $1,085,641 126 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,392 $782,971 82 days
Distressed Homes 1 $625,000 17 days
Multi-Million Dollar Homes 457 $2,026,773 128 days
Newly Built Homes 806 $950,121 129 days
Homes with a Pool 569 $747,423 58 days
Reduced Price Homes 124 $706,717 63 days
Raleigh Is Growing Real Estate
Bradley Sterman
213 E Lane St
Raleigh, NC 27601
919-985-4490

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 June 20, 2024
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