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Raleigh

Why you'd want to live in Raleigh

Raleigh serves as the capital city of North Carolina and is renowned for its dynamic blend of culture, education, and economic opportunities. As part of the Research Triangle region alongside Durham and Chapel Hill, Raleigh is home to several prestigious universities and research institutions that contribute to its reputation as a hub of innovation. The city offers a rich array of cultural attractions including museums, theaters, music venues, and festivals that celebrate the arts throughout the year. Additionally, Raleigh’s extensive park system provides ample opportunities for outdoor activities such as hiking, biking, and enjoying nature within urban settings. With a growing job market driven by technology companies and healthcare sectors, Raleigh attracts professionals from various fields looking to advance their careers while enjoying a high quality of life. Its diverse neighborhoods cater to different lifestyles whether one prefers bustling urban living or quieter suburban areas.

Raleigh Market Report

$766,297

AVERAGE PRICE OF 3,038 HOMES

$185,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,086,738

AVERAGE PRICE OF 549 MULTI-MILLION DOLLAR HOMES

$1,038,524

AVERAGE PRICE OF 853 NEWLY BUILT HOMES

$808,501

AVERAGE PRICE OF 839 HOMES WITH A POOL

$694,506

AVERAGE PRICE OF 191 REDUCED PRICE HOMES

Average Home

Average Price $766,297
Avg Bedrooms 3.24 beds
Avg Bathrooms 3.14 baths

Average Price by Bedrooms

1 bedroom $327,731
2 bedrooms $374,882
3 bedrooms $493,757
4 bedrooms $910,238
5 bedrooms $1,610,428
Raleigh Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 2,942 2,728 2,544 2,261 2,069
Average Price $771,418 $764,602 $765,834 $757,097 $754,605
Avg Price Change +0.89% -0.16% +1.15% +0.33% -0.18%
Median Price $489,612 $479,180 $481,919 $478,866 $483,528
Med Price Change +2.18% -0.57% +0.64% -0.97% -1.16%
Avg Bedrooms 3.22 beds 3.19 beds 3.21 beds 3.17 beds 3.18 beds
Avg Bathrooms 3.13 baths 3.12 baths 3.11 baths 3.06 baths 3.06 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 597 $1,061,897 97 days
Total Homes Average Price Avg Days on Site
All Homes 3,038 $766,297 83 days
Distressed Homes 1 $185,000 126 days
Multi-Million Dollar Homes 549 $2,086,738 132 days
Newly Built Homes 853 $1,038,524 119 days
Homes with a Pool 839 $808,501 71 days
Reduced Price Homes 191 $694,506 75 days
Rob's Properties Inc.
Robert Roe
1776 Heritage Center Drive Suite #204
Wake Forest, NC 27587
919-753-5871

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 2025 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, 2025
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