Raleigh

Why you'd want to live in Raleigh

Raleigh, the capital city of North Carolina, is a vibrant hub known for its rich history, diverse culture, and thriving economy. With a median home price around $475,000, the housing market here offers a range of options from historic homes in established neighborhoods to modern developments in rapidly growing areas. The city attracts families, professionals, and students alike, drawn by its dynamic atmosphere and high quality of life. Raleigh's neighborhoods, such as Five Points and North Hills, are known for their unique character and amenities. Residents enjoy a variety of recreational opportunities, from beautiful parks to vibrant arts and music scenes. The local education system is robust, with top-ranked public schools and several renowned universities, including North Carolina State University. The economy in Raleigh is thriving, bolstered by a mix of technology, healthcare, and education sectors. The Research Triangle Park, located nearby, provides ample employment opportunities, making it a prime destination for professionals seeking career growth. With its blend of urban convenience, cultural richness, and community spirit, Raleigh continues to be one of the most sought-after cities to live in North Carolina.

Raleigh Market Report

$763,207

AVERAGE PRICE OF 2,287 HOMES

$263,841

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,146,648

AVERAGE PRICE OF 401 MULTI-MILLION DOLLAR HOMES

$1,000,766

AVERAGE PRICE OF 754 NEWLY BUILT HOMES

$759,590

AVERAGE PRICE OF 578 HOMES WITH A POOL

$517,931

AVERAGE PRICE OF 104 REDUCED PRICE HOMES

Average Home

Average Price $763,207
Avg Bedrooms 3.18 beds
Avg Bathrooms 3.07 baths

Average Price by Bedrooms

1 bedroom $327,880
2 bedrooms $381,996
3 bedrooms $488,413
4 bedrooms $895,535
5 bedrooms $1,666,759
Raleigh Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 2,084 2,234 2,487 2,628 2,575
Average Price $753,264 $755,156 $750,278 $762,447 $763,569
Avg Price Change -0.25% +0.65% -1.62% -0.15% -0.50%
Median Price $483,008 $488,815 $494,618 $499,218 $501,056
Med Price Change -1.20% -1.19% -0.93% -0.37% -2.35%
Avg Bedrooms 2.58 beds 2.69 beds 2.61 beds 2.6 beds 2.84 beds
Avg Bathrooms 2.54 baths 2.66 baths 2.59 baths 2.54 baths 2.72 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 443 $1,075,580 132 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,287 $763,207 96 days
Distressed Homes 3 $263,841 93 days
Multi-Million Dollar Homes 401 $2,146,648 145 days
Newly Built Homes 754 $1,000,766 133 days
Homes with a Pool 578 $759,590 78 days
Reduced Price Homes 104 $517,931 76 days
The Oceanaire Realty
308 Hwy 17 N
Holly Ridge, NC 28445
Triangle: 833-OAR-1234 | Coast: 833-OCN-AIRE

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