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

$2,077,411

AVERAGE PRICE OF 562 MULTI-MILLION DOLLAR HOMES

$1,055,638

AVERAGE PRICE OF 847 NEWLY BUILT HOMES

$813,432

AVERAGE PRICE OF 828 HOMES WITH A POOL

$635,475

AVERAGE PRICE OF 204 REDUCED PRICE HOMES

$185,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price n/a
Avg Bedrooms 2.56 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $332,568
2 bedrooms $364,077
3 bedrooms $459,168
4 bedrooms $1,063,185
5 bedrooms $1,269,257
Raleigh Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 2,967 2,753 2,567 2,282 2,084
Average Price n/a $762,578 $763,889 $755,111 $753,264
Avg Price Change n/a -0.17% +1.16% +0.25% -0.25%
Median Price $488,767 $478,458 $481,190 $478,177 $483,008
Med Price Change +2.15% -0.57% +0.63% -1.01% -1.20%
Avg Bedrooms 2.65 beds 2.63 beds 2.69 beds 2.67 beds 2.58 beds
Avg Bathrooms 2.57 baths 2.59 baths 2.65 baths 2.64 baths 2.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 600 $1,062,236 98 days
Wake 10 $636,984 137 days
Total Homes Average Price Avg Days on Site
All Homes 3,065 n/a 87 days
Multi-Million Dollar Homes 562 $2,077,411 128 days
Newly Built Homes 847 $1,055,638 105 days
Homes with a Pool 828 $813,432 40 days
Reduced Price Homes 204 $635,475 96 days
Distressed Homes 1 $185,000 120 days
The Oceanaire Realty
308 Hwy 17 N
Holly Ridge, NC 28445
Triangle: 833-OAR-1234 | Coast: 833-OCN-AIRE

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