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Raleigh

Raleigh Market Report

$695,186

AVERAGE PRICE OF 1,821 HOMES

$876,597

AVERAGE PRICE OF 698 NEWLY BUILT HOMES

$709,500

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,057,392

AVERAGE PRICE OF 278 MULTI-MILLION DOLLAR HOMES

$772,738

AVERAGE PRICE OF 263 HOMES WITH A POOL

$518,678

AVERAGE PRICE OF 70 REDUCED PRICE HOMES

Average Home

Average Price $695,186
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.65 baths

Average Price by Bedrooms

1 bedroom $288,474
2 bedrooms $350,823
3 bedrooms $433,769
4 bedrooms $771,972
5 bedrooms $1,005,463
Raleigh Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,746 1,927 2,145 2,251 2,260
Average Price $709,456 $694,120 $681,487 $674,719 $659,603
Avg Price Change +2.21% +1.85% +1.00% +2.29% +0.96%
Median Price $455,323 $451,417 $454,854 $462,469 $460,206
Med Price Change +0.87% -0.76% -1.67% +0.49% -0.51%
Avg Bedrooms 3.04 beds 2.96 beds 2.93 beds 2.86 beds 2.91 beds
Avg Bathrooms 2.73 baths 2.74 baths 2.8 baths 2.86 baths 2.83 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 135 $598,999 106 days
Broughton 322 $770,857 88 days
Knightdale 1 $515,000 18 days
Millbrook 130 $731,021 67 days
Sanderson 152 $823,983 73 days
South Garner 1 $575,000 45 days
Wake 5 $461,320 31 days
Wake County Schools 282 $560,998 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,821 $695,186 82 days
Newly Built Homes 698 $876,597 72 days
Distressed Homes 3 $709,500 76 days
Multi-Million Dollar Homes 278 $2,057,392 126 days
Homes with a Pool 263 $772,738 84 days
Reduced Price Homes 70 $518,678 74 days
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