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Raleigh Market Report

$488,388

AVERAGE PRICE OF 2,520 HOMES

$319,056

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,579,483

AVERAGE PRICE OF 173 MULTI-MILLION DOLLAR HOMES

$596,675

AVERAGE PRICE OF 760 NEWLY BUILT HOMES

$486,748

AVERAGE PRICE OF 651 HOMES WITH A POOL

$490,355

AVERAGE PRICE OF 89 REDUCED PRICE HOMES

Average Home

Average Price $488,388
Avg Bedrooms 3.51 beds
Avg Bathrooms 3.33 baths

Average Price by Bedrooms

1 bedroom $310,834
2 bedrooms $289,244
3 bedrooms $344,435
4 bedrooms $576,046
5 bedrooms $762,310
Raleigh Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 2,308 2,098 2,174 2,451 2,513
Average Price $482,304 $490,356 $496,761 $492,002 $496,851
Avg Price Change -1.67% -1.31% +0.97% -0.99% +0.45%
Median Price $370,620 $376,126 $384,374 $376,930 $385,576
Med Price Change -1.49% -2.19% +1.97% -2.29% -0.88%
Avg Bedrooms 3.5 beds 3.51 beds 3.54 beds 3.52 beds 3.56 beds
Avg Bathrooms 3.31 baths 3.34 baths 3.36 baths 3.36 baths 3.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wake - Broughton 427 $746,424 104 days
Wake - Leesville Road 284 $477,795 96 days
Wake - Millbrook 209 $736,768 93 days
Wake - Sanderson 229 $485,900 88 days
Wake Cty School District 398 $430,336 104 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,520 $488,388 91 days
Distressed Homes 16 $319,056 121 days
Multi-Million Dollar Homes 173 $1,579,483 147 days
Newly Built Homes 760 $596,675 169 days
Homes with a Pool 651 $486,748 65 days
Reduced Price Homes 89 $490,355 77 days
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 2019 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 March 23, 2019
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