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Raleigh Market Report

$494,669

AVERAGE PRICE OF 2,781 HOMES

$350,946

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,555,446

AVERAGE PRICE OF 209 MULTI-MILLION DOLLAR HOMES

$599,773

AVERAGE PRICE OF 747 NEWLY BUILT HOMES

$488,242

AVERAGE PRICE OF 737 HOMES WITH A POOL

$520,347

AVERAGE PRICE OF 124 REDUCED PRICE HOMES

Average Home

Average Price $494,669
Avg Bedrooms 3.51 beds
Avg Bathrooms 3.34 baths

Average Price by Bedrooms

1 bedroom $262,074
2 bedrooms $292,887
3 bedrooms $346,796
4 bedrooms $584,535
5 bedrooms $784,073
Raleigh Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 2,806 2,634 2,460 2,308 2,098
Average Price $496,278 $495,625 $487,411 $482,304 $490,356
Avg Price Change +0.13% +1.69% +1.06% -1.67% -1.31%
Median Price $375,678 $378,591 $374,416 $370,620 $376,126
Med Price Change -0.78% +1.12% +1.02% -1.49% -2.19%
Avg Bedrooms 3.5 beds 3.51 beds 3.51 beds 3.5 beds 3.51 beds
Avg Bathrooms 3.37 baths 3.35 baths 3.32 baths 3.31 baths 3.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wake - Broughton 445 $766,838 97 days
Wake - Leesville Road 301 $462,135 75 days
Wake - Millbrook 260 $741,594 91 days
Wake - Sanderson 280 $455,577 66 days
Wake Cty School District 419 $452,069 117 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,781 $494,669 84 days
Distressed Homes 20 $350,946 101 days
Multi-Million Dollar Homes 209 $1,555,446 160 days
Newly Built Homes 747 $599,773 160 days
Homes with a Pool 737 $488,242 67 days
Reduced Price Homes 124 $520,347 75 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 June 18, 2019