Raleigh Market Report

$516,630

AVERAGE PRICE OF 2,550 HOMES

$368,845

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,591,991

AVERAGE PRICE OF 223 MULTI-MILLION DOLLAR HOMES

$617,395

AVERAGE PRICE OF 804 NEWLY BUILT HOMES

$509,199

AVERAGE PRICE OF 671 HOMES WITH A POOL

$569,721

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

Average Home

Average Price $516,630
Avg Bedrooms 3.45 beds
Avg Bathrooms 3.35 baths

Average Price by Bedrooms

1 bedroom $301,725
2 bedrooms $303,986
3 bedrooms $360,785
4 bedrooms $626,365
5 bedrooms $865,050
Raleigh Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 2,392 2,422 2,257 2,062 2,266
Average Price $507,401 $510,959 $508,216 $514,283 $505,843
Avg Price Change -0.70% +0.54% -1.19% +1.67% +4.07%
Median Price $375,640 $383,008 $378,359 $377,829 $374,427
Med Price Change -1.96% +1.23% +0.14% +0.91% +1.67%
Avg Bedrooms 3.44 beds 3.41 beds 3.4 beds 3.41 beds 3.44 beds
Avg Bathrooms 3.33 baths 3.31 baths 3.29 baths 3.29 baths 3.3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 383 $771,238 94 days
Leesville Road 294 $482,456 74 days
Millbrook 254 $748,370 97 days
Sanderson 192 $530,173 69 days
Wake Cty School District 431 $496,038 159 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,550 $516,630 97 days
Distressed Homes 11 $368,845 86 days
Multi-Million Dollar Homes 223 $1,591,991 180 days
Newly Built Homes 804 $617,395 175 days
Homes with a Pool 671 $509,199 69 days
Reduced Price Homes 50 $569,721 94 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 2020 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 May 28, 2020