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Raleigh Market Report

$698,288

AVERAGE PRICE OF 1,800 HOMES

$709,500

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,049,407

AVERAGE PRICE OF 280 MULTI-MILLION DOLLAR HOMES

$878,558

AVERAGE PRICE OF 698 NEWLY BUILT HOMES

$771,544

AVERAGE PRICE OF 263 HOMES WITH A POOL

$520,916

AVERAGE PRICE OF 71 REDUCED PRICE HOMES

Average Home

Average Price $698,288
Avg Bedrooms 3.11 beds
Avg Bathrooms 3.02 baths

Average Price by Bedrooms

1 bedroom $288,474
2 bedrooms $370,396
3 bedrooms $446,268
4 bedrooms $828,408
5 bedrooms $1,488,476
Raleigh Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,737 1,920 2,137 2,243 2,253
Average Price $710,933 $695,265 $682,662 $675,917 $660,451
Avg Price Change +2.25% +1.85% +1.00% +2.34% +0.96%
Median Price $455,560 $451,626 $455,110 $462,759 $460,381
Med Price Change +0.87% -0.77% -1.68% +0.52% -0.52%
Avg Bedrooms 3.12 beds 3.13 beds 3.15 beds 3.15 beds 3.14 beds
Avg Bathrooms 3.04 baths 3.02 baths 3.04 baths 3.04 baths 3.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 135 $587,739 105 days
Broughton 321 $970,210 123 days
Millbrook 125 $1,268,480 97 days
Sanderson 153 $828,768 73 days
Wake County Schools 281 $560,653 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,800 $698,288 90 days
Distressed Homes 3 $709,500 75 days
Multi-Million Dollar Homes 280 $2,049,407 124 days
Newly Built Homes 698 $878,558 120 days
Homes with a Pool 263 $771,544 84 days
Reduced Price Homes 71 $520,916 73 days
Real Broker, LLC
Kim Pappalardo
5960 Fairview Rd Ste. 400
Charlotte, NC 28210
919-608-2085

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 2023 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 February 4, 2023
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