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Raleigh Market Report

$544,616

AVERAGE PRICE OF 2,014 HOMES

$355,125

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,653,442

AVERAGE PRICE OF 201 MULTI-MILLION DOLLAR HOMES

$645,013

AVERAGE PRICE OF 683 NEWLY BUILT HOMES

$545,082

AVERAGE PRICE OF 473 HOMES WITH A POOL

$445,840

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $544,616
Avg Bedrooms 3.25 beds
Avg Bathrooms 3.13 baths

Average Price by Bedrooms

1 bedroom $297,058
2 bedrooms $343,908
3 bedrooms $406,284
4 bedrooms $684,857
5 bedrooms $1,146,515
Raleigh Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 1,994 1,977 2,003 2,137 2,076
Average Price $546,505 $548,671 $544,459 $540,959 $541,124
Avg Price Change -0.40% +0.77% +0.65% -0.03% +0.00%
Median Price $407,826 $411,076 $411,536 $410,305 $408,737
Med Price Change -0.80% -0.11% +0.30% +0.38% +1.73%
Avg Bedrooms 3.25 beds 3.28 beds 3.32 beds 3.32 beds 3.32 beds
Avg Bathrooms 3.15 baths 3.18 baths 3.21 baths 3.24 baths 3.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 198 $435,081 123 days
Broughton 349 $798,195 84 days
Millbrook 155 $842,397 73 days
Sanderson 201 $571,358 66 days
Wake County Schools 322 $449,169 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,014 $544,616 75 days
Distressed Homes 8 $355,125 183 days
Multi-Million Dollar Homes 201 $1,653,442 150 days
Newly Built Homes 683 $645,013 147 days
Homes with a Pool 473 $545,082 79 days
Reduced Price Homes 36 $445,840 30 days
Keller Williams Preferred Realty
Kim Pappalardo
7751 Briercreek Parkway
Raleigh, NC 27617
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 2021 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 September 22, 2021
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