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Raleigh Market Report

$782,528

AVERAGE PRICE OF 1,911 HOMES

$2,114,215

AVERAGE PRICE OF 357 MULTI-MILLION DOLLAR HOMES

$904,565

AVERAGE PRICE OF 730 NEWLY BUILT HOMES

$838,798

AVERAGE PRICE OF 337 HOMES WITH A POOL

$865,767

AVERAGE PRICE OF 74 REDUCED PRICE HOMES

Average Home

Average Price $782,528
Avg Bedrooms 3.14 beds
Avg Bathrooms 3.04 baths

Average Price by Bedrooms

1 bedroom $331,044
2 bedrooms $392,461
3 bedrooms $481,036
4 bedrooms $873,154
5 bedrooms $1,657,290
Raleigh Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 1,920 1,899 1,835 1,841 1,737
Average Price $779,970 $754,897 $717,105 $698,220 $710,933
Avg Price Change +3.32% +5.27% +2.70% -1.82% +2.25%
Median Price $483,881 $474,149 $457,045 $450,000 $455,560
Med Price Change +2.05% +3.74% +1.57% -1.24% +0.87%
Avg Bedrooms 3.13 beds 3.12 beds 3.1 beds 3.1 beds 3.12 beds
Avg Bathrooms 3.04 baths 3.05 baths 3.02 baths 3.01 baths 3.04 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 376 $1,060,375 118 days
Leesville Road 143 $674,506 52 days
Millbrook 177 $1,315,163 79 days
Sanderson 153 $914,832 68 days
Wake County Schools 284 $632,698 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,911 $782,528 87 days
Multi-Million Dollar Homes 357 $2,114,215 122 days
Newly Built Homes 730 $904,565 132 days
Homes with a Pool 337 $838,798 74 days
Reduced Price Homes 74 $865,767 68 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 June 4, 2023
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