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Raleigh Market Report

$520,210

AVERAGE PRICE OF 2,483 HOMES

$454,465

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,548,332

AVERAGE PRICE OF 227 MULTI-MILLION DOLLAR HOMES

$626,316

AVERAGE PRICE OF 783 NEWLY BUILT HOMES

$512,202

AVERAGE PRICE OF 626 HOMES WITH A POOL

$540,982

AVERAGE PRICE OF 58 REDUCED PRICE HOMES

Average Home

Average Price $520,210
Avg Bedrooms 3.42 beds
Avg Bathrooms 3.33 baths

Average Price by Bedrooms

1 bedroom $301,961
2 bedrooms $327,730
3 bedrooms $365,751
4 bedrooms $609,285
5 bedrooms $938,735
Raleigh Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 2,518 2,573 2,570 2,493 2,392
Average Price $525,495 $525,865 $519,809 $513,970 $507,401
Avg Price Change -0.07% +1.17% +1.14% +1.29% -0.70%
Median Price $399,836 $393,024 $386,021 $378,509 $375,640
Med Price Change +1.73% +1.81% +1.98% +0.76% -1.96%
Avg Bedrooms 3.45 beds 3.45 beds 3.45 beds 3.45 beds 3.44 beds
Avg Bathrooms 3.37 baths 3.39 baths 3.37 baths 3.35 baths 3.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 406 $776,733 99 days
Leesville Road 241 $508,241 78 days
Millbrook 262 $751,679 93 days
Sanderson 227 $507,538 62 days
Wake Cty School District 423 $456,754 160 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,483 $520,210 94 days
Distressed Homes 12 $454,465 114 days
Multi-Million Dollar Homes 227 $1,548,332 196 days
Newly Built Homes 783 $626,316 183 days
Homes with a Pool 626 $512,202 75 days
Reduced Price Homes 58 $540,982 47 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 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 September 29, 2020
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