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Raleigh Market Report

$551,039

AVERAGE PRICE OF 1,720 HOMES

$764,826

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,602,703

AVERAGE PRICE OF 190 MULTI-MILLION DOLLAR HOMES

$641,709

AVERAGE PRICE OF 670 NEWLY BUILT HOMES

$524,447

AVERAGE PRICE OF 417 HOMES WITH A POOL

$482,343

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $551,039
Avg Bedrooms 3.34 beds
Avg Bathrooms 3.33 baths

Average Price by Bedrooms

1 bedroom $295,151
2 bedrooms $341,816
3 bedrooms $392,217
4 bedrooms $657,338
5 bedrooms $1,070,131
Raleigh Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 1,936 2,289 2,429 2,457 2,518
Average Price $539,712 $523,252 $524,954 $525,343 $525,495
Avg Price Change +3.15% -0.33% -0.07% -0.03% -0.07%
Median Price $387,072 $388,651 $395,844 $397,253 $399,836
Med Price Change -0.41% -1.85% -0.36% -0.65% +1.73%
Avg Bedrooms 3.36 beds 3.38 beds 3.41 beds 3.43 beds 3.45 beds
Avg Bathrooms 3.32 baths 3.31 baths 3.33 baths 3.35 baths 3.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 161 $445,718 113 days
Broughton 300 $807,340 123 days
Leesville Road 155 $540,899 77 days
Rolesville 144 $308,272 93 days
Wake Cty School District 317 $453,715 162 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,720 $551,039 108 days
Distressed Homes 7 $764,826 129 days
Multi-Million Dollar Homes 190 $1,602,703 207 days
Newly Built Homes 670 $641,709 151 days
Homes with a Pool 417 $524,447 92 days
Reduced Price Homes 36 $482,343 62 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 January 15, 2021
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