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Raleigh Market Report

$638,751

AVERAGE PRICE OF 2,120 HOMES

$555,714

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,835,578

AVERAGE PRICE OF 259 MULTI-MILLION DOLLAR HOMES

$815,523

AVERAGE PRICE OF 721 NEWLY BUILT HOMES

$672,432

AVERAGE PRICE OF 464 HOMES WITH A POOL

$527,992

AVERAGE PRICE OF 127 REDUCED PRICE HOMES

Average Home

Average Price $638,751
Avg Bedrooms 3.34 beds
Avg Bathrooms 3.22 baths

Average Price by Bedrooms

1 bedroom $296,627
2 bedrooms $395,415
3 bedrooms $440,264
4 bedrooms $804,504
5 bedrooms $1,280,322
Raleigh Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 2,061 n/a n/a n/a 1,517
Average Price $639,789 n/a n/a n/a $588,152
Avg Price Change n/a n/a n/a n/a +2.93%
Median Price $462,500 n/a n/a n/a $433,484
Med Price Change n/a n/a n/a n/a +0.94%
Avg Bedrooms 3.35 beds n/a n/a n/a 3.27 beds
Avg Bathrooms 3.23 baths n/a n/a n/a 3.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 313 $941,059 134 days
Leesville Road 166 $640,521 76 days
Millbrook 186 $1,006,255 76 days
Sanderson 182 $712,102 58 days
Wake County Schools 311 $546,313 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,120 $638,751 87 days
Distressed Homes 7 $555,714 182 days
Multi-Million Dollar Homes 259 $1,835,578 115 days
Newly Built Homes 721 $815,523 161 days
Homes with a Pool 464 $672,432 94 days
Reduced Price Homes 127 $527,992 48 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 2022 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 August 19, 2022
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