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Raleigh Market Report

$785,537

AVERAGE PRICE OF 1,914 HOMES

$2,117,782

AVERAGE PRICE OF 359 MULTI-MILLION DOLLAR HOMES

$913,790

AVERAGE PRICE OF 718 NEWLY BUILT HOMES

$853,086

AVERAGE PRICE OF 338 HOMES WITH A POOL

$746,605

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $785,537
Avg Bedrooms 3.13 beds
Avg Bathrooms 3.03 baths

Average Price by Bedrooms

1 bedroom $329,399
2 bedrooms $387,260
3 bedrooms $484,012
4 bedrooms $881,944
5 bedrooms $1,670,532
Raleigh Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 1,899 1,835 1,841 1,737 1,920
Average Price $754,897 $717,105 $698,220 $710,933 $695,265
Avg Price Change +5.27% +2.70% -1.82% +2.25% +1.85%
Median Price $474,149 $457,045 $450,000 $455,560 $451,626
Med Price Change +3.74% +1.57% -1.24% +0.87% -0.77%
Avg Bedrooms 3.12 beds 3.1 beds 3.1 beds 3.12 beds 3.13 beds
Avg Bathrooms 3.05 baths 3.02 baths 3.01 baths 3.04 baths 3.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 389 $1,039,952 114 days
Leesville Road 141 $674,729 50 days
Millbrook 176 $1,329,740 77 days
Sanderson 155 $923,610 70 days
Wake County Schools 281 $644,965 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,914 $785,537 87 days
Multi-Million Dollar Homes 359 $2,117,782 121 days
Newly Built Homes 718 $913,790 132 days
Homes with a Pool 338 $853,086 76 days
Reduced Price Homes 64 $746,605 74 days
TLC Realty Group
Tammi Knapp
102 Commonwealth Ct, Ste I
Cary, NC 27511
919-995-0397

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 May 28, 2023
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