Raleigh Market Report
$689,550
AVERAGE PRICE OF 2,015 HOMES$405,000
AVERAGE PRICE OF 3 DISTRESSED HOMES$2,037,834
AVERAGE PRICE OF 300 MULTI-MILLION DOLLAR HOMES$883,815
AVERAGE PRICE OF 738 NEWLY BUILT HOMES$733,471
AVERAGE PRICE OF 295 HOMES WITH A POOL$519,694
AVERAGE PRICE OF 105 REDUCED PRICE HOMESAverage Home
| Average Price | $689,550 |
| Avg Bedrooms | 3.13 beds |
| Avg Bathrooms | 3.01 baths |
Average Price by Bedrooms
| 1 bedroom | $269,875 |
| 2 bedrooms | $384,902 |
| 3 bedrooms | $437,573 |
| 4 bedrooms | $812,169 |
| 5 bedrooms | $1,490,936 |
Raleigh Home Price Trends
| 11/2022 | 10/2022 | 9/2022 | 8/2022 | 7/2022 | |
|---|---|---|---|---|---|
| Total Listings | 2,137 | 2,243 | 2,253 | 2,225 | 2,190 |
| Average Price | $682,662 | $675,917 | $660,451 | $654,139 | $655,945 |
| Avg Price Change | +1.00% | +2.34% | +0.96% | -0.28% | n/a |
| Median Price | $455,110 | $462,759 | $460,381 | $462,753 | $464,334 |
| Med Price Change | -1.68% | +0.52% | -0.52% | -0.34% | n/a |
| Avg Bedrooms | 3.15 beds | 3.15 beds | 3.14 beds | 3.15 beds | 3.15 beds |
| Avg Bathrooms | 3.04 baths | 3.04 baths | 3.04 baths | 3.04 baths | 3.04 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Athens Dr | 145 | $563,183 | 86 days |
| Broughton | 354 | $933,177 | 95 days |
| Millbrook | 160 | $1,160,487 | 72 days |
| Sanderson | 170 | $826,834 | 66 days |
| Wake County Schools | 303 | $565,484 | 73 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,015 | $689,550 | 76 days |
| Distressed Homes | 3 | $405,000 | 86 days |
| Multi-Million Dollar Homes | 300 | $2,037,834 | 94 days |
| Newly Built Homes | 738 | $883,815 | 99 days |
| Homes with a Pool | 295 | $733,471 | 75 days |
| Reduced Price Homes | 105 | $519,694 | 58 days |
