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Raleigh Market Report

$761,135

AVERAGE PRICE OF 2,075 HOMES

$294,525

AVERAGE PRICE OF 8 DISTRESSED HOMES

$2,147,727

AVERAGE PRICE OF 361 MULTI-MILLION DOLLAR HOMES

$898,069

AVERAGE PRICE OF 822 NEWLY BUILT HOMES

$785,955

AVERAGE PRICE OF 339 HOMES WITH A POOL

$638,244

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $761,135
Avg Bedrooms 3.09 beds
Avg Bathrooms 3.02 baths

Average Price by Bedrooms

1 bedroom $385,459
2 bedrooms $386,555
3 bedrooms $475,057
4 bedrooms $913,665
5 bedrooms $1,565,232
Raleigh Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 2,057 2,054 1,921 1,931 1,939
Average Price $764,824 $774,491 $772,752 $756,378 $769,453
Avg Price Change -1.26% +0.23% +2.16% -1.73% -1.85%
Median Price $482,829 $481,504 $477,648 $474,689 $478,445
Med Price Change +0.28% +0.81% +0.62% -0.79% -2.02%
Avg Bedrooms 3.1 beds 3.14 beds 3.15 beds 3.16 beds 3.16 beds
Avg Bathrooms 3.02 baths 3.05 baths 3.06 baths 3.02 baths 3.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 366 $1,124,060 177 days
Leesville Road 181 $603,357 86 days
Millbrook 169 $1,271,161 118 days
Sanderson 189 $823,315 78 days
Wake County Schools 322 $601,415 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,075 $761,135 110 days
Distressed Homes 8 $294,525 51 days
Multi-Million Dollar Homes 361 $2,147,727 158 days
Newly Built Homes 822 $898,069 161 days
Homes with a Pool 339 $785,955 93 days
Reduced Price Homes 18 $638,244 71 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 December 4, 2023
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