Raleigh Market Report
$769,033
AVERAGE PRICE OF 2,631 HOMES$550,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$2,060,030
AVERAGE PRICE OF 475 MULTI-MILLION DOLLAR HOMES$968,140
AVERAGE PRICE OF 900 NEWLY BUILT HOMES$738,961
AVERAGE PRICE OF 668 HOMES WITH A POOL$615,257
AVERAGE PRICE OF 149 REDUCED PRICE HOMESAverage Home
| Average Price | $769,033 |
| Avg Bedrooms | 3.23 beds |
| Avg Bathrooms | 3.13 baths |
Average Price by Bedrooms
| 1 bedroom | $385,737 |
| 2 bedrooms | $441,183 |
| 3 bedrooms | $499,989 |
| 4 bedrooms | $913,129 |
| 5 bedrooms | $1,571,715 |
Raleigh Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 2,560 | 2,434 | 2,423 | 2,372 | 2,295 |
| Average Price | $764,490 | $768,442 | $777,724 | $781,593 | $782,707 |
| Avg Price Change | -0.52% | -1.21% | -0.50% | -0.14% | -1.49% |
| Median Price | $501,357 | $512,794 | $512,048 | $517,755 | $516,240 |
| Med Price Change | -2.28% | +0.15% | -1.11% | +0.29% | +0.45% |
| Avg Bedrooms | 3.24 beds | 3.25 beds | 3.26 beds | 3.23 beds | 3.19 beds |
| Avg Bathrooms | 3.12 baths | 3.13 baths | 3.14 baths | 3.13 baths | 3.1 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Broughton | 508 | $1,078,949 | 123 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,631 | $769,033 | 88 days |
| Distressed Homes | 1 | $550,000 | 8 days |
| Multi-Million Dollar Homes | 475 | $2,060,030 | 133 days |
| Newly Built Homes | 900 | $968,140 | 129 days |
| Homes with a Pool | 668 | $738,961 | 66 days |
| Reduced Price Homes | 149 | $615,257 | 65 days |
