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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 HOMES

Average 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
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 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 December 8, 2022
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