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Raleigh Market Report

$766,692

AVERAGE PRICE OF 3,639 HOMES

$471,592

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,143,335

AVERAGE PRICE OF 646 MULTI-MILLION DOLLAR HOMES

$923,056

AVERAGE PRICE OF 1,468 NEWLY BUILT HOMES

$849,249

AVERAGE PRICE OF 523 HOMES WITH A POOL

$551,069

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $766,692
Avg Bedrooms 3.11 beds
Avg Bathrooms 3.06 baths

Average Price by Bedrooms

1 bedroom $367,102
2 bedrooms $365,833
3 bedrooms $476,689
4 bedrooms $743,758
5 bedrooms $1,614,537
Raleigh Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 2,063 2,059 1,926 1,936 1,942
Average Price $764,081 $773,869 $772,054 $755,699 $768,773
Avg Price Change -1.28% +0.24% +2.16% -1.73% -1.84%
Median Price $482,681 $481,440 $477,362 $474,425 $478,163
Med Price Change +0.26% +0.85% +0.62% -0.79% -2.02%
Avg Bedrooms 3.06 beds 3.05 beds 3.05 beds 2.85 beds 2.53 beds
Avg Bathrooms 2.84 baths 2.9 baths 2.8 baths 2.81 baths 2.8 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 366 $1,124,033 182 days
Leesville Road 181 $603,164 91 days
Millbrook 169 $1,271,007 123 days
Sanderson 189 $823,358 83 days
Wake - Broughton 281 $1,094,468 6 days
Wake - Leesville Road 129 $639,617 5 days
Wake - Millbrook 139 $1,300,334 5 days
Wake - Sanderson 128 $895,687 5 days
Wake County Schools 539 $584,998 54 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,639 $766,692 53 days
Distressed Homes 18 $471,592 31 days
Multi-Million Dollar Homes 646 $2,143,335 84 days
Newly Built Homes 1,468 $923,056 60 days
Homes with a Pool 523 $849,249 36 days
Reduced Price Homes 48 $551,069 28 days
Heart of Carolina Homes
Sherrie Osborne
309 Arlington Avenue
Burlington, NC 27215
336-508-4315

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Last updated: December 9, 2023
Information Deemed Reliable But Not Guaranteed.
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 9, 2023
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