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Raleigh Market Report

$691,016

AVERAGE PRICE OF 2,019 HOMES

$405,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,047,196

AVERAGE PRICE OF 301 MULTI-MILLION DOLLAR HOMES

$882,490

AVERAGE PRICE OF 733 NEWLY BUILT HOMES

$737,670

AVERAGE PRICE OF 298 HOMES WITH A POOL

$519,717

AVERAGE PRICE OF 114 REDUCED PRICE HOMES

Average Home

Average Price $691,016
Avg Bedrooms 3.13 beds
Avg Bathrooms 3.02 baths

Average Price by Bedrooms

1 bedroom $270,897
2 bedrooms $382,774
3 bedrooms $437,432
4 bedrooms $809,367
5 bedrooms $1,509,388
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 146 $560,825 85 days
Broughton 354 $944,185 94 days
Millbrook 159 $1,152,194 73 days
Sanderson 172 $836,784 66 days
Wake County Schools 303 $564,956 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,019 $691,016 76 days
Distressed Homes 3 $405,000 85 days
Multi-Million Dollar Homes 301 $2,047,196 94 days
Newly Built Homes 733 $882,490 99 days
Homes with a Pool 298 $737,670 74 days
Reduced Price Homes 114 $519,717 59 days
Ginger & Co. Keller Williams Preferred Realty
Ginger Vereen Peters
7751 Brier Creek Parkway Suite 100
Raleigh, NC 27617
919-590-0940

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 6, 2022
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