Raleigh Market Report

$746,350

AVERAGE PRICE OF 3,387 HOMES

$2,092,301

AVERAGE PRICE OF 595 MULTI-MILLION DOLLAR HOMES

$919,865

AVERAGE PRICE OF 1,393 NEWLY BUILT HOMES

$990,975

AVERAGE PRICE OF 367 HOMES WITH A POOL

$472,525

AVERAGE PRICE OF 4 DISTRESSED HOMES

$653,060

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $746,350
Avg Bedrooms 3.13 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $330,504
2 bedrooms $400,780
3 bedrooms $423,140
4 bedrooms $854,437
5 bedrooms $1,245,576
Raleigh Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 3,395 1,746 1,927 2,145 2,251
Average Price $720,936 $709,456 $694,120 $681,487 $674,719
Avg Price Change +1.62% +2.21% +1.85% +1.00% +2.29%
Median Price $452,964 $455,323 $451,417 $454,854 $462,469
Med Price Change -0.52% +0.87% -0.76% -1.67% +0.49%
Avg Bedrooms 3.14 beds 3.04 beds 2.96 beds 2.93 beds 2.86 beds
Avg Bathrooms 2.77 baths 2.73 baths 2.74 baths 2.8 baths 2.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Athens Dr 147 $586,318 111 days
Broughton 348 $756,626 138 days
Knightdale 1 $500,000 65 days
Leesville Road 1 $315,000 15 days
Millbrook 142 $1,371,873 79 days
Sanderson 162 $899,149 70 days
South Garner 1 $279,900 n/a
Wake 2 $629,950 55 days
Wake - Broughton 277 $1,006,879 37 days
Wake - Millbrook 130 $1,468,850 34 days
Wake - Rolesville 100 $414,971 36 days
Wake - Sanderson 113 $1,014,454 33 days
Wake County Schools 519 $581,887 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,387 $746,350 81 days
Multi-Million Dollar Homes 595 $2,092,301 79 days
Newly Built Homes 1,393 $919,865 80 days
Homes with a Pool 367 $990,975 55 days
Distressed Homes 4 $472,525 83 days
Reduced Price Homes 63 $653,060 58 days
United Real Estate Triangle
5650 Six Forks Rd. Ste 101
Raleigh, NC 27609

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Fayetteville Association of REALTORS®. Those properties marked with the IDX icon are provided courtesy of the Fayetteville Association of REALTORS®, Inc., Internet Data Exchange (IDX). Information Deemed Reliable But Not Guaranteed and Should be Independently Verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2014 Fayetteville Association of REALTORS®. All Rights Reserved. March 24, 2023
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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 March 24, 2023
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