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Kelly DeBrosse
919-805-0069

Raleigh Market Report

$494,392

AVERAGE PRICE OF 2,768 HOMES

$350,946

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,554,630

AVERAGE PRICE OF 208 MULTI-MILLION DOLLAR HOMES

$598,391

AVERAGE PRICE OF 745 NEWLY BUILT HOMES

$487,784

AVERAGE PRICE OF 735 HOMES WITH A POOL

$504,284

AVERAGE PRICE OF 127 REDUCED PRICE HOMES

Average Home

Average Price $494,392
Avg Bedrooms 3.51 beds
Avg Bathrooms 3.34 baths

Average Price by Bedrooms

1 bedroom $262,074
2 bedrooms $292,739
3 bedrooms $347,015
4 bedrooms $585,442
5 bedrooms $784,987
Raleigh Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 2,806 2,634 2,460 2,308 2,098
Average Price $496,278 $495,625 $487,411 $482,304 $490,356
Avg Price Change +0.13% +1.69% +1.06% -1.67% -1.31%
Median Price $375,678 $378,591 $374,416 $370,620 $376,126
Med Price Change -0.78% +1.12% +1.02% -1.49% -2.19%
Avg Bedrooms 3.5 beds 3.51 beds 3.51 beds 3.5 beds 3.51 beds
Avg Bathrooms 3.37 baths 3.35 baths 3.32 baths 3.31 baths 3.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wake - Broughton 441 $764,387 97 days
Wake - Leesville Road 300 $462,041 74 days
Wake - Millbrook 260 $741,594 90 days
Wake - Sanderson 279 $455,432 65 days
Wake Cty School District 416 $453,549 117 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,768 $494,392 83 days
Distressed Homes 20 $350,946 100 days
Multi-Million Dollar Homes 208 $1,554,630 160 days
Newly Built Homes 745 $598,391 160 days
Homes with a Pool 735 $487,784 66 days
Reduced Price Homes 127 $504,284 77 days
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 2019 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 June 17, 2019