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Kelly DeBrosse
919-805-0069

Raleigh Market Report

$488,303

AVERAGE PRICE OF 2,525 HOMES

$319,056

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,578,423

AVERAGE PRICE OF 174 MULTI-MILLION DOLLAR HOMES

$595,771

AVERAGE PRICE OF 763 NEWLY BUILT HOMES

$486,689

AVERAGE PRICE OF 651 HOMES WITH A POOL

$492,733

AVERAGE PRICE OF 88 REDUCED PRICE HOMES

Average Home

Average Price $488,303
Avg Bedrooms 3.51 beds
Avg Bathrooms 3.33 baths

Average Price by Bedrooms

1 bedroom $310,834
2 bedrooms $288,466
3 bedrooms $344,669
4 bedrooms $575,904
5 bedrooms $763,841
Raleigh Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 2,308 2,098 2,174 2,451 2,513
Average Price $482,304 $490,356 $496,761 $492,002 $496,851
Avg Price Change -1.67% -1.31% +0.97% -0.99% +0.45%
Median Price $370,620 $376,126 $384,374 $376,930 $385,576
Med Price Change -1.49% -2.19% +1.97% -2.29% -0.88%
Avg Bedrooms 3.5 beds 3.51 beds 3.54 beds 3.52 beds 3.56 beds
Avg Bathrooms 3.31 baths 3.34 baths 3.36 baths 3.36 baths 3.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wake - Broughton 429 $747,967 105 days
Wake - Leesville Road 281 $478,421 97 days
Wake - Millbrook 208 $736,512 94 days
Wake - Sanderson 231 $485,695 88 days
Wake Cty School District 399 $429,007 105 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,525 $488,303 92 days
Distressed Homes 16 $319,056 122 days
Multi-Million Dollar Homes 174 $1,578,423 147 days
Newly Built Homes 763 $595,771 169 days
Homes with a Pool 651 $486,689 66 days
Reduced Price Homes 88 $492,733 79 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 March 24, 2019
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