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Kelly DeBrosse
919-805-0069

Raleigh Market Report

$490,624

AVERAGE PRICE OF 2,092 HOMES

$352,467

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,615,640

AVERAGE PRICE OF 141 MULTI-MILLION DOLLAR HOMES

$595,203

AVERAGE PRICE OF 734 NEWLY BUILT HOMES

$497,891

AVERAGE PRICE OF 473 HOMES WITH A POOL

$473,766

AVERAGE PRICE OF 85 REDUCED PRICE HOMES

Average Home

Average Price $490,624
Avg Bedrooms 3.5 beds
Avg Bathrooms 3.33 baths

Average Price by Bedrooms

1 bedroom $279,506
2 bedrooms $295,825
3 bedrooms $358,935
4 bedrooms $579,477
5 bedrooms $725,650
Raleigh Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 2,174 2,451 2,513 2,512 2,559
Average Price $496,761 $492,002 $496,851 $494,603 $487,749
Avg Price Change +0.97% -0.99% +0.45% +1.41% +0.78%
Median Price $384,374 $376,930 $385,576 $388,972 $382,167
Med Price Change +1.97% -2.29% -0.88% +1.78% +0.41%
Avg Bedrooms 3.54 beds 3.52 beds 3.56 beds 3.58 beds 3.57 beds
Avg Bathrooms 3.36 baths 3.36 baths 3.41 baths 3.42 baths 3.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wake - Broughton 344 $731,976 120 days
Wake - Leesville Road 234 $462,832 119 days
Wake - Millbrook 163 $767,891 124 days
Wake - Sanderson 214 $463,388 94 days
Wake Cty School District 328 $458,708 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,092 $490,624 106 days
Distressed Homes 21 $352,467 114 days
Multi-Million Dollar Homes 141 $1,615,640 178 days
Newly Built Homes 734 $595,203 160 days
Homes with a Pool 473 $497,891 87 days
Reduced Price Homes 85 $473,766 122 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 January 19, 2019
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