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Raleigh, NC Real Estate

Raleigh real estate is becoming a hot commodity as more and more people are attracted to the North Carolina capital. No longer the sleepy southern capital that it once was, Raleigh is now one of the fastest growing cities in the country.  Although it has experienced explosive growth in the last few decades, it has still been able to maintain an amazing charm and as many national publications have confirmed, Raleigh is one of the best places to live, work and play.

You can find all kinds of Raleigh real estate on our website with tons of photos, maps, descriptions and more.  Don't forget to refine your Raleigh real estate search by selecting a property type and price range. You can also use our advanced home search to filter and enhance your search for Raleigh real estate for sale.

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Raleigh real estate is becoming a hot commodity as more and more people are attracted to the North Carolina capital. No longer the sleepy southern capital that it once was, Raleigh is now one of the fastest growing cities in the country.  Although it has experienced explosive growth in the last few decades, it has still been able to maintain an amazing charm and as many national publications have confirmed, Raleigh is one of the best places to live, work and play.

You can find all kinds of Raleigh real estate on our website with tons of photos, maps, descriptions and more.  Don't forget to refine your Raleigh real estate search by selecting a property type and price range. You can also use our advanced home search to filter and enhance your search for Raleigh real estate for sale.

Raleigh Real Estate Market

Although the Raleigh real estate market has softened during the recent recession, falling from a high of over 10,000 homes sold in 2005 to just over 6,000 homes sold in 2009, it appears to have reached a bottom. Not only have the number of homes sold dropped in the Raleigh real estate market, but so has the average sale price.  At it's high in 2007, the average sale price was $251,257, dropping to $234,306 in 2009.  The drop in the average sale price is partially due to the large drop in the demand for luxury homes in the Raleigh real estate market.  The Raleigh real estate luxury market peaked in 2007 (the same time the average sale price peaked).  With nearly half the number of luxury homes sold in 2009 compared to 2007, the drop, in part, contributed to the declining sale price in Raleigh real estate. However, the number of sold homes in Raleigh in 2010 is on track to be very close to 2009 and the average sale price is on track to exceed 2009 numbers.

Raleigh Climate

Other than the people who prefer to sport a parka year round and trudge through the white stuff, it's hard not to love the climate that Raleigh and Central North Carolina has to offer.   With mountains in the west, and the ocean to the East, Raleigh real estate is perfectly  positioned for a diverse range in climate. Raleigh real estate offers a taste of every season, yet with a much more moderate feel.

Raleigh Real Estate  and Public Schools

Raleigh is part of the Wake County School System (WCSS), which means that a benefit of being a proud owner of Raleigh real estate, is your pick of schools around you.  WCSS is the 18th largest public school system in the country.  WCSS has won accolades like top school system in the country for certified teachers and has received a "Gold Rating" from Expansion Management.

Colleges and Universities Near Raleigh

A great aspect of Raleigh real estate is that that Raleigh high school graduates don't have to look far when they're searching for a college.  Raleigh is home to a number of world class colleges and universities:

  • North Carolina State University
  • Meredith College
  • Peace College
  • St. Augustine's College
  • Shaw University
  • Wake Technical Community College
  • Campbell University School of Law
  • Southeaster Baptist Theological Seminary

Raleigh Sports

Raleigh Professional Teams

Raleigh, is home to the National Hockey League's Carolina Hurricanes that play at the RBC Center and is the only professional team to call Raleigh home.

Raleigh College Teams

North Carolina State University is well known for their basketball and football teams.  Rivalries run strong between area college teams but are particularly strong between UNC Chapel Hill, Duke (Durham) and NC State.

Getting Around Raleigh

By Car

Another luxury of Raleigh real estate is the highway system. I-40 is the only major interstate highway to run through Raleigh.  However, I-40 has two spur routes, I-440 that makes up the beltline around Downtown Raleigh and I-540, a partially completed loop connecting the towns of Wake Forest, Knightdale, Garner, Apex, Cary, Morrisville, Rolesville and Fuquay-Varina, meaning easy travel to the nearby cities and towns. However, with I-85 and I-95 nearby, it's easy for Raleigh residents to traverse the East Coast, heading north or south.  Owners of Raleigh Real Estate also have the luxury of only being a few hours drive to the Atlantic beaches to the east or the North Carolina mountains to the west.  

By Plane

Raleigh Durham International Airport (RDU) services 45 domestic and international locations and is located in the northwestern part of Wake County.

Raleigh Commerce

Raleigh Employment

The Wake County economy is greatly influenced by the Research Triangle Park (RTP), the country's largest industrial research and development park.  RTP is a center for U.S. high tech and bio-tech research.  There are over 150 companies located in RTP, with some of the largest being IBM, GlaxoSmithKline and Cisco.  

Raleigh has received a number of accolades and been highly ranked nationally as a best place to find a job and operate a business.  Due to these accolades, Raleigh real estate is the perfect place for professionals in the technology and bio-tech industries, and Raleigh real estate property values continue to grow.

Shopping in Raleigh

There are a number of malls, shopping centers and retail areas scattered throughout Wake County.  You can visit one of the major department stores of Triangle Town Center, Crabtree Valley Mall and the Cary Towne Center or enjoy the smaller shops and boutiques in Cameron Village and North Hills.  

Raleigh Health Care

With the amazing amount of colleges, and the heart of the growing bio-tech industry in the Research Triangle Park, this means that owners of Raleigh real estate have access to superior health care and specialists such as WakeMed, Duke Hospital, and Rex Health Care.

Raleigh Recreation

There are 3 state parks located in Wake County: Falls Lake, William B. Umstead and Jordan Lake. Throughout the county there are 152 city parks.  One popular park/trail is the American Tobacco Trail, a 22 mile project with 15 miles located in Wake County for walking, cycling and, in parts, horseback riding.

Arts and Entertainment in Raleigh

Museums

There are a number of museums located in Wake County, with several state museums including the NC Museum of Art, NC Museum of Natural Science and the NC Museum of History.

Performing Arts

There are several performing arts venues including the Walnut Creek Amphitheatre and the Raleigh Memorial Auditorium at the Progress Energy Center for Performing Arts.  Wake County is also home to several professional art organizations including the NC Symphony, Opera Company of NC, NC Theatre and the Carolina Ballet.

Raleigh Real Estate and Culture

Because Raleigh is the political capital of North Carolina, it means that owners of Raleigh real estate benefit from the cultural acts and aspects that are attracted to the capital.


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Raleigh, NC Townhomes for Sale $100K-$199K (259) 

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MLS#: 1937357
MLS#: 1937357
7734 Averette Field Drive
Raleigh, NC  27616
Year Built: 2006
Smart Choice Realty Company, Inc. Smart Choice Realty Company, Inc.
$100,000
2 Bed, 3 Bath
1,099 SqFt
0.02 Acres
listing bottom
MLS#: 1939270
MLS#: 1939270
5509 Fieldcross Court
Raleigh, NC  27610
Year Built: 1996
Re/Max Preferred Associates Re/Max Preferred Associates
$100,000
3 Bed, 2 Bath
1,212 SqFt
0.06 Acres
listing bottom
MLS#: 1942560
MLS#: 1942560
5128 Twisted Willow Way
Raleigh, NC  27610
Year Built: 2000
Sun Realty Sun Realty
$100,000
2 Bed, 3 Bath
1,128 SqFt
0.03 Acres
listing bottom
MLS#: 1941080
MLS#: 1941080
4555 Antique Lane
Raleigh, NC  27616
Year Built: 1986
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$100,500
2 Bed, 1 Bath
940 SqFt
0.04 Acres
listing bottom
MLS#: 1942889
MLS#: 1942889
1311 Canyon Rock Court
Raleigh, NC  27610
Year Built: 2006
Fonville Morisey/Kim Pardue & Associates Fonville Morisey/Kim Pardue & Associates
$101,000
3 Bed, 2 Bath
1,700 SqFt
0.02 Acres
listing bottom
MLS#: 1932861
MLS#: 1932861
2317 Bay Harbor Drive
Raleigh, NC  27604
Year Built: 2002
Premier Properties Premier Properties
$102,000
2 Bed, 3 Bath
1,267 SqFt
0.04 Acres
listing bottom
MLS#: 1934361
MLS#: 1934361
7324 Sandy Creek Drive
Raleigh, NC  27615
Year Built: 1980
George Properties George Properties
$103,000
3 Bed, 3 Bath
1,385 SqFt
listing bottom
MLS#: 1939406
MLS#: 1939406
725 E Millbrook Road
Raleigh, NC  27609
Year Built: 1972
Weichert REALTORS-Triangle Homes Weichert REALTORS-Triangle Homes
$103,000
3 Bed, 3 Bath
1,546 SqFt
listing bottom
MLS#: 1938226
MLS#: 1938226
1528 Township Circle
Raleigh, NC  27609
Year Built: 1983
HRW Realty Corp. HRW Realty Corp.
$103,900
2 Bed, 3 Bath
1,295 SqFt
0.03 Acres
listing bottom
MLS#: 1914772
MLS#: 1914772
631 Oak Run Drive
Raleigh, NC  27606
Year Built: 1985
Fonville Morisey/Executive Home Team Fonville Morisey/Executive Home Team
$104,900
2 Bed, 3 Bath
1,148 SqFt
0.03 Acres
listing bottom
MLS#: 1917924
MLS#: 1917924
431 Oak Run Drive
Raleigh, NC  27606
Year Built: 1986
Go Realty Go Realty
$104,900
2 Bed, 3 Bath
1,243 SqFt
0.03 Acres
listing bottom
MLS#: 1930505
MLS#: 1930505
4810 Tanglewood Oaks Street
Raleigh, NC  27610
Year Built: 2000, 1 Car Garage
Re/Max One Realty Re/Max One Realty
$104,900
2 Bed, 3 Bath
1,370 SqFt
0.03 Acres
listing bottom
MLS#: 1933219
MLS#: 1933219
2815 Corbett Grove Drive
Raleigh, NC  27616
Year Built: 2008
Keller Williams Realty Keller Williams Realty
$104,900
2 Bed, 3 Bath
1,278 SqFt
0.03 Acres
listing bottom
MLS#: 1934926
MLS#: 1934926
1910 Township Circle
Raleigh, NC  27609
Year Built: 1984
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$104,900
2 Bed, 3 Bath
1,300 SqFt
0.03 Acres
listing bottom
MLS#: 1937069
MLS#: 1937069
5443 Big Bass Drive
Raleigh, NC  27610
Year Built: 2011
ERA Pacesetters Realty ERA Pacesetters Realty
$104,900
2 Bed, 3 Bath
1,152 SqFt
0.03 Acres
listing bottom
MLS#: 1939910
MLS#: 1939910
1270 Shadowbark Court
Raleigh, NC  27603
Year Built: 1987
Fonville Morisey/Croasdaile Sales Office Fonville Morisey/Croasdaile Sales Office
$104,900
2 Bed, 3 Bath
1,044 SqFt
0.03 Acres
listing bottom
MLS#: 1943251
MLS#: 1943251
5524 Forest Oaks Drive
Raleigh, NC  27609
Year Built: 1981
Re/Max One Realty Re/Max One Realty
$104,900
3 Bed, 3 Bath
1,300 SqFt
0.02 Acres
listing bottom
MLS#: 1911812
MLS#: 1911812
5826 Osprey Cove Drive
Raleigh, NC  27604
Year Built: 2006
Real Estate People, The Real Estate People, The
$105,000
2 Bed, 3 Bath
1,020 SqFt
0.04 Acres
listing bottom
MLS#: 1927135
MLS#: 1927135
510 Cardamon Court
Raleigh, NC  27610
Year Built: 2006, 1 Car Garage
Alexander McPhail & Associates, LLP Alexander McPhail & Associates, LLP
$105,000
3 Bed, 3 Bath
1,400 SqFt
0.01 Acres
listing bottom
MLS#: 1927140
MLS#: 1927140
512 Cardamon Court
Raleigh, NC  27610
Year Built: 2006, 1 Car Garage
Alexander McPhail & Associates, LLP Alexander McPhail & Associates, LLP
$105,000
2 Bed, 3 Bath
1,400 SqFt
0.01 Acres
listing bottom
MLS#: 1927141
MLS#: 1927141
514 Cardamon Court
Raleigh, NC  27610
Year Built: 2006, 1 Car Garage
Alexander McPhail & Associates, LLP Alexander McPhail & Associates, LLP
$105,000
3 Bed, 3 Bath
1,400 SqFt
0.01 Acres
listing bottom
MLS#: 1929600
MLS#: 1929600
4656 GRINDING STONE Drive
Raleigh, NC  27604
Year Built: 1974, Basement
Brokers United Realty Brokers United Realty
$105,000
3 Bed, 3 Bath
1,744 SqFt
listing bottom
MLS#: 1942380
MLS#: 1942380
1607 Oakland Hills Way
Raleigh, NC  27604
Year Built: 1994
Keller Williams Realty Keller Williams Realty
$105,000
2 Bed, 3 Bath
1,224 SqFt
0.06 Acres
listing bottom
MLS#: 1919791
MLS#: 1919791
4416 Antique Lane
Raleigh, NC  27616
Year Built: 1997
Pathway Properties Group, LLC Pathway Properties Group, LLC
$105,500
2 Bed, 3 Bath
1,247 SqFt
0.02 Acres
listing bottom
MLS#: 1868847
MLS#: 1868847
5883 Shady Grove Circle
Raleigh, NC  27609
Year Built: 1985
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$106,900
2 Bed, 3 Bath
1,300 SqFt
0.03 Acres
listing bottom
MLS#: 1927947
MLS#: 1927947
4544 ANTIQUE Lane
Raleigh, NC  27616
Year Built: 1986
Re/Max United Re/Max United
$108,000
2 Bed, 3 Bath
1,265 SqFt
0.02 Acres
listing bottom
MLS#: 1901503
MLS#: 1901503
621 Oak Run Drive
Raleigh, NC  27606
Year Built: 1985
Re/Max Preferred Associates Re/Max Preferred Associates
$108,500
2 Bed, 3 Bath
1,236 SqFt
0.03 Acres
listing bottom
MLS#: 1938853
MLS#: 1938853
2236 Ventana Lane
Raleigh, NC  27604
Year Built: 2000
Re/Max United Re/Max United
$108,900
2 Bed, 3 Bath
1,156 SqFt
0.04 Acres
listing bottom
MLS#: 1896240
MLS#: 1896240
2863 Bedfordshire Court
Raleigh, NC  27604
Year Built: 1986
Fonville Morisey/Drum Realty Group, LLC Fonville Morisey/Drum Realty Group, LLC
$109,000
2 Bed, 2 Bath
1,137 SqFt
0.05 Acres
listing bottom
MLS#: 1913883
MLS#: 1913883
5606 Kimsey Court
Raleigh, NC  27606
Year Built: 1989
Re/Max United Re/Max United
$109,000
2 Bed, 2 Bath
1,290 SqFt
0.03 Acres
listing bottom
MLS#: 1914360
MLS#: 1914360
3555 Londonville Lane
Raleigh, NC  27604-3396
Year Built: 2008, 1 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$109,000
3 Bed, 3 Bath
1,501 SqFt
0.04 Acres
listing bottom
MLS#: 1937026
MLS#: 1937026
3014 Andover Glen Road
Raleigh, NC  27604
Year Built: 2006
WSR Home Buyers, LLC WSR Home Buyers, LLC
$109,000
3 Bed, 3 Bath
1,355 SqFt
0.04 Acres
listing bottom
MLS#: 1919687
MLS#: 1919687
4120 Standing Rock Way
Raleigh, NC  27604
Year Built: 1999
Coldwell Banker Advantage Coldwell Banker Advantage
$109,900
3 Bed, 3 Bath
1,391 SqFt
0.05 Acres
listing bottom
MLS#: 1929846
MLS#: 1929846
5621 Bridgetowne Way
Raleigh, NC  27609
Year Built: 1983
Allen Tate  Co./Cary-Searstone Allen Tate Co./Cary-Searstone
$109,900
2 Bed, 3 Bath
1,277 SqFt
0.03 Acres
listing bottom
MLS#: 1929525
MLS#: 1929525
5534 Sharpe Drive
Raleigh, NC  27612
Year Built: 1986
Dogwood Properties Dogwood Properties
$110,000
2 Bed, 3 Bath
1,164 SqFt
0.04 Acres
listing bottom
MLS#: 1937880
MLS#: 1937880
5409 Sharpe Drive
Raleigh, NC  27512
Year Built: 1985
Landco Realty Landco Realty
$110,000
2 Bed, 3 Bath
1,220 SqFt
0.02 Acres
listing bottom
MLS#: 1924325
MLS#: 1924325
4630 Ravi Road
Raleigh, NC  27604
Year Built: 2001
Reeves Realty, Inc. Reeves Realty, Inc.
$110,900
3 Bed, 3 Bath
1,332 SqFt
0.04 Acres
listing bottom
MLS#: 1937668
MLS#: 1937668
6963 Staghorn Lane
Raleigh, NC  27615
Year Built: 1980
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$113,000
2 Bed, 2 Bath
1,047 SqFt
listing bottom
MLS#: 1917639
MLS#: 1917639
3515 Oneonta Avenue
Raleigh, NC  27604
Year Built: 2007
Real Estate People, The Real Estate People, The
$114,000
2 Bed, 3 Bath
1,260 SqFt
0.04 Acres
listing bottom
MLS#: 1935636
MLS#: 1935636
8504 Quarton Drive
Raleigh, NC  27616
New Construction, Year Built: 2014
Centex Homes Centex Homes
$114,335
2 Bed, 3 Bath
1,244 SqFt
0.03 Acres
listing bottom
MLS#: 1927347
MLS#: 1927347
3805 Poulnot Court
Raleigh, NC  27604
Year Built: 2007
Fonville Morisey/Preston Sales Office Fonville Morisey/Preston Sales Office
$114,900
2 Bed, 3 Bath
1,286 SqFt
0.02 Acres
listing bottom
MLS#: 1928012
MLS#: 1928012
1314 Stone Manor Drive
Raleigh, NC  27610
Year Built: 2008, 1 Car Garage
Keller Williams Keller Williams
$114,900
3 Bed, 3 Bath
1,565 SqFt
0.03 Acres
listing bottom
MLS#: 1923110
MLS#: 1923110
6001 Applewood Lane
Raleigh, NC  27609
Year Built: 1979
Fathom Realty NC, LLC Fathom Realty NC, LLC
$115,000
2 Bed, 3 Bath
1,431 SqFt
0.19 Acres
listing bottom
MLS#: 1943308
MLS#: 1943308
1705 Crystal Downs Lane
Raleigh, NC  27604
Year Built: 1995
Century 21 Triangle Group Century 21 Triangle Group
$115,000
2 Bed, 3 Bath
1,214 SqFt
0.07 Acres
listing bottom
MLS#: 1935838
MLS#: 1935838
3219 Warm Springs Lane
Raleigh, NC  27610
New Construction, Year Built: 2014
Chanticleer Properties LLC Chanticleer Properties LLC
$115,990
3 Bed, 3 Bath
1,502 SqFt
listing bottom
MLS#: 1936219
MLS#: 1936219
2207 Sunny Cove Drive
Raleigh, NC  27610
New Construction, Year Built: 2014
Chanticleer Properties LLC Chanticleer Properties LLC
$115,990
3 Bed, 3 Bath
1,502 SqFt
listing bottom
MLS#: 1935787
MLS#: 1935787
8514 Quarton Drive
Raleigh, NC  27616
New Construction, Year Built: 2014
Centex Homes Centex Homes
$116,563
2 Bed, 3 Bath
1,244 SqFt
0.03 Acres
listing bottom
MLS#: 1929719
MLS#: 1929719
3806 Axle Lane
Raleigh, NC  27616
Year Built: 1995
Fonville Morisey/Croasdaile Sales Office Fonville Morisey/Croasdaile Sales Office
$117,000
3 Bed, 3 Bath
1,404 SqFt
0.03 Acres
listing bottom
MLS#: 1939212
MLS#: 1939212
5524 Sharpe Drive
Raleigh, NC  27612
Year Built: 1986
Fonville Morisey/Inside the Beltline Office Fonville Morisey/Inside the Beltline Office
$117,900
2 Bed, 3 Bath
1,180 SqFt
0.05 Acres
listing bottom
MLS#: 1944143
MLS#: 1944143
4517 Chinquoteague Court
Raleigh, NC  27613
Year Built: 1985
Wilson West Agency Wilson West Agency
$118,000
2 Bed, 3 Bath
1,123 SqFt
0.02 Acres
listing bottom
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Raleigh, NC Townhomes for Sale


Properties Listed:  441
Median Price:  $160K

Property Price Distribution

Country Millions of US dollars per million people
Under $100K 50
$100K-$199K 260
$200K-$299K 87
$300K-$399K 28
$400K-$699K 14
Luxury 2
Data based on BestHomePro active MLS listings

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