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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 (252) 

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MLS#: 1896670
MLS#: 1896670
2007 Township Circle
Raleigh, NC  27609
Year Built: 1982
Allen Tate Co. Inc Allen Tate Co. Inc
$101,000
2 Bed, 3 Bath
1,292 SqFt
0.02 Acres
listing bottom
MLS#: 1886000
MLS#: 1886000
1613 Oakland Hills Way
Raleigh, NC  27604
Year Built: 1994
Select Premium Properties, Inc Select Premium Properties, Inc
$102,500
3 Bed, 2 Bath
1,300 SqFt
0.08 Acres
listing bottom
MLS#: 1889501
MLS#: 1889501
4303 Sunscape Lane
Raleigh, NC  27613
Year Built: 1994
Re/Max Preferred Associates Re/Max Preferred Associates
$102,500
2 Bed, 3 Bath
1,182 SqFt
0.05 Acres
listing bottom
MLS#: 1885038
MLS#: 1885038
4348 Halliwell Drive
Raleigh, NC  27606
Year Built: 1985
Keller Williams Preferred Realty Keller Williams Preferred Realty
$103,500
3 Bed, 3 Bath
1,340 SqFt
0.03 Acres
listing bottom
MLS#: 1891510
MLS#: 1891510
4319 Halliwell Drive
Raleigh, NC  27606
Year Built: 1986
Capital Investments Realty, LLC Capital Investments Realty, LLC
$103,900
2 Bed, 3 Bath
1,366 SqFt
0.04 Acres
listing bottom
MLS#: 1864267
MLS#: 1864267
5506 Sharpe Drive
Raleigh, NC  27612
Year Built: 1986
Fonville Morisey/Croasdaile Sales Office Fonville Morisey/Croasdaile Sales Office
$104,900
2 Bed, 3 Bath
1,200 SqFt
0.03 Acres
listing bottom
MLS#: 1889636
MLS#: 1889636
1817 Trailwood Drive
Raleigh, NC  27606
Year Built: 1990
Selling Directly Selling Directly
$104,900
3 Bed, 2 Bath
1,240 SqFt
0.11 Acres
listing bottom
MLS#: 1883992
MLS#: 1883992
4502 Centrebrook Circle
Raleigh, NC  27616
Year Built: 2002
Keller Williams Realty Keller Williams Realty
$105,000
2 Bed, 3 Bath
1,286 SqFt
0.04 Acres
listing bottom
MLS#: 1887094
MLS#: 1887094
205 Oak Hollow Court
Raleigh, NC  27613
Year Built: 1985
Re/Max Preferred Associates Re/Max Preferred Associates
$105,000
2 Bed, 2 Bath
1,350 SqFt
listing bottom
MLS#: 1893637
MLS#: 1893637
6749 Chauncey Drive
Raleigh, NC  27615
Year Built: 1985
Joe Loeffler Realty Joe Loeffler Realty
$105,000
2 Bed, 3 Bath
1,100 SqFt
0.03 Acres
listing bottom
MLS#: 1893947
MLS#: 1893947
6543 Hearthstone Drive
Raleigh, NC  27615
Year Built: 1983
Allen Tate Co. Inc. Allen Tate Co. Inc.
$105,000
2 Bed, 3 Bath
1,188 SqFt
0.04 Acres
listing bottom
MLS#: 1871730
MLS#: 1871730
6404 English Oaks Drive
Raleigh, NC  27615
Year Built: 1981
Fonville Morisey/Stonehenge Sales Office Fonville Morisey/Stonehenge Sales Office
$106,000
2 Bed, 3 Bath
1,224 SqFt
0.03 Acres
listing bottom
MLS#: 1893085
MLS#: 1893085
5246 Patuxent Drive
Raleigh, NC  27616
Year Built: 2002
Jones Advantage Real Estate Professionals Jones Advantage Real Estate Professionals
$106,000
3 Bed, 2 Bath
1,290 SqFt
0.03 Acres
listing bottom
MLS#: 1892592
MLS#: 1892592
3259 Warm Springs Lane
Raleigh, NC  27610
New Construction, Year Built: 2013
Chanticleer Properties LLC Chanticleer Properties LLC
$106,990
3 Bed, 3 Bath
1,502 SqFt
listing bottom
MLS#: 1892602
MLS#: 1892602
3257 Warm Springs Lane
Raleigh, NC  27610
New Construction, Year Built: 2013
Chanticleer Properties LLC Chanticleer Properties LLC
$106,990
3 Bed, 3 Bath
1,502 SqFt
listing bottom
MLS#: 1895196
MLS#: 1895196
4327 Halliwell Drive
Raleigh, NC  27606
Year Built: 1986
Allison James Estates and Homes Allison James Estates and Homes
$108,000
2 Bed, 3 Bath
1,342 SqFt
0.04 Acres
listing bottom
MLS#: 1892324
MLS#: 1892324
6175 Bushmills Street
Raleigh, NC  27613
Year Built: 1983, Basement
Coldwell Banker Advantage Coldwell Banker Advantage
$109,500
2 Bed, 3 Bath
1,660 SqFt
0.03 Acres
listing bottom
MLS#: 1856303
MLS#: 1856303
1270 Shadowbark Court
Raleigh, NC  27603
Year Built: 1987
Fonville Morisey/Croasdaile Sales Office Fonville Morisey/Croasdaile Sales Office
$109,900
2 Bed, 3 Bath
1,044 SqFt
0.03 Acres
listing bottom
MLS#: 1887399
MLS#: 1887399
5211 Blue Lagoon Lane
Raleigh, NC  27610
Year Built: 2007
CHK Realty CHK Realty
$109,900
3 Bed, 3 Bath
1,330 SqFt
0.03 Acres
listing bottom
MLS#: 1888231
MLS#: 1888231
4524 Antique Lane
Raleigh, NC  27616
Year Built: 1987
Allen Tate Co. Inc. Allen Tate Co. Inc.
$109,900
2 Bed, 3 Bath
1,264 SqFt
0.02 Acres
listing bottom
MLS#: 1879389
MLS#: 1879389
621 Oak Run Drive
Raleigh, NC  27606
Year Built: 1985
Re/Max Preferred Associates Re/Max Preferred Associates
$109,995
2 Bed, 3 Bath
1,236 SqFt
0.03 Acres
listing bottom
MLS#: 1847206
MLS#: 1847206
5220 Big Bass Drive
Raleigh, NC  27610
Year Built: 2006
Re/Max Preferred Associates Re/Max Preferred Associates
$110,000
3 Bed, 3 Bath
1,528 SqFt
0.04 Acres
listing bottom
MLS#: 1854308
MLS#: 1854308
7617 Ladden Court
Raleigh, NC  27615
Year Built: 1985
Prudential York Simpson Underwood Realty Prudential York Simpson Underwood Realty
$110,000
2 Bed, 2 Bath
1,160 SqFt
0.04 Acres
listing bottom
MLS#: 1870017
MLS#: 1870017
7018 Jeffreys Creek Lane
Raleigh, NC  27616
Year Built: 1999
TownSide Properties TownSide Properties
$110,000
3 Bed, 3 Bath
1,385 SqFt
0.07 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
$110,000
2 Bed, 2 Bath
1,137 SqFt
0.05 Acres
listing bottom
MLS#: 1857609
MLS#: 1857609
3949 Wendy Lane
Raleigh, NC  27606
Year Built: 1974
Fonville Morisey/Highway 54 Sales Office Fonville Morisey/Highway 54 Sales Office
$110,900
2 Bed, 3 Bath
1,325 SqFt
listing bottom
MLS#: 1878527
MLS#: 1878527
6004 Osprey Cove Drive
Raleigh, NC  27604
Year Built: 2005
Fonville Morisey/Brier Creek Sales Office Fonville Morisey/Brier Creek Sales Office
$112,000
2 Bed, 3 Bath
1,020 SqFt
0.04 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
$112,500
2 Bed, 3 Bath
1,300 SqFt
0.03 Acres
listing bottom
MLS#: 1867773
MLS#: 1867773
4405 Log Cabin Drive
Raleigh, NC  27616
Year Built: 2004
America's Best Realty America's Best Realty
$112,900
2 Bed, 2 Bath
1,300 SqFt
0.06 Acres
listing bottom
MLS#: 1889160
MLS#: 1889160
5706 Three Oaks Drive
Raleigh, NC  27612
Year Built: 1979
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$113,500
2 Bed, 2 Bath
1,400 SqFt
0.02 Acres
listing bottom
MLS#: 1885938
MLS#: 1885938
4445 Antique Lane
Raleigh, NC  27616-5059
Year Built: 1996
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$113,900
2 Bed, 3 Bath
1,402 SqFt
0.03 Acres
listing bottom
MLS#: 1887815
MLS#: 1887815
8512 Quarton Drive
Raleigh, NC  27616
New Construction, Year Built: 2013
Centex Homes Centex Homes
$113,915
2 Bed, 3 Bath
1,244 SqFt
0.04 Acres
listing bottom
MLS#: 1888147
MLS#: 1888147
8504 Quarton Drive
Raleigh, NC  27616
New Construction, Year Built: 2013
Centex Homes Centex Homes
$114,367
2 Bed, 3 Bath
1,244 SqFt
0.04 Acres
listing bottom
MLS#: 1884073
MLS#: 1884073
4523 Hamptonshire Drive
Raleigh, NC  27613
Year Built: 1984
Keller Williams Keller Williams
$114,500
2 Bed, 3 Bath
1,114 SqFt
0.02 Acres
listing bottom
MLS#: 1869057
MLS#: 1869057
2134 Metacomet Way
Raleigh, NC  27604
Year Built: 2005, 1 Car Garage
Rodriguez Realty, LLC Rodriguez Realty, LLC
$114,900
3 Bed, 3 Bath
1,390 SqFt
0.07 Acres
listing bottom
MLS#: 1891212
MLS#: 1891212
6543 New Market Way
Raleigh, NC  27615
Year Built: 1969
Keller Williams Realty Keller Williams Realty
$114,900
3 Bed, 3 Bath
1,480 SqFt
listing bottom
MLS#: 1891698
MLS#: 1891698
4439 Antique Lane
Raleigh, NC  27616
Year Built: 1996
Re/Max United Re/Max United
$114,900
3 Bed, 3 Bath
1,386 SqFt
0.03 Acres
listing bottom
MLS#: 1894320
MLS#: 1894320
1708 Sorrell Brook Way
Raleigh, NC  27609
Year Built: 2004
Allen Tate Co. Inc. Allen Tate Co. Inc.
$114,900
2 Bed, 3 Bath
1,184 SqFt
0.02 Acres
listing bottom
MLS#: 1896477
MLS#: 1896477
1612 Brook Fern Way
Raleigh, NC  27609
Year Built: 2004
Re/Max United Re/Max United
$114,900
2 Bed, 3 Bath
1,200 SqFt
0.02 Acres
listing bottom
MLS#: 1896646
MLS#: 1896646
2210 Raven Road
Raleigh, NC  27614
Year Built: 2004
Regan & Company Regan & Company
$114,900
3 Bed, 3 Bath
1,680 SqFt
listing bottom
MLS#: 1869610
MLS#: 1869610
4503 Hamptonshire Drive
Raleigh, NC  27613
Year Built: 1984
Wieland Properties, Inc. Wieland Properties, Inc.
$115,000
2 Bed, 3 Bath
1,202 SqFt
0.03 Acres
listing bottom
MLS#: 1882531
MLS#: 1882531
3555 Londonville Lane
Raleigh, NC  27604-3396
Year Built: 2008, 1 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$115,000
3 Bed, 3 Bath
1,501 SqFt
0.04 Acres
listing bottom
MLS#: 1886879
MLS#: 1886879
5603 Kimsey Court
Raleigh, NC  27606
Year Built: 1990
Re/Max United Re/Max United
$115,000
2 Bed, 2 Bath
1,335 SqFt
0.03 Acres
listing bottom
MLS#: 1891079
MLS#: 1891079
7631 Falcon Rest Circle
Raleigh, NC  27615
Year Built: 1985
Allen Tate Co. Inc Allen Tate Co. Inc
$115,000
3 Bed, 3 Bath
1,408 SqFt
listing bottom
MLS#: 1891196
MLS#: 1891196
7304 Sweet Bay Lane
Raleigh, NC  27615
Year Built: 1984
Spencer Properties Spencer Properties
$115,000
2 Bed, 3 Bath
1,350 SqFt
0.04 Acres
listing bottom
MLS#: 1887842
MLS#: 1887842
8514 Quarton Drive
Raleigh, NC  27616
New Construction, Year Built: 2013
Centex Homes Centex Homes
$115,665
2 Bed, 3 Bath
1,244 SqFt
0.04 Acres
listing bottom
MLS#: 1884718
MLS#: 1884718
4412 Antique Lane
Raleigh, NC  27616
Year Built: 1997
Allen Tate Co. Inc Allen Tate Co. Inc
$117,000
3 Bed, 3 Bath
1,400 SqFt
0.03 Acres
listing bottom
MLS#: 1895454
MLS#: 1895454
4807 Landover Arbor Place
Raleigh, NC  27616
Year Built: 2008
KB Investments & Realty, LLC KB Investments & Realty, LLC
$117,000
3 Bed, 3 Bath
1,617 SqFt
0.03 Acres
listing bottom
MLS#: 1887794
MLS#: 1887794
8506 Quarton Drive
Raleigh, NC  27616
New Construction, Year Built: 2013
Centex Homes Centex Homes
$117,595
2 Bed, 3 Bath
1,244 SqFt
0.04 Acres
listing bottom
MLS#: 1890908
MLS#: 1890908
4517 Chinquoteague Court
Raleigh, NC  27613
Year Built: 1985
Wilson West Agency Wilson West Agency
$117,900
2 Bed, 3 Bath
1,136 SqFt
0.02 Acres
listing bottom
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Raleigh, NC Townhomes for Sale


Properties Listed:  434
Median Price:  $160K

Property Price Distribution

Country Millions of US dollars per million people
Under $100K 55
$100K-$199K 253
$200K-$299K 85
$300K-$399K 21
$400K-$699K 20
Luxury 0
Data based on BestHomePro active MLS listings

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