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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 $300K-$399K (23) 

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MLS#: 1921047
MLS#: 1921047
10321 Sablewood Drive
Raleigh, NC  27617
Year Built: 2010, 1 Car Garage
Fonville Morisey/Brier Creek Sales Office Fonville Morisey/Brier Creek Sales Office
$300,000
2 Bed, 2 Bath
1,525 SqFt
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MLS#: 1965303
MLS#: 1965303
10105 Lynnberry Place
Raleigh, NC  27617
New Construction, Year Built: 2014, 2 Car Garage
Standard Pacific Carolinas LLC Standard Pacific Carolinas LLC
$304,580
3 Bed, 3 Bath
2,126 SqFt
0.05 Acres
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MLS#: 1968524
MLS#: 1968524
1303 Cameron View Court
Raleigh, NC  27607
Year Built: 2001, 1 Car Garage
Re/Max Preferred Associates Re/Max Preferred Associates
$304,900
3 Bed, 4 Bath
1,863 SqFt
0.03 Acres
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MLS#: 1952741
MLS#: 1952741
9441 Oglebay Court
Raleigh, NC  27617
Year Built: 2006, 1 Car Garage
Fonville Morisey/Falls Sales Office Fonville Morisey/Falls Sales Office
$305,000
3 Bed, 3 Bath
2,446 SqFt
0.06 Acres
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MLS#: 1969786
MLS#: 1969786
9105 Murrillo Walk
Raleigh, NC  27617
New Construction, Year Built: 2014, 2 Car Garage
Standard Pacific Carolinas LLC Standard Pacific Carolinas LLC
$329,445
3 Bed, 4 Bath
2,560 SqFt
0.05 Acres
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MLS#: 1951672
MLS#: 1951672
9102 Murrillo Walk
Raleigh, NC  27617
New Construction, Year Built: 2014, 2 Car Garage
Standard Pacific Carolinas LLC Standard Pacific Carolinas LLC
$329,535
3 Bed, 4 Bath
2,560 SqFt
0.05 Acres
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MLS#: 1971076
MLS#: 1971076
9205 Triana Market Walk
Raleigh, NC  27617
New Construction, Year Built: 2012, 2 Car Garage
Standard Pacific Carolinas LLC Standard Pacific Carolinas LLC
$336,900
3 Bed, 4 Bath
2,560 SqFt
0.05 Acres
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MLS#: 1964214
MLS#: 1964214
4616 MANASSA POPE Lane
Raleigh, NC  27612
Year Built: 2005, 2 Car Garage
Real Living Pittman Properties Real Living Pittman Properties
$344,900
3 Bed, 3 Bath
2,360 SqFt
0.02 Acres
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MLS#: 1970050
MLS#: 1970050
10171 Mizner Lane
Raleigh, NC  27617
Year Built: 2003, 2 Car Garage
Weichert REALTORS-Triangle Homes Weichert REALTORS-Triangle Homes
$347,500
3 Bed, 3 Bath
2,101 SqFt
0.09 Acres
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MLS#: 1967788
MLS#: 1967788
10169 Mizner Lane
Raleigh, NC  27617
Year Built: 2003, 1 Car Garage
Smart Choice Realty Company, Inc. Smart Choice Realty Company, Inc.
$350,000
3 Bed, 3 Bath
2,591 SqFt
0.06 Acres
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MLS#: 1950799
MLS#: 1950799
2436 Noble Road
Raleigh, NC  27608
New Construction, Year Built: 2014, 1 Car Garage
M/I Homes of Raleigh LLC M/I Homes of Raleigh LLC
$364,068
3 Bed, 3 Bath
2,047 SqFt
0.05 Acres
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MLS#: 1951169
MLS#: 1951169
12608 Bellstone Lane
Raleigh, NC  27614
Year Built: 2003, 2 Car Garage
Allen Tate Co. Inc. Allen Tate Co. Inc.
$364,900
3 Bed, 3 Bath
2,528 SqFt
0.16 Acres
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MLS#: 1961371
MLS#: 1961371
2420 Noble Road
Raleigh, NC  27608
New Construction, Year Built: 2014, 1 Car Garage
M/I Homes of Raleigh LLC M/I Homes of Raleigh LLC
$364,990
3 Bed, 3 Bath
2,008 SqFt
0.11 Acres
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MLS#: 1967429
MLS#: 1967429
11021 Fair Chase Court
Raleigh, NC  27516
Year Built: 2004, 2 Car Garage
501 Realty 501 Realty
$369,500
3 Bed, 3 Bath
2,775 SqFt
0.11 Acres
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MLS#: 1968384
MLS#: 1968384
216 Penley Circle
Raleigh, NC  27609
New Construction, Year Built: 2015, 2 Car Garage
Ashton Woods Homes Ashton Woods Homes
$379,715
3 Bed, 4 Bath
2,133 SqFt
0.07 Acres
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MLS#: 1961435
MLS#: 1961435
2204 Oxford Hills Drive
Raleigh, NC  27608
Year Built: 1987, 2 Car Garage
Fonville Morisey/Falls Sales Office Fonville Morisey/Falls Sales Office
$389,900
2 Bed, 3 Bath
2,285 SqFt
0.11 Acres
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MLS#: 1966542
MLS#: 1966542
118 Penley Circle
Raleigh, NC  27609
New Construction, Year Built: 2014, 2 Car Garage
Ashton Woods Homes Ashton Woods Homes
$391,026
3 Bed, 4 Bath
2,133 SqFt
0.07 Acres
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MLS#: 1939818
MLS#: 1939818
2356 Noble Road
Raleigh, NC  27608
New Construction, Year Built: 2014, 1 Car Garage
M/I Homes of Raleigh LLC M/I Homes of Raleigh LLC
$394,890
3 Bed, 4 Bath
2,655 SqFt
0.05 Acres
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MLS#: 1939815
MLS#: 1939815
2352 Noble Road
Raleigh, NC  27608
New Construction, Year Built: 2014, 1 Car Garage
M/I Homes of Raleigh LLC M/I Homes of Raleigh LLC
$396,990
3 Bed, 4 Bath
2,731 SqFt
0.05 Acres
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MLS#: 1939822
MLS#: 1939822
2360 Noble Road
Raleigh, NC  27608
New Construction, Year Built: 2014, 1 Car Garage
M/I Homes of Raleigh LLC M/I Homes of Raleigh LLC
$396,990
3 Bed, 4 Bath
2,651 SqFt
0.05 Acres
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MLS#: 1961326
MLS#: 1961326
3917 Essex Garden Lane
Raleigh, NC  27612
New Construction, Year Built: 2014, 2 Car Garage
Pulte Home Corporation Pulte Home Corporation
$398,650
4 Bed, 4 Bath
2,518 SqFt
0.07 Acres
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MLS#: 1946070
MLS#: 1946070
2209 Carriage Oaks Drive
Raleigh, NC  27614
New Construction, Year Built: 2014, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$399,900
3 Bed, 4 Bath
3,000 SqFt
0.10 Acres
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MLS#: 1963688
MLS#: 1963688
8803 Leeshire Lane
Raleigh, NC  27615
Year Built: 2002, 2 Car Garage
Fonville Morisey/Brier Creek Sales Office Fonville Morisey/Brier Creek Sales Office
$399,990
3 Bed, 3 Bath
2,858 SqFt
0.09 Acres
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Raleigh, NC Townhomes for Sale


Properties Listed:  466
Median Price:  $160K

Property Price Distribution

Country Millions of US dollars per million people
Under $100K 45
$100K-$199K 273
$200K-$299K 99
$300K-$399K 27
$400K-$699K 22
Luxury 0
Data based on BestHomePro active MLS listings

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