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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 (22) 

Use our patented Advanced Search to refine these results and find your best-fit home.


MLS#: 1885642
MLS#: 1885642
7631 N Wellesley Park
Raleigh, NC  27615
Year Built: 1984, Basement, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$308,000
4 Bed, 4 Bath
2,705 SqFt
0.08 Acres
listing bottom
MLS#: 1821062
MLS#: 1821062
9441 Oglebay Court
Raleigh, NC  27617
Year Built: 2006, 1 Car Garage
Fonville Morisey/Falls Sales Office Fonville Morisey/Falls Sales Office
$309,999
3 Bed, 3 Bath
2,446 SqFt
0.06 Acres
listing bottom
MLS#: 1880327
MLS#: 1880327
3623 Rolston Drive
Raleigh, NC  27609
New Construction, Year Built: 2013, 1 Car Garage
Ashton Woods Homes Ashton Woods Homes
$314,000
3 Bed, 4 Bath
2,160 SqFt
0.07 Acres
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MLS#: 1876667
MLS#: 1876667
1517 Village Glen Drive
Raleigh, NC  27612
Year Built: 1988, Basement
Big Savings Realty Services Big Savings Realty Services
$323,500
3 Bed, 3 Bath
2,647 SqFt
0.06 Acres
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MLS#: 1877406
MLS#: 1877406
7320 Fontana Ridge Lane
Raleigh, NC  27613
Year Built: 2005, 2 Car Garage
Re/Max One Realty Re/Max One Realty
$325,000
3 Bed, 3 Bath
2,710 SqFt
0.08 Acres
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MLS#: 1887590
MLS#: 1887590
2005 Landings Way
Raleigh, NC  27615
Year Built: 1982, 2 Car Garage
Fonville Morisey/Falls Sales Office Fonville Morisey/Falls Sales Office
$349,900
4 Bed, 4 Bath
2,402 SqFt
0.06 Acres
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MLS#: 1888628
MLS#: 1888628
2305 Saint Pauls Square
Raleigh, NC  27614
Year Built: 2006, 2 Car Garage
Spencer Properties Spencer Properties
$350,000
4 Bed, 4 Bath
3,039 SqFt
0.10 Acres
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MLS#: 1876527
MLS#: 1876527
10124 Mizner Lane
Raleigh, NC  27617
Year Built: 2006, 1 Car Garage
Fonville Morisey/Brier Creek Sales Office Fonville Morisey/Brier Creek Sales Office
$355,000
3 Bed, 3 Bath
2,547 SqFt
0.06 Acres
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MLS#: 1886757
MLS#: 1886757
5110 Kate Denson Way
Raleigh, NC  27612
Year Built: 2006, 2 Car Garage
Fonville Morisey/Drum Realty Group, LLC Fonville Morisey/Drum Realty Group, LLC
$359,000
4 Bed, 3 Bath
2,710 SqFt
0.08 Acres
listing bottom
MLS#: 1887036
MLS#: 1887036
3723 Old Post Road
Raleigh, NC  27612
Year Built: 2000, 2 Car Garage
Allen Tate Co. Inc. Allen Tate Co. Inc.
$360,000
3 Bed, 3 Bath
2,761 SqFt
0.08 Acres
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MLS#: 1877209
MLS#: 1877209
3105 Bentley Forest Trail
Raleigh, NC  27612
Year Built: 1999, 2 Car Garage
Hodge & Kittrell Sotheby's International Realty Hodge & Kittrell Sotheby's International Realty
$369,900
3 Bed, 3 Bath
2,688 SqFt
0.10 Acres
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MLS#: 1879671
MLS#: 1879671
3404 Sir Colleton Court
Raleigh, NC  27612
Year Built: 1997, 2 Car Garage
Fonville Morisey/Triangle Specialists Fonville Morisey/Triangle Specialists
$370,000
3 Bed, 3 Bath
2,562 SqFt
0.11 Acres
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MLS#: 1881887
MLS#: 1881887
3403 Sir Colleton Court
Raleigh, NC  27612
Year Built: 1997, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$380,000
3 Bed, 3 Bath
2,586 SqFt
0.08 Acres
listing bottom
MLS#: 1883923
MLS#: 1883923
9210 White Eagle Court
Raleigh, NC  27617
Year Built: 2000, 2 Car Garage
Re/Max One Realty Re/Max One Realty
$384,500
3 Bed, 3 Bath
2,760 SqFt
0.08 Acres
listing bottom
MLS#: 1872588
MLS#: 1872588
2021 Landings Way
Raleigh, NC  27615
Year Built: 1984, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$385,000
4 Bed, 4 Bath
2,420 SqFt
0.06 Acres
listing bottom
MLS#: 1890734
MLS#: 1890734
5012 Isabella Cannon Drive
Raleigh, NC  27612
Year Built: 2006, Basement, 2 Car Garage
Fonville Morisey/Falls Sales Office Fonville Morisey/Falls Sales Office
$385,000
4 Bed, 4 Bath
3,538 SqFt
0.08 Acres
listing bottom
MLS#: 1882360
MLS#: 1882360
4611 Zaldivar Way
Raleigh, NC  27612
Year Built: 2006, Basement, 2 Car Garage
Re/Max United Re/Max United
$389,000
4 Bed, 4 Bath
4,120 SqFt
0.08 Acres
listing bottom
MLS#: 1885483
MLS#: 1885483
2307 Lowden Street
Raleigh, NC  27608
Year Built: 2011, 2 Car Garage
Allen Tate Co. Inc. Allen Tate Co. Inc.
$389,000
3 Bed, 3 Bath
2,340 SqFt
0.04 Acres
listing bottom
MLS#: 1883904
MLS#: 1883904
8022 Lloyd Allyns Way
Raleigh, NC  27615
New Construction, Year Built: 2013, 2 Car Garage
Coldwell Banker Advantage NH Coldwell Banker Advantage NH
$389,900
4 Bed, 3 Bath
2,932 SqFt
0.10 Acres
listing bottom
MLS#: 1886028
MLS#: 1886028
3806 Burwell Rollins Circle
Raleigh, NC  27612
Year Built: 2003, 2 Car Garage
Prudential York Simpson Underwood Realty Prudential York Simpson Underwood Realty
$394,000
3 Bed, 4 Bath
2,864 SqFt
0.25 Acres
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MLS#: 1883909
MLS#: 1883909
8020 Lloyd Allyns Way
Raleigh, NC  27615
New Construction, Year Built: 2013, 2 Car Garage
Coldwell Banker Advantage NH Coldwell Banker Advantage NH
$394,900
4 Bed, 3 Bath
2,958 SqFt
0.11 Acres
listing bottom
MLS#: 1874405
MLS#: 1874405
10914 Clovermill Circle
Raleigh, NC  27617
Year Built: 2005, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$399,500
3 Bed, 4 Bath
2,714 SqFt
0.09 Acres
listing bottom
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Raleigh, NC Townhomes for Sale


Properties Listed:  452
Median Price:  $160K

Property Price Distribution

Country Millions of US dollars per million people
Under $100K 55
$100K-$199K 269
$200K-$299K 86
$300K-$399K 24
$400K-$699K 18
Luxury 0
Data based on BestHomePro active MLS listings

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