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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 $400K-$699K (19) 

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


MLS#: 1952529
MLS#: 1952529
125 Penley Circle
Raleigh, NC  27609
New Construction, Year Built: 2014, 1 Car Garage
Ashton Woods Homes Ashton Woods Homes
$408,367
3 Bed, 4 Bath
2,160 SqFt
0.07 Acres
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MLS#: 1963620
MLS#: 1963620
11025 Fair Chase Court
Raleigh, NC  27617
Year Built: 2004, 2 Car Garage
Fonville Morisey/Lochmere Sales Office Fonville Morisey/Lochmere Sales Office
$409,000
3 Bed, 3 Bath
2,733 SqFt
0.09 Acres
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MLS#: 1965552
MLS#: 1965552
10906 Clovermill Circle
Raleigh, NC  27617
Year Built: 2004, 2 Car Garage
Keller Williams Preferred Realty Keller Williams Preferred Realty
$414,900
3 Bed, 3 Bath
2,851 SqFt
0.10 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
$425,000
3 Bed, 4 Bath
3,000 SqFt
0.10 Acres
listing bottom
MLS#: 1949493
MLS#: 1949493
2207 Carriage Oaks Drive
Raleigh, NC  27614
New Construction, Year Built: 2014, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$429,900
3 Bed, 4 Bath
3,000 SqFt
0.11 Acres
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MLS#: 1949497
MLS#: 1949497
2205 Carriage Oaks Drive
Raleigh, NC  27614
New Construction, Year Built: 2014, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$429,900
3 Bed, 4 Bath
3,000 SqFt
0.11 Acres
listing bottom
MLS#: 1954483
MLS#: 1954483
8034 Lloyd Allyns Way
Raleigh, NC  27615
New Construction, Year Built: 2014, Basement, 2 Car Garage
Coldwell Banker Advantage NH Coldwell Banker Advantage NH
$445,000
3 Bed, 3 Bath
3,191 SqFt
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MLS#: 1946067
MLS#: 1946067
2211 Carriage Oaks Drive
Raleigh, NC  27614
New Construction, Year Built: 2014, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$450,000
3 Bed, 4 Bath
3,000 SqFt
0.16 Acres
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MLS#: 1940845
MLS#: 1940845
9335 Fawn Lake Drive
Raleigh, NC  27617
Year Built: 2003, 2 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$458,000
3 Bed, 3 Bath
2,909 SqFt
0.07 Acres
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MLS#: 1959505
MLS#: 1959505
2315 Carriage Oaks Drive
Raleigh, NC  27614
Year Built: 2004, Basement, 2 Car Garage
Coldwell Banker Advantage Coldwell Banker Advantage
$465,000
5 Bed, 6 Bath
4,700 SqFt
0.11 Acres
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MLS#: 1952785
MLS#: 1952785
114 Penley Circle
Raleigh, NC  27609
New Construction, Year Built: 2014, 2 Car Garage
Ashton Woods Homes Ashton Woods Homes
$465,262
3 Bed, 4 Bath
2,412 SqFt
0.07 Acres
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MLS#: 1952584
MLS#: 1952584
123 Penley Circle
Raleigh, NC  27609
New Construction, Year Built: 2014, 1 Car Garage
Ashton Woods Homes Ashton Woods Homes
$466,231
3 Bed, 4 Bath
2,500 SqFt
0.15 Acres
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MLS#: 1947018
MLS#: 1947018
102 Penley Circle
Raleigh, NC  27609
New Construction, Year Built: 2014, 2 Car Garage
Ashton Woods Homes Ashton Woods Homes
$466,679
3 Bed, 4 Bath
2,412 SqFt
0.07 Acres
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MLS#: 1955873
MLS#: 1955873
1921 Glenmartin Drive
Raleigh, NC  27615
Year Built: 2000, 2 Car Garage
Smart Choice Realty Company, Inc. Smart Choice Realty Company, Inc.
$519,900
3 Bed, 3 Bath
3,524 SqFt
0.14 Acres
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MLS#: 1965331
MLS#: 1965331
12515 Bellstone Lane
Raleigh, NC  27614
New Construction, Year Built: 2014, Basement, 2 Car Garage
Coldwell Banker Advantage NH Coldwell Banker Advantage NH
$529,000
3 Bed, 5 Bath
4,401 SqFt
0.09 Acres
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MLS#: 1849968
MLS#: 1849968
12527 Bellstone Lane
Raleigh, NC  27614
Year Built: 2003, Basement, 2 Car Garage
Allen Tate Co. Inc. Allen Tate Co. Inc.
$529,900
4 Bed, 5 Bath
3,992 SqFt
0.26 Acres
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MLS#: 1961310
MLS#: 1961310
4022 Lila Blue Lane
Raleigh, NC  27612
Year Built: 2012, 2 Car Garage
Clickit Realty Clickit Realty
$579,000
3 Bed, 3 Bath
2,773 SqFt
0.11 Acres
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MLS#: 1964558
MLS#: 1964558
832 Gaston Wood Court
Raleigh, NC  27605
Year Built: 2000, 2 Car Garage
Northside Realty Inc. Northside Realty Inc.
$609,000
3 Bed, 5 Bath
3,460 SqFt
0.06 Acres
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MLS#: 1954413
MLS#: 1954413
3603 Rolston Drive
Raleigh, NC  27609-7229
Year Built: 2008, 2 Car Garage
Berkshire Hathaway HomeServices YSU Berkshire Hathaway HomeServices YSU
$695,000
4 Bed, 4 Bath
3,289 SqFt
0.11 Acres
listing bottom
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Raleigh, NC Townhomes for Sale


Properties Listed:  432
Median Price:  $158K

Property Price Distribution

Country Millions of US dollars per million people
Under $100K 50
$100K-$199K 256
$200K-$299K 83
$300K-$399K 24
$400K-$699K 19
Luxury 0
Data based on BestHomePro active MLS listings

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