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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 Under $100K (35) 

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MLS#: 1966493
MLS#: 1966493
404 Top Greene Lane
Raleigh, NC  27601
Year Built: 1991
Fonville Morisey/Falls Sales Office Fonville Morisey/Falls Sales Office
$59,900
2 Bed, 1 Bath
850 SqFt
0.06 Acres
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MLS#: 1974059
MLS#: 1974059
837 Dalewood Drive
Raleigh, NC  27610
Year Built: 1989
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$60,000
3 Bed, 2 Bath
1,252 SqFt
0.04 Acres
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MLS#: 1879230
MLS#: 1879230
2820 Dillmark Court
Raleigh, NC  27610
Year Built: 1988
Re/Max One Realty Re/Max One Realty
$69,900
3 Bed, 2 Bath
1,224 SqFt
0.03 Acres
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MLS#: 1879250
MLS#: 1879250
2822 Dillmark Court
Raleigh, NC  27610
Year Built: 1988
Re/Max One Realty Re/Max One Realty
$69,900
3 Bed, 2 Bath
1,224 SqFt
0.04 Acres
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MLS#: 1978980
MLS#: 1978980
4270 Lake Ridge Drive
Raleigh, NC  27604
Year Built: 1975
Century 21 Triangle Group Century 21 Triangle Group
$70,900
3 Bed, 3 Bath
1,240 SqFt
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MLS#: 1981040
MLS#: 1981040
4700 Bluebird Court
Raleigh, NC  27606
Year Built: 1968
Freedom Realty Firm Freedom Realty Firm
$75,000
2 Bed, 2 Bath
1,050 SqFt
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MLS#: 1972219
MLS#: 1972219
2603 Dwight Place
Raleigh, NC  27610
Year Built: 1998
Fathom Realty NC, LLC Fathom Realty NC, LLC
$79,700
2 Bed, 3 Bath
1,170 SqFt
0.02 Acres
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MLS#: 1973675
MLS#: 1973675
625 Carolina Avenue
Raleigh, NC  27606
Year Built: 1994
Keller Williams Preferred Realty Keller Williams Preferred Realty
$79,900
2 Bed, 2 Bath
945 SqFt
0.02 Acres
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MLS#: 1941080
MLS#: 1941080
4555 Antique Lane
Raleigh, NC  27616
Year Built: 1986
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$80,000
2 Bed, 1 Bath
940 SqFt
0.04 Acres
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MLS#: 1978679
MLS#: 1978679
5622 Bridgetowne Way
Raleigh, NC  27609
Year Built: 1983
Berkshire Hathaway HomeServices YSU Berkshire Hathaway HomeServices YSU
$80,500
2 Bed, 3 Bath
1,252 SqFt
0.03 Acres
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MLS#: 1971001
MLS#: 1971001
4418 Antique Lane
Raleigh, NC  27616
Year Built: 1997
Re/Max One Realty Re/Max One Realty
$84,900
2 Bed, 2 Bath
1,278 SqFt
0.03 Acres
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MLS#: 1929600
MLS#: 1929600
4656 Grinding Stone Drive
Raleigh, NC  27604
Year Built: 1974, Basement
Brokers United Realty Brokers United Realty
$89,900
3 Bed, 3 Bath
1,744 SqFt
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MLS#: 1979900
MLS#: 1979900
5484 Pine Top Circle
Raleigh, NC  27612
Year Built: 1980
Madden Realty Madden Realty
$89,900
3 Bed, 3 Bath
1,400 SqFt
0.02 Acres
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MLS#: 1975918
MLS#: 1975918
7722 BERNADETTE Lane
Raleigh, NC  27615
Year Built: 1986, Basement
Keller Williams Realty Cary Keller Williams Realty Cary
$90,000
3 Bed, 2 Bath
1,320 SqFt
0.03 Acres
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MLS#: 1976566
MLS#: 1976566
4315 BONA Court
Raleigh, NC  27604
Year Built: 1984
Powell Realty Powell Realty
$90,000
2 Bed, 2 Bath
1,152 SqFt
0.12 Acres
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MLS#: 1939320
MLS#: 1939320
913 Hearthridge Court
Raleigh, NC  27609
Year Built: 1982
Transition Realty Group Transition Realty Group
$92,500
2 Bed, 2 Bath
1,024 SqFt
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MLS#: 1982824
MLS#: 1982824
7918 Averette Field Drive
Raleigh, NC  27616
Year Built: 2008
Re/Max United Re/Max United
$92,500
2 Bed, 2 Bath
1,012 SqFt
0.02 Acres
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MLS#: 1906776
MLS#: 1906776
1822 Eagle Beach Court
Raleigh, NC  27610
Year Built: 2003
Triangle Real Estate Experts Triangle Real Estate Experts
$93,900
2 Bed, 3 Bath
1,360 SqFt
4.00 Acres
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MLS#: 1982612
MLS#: 1982612
713 Benchmark Drive
Raleigh, NC  27615
Year Built: 1982
Coldwell Banker Advantage Coldwell Banker Advantage
$94,600
2 Bed, 3 Bath
1,188 SqFt
0.04 Acres
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MLS#: 1933558
MLS#: 1933558
5625 Fieldcross Court
Raleigh, NC  27610
Year Built: 1997
Re/Max One Realty Re/Max One Realty
$94,800
2 Bed, 3 Bath
1,180 SqFt
0.02 Acres
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MLS#: 1972393
MLS#: 1972393
5736 Osprey Cove Court
Raleigh, NC  27604
Year Built: 2000, 1 Car Garage
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$94,900
2 Bed, 3 Bath
1,080 SqFt
0.10 Acres
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MLS#: 1976626
MLS#: 1976626
2208 Ventana Lane
Raleigh, NC  27604
Year Built: 1999
Re/Max Preferred Associates Re/Max Preferred Associates
$94,900
2 Bed, 3 Bath
1,080 SqFt
0.04 Acres
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MLS#: 1975444
MLS#: 1975444
502 Caprice Court
Raleigh, NC  27606
Year Built: 1986
Geotek Realty Geotek Realty
$95,000
2 Bed, 3 Bath
1,230 SqFt
0.03 Acres
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MLS#: 1979480
MLS#: 1979480
5612 Darrow Drive
Raleigh, NC  27612
Year Built: 1985
Howard Perry & Walston Realtor Howard Perry & Walston Realtor
$95,000
2 Bed, 3 Bath
1,160 SqFt
0.03 Acres
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MLS#: 1981345
MLS#: 1981345
8200 Merriweather Circle
Raleigh, NC  27616
Year Built: 1983
Icon Realty & Management Icon Realty & Management
$95,000
3 Bed, 2 Bath
1,119 SqFt
0.03 Acres
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MLS#: 1969630
MLS#: 1969630
3730 Votive Lane
Raleigh, NC  27604
Year Built: 2001
Fonville Morisey/Brier Creek Sales Office Fonville Morisey/Brier Creek Sales Office
$97,900
2 Bed, 2 Bath
1,025 SqFt
0.04 Acres
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MLS#: 1979941
MLS#: 1979941
6751 Chauncey Drive
Raleigh, NC  27615
Year Built: 1985
Triangle Real Estate Experts Triangle Real Estate Experts
$97,900
2 Bed, 3 Bath
1,100 SqFt
0.03 Acres
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MLS#: 1939270
MLS#: 1939270
5509 Fieldcross Court
Raleigh, NC  27610
Year Built: 1996
RE/MAX Advantage RE/MAX Advantage
$98,000
3 Bed, 2 Bath
1,212 SqFt
0.06 Acres
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MLS#: 1911812
MLS#: 1911812
5826 Osprey Cove Drive
Raleigh, NC  27604
Year Built: 2006
Real Estate People, The Real Estate People, The
$99,000
2 Bed, 3 Bath
1,020 SqFt
0.04 Acres
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MLS#: 1978091
MLS#: 1978091
514 Bradkin Court
Raleigh, NC  27610
Year Built: 2005
Fonville Morisey/Drum Realty Group, LLC Fonville Morisey/Drum Realty Group, LLC
$99,000
4 Bed, 3 Bath
1,352 SqFt
0.02 Acres
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MLS#: 1958654
MLS#: 1958654
6420 English Oaks Drive
Raleigh, NC  27615
Year Built: 1981
Carpenter Real Estate Group LLC Carpenter Real Estate Group LLC
$99,500
2 Bed, 3 Bath
1,224 SqFt
0.03 Acres
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MLS#: 1942560
MLS#: 1942560
5128 Twisted Willow Way
Raleigh, NC  27610
Year Built: 2000
Sun Realty Sun Realty
$99,900
2 Bed, 3 Bath
1,128 SqFt
0.03 Acres
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MLS#: 1965490
MLS#: 1965490
1732 Township Circle
Raleigh, NC  27609
Year Built: 1984
Raleigh Home Realty Raleigh Home Realty
$99,900
2 Bed, 3 Bath
1,300 SqFt
0.03 Acres
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MLS#: 1976144
MLS#: 1976144
4800 Tanglewood Oaks Street
Raleigh, NC  27610
Year Built: 2000, 1 Car Garage
Picket Fence Realty Picket Fence Realty
$99,900
3 Bed, 3 Bath
1,381 SqFt
0.04 Acres
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MLS#: 1981693
MLS#: 1981693
1526 Township Circle
Raleigh, NC  27609
Year Built: 1983, Pool
Coldwell Banker Advantage Coldwell Banker Advantage
$99,987
2 Bed, 2 Bath
1,200 SqFt
0.03 Acres
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Raleigh, NC Townhomes for Sale


Properties Listed:  354
Median Price:  $164K

Property Price Distribution

Country Millions of US dollars per million people
Under $100K 35
$100K-$199K 208
$200K-$299K 71
$300K-$399K 24
$400K-$699K 15
Luxury 1
Data based on BestHomePro active MLS listings

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