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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 (37) 

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MLS#: 1964265
MLS#: 1964265
4270 LAKE RIDGE Drive
Raleigh, NC  27604
Year Built: 1975
Rainbow Choice Realty Rainbow Choice Realty
$57,000
3 Bed, 3 Bath
1,240 SqFt
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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#: 1961943
MLS#: 1961943
813 Dalewood Drive
Raleigh, NC  27610
Year Built: 1993
Triangle Midtown Realty Triangle Midtown Realty
$63,950
3 Bed, 3 Bath
1,130 SqFt
0.05 Acres
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MLS#: 1963584
MLS#: 1963584
1275 Teakwood Place
Raleigh, NC  27606
Year Built: 1972
Re/Max United Re/Max United
$67,500
2 Bed, 2 Bath
1,140 SqFt
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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#: 1937787
MLS#: 1937787
4824 Parkville Drive
Raleigh, NC  27604
Year Built: 2004
Re/Max One Realty Re/Max One Realty
$74,900
2 Bed, 3 Bath
1,152 SqFt
0.02 Acres
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MLS#: 1968042
MLS#: 1968042
3104 Mcadams Drive
Raleigh, NC  27604
Year Built: 1981
Keller Williams Realty Keller Williams Realty
$76,500
2 Bed, 2 Bath
1,040 SqFt
0.25 Acres
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MLS#: 1970081
MLS#: 1970081
2657 Dwight Place
Raleigh, NC  27610
Year Built: 1998
Focus Realty Advisors, LLC Focus Realty Advisors, LLC
$79,900
2 Bed, 3 Bath
1,176 SqFt
0.03 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
$85,000
2 Bed, 1 Bath
940 SqFt
0.04 Acres
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MLS#: 1975246
MLS#: 1975246
7705 Ohmann Court
Raleigh, NC  27615
Year Built: 1984
Nicole James Real Estate Group Nicole James Real Estate Group
$87,600
3 Bed, 3 Bath
1,282 SqFt
0.03 Acres
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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
$89,700
2 Bed, 3 Bath
1,170 SqFt
0.02 Acres
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MLS#: 1961904
MLS#: 1961904
1803 Crystal Downs Lane
Raleigh, NC  27604
Year Built: 1994
Miles & Company Miles & Company
$89,900
2 Bed, 3 Bath
1,204 SqFt
0.07 Acres
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MLS#: 1974283
MLS#: 1974283
6730 Chauncey Drive
Raleigh, NC  27615
Year Built: 1986
Success Realty, Inc. Success Realty, Inc.
$90,000
2 Bed, 2 Bath
1,120 SqFt
0.06 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#: 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#: 1957452
MLS#: 1957452
2333 Turtle Point Drive
Raleigh, NC  27604
Year Built: 1999
MDT Realty MDT Realty
$92,900
2 Bed, 2 Bath
1,004 SqFt
0.04 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#: 1911237
MLS#: 1911237
4022 Beaufain Street
Raleigh, NC  27604
Year Built: 1995
Triangle Trinity Realty, Inc. Triangle Trinity Realty, Inc.
$94,000
3 Bed, 3 Bath
1,502 SqFt
0.07 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
$94,500
3 Bed, 3 Bath
1,744 SqFt
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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#: 1939406
MLS#: 1939406
725 E Millbrook Road
Raleigh, NC  27609
Year Built: 1972
Weichert REALTORS-Triangle Homes Weichert REALTORS-Triangle Homes
$94,985
3 Bed, 3 Bath
1,546 SqFt
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MLS#: 1963253
MLS#: 1963253
4630 Punjab Street
Raleigh, NC  27604
Year Built: 2004
Keller Williams Realty Cary Keller Williams Realty Cary
$95,000
3 Bed, 3 Bath
1,536 SqFt
0.04 Acres
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MLS#: 1971038
MLS#: 1971038
5504 Forest Oaks Drive
Raleigh, NC  27609
Year Built: 1981
Linda Craft & Team, REALTORS Linda Craft & Team, REALTORS
$97,300
2 Bed, 2 Bath
1,215 SqFt
0.03 Acres
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MLS#: 1972061
MLS#: 1972061
1602 Township Circle
Raleigh, NC  27609
Year Built: 1984
HomeTowne Realty Group HomeTowne Realty Group
$97,900
2 Bed, 2 Bath
1,218 SqFt
0.03 Acres
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MLS#: 1975444
MLS#: 1975444
502 caprice Junction
Raleigh, NC  27606
Year Built: 1986
Geotek Realty Geotek Realty
$98,000
2 Bed, 3 Bath
1,230 SqFt
0.03 Acres
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MLS#: 1973645
MLS#: 1973645
5308 Eagle Trace Drive
Raleigh, NC  27604-6431
Year Built: 2000, 1 Car Garage
Weichert REALTORS-Triangle Homes Weichert REALTORS-Triangle Homes
$99,000
2 Bed, 3 Bath
1,156 SqFt
0.12 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#: 1969630
MLS#: 1969630
3730 Votive Lane
Raleigh, NC  27604
Year Built: 2001
Fonville Morisey/Brier Creek Sales Office Fonville Morisey/Brier Creek Sales Office
$99,900
2 Bed, 2 Bath
1,025 SqFt
0.04 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
$99,900
2 Bed, 2 Bath
1,278 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#: 1960587
MLS#: 1960587
6602 Orford Court
Raleigh, NC  27615
Year Built: 1986
Keller Williams Realty Cary Keller Williams Realty Cary
$99,987
2 Bed, 3 Bath
1,200 SqFt
0.03 Acres
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Raleigh, NC Townhomes for Sale


Properties Listed:  446
Median Price:  $161K

Property Price Distribution

Country Millions of US dollars per million people
Under $100K 37
$100K-$199K 261
$200K-$299K 87
$300K-$399K 36
$400K-$699K 24
Luxury 1
Data based on BestHomePro active MLS listings

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