Commercial Real Estate in Raleigh NC for Sale and Rent

Frequently Asked Questions

How is the for sale real estate market for homes in Raleigh NC?

In November of 2024, prices for Raleigh, North Carolina homes for sale were down 1.5% compared to the previous year. The median sale price was $780,000; on average, they sold within 111 days compared to 95 days on market the previous year. There were 5 homes for sale in November 2024, an increase from 4 during the same month in the previous year.

How many homes are for sale in Raleigh NC?

There are 39 homes in Raleigh, North Carolina for sale. Last month, there were 6 listings, and 3 a year prior in November 2023. The newest listing for sale has 4+ bedrooms, 4+ bathrooms, 3,120 SQFT, .17 acres, and pet friendly for $1,350,000 at 191 Chamberlain Street.

Are prices rising or falling for homes in Raleigh NC?

Compared to the previous month, prices are rising for homes in Raleigh, North Carolina. The median sale price was $780,000 in November 2024, which is higher than a month previous at $564,000. The median sale price fell 1.5% compared to the $791,500 median sale price a year ago in November 2023.

What is the average price per square foot for homes in Raleigh NC?

$292.42 is the average price per square foot for homes Raleigh, North Carolina. This is an increase compared to the $257.98 average price per square foot last month, November 2024, and a decrease compared to the $298 average a year prior in November 2023. Currently, a 25,500 SQFT mixed_use at 4400 Old Poole Road #B in Raleigh, North Carolina has the lowest price per square foot at $0.08, while a 924 SQFT residential_income at 1250 New Bern Avenue in Raleigh, North Carolina has the highest at $1,612.55.

What is the median list price for homes for sale in Raleigh NC?

$650,000 is the median list price for homes for sale in Raleigh, North Carolina. This is a decrease compared to the $780,000 median sale price last month, November 2024, and a decrease compared to the $791,500 median sale price a year prior in November 2023.

What is the average days on market for homes for sale in Raleigh NC?

111 days on market is the November 2024 average for homes for sale in Raleigh, North Carolina. This represents an increase from the previous month's average of 46 days on market, and an increase from the same month the year prior of 95 days on market average. Most recently, a 915 SQFT, .12 acres, and pet friendly mixed_use at 810 E Edenton Street in Raleigh, North Carolina has been on the market for 1 day, while 1201 Plainview Dr Drive in Raleigh, North Carolina with 1.24 acres and pet friendly has been on the market for 338 days.