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 October of 2024, prices for Raleigh, North Carolina homes for sale were down 17.4% compared to the previous year. The median sale price was $564,000; on average, they sold within 46 days compared to 49 days on market the previous year. There were 4 homes for sale in October 2024, a decrease from 6 during the same month in the previous year.

How many homes are for sale in Raleigh NC?

There are 34 homes in Raleigh, North Carolina for sale. Last month, there were 9 listings, and 2 a year prior in October 2023. The newest listing for sale has 1,794 SQFT and pet friendly for $2,450 at 6512 Six Forks Road #302.

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 $564,000 in October 2024, which is higher than a month previous at $456,250. The median sale price fell 17.4% compared to the $683,000 median sale price a year ago in October 2023.

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

$226.94 is the average price per square foot for homes Raleigh, North Carolina. This is an increase compared to the $187.52 average price per square foot last month, October 2024. 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 4,446 SQFT business at 1410 Hillsborough Street in Raleigh, North Carolina has the highest at $500.45.

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

$534,950 is the median list price for homes for sale in Raleigh, North Carolina. This is a decrease compared to the $564,000 median sale price last month, October 2024, and a decrease compared to the $683,000 median sale price a year prior in October 2023.

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

46 days on market is the October 2024 average for homes for sale in Raleigh, North Carolina. This represents a decrease from the previous month's average of 82 days on market, and a decrease from the same month the year prior of 49 days on market average. Most recently, a 1,195 SQFT, 6.78 acres, and pet friendly office at 5171 Glenwood Avenue #486 in Raleigh, North Carolina has been on the market for 1 day, while 6531 Creedmoor Road #204 in Raleigh, North Carolina with 556 SQFT and pet friendly has been on the market for 316 days.