Land Real Estate for Sale in Raleigh NC

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 40.0% compared to the previous year. The median sale price was $315,000; on average, they sold within 48 days compared to 184 days on market the previous year. There were 10 homes for sale in October 2024, an increase from 8 during the same month in the previous year.

How many homes are for sale in Raleigh NC?

There are 77 homes in Raleigh, North Carolina for sale. Last month, there were 16 listings, and 11 a year prior in October 2023. The newest listing for sale has .14 acres and pet friendly for $1,100,000 at 310 E South Street.

Are prices rising or falling for homes in Raleigh NC?

Compared to the previous month, prices are falling for homes in Raleigh, North Carolina. The median sale price was $315,000 in October 2024, which is lower than a month previous at $650,000. The median sale price fell 40.0% compared to the $525,000 median sale price a year ago in October 2023.

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

$358,650.76 is the average price per square foot for homes Raleigh, North Carolina. This is an increase compared to the $251,516.78 average price per square foot last month, October 2024. Currently, a 0 SQFT unimproved at 0 Wildrock Circle in Raleigh, North Carolina has the lowest price per square foot at $20,711.3, while a 0 SQFT unimproved at 4600 Old Wake Forest Road in Raleigh, North Carolina has the highest at $1,185,593.22.

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

$315,000 is the median list price for homes for sale in Raleigh, North Carolina. This is an increase compared to the $315,000 median sale price last month, October 2024, and a decrease compared to the $525,000 median sale price a year prior in October 2023.

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

48 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 90 days on market, and a decrease from the same month the year prior of 184 days on market average. Most recently, a .16 acres and pet friendly unimproved at 3505 Skycrest Drive in Raleigh, North Carolina has been on the market for 1 day, while 14200 Falls Of Neuse Road in Raleigh, North Carolina with pet friendly has been on the market for 855 days.