Homes for Sale in Raleigh NC

Frequently Asked Questions

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

In May of 2023, prices for Raleigh, North Carolina homes for sale were up 1.1% compared to the previous year. The median sale price was $435,000; on average, they sold within 16 days compared to 6 days on market the previous year. There were 642 homes for sale in May 2023, a decrease from 746 during the same month in the previous year.

How many homes are for sale in Raleigh NC?

There are 707 homes in Raleigh, North Carolina for sale. Last month, there were 651 listings, and 786 a year prior in May 2022. The newest listing for sale has 2+ bedrooms, 2+ bathrooms, 1,455 SQFT, and .06 acres for $350,000 at 6030 Epping Forest Way.

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 $435,000 in May 2023, which is higher than a month previous at $419,967. The median sale price rose 1.1% compared to the $430,167 median sale price a year ago in May 2022.

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

$311.79 is the average price per square foot for a Raleigh, North Carolina homes. This is an increase compared to the $252.86 average price per square foot last month, May 2023, and an increase compared to the $256 average a year prior in May 2022. Currently, a 1,300 SQFT house at 1232 Somerset Road in Raleigh, North Carolina has the lowest price per square foot at $115.31, while a 865 SQFT townhome at 2216-2224 Wake Forest Road in Raleigh, North Carolina has the highest at $1,127.17.

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

$575,972 is the median list price for homes for sale in Raleigh, North Carolina. This is an increase compared to the $435,000 median sale price last month, May 2023, and an increase compared to the $430,167 median sale price a year prior in May 2022.

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

16 days on market is the May 2023 average for homes for sale in Raleigh, North Carolina. This represents a decrease from the previous month's average of 22 days on market, and an increase from the same month the year prior of 6 days on market average. Most recently, a 2+ bedrooms, 2+ bathrooms, 1,455 SQFT, and .06 acres townhome at 6030 Epping Forest Way in Raleigh, North Carolina has been on the market for 1 day, while 2441 Campus Shore Drive 107 in Raleigh, North Carolina with 1+ bedroom, 1+ bathroom, and 724 SQFT has been on the market for 1,072 days.