$593,471Average Value$467Average Price per Sq Ft27Homes For Sale
Raleigh's buzzy urban core has many cultural amenities
The Capital District offers urban living in the heart of downtown Raleigh. People living here are within walking distance of the city's many museums, restaurants, bars and concert venues. And, with many GoRaleigh bus stops and an Amtrak station in the neighborhood, there are even more options for getting around. The Capital District's many apartment buildings accommodate renters, but modern condos and townhouses also come up for sale. Plus, highly rated Wake County public schools and several universities are in or near downtown.
Modern condos and some older homes downtown
Apartments make up most of the living spaces in the Capital District, and over 80% of residents here are renters. For buyers, townhouses and ultramodern, high-rise condos are common. There is, however, a handful of single-family homes, including American Foursquare and Colonial Revival styles from the early 1900s. "We have an incredible housing diversity, says Erica Sizemore, broker/owner at Keller Williams Raleigh.
Some of the colonial-style homes in the Capital District were built as early as 1909.
Larger colonial-style homes are also nearby.
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Cost of buying a property in the Capital District
Properties in the Capital District typically range from the mid-$300,000s to the upper $900,000s. Some residences, including recently built luxury townhouses, can go for over $1 million. "Certainly, just like any town, the more central you go, the prices do get higher," Sizemore says.
The Capital District has a median sale price in the mid-$400,000s, which is on par with the city's overall median price. That price is also lower than the median in more residential neighborhoods nearby, such as Oakwood and Boylan Heights.
Things to do in the Capital District include museums
There's plenty to do in the Capital District. You can take a stroll through one of many museums, such as the North Carolina Museum of Natural Sciences, or pick up lunch at one of the area's many restaurants. Moore Square is another hotspot, holding music festivals, markets and movie nights. "It's a great spot to feel like you've stepped out of the city," says Ryan Sabatini, Broker with Rich Realty Group, who has been selling in the area since 2021. At night, you can walk to nearby Glenwood South for barhopping or check out concerts and events at venues like Red Hat Amphitheater or the Martin Marietta Center for the Performing Arts.
The Raleigh Convention Center hosts large events in the Capital District.
Red Hat Amphitheater has outdoor concerts in the Capital District.
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Diverse dining options are throughout the Capital District
Downtown's many restaurants and hangout spots cater to any occasion, from relaxed mornings with a cup of coffee to Friday night outings and upscale date nights. Some popular establishments here include:
Taverna Agora Greek Kitchen & Bar, a Greek restaurant with a rooftop patio
Longleaf Swine, a modern barbecue spot with outdoor seating
Morning Times, a rustic coffee and pastry shop with exposed brick walls
Watts & Ward, a spacious basement bar with eclectic decor and leather couches
Taverna Agora Greek Kitchen is a popular gathering spot in the Capital District.
Publix is in downtown Raleigh.
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The Capital District has an urban, walkable vibe
The Capital District has gridded streets and high-rises that give it an urban feel. Although it's not highly residential, the area's walkability to bars, restaurants and employers make it a popular spot for young professionals. The area has plenty of apartment buildings and condos, as well as a small number of single-family homes, that accommodate buyers and renters seeking a downtown feel.
Wake County schools and several nearby universities
The Wake County Public School System serves students in the area. Kids may begin at Wiley Magnet Elementary School or Conn Magnet Elementary School before continuing to Oberlin Magnet Middle School and Broughton Magnet High School. All of these schools earn high ratings from Niche. "Raleigh has some really great schools," Sabatini says. "Especially the ones that are close to downtown."
There are many options for higher education nearby. North Carolina State University, a large public school with nearly 40,000 students, is about 2 miles west. Smaller schools, such as Shaw University, Saint Augustine's University and William Peace University, are also nearby.
Wiley Elementary provides education for Capital District residents.
Broughton High School is located in the nearby Village District.
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Getting around downtown Raleigh and the region
In addition to walking, there are plenty of other ways to get around the Capital District. Bike lanes are along major roads like Morgan and Person streets, and GoRaleigh bus stops are on nearly every street corner. For trips around the region, nearby interstates 40 and 440 connect around Raleigh and to nearby cities like Durham.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Capital District neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Capital District
US
Homicide
6
4
Sexual Assault
7
4
Assault with Weapon
6
4
Robbery
5
4
Burglary
9
4
Motor Vehicle Theft
9
4
Larceny
9
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Capital District Demographics and Home Trends
On average, homes in Capital District, Raleigh sell after 69 days on the market compared to the national average of 53 days. The median sale price for homes in Capital District, Raleigh over the last 12 months is $439,950, down 18% from the median home sale price over the previous 12 months.
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Prices, promotions, and availability are subject to change. Boldly claiming its spot just north of downtown in Raleigh, NC, Alexan Moto makes a statement. This all new community of luxury studio, 1 and 2 bedroom apartment homes boasts some of the finest amenities, most elegant surroundings and the walkable lifestyle youve been searching for. Top tier retail and high end restaurants are at your
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
