$598,245Average Value$459Average Price per Sq Ft35Homes For Sale
The historic and happening Capital District
Home to the North Carolina Executive Mansion, trendy restaurants and a massive event center, the Capital District is the bustling cultural center of Raleigh. “You’re getting close to the heart of downtown,” says Ryan Sabatini, a Broker with Rich Realty Group who has been selling in the area for three years. “There’s not a ton of residential area there, mostly shopping and dining.” The neighborhood's development dates to 1792 and radiates out from the executive mansion, creating a mix of historic structures and newer construction alongside restaurants, event centers and greenspace. Recent renovations also include high-rise apartment buildings to accommodate the neighborhood’s rise in population.
Exploring the flavors of downtown
Neighborhood restaurants showcase cuisines to satisfy all taste profiles. Gringo A Go Go is a family-owned eatery serving up authentic Mexican food with vegan options out of a former gas station. Taverna Agora Greek Kitchen & Bar offers rooftop patio views and Mediterranean dishes. For fans of barbecue, “Longleaf Swine is incredible,” Sabatini says. “It’s relatively new.” After picking up a coffee at one of the many cafes, residents can spend the day shopping at boutiques and art galleries like Raleigh Vintage and Gallery C, which has been open since 1985. Meanwhile, the exhibitions at the North Carolina Museum of Natural Sciences and the North Carolina Museum of History are always worth exploring. Maybe that night a show will be playing at one of the neighborhood’s theaters and venues, including The Burning Coal Theatre, which hosts live theatre in its red brick playhouse. For a weekly grocery run, Publix Super Market or Weaver Street Market are both convenient options.
Taverna Agora Greek Kitchen is a popular gathering spot in the Capital District.
Publix is a popular grocery store near the Oakwood neighborhood.
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Queen Anne homes and high-rise apartments
Homes here vary in style. On one block, there are attached town houses. On another, there are Queen Anne, Craftsman or colonial-style homes, some built as early as 1909. However, most older buildings have been turned into office buildings. With about 60% of the neighborhood renting, many residents live in apartments and condos, sometime high-rises or multi-use spaces above restaurants and shops. A one-bedroom condo on Glenwood Avenue will start at around $300,000, while a two-bedroom high-rise condo will go for closer to $800,000.
Some of the colonial-style homes in the Capital District were built as early as 1909.
Larger colonial-style homes are popular with Capital District residents.
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Attending concerts and conventions
At the Raleigh Convention Center, big names in entertainment come to the city. Musical acts, comedians, Broadway shows, ballets and speaking tours all perform at the center regularly. The venue also puts on annual events like GalaxyCon and the Raleigh Tattoo Arts Festival.
Raleigh Convention Center is a great place to enjoy a large event in the Capital District.
Red Hat Amphitheater is a great place to see an outdoor concert in the Capital District.
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Taking in Raleigh's greenery
The Capital District has two squares of green space. The first is Moore Square Park, a 4-acre area with an interactive fountain, visitor center and events that happen almost daily. “It’s a great spot to feel like you’ve stepped out of the city,” Sabatini says. Across the way is Nash Square, home to the Nash Square Squirrel carved from a 90-foot willow large oak and a monument honoring North Carolina’s fallen firefighters. Both parks offer spots to sit outside and enjoy views of downtown.
The firefighters monument is located at Nash Square in the Capital District.
Nature lovers go to Moore Square Park for its large grassy area in the Capital District.
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Walking or biking around the neighborhood
To avoid traffic, residents can easily walk or ride a bike to get around the neighborhood. There are bus stops throughout the neighborhood courtesy of the GoRaleigh transit system. Outside of the neighborhood, Raleigh-Durham International Airport is about 14 miles away via I-40.
Highly-rated magnet schools serving Wake County
A part of the Wake County Public School System, Capital District students may begin their education at Wiley Elementary, receiving an A-minus score on Niche or Conn Magnet Elementary, earning a B-plus. They can then graduate to A-rated Oberlin Magnet Middle and Broughton Magnet High, which holds A-minus rating. The high school offers 37 Honors courses; 36 International Baccalaureate (IB) Diploma Programme courses and 18 Advanced Placement (AP) courses. "Raleigh has some really great schools," Sabatini says. "Especially the ones that are close to downtown."
Wiley Elementary provides education for Capital District residents.
Broughton High School is located in the Cameron Village, neighborhood of Raleigh North Carolina.
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
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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 80 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 $495,000, down 7% 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
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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.
