$481,560Average Value$390Average Price per Sq Ft7Homes For Sale
What it's like to live in Caraleigh
Caraleigh is a tucked-away neighborhood just south of downtown Raleigh. It has experienced a lot of new development in recent years, with more on the horizon. Options here include condos in a converted mill building, three-story detached townhouses and older single-family homes. There are apartment complexes as well. Popular Raleigh attractions like Dorothea Dix Park and the State Farmers Market are in the neighborhood, and new businesses and restaurants have brought life to this long-overlooked part of town.
The Caraleigh neighborhood offers easy access to downtown.
Caraleigh features welcoming community spaces and public art.
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Lower prices than neighboring communities
Properties sold in Caraleigh have a median price in the upper $500,000s. That's higher than neighboring communities like South Raleigh and Walnut Creek, which have median sale prices in the mid- to low-$300,000s, but lower than Raleigh's Capital District and other downtown neighborhoods.
Caraleigh real estate includes mid-century properties.
Diverse options for buyers and lots of rental properties
There are diverse housing options in Caraleigh. Pricier properties include recently built, three-story detached townhomes in Caraleigh Commons, some with views of the Raleigh skyline in the distance. Condos with exposed brick and big windows in the historic, converted factory at Caraleigh Mills can sell for upward of $1 million. Older houses include bungalows, minimal traditional and ranch-style properties from the early- to mid-20th century. The area also has modern, upscale apartment complexes such as Rockway Raleigh and The Row. About three-quarters of the people living in Caraleigh are renters.
Caraleigh Commons features modern detached townhomes.
Minimal traditional homes characterize older Caraleigh streets.
Rooftop decks offer skyline views from Caraleigh homes.
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Things to do in this Raleigh neighborhood
Homes in Caraleigh are next to major Raleigh attractions, such as the ever-growing Dorothea Dix Park and the State Farmers Market – which is open 365 days a year. A day in Caraleigh could include:
Enjoying a local beer at Trophy Brewing & Taproom
Sipping a latte from House of Many Porches and walking around Dix Park
Riding bicycles along the Rocky Branch Greenway
Ordering freshly made buttermilk biscuits at the State Farmers Market Restaurant
Dorothea Dix Park offers playgrounds near Caraleigh homes.
Caraleigh residents enjoy the disc golf course at Dix Park.
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New development is changing the face of Caraleigh
Jamie Ferguson, Realtor at Coldwell Banker Howard Perry & Walston Real Estate, notes that development in this area has historically been slow due to building restrictions around state roads and contamination from the mills that used to operate there. However, as more homes are built, development and amenities have come in. "There are coffee shops and breweries and bookstores and restaurants populating down there. Before, it was a food desert except for the farmers market," Ferguson says.
Poppy Voliva, a Realtor at Compass, notes that the city has been investing in new traffic calming measures and pedestrian infrastructure along Lake Wheeler Road, making the area more walkable and bikeable. "The neighborhood is still evolving. It's still a bit transitional. Some streets feel more established than others. Walkability is an issue in terms of safety, but it's improving," Voliva says.
Quiet vibe attracts professionals and families
According to Voliva, Caraleigh attracts a mix of professionals and families looking to live near the city but still enjoy a quieter vibe. "They're people that want downtown access without having the downtown intensity. If they want something that's a little bit older, you can still find some character in the area. They want those green spaces but also that convenience," she says. "I pitch the Caraleigh area to people who are trying to be strategic about future growth and what their house will appreciate to in five years."
The State Farmers Market offers fresh produce near Caraleigh homes.
Indoor vendors offer specialty items near Caraleigh real estate.
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Schools serving Caraleigh are top-rated
Caraleigh is part of the Wake County Public School System. Students are zoned for top-rated schools such as Washington Magnet Elementary School, Ligon Magnet Middle School and Enloe Magnet High School. Rising freshmen can apply to Enloe High's Medical Bio-Science Academy to learn more about medical careers while studying the core curriculum. North Carolina State University, a major public institution with over 40,000 undergraduate and graduate students, is less than 3 miles away.
Washington Magnet Elementary School is a historic school and building located near Caraleigh.
Education options near Caraleigh include Ligon Magnet Middle.
Enloe Magnet High School serves students living in Caraleigh.
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Commuting around the Raleigh area
South Saunders Street goes through Caraleigh and connects to downtown. GoRaleigh buses also serve several stops along the road in the neighborhood. Interstate 40 is just south and connects around the region. "People underestimate how convenient that area is," Voliva says.
Caraleigh residents utilize the local GoRaleigh bus system.
Skyline views are available from parks near Caraleigh.
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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Crime and Safety
1 - Low Crime, 10 - High Crime
Caraleigh
US
Homicide
4
4
Sexual Assault
6
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Caraleigh Demographics and Home Trends
On average, homes in Caraleigh, Raleigh sell after 60 days on the market compared to the national average of 53 days. The median sale price for homes in Caraleigh, Raleigh over the last 12 months is $550,000, down 12% from the median home sale price over the previous 12 months.
Freshly finished and flawlessly designed, this brand-new home by Walker Design Build is where craftsmanship meets cool, and elevated living meets everyday ease. With high-end finishes, thoughtful design, and a location that's quite literally brewing with excitement, this home is as much a vibe as it is a residence.From the moment you step inside, you'll feel it: wide-plank oak floors
PRE-SALE Opportunity a stones throw awaCally from Downtown Raleigh! 4 BR/3 BA 2-story SFR with FRONT and BACK Porch! Walkable to Dix Park and the Greenway. Be close to the action in a brand new home. Full Customization available, pick YOUR finishes!
Incredible Corner Lot Opportunity near Downtown Raleigh. Originally Two Lots that were combined into one. Could potentially be reverted back to original two lots. Two Bedroom home could be rented or tear down and build your dream home/investment property. Ideal location near 40, Downtown, Parks, & Future Development. Neighboring home was built in 2023 and sold for $855K. Great potential on this
Rare opportunity. Own a vacant ITB lot close to Downtown Raleigh within walking distance to Dix Park and the NC State Farmers Market. Previous home has been removed.
This isn't just a historic building; it's a fully upgraded, loft-style aesthetic. The former cotton mill, originally built in 1892, provides character you simply can't fake, featuring soaring ceilings, massive windows, exposed brick walls, and original hardwood floors that have stood the test of time. This historic charm is seamlessly blended with modern convenience: the unit has been completely
Bring your own builder to this homesite in Caraleigh Commons. located in the heart of the rapidly growing Downtown South District, just minutes from Downtown Raleigh, the NC Farmers Market, and Dix Park. The community features rooftop decks with skyline views, adjacency to protected woodlands, and direct access to the greenway trail system. This site is suitable for homes up to 2000 sqft. Buyers
Step into a rare blend of history and modern design in this stunning residence, set within one of Raleigh's most iconic fully restored mills. Soaring vaulted ceilings, original wood beams, and expansive historic windows flood the home with natural light, celebrating the building's storied past while offering every modern comfort. The open-concept layout creates effortless flow between the
Significant Price Improvement !! Now priced to move ! Seller has adjusted to meet buyer expectations. Don't wait on this one. Unlock the potential for this wonderful opportunity just minutes from downtown Raleigh! Situated in a rapidly developing area filled with new businesses, mixed-use projects, and high-rises, this property is perfect for investors or developers with vision. While the home
Bring your own builder to this homesite in Caraleigh Commons. located in the heart of the rapidly growing Downtown South District, just minutes from Downtown Raleigh, the NC Farmers Market, and Dix Park. The community features rooftop decks with skyline views, adjacency to protected woodlands, and direct access to the greenway trail system. This site is suitable for homes up to 3000 sqft. Buyers
New custom home opportunity in the heart of Caraleigh Commons! This thoughtfully designed 3-bedroom, 2.5-bath residence built by O'Connell Developing, LLC, and designed by K&A Design, offers the rare chance to secure new construction in one of Raleigh's most exciting urban communities — with the added bonus of buyer selection opportunities for those who go under contract early. Set for estimated
Currently offering 3 months of free rent, subject to change, contact beforehand. Pricing, specials, promotions, and availability are subject to change. Please confirm details prior to applying. Days on Market reflect the overall listing and may not apply specifically to this floor plan. RAY- Where Life Shines BrighterWelcome to Raleigh's home for the modern adventurer. Whether you're on the
Currently offering 3 months of free rent, subject to change, contact beforehand. Pricing, specials, promotions, and availability are subject to change. Please confirm details prior to applying. Days on Market reflect the overall listing and may not apply specifically to this floor plan. RAY- Where Life Shines BrighterWelcome to Raleigh's home for the modern adventurer. Whether you're on the
Currently offering 3 months of free rent, subject to change, contact beforehand. Pricing, specials, promotions, and availability are subject to change. Please confirm details prior to applying. Days on Market reflect the overall listing and may not apply specifically to this floor plan. THE HOLSTON (NOW OPEN!)A New ViewpointWelcome to Raleigh's home for the discerning connoisseur. An
Currently offering 3 months of free rent, subject to change, contact beforehand. Pricing, specials, promotions, and availability are subject to change. Please confirm details prior to applying. Days on Market reflect the overall listing and may not apply specifically to this floor plan. THE HOLSTON (NOW OPEN!)A New ViewpointWelcome to Raleigh's home for the discerning connoisseur. An
Currently offering 3 months of free rent, subject to change, contact beforehand. Pricing, specials, promotions, and availability are subject to change. Please confirm details prior to applying. Days on Market reflect the overall listing and may not apply specifically to this floor plan. THE HOLSTON (NOW OPEN!)A New ViewpointWelcome to Raleigh's home for the discerning connoisseur. An
Currently offering 3 months of free rent, subject to change, contact beforehand. Pricing, specials, promotions, and availability are subject to change. Please confirm details prior to applying. Days on Market reflect the overall listing and may not apply specifically to this floor plan. RAY- Where Life Shines BrighterWelcome to Raleigh's home for the modern adventurer. Whether you're on the
Delight in the height of modern living at The Holston. Striking design and intentional amenities work together to forge a refined lifestyle. Find a community of other residents who enjoy the camaraderie, convenience, and excitement of living near downtown Raleigh.
Welcome to Raleighs home for the modern adventurer. Whether youre on the way to the beach, to the mountains, or just a walk through the adjacent greenway, Ray at The Weld is a space to land between excursions to recharge and plan your next trip. Come home to truly vibrant living. Boldly designed, brilliantly energized, and infused with industrious spirit, here is a community for the modern
Introducing The Row — a modern, hospitality-inspiredcommunity at Rockway, perfectly situated just acrossfrom Dorothea Dix Park and at the southern edgeof Downtown Raleigh. Enjoy a range of thoughtfullydesigned apartment homes, including studio, one-,two-, and three-bedroom floorplans and a selectionof townhome-style residences.
$1,765 - $3,355 per month
Overture Centennial 55+ Active Adult Apartment Homes
Welcome to Overture Centennial, a place to rediscover yourself in the comfort of your own 55+ active adult apartment home. We've thoughtfully designed your community to reflect all the charm and allure of its surrounding areas, with beautifully crafted residences and resort-inspired amenities to support an active, healthy and social lifestyle. At Overture Centennial you're close to it all;
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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.
