$589,519Average Value$219Average Price per Sq Ft54Homes For Sale
Falls River was made for almost every budget
When some people move to Raleigh, they want to be close to the downtown scene but in a quiet residential area. Falls River is just that: a community designed for anyone needing a small townhouse or a grand estate, while being 30 minutes from jobs in downtown Raleigh. The area "is a planned, urban development, so it really targets all different buyers,” says Sue Greer, Realtor and team lead of the Sue Greer Team with Allen Tate. “You’ve got townhouses, and you’ve got Charleston-style homes. And you even have a section called the Estates. In the middle of the neighborhood, there are some shops and a wonderful pool with a full-time activity director and lots of activities for all ages. It’s a complete lifestyle community. The theme of it was based on the movie 'It’s a Wonderful Life.' There’s even a town square surrounded by townhouses where they’ll do different activities for the kids, like at Halloween. It hits a lot of needs.”
Falls River is a neighborhood in North Raleigh.
The theme of Falls River is based on "It's a Wonderful Life".
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Townhouses, single-family homes and large estates
Construction started here around 2000, and there are sections of townhouses and detached single-family homes with bungalow or Charleston-style designs. “Basically, you can go from a small townhouse to a larger one,” Greer says. “You could go from a small cottage house to an estate-type home. So, the real estate there targets a multitude of needs.” Townhouses range from $300,000 to $500,000, while detached single-family homes can sell for $500,000 to $900,000. Large Craftsmans in a section called Bedford Estates have at least four bedrooms and can sell for over $1 million due to their size.
On average, homes sell within 28 days on the market, while the national average is 44. “I had an estate home on the market, and the amount of showings and offers was incredible,” Greer says. “It would have sold in five minutes, but I cut off the showings after a day and a half. One of my agents also had one in a different section, and the same thing happened. There’s never a lot for sale, but people want to be there.”
Townhomes in Falls River start around $300,000.
Homes in Falls River community stay on the market an average of 17 days.
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Driving to downtown Raleigh and nearby destinations
Sidewalks line most residential streets, and tall trees shade the walkways and modest yards. The nearest bus stops are along Raven Ridge Road near the Falls River Town Center, so most residents rely on their cars to get around. Downtown Raleigh is about 15 miles south. Falls of Neuse Road, the area's main route, leads to destinations like WakeMed North Hospital. The road also connects to Interstate 540, which drivers use to reach Raleigh-Durham International Airport.
Downtown Raleigh is about a 30-minute drive from Falls River.
WakeMed North Hospital is just down the road from Falls River neighborhood.
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Students attend highly rated schools
Students may attend Abbotts Creek Elementary, which earns an A from Niche. Abbotts Creek has an enrollment cap, so when the maximum attendance is met, enrollment flows to the B-rated Fox Road Elementary. Wakefield Middle School receives an A-minus. Wakefield High School gets a B-plus and offers the Career & College Promise program that allows students to take courses through Wake Tech Community College. Falls River is about 30 minutes from the A-rated North Carolina State University.
Abbott's Creek Elementary School serves students in the Falls River community.
Wakefield High School serves students in Falls River.
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Community parks and a popular recreation center
The community has three playground parks: Bailey Park, Pottersville Park and Jellystone Park. When residents want to cool off when summer weather reaches into the 90s, they head to the recreation center. The center’s community pool is near the volleyball and tennis courts and playground. Hikers and bikers can park at the lot off Falls River Avenue or Bedfordtown Drive before hitting the 28-mile Neuse River Greenway trail.
Pottersville Park is located in the Falls River community in Raleigh, NC.
The Falls River community's recreation center has a 3,500-square-foot clubhouse with swimming pool, tennis courts, volleyball courts and a playground.
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Shops and restaurants about 20 minutes away
“Lafayette Village and the Lifetime Fitness are five minutes away,” Greer says. “You can just as easily come into Raleigh or Wake Forest to dine. There are a lot of restaurants and places within a 15-to-20-minute radius.” The Shoppes at Bedford is a small center in the heart of the community, where residents can walk to North Raleigh Spa & Salon or Bedford Food & Drink. At Falls River Town Center, they can get groceries at Food Lion, order seafood at Nantucket Grill or find craft supplies at Oak City Fibers. North of the community, Wakefield Crossing also features a Food Lion and the Wakefield Tavern.
Lafayette Village is a five-minute drive from Falls River.
Most residents of Falls River shop for groceries at Food Lion at the Falls River Town Center.
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 Falls River neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Falls River
US
Homicide
2
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
3
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Falls River Demographics and Home Trends
On average, homes in Falls River, Raleigh sell after 44 days on the market compared to the national average of 58 days. The median sale price for homes in Falls River, Raleigh over the last 12 months is $492,250, down 6% from the median home sale price over the previous 12 months.
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