$910,592Average Value$495Average Price per Sq Ft15Homes For Sale
Historic residential district near downtown Raleigh
Developed between the early 1910s and mid-20th century, Five Points East is a historic residential community located 2 miles from downtown Raleigh. “It’s been a desirable neighborhood for decades,” says Lexie Batchelor, a principal broker with Dogwood Properties who has sold several homes in the area. This neighborhood has two historic districts: Roanoke Park and Vanguard Park, which are both defined by rows of vintage homes along tree-lined suburban streets. Homebuyers are drawn to this neighborhood for its well-established character, zoning for highly rated public schools and convenient location near the downtown area.
Developed between the early 1910s and mid-20th century, Five Points East is a historic residential community.
Rows of vintage homes line the streets of Five Points East.
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20th-century homes with character in Five Points East
Despite being only 2 miles from the heart of Raleigh, Five Points East maintains a quiet and somewhat private atmosphere with ample lots, various deciduous trees and low-traffic streets. Craftsman-style bungalows and American Foursquares are abundant throughout the neighborhood, featuring entryway gables and covered front porches. Although most of the properties here date back to the early to mid-20th century, a handful of newer homes – some built as recently as 2023 – showcase more townhouse-style contemporary architecture with attached garages and sleek vinyl exteriors. Older single-family homes can range anywhere from approximately $400,000 to $1.5 million, whereas the modern contemporary-style builds cost upwards of $1 million.
Five Points East is only 2 miles from the heart of downtown Raleigh.
Most of the properties in Five Points East date back to the early to mid-20th century.
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Wake County Schools is a standout district for academics and athletics
Five Points East is zoned for the Wake County Schools district, which receives an overall A rating from Niche and was ranked No. 4 on Niche’s 2025 “Best School Districts in North Carolina” list. The district also earned the distinction of being the No. 1 school district for athletes in the state, according to Niche’s 2025 rankings. Most kindergarten through fifth-grade students here attend the A-rated Underwood Magnet Elementary within walking distance of most homes. However, a couple of the northern blocks are instead zoned for Joyner Magnet Elementary, which is rated A-minus. Neighborhood students are united at Oberlin Magnet Middle and Needham Broughton Magnet High School, both of which also receive A-minus ratings. The high school offers a range of academic experiences through its Global Studies & Language Immersion Magnet, International Baccalaureate program and Academy of Hospitality, Tourism and Sports Marketing.
Underwood Gifted & Talented Magnet Elementary School located near the Five Points East neighborhood.
Oberlin Middle School is known for it's Global Studies & Language Immersion programs. located near the Five Points East neighborhood.
Broughton High School is located near the Five Points East neighborhood.
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Community parks and fitness centers within walking distance
Numerous outdoor parks and recreation spaces in and around Five Points East put outdoor recreation close by for residents. “You’re never more than a five-minute walk from a great park when you live here,” Batchelor says. Surrounded by family homes in the middle of the neighborhood, Roanoke Park is a community green space with open lawns, a playground and athletic facilities for volleyball and basketball. Just under a mile north of Five Points East is Fallon Park, a 10-acre strip of land with picnic areas and an unpaved walking path stretching the length of the park. Locals also have options for indoor recreation at boutique fitness centers like Studio Brick and Barre3, which specializes in barre classes that incorporate things like weights, cardio and ballet.
Fallon Park is a long and slender wooded area between Royster Street and Oxford Rd in the Five Points East neighborhood.
Residents of Five Points East enjoy the Roanoke Park located in their neighborhood.
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Restaurants and local businesses border the neighborhood
Although most of Five Points East is residential, people can find several shopping centers and restaurants along the neighborhood's fringes. These commercial areas are a mix of older and newer establishments. “This area is still growing,” Batchelor says, adding that the community’s new restaurants have become a draw for potential homebuyers. Blocks branching from the Glenwood Avenue and Fairview Road intersection are packed with small businesses, local retailers and casual eateries like The Third Place, Lilly’s Pizza and Hayes Barton Café. Along Bickett Boulevard in the neighborhood’s southern end, residents can grab morning pastries from Bright Spot Donuts or dine at Ajja, a brightly themed Mediterranean restaurant. Breweries have also become a popular attraction in the area; Neuse River Brewing and Nickelpoint Brewing Company are side-by-side brewhouses with industrial-style interiors and outdoor patios. Residents can find several larger supermarkets like Harris Teeter within a 2-mile radius of the neighborhood.
Lilly’s Pizza is a Five Points East favorite spot to eat.
Nickle Point Brewing host live music in the evenings in the Five Points East neighborhood.
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Five Points East is walkable and convenient for commuters
Five Points East is a fairly walkable community with abundant sidewalks and pedestrian-friendly infrastructure in shopping areas. The neighborhood is also convenient for drivers and is bordered by main roads like Glenwood Avenue and Capital Boulevard. Locals can take either thoroughfare to make the 2-mile trip south to downtown Raleigh. Commuters can also take Capital Boulevard east to merge onto Interstate 440, a major freeway and northern beltway. GORaleigh bus routes run through Five Points East and offer service to downtown and the city’s northeast metro area. The Raleigh-Durham International Airport is a 12-mile drive west of the neighborhood.
It's a 2-mile trip south to downtown Raleigh from Five Points East.
Commuters in Five Points East can take take Capital Boulevard to merge onto Interstate 440.
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
On average, homes in Five Points East, Raleigh sell after 41 days on the market compared to the national average of 52 days. The median sale price for homes in Five Points East, Raleigh over the last 12 months is $860,000, up 2% from the median home sale price over the previous 12 months.
Charming Five Points Home - Walk to Shops, Restaurants & Downtown! Experience the best of Raleigh living in this beautifully updated 4-bedroom home in the highly sought-after Five Points neighborhood. Featuring refinished hardwood floors, a freshly painted interior, newer windows, and a newer roof, this home is move-in ready. Enjoy the convenience of a first floor bedroom with full bath.
Welcome to this fully remodeled home in the historic neighborhood of Roanoke Park in Five Points. This 2 or 3 bedroom home is turnkey and ready for immediate occupancy. Exterior 2025 upgrades/replacements include: new roof; newly painted, all brick exterior; new stone patio and fire pit in large backyard; new front door/upgraded keyless entry; upgraded landscaping and new exterior lighting
''Honey, stop the car -- this property has just had a major price reduction!!'' Comfortable and bright townhome at popular Barton Place is just minutes from Five Points, The Village District, Fletcher Park and downtown Raleigh. Special features include a spacious open layout, oak finish laminate floors and plantation shutters throughout, 2024 heat pump with double thermostats, corner location
FANTASTIC 2 bedroom, single bath unit in sought after Five Points location! Spacious ground level unit! Each bedroom has its own large closet and accessibility to the private patio! Washer & dryer included! Water, sewer, trash, and gas utilities included! Convenient location just minutes from shopping, dining, Roanoke Park, Glenwood South and the Village District! Call today for full details
FANTASTIC 2 bedroom, single bath unit in sought after Five Points location! Spacious ground level unit with updated kitchen boasting SS appliances and granite countertops! Each bedroom has its own large closet and accessibility to the private patio! Washer & dryer included! Water, sewer, trash, and gas utilities included! Convenient location just minutes from shopping, dining, Roanoke Park,
FANTASTIC 2 bedroom, single bath unit in highly sought after Five Points location! Spacious ground level unit with updated kitchen boasting SS appliances, granite countertops and full-size pantry! Each bedroom has its own large closet and accessibility to the private deck! Washer & dryer included! Water, sewer, trash, and gas utilities included! Convenient location just minutes from shopping,
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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.
