$997,145Average Value$478Average Price per Sq Ft15Homes For Sale
Why Five Points is a great place to live in Raleigh
Five roads converge in Five Points, serving as an area landmark and giving this Raleigh community its name. As one of Raleigh’s pricier neighborhoods, people living here enjoy a great location close to Raleigh’s top attractions and beautiful homes that date as far back as the early 1900s. People living here enjoy walkability to well-loved local businesses and hangout spots – including those around the neighborhood’s distinctive intersection. The area is also zoned for top-rated public schools and has several parks in and around its boundaries, adding to its desirability.
Developed in the early-to-mid-20th century, Five Points is a historic residential community.
Vintage homes line the streets of Five Points.
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How much it costs to buy a home in Five Points
Smaller homes in Five Points typically sell between $500,000 and $900,000, while larger houses can go for between $1 million and $2.4 million. The median sale price for properties in Five Points is in the upper-$800,000s. That’s almost double Raleigh’s overall median sale price in the mid-$400,000s. “It’s one of the more expensive areas. It’s a great location inside the wealthiest zip code in Raleigh,” says Marshall Rich, longtime owner and broker-in-charge of Rich Realty Group. That said, some neighborhoods bordering Five Points, such as Fallon Park and Hayes Barton, have even higher medians, above $1 million.
Homes range from historic Bungalows to modern infills
Craftsman-style bungalows and American Foursquares with covered front porches are common in Five Points, and most were built between the early- and mid-20th century. These well-maintained and often renovated properties line the community’s quiet, tree-lined streets. That said, there are some newer homes and townhouses featuring modern styles throughout.
Five Points East is only 2 miles from the heart of downtown Raleigh.
Homes in Five Points showcase unique architectural details.
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You can walk to breweries and cafes in Five Points
Casual spots like Larry’s Coffee and Trophy Brewing are popular meetups in the neighborhood. Other local businesses in the community include:
The Third Place Coffee Shop
Lola's Beach Bar
Bloomsbury Bistro
For major retailers, The Village District has a lot of higher-end shopping and dining less than 2 miles away, and Midtown Raleigh has grocers like Costco and Wegmans down the road.
Lilly’s Pizza is a popular spot to eat in Five Points.
Nicklepoint Brewing hosts live music in the evenings in Five Points.
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Top-rated Wake County Public Schools in the area
Kids in Five Points are zoned for top-rated schools in the Wake County Public School System. Younger students may begin at Underwood Magnet Elementary School, which is within walking distance of many homes in the neighborhood. Older kids continue to Oberlin Magnet Middle School and Needham Broughton Magnet High School. Broughton High offers diverse academic experiences through its Global Studies & Language Immersion magnet program and International Baccalaureate program. Nearby private options include St. David’s School, a Christian school serving kindergarten through 12th grade.
The Underwood Gifted & Talented Magnet Elementary School is near Five Points.
Oberlin Middle School has Global Studies & Language Immersion programs near Five Points.
Broughton High School is near Five Points.
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Getting to downtown Raleigh and around town on major interstates
Five Points is very walkable, but it’s also close to major roads that connect around the region. Glenwood Avenue, which goes through the neighborhood, takes drivers south into downtown Raleigh or north to Interstate 440. Interstate 440 is sometimes referred to as the Raleigh Beltline and encircles the city. GoRaleigh bus routes also run through Five Points East and offer service to downtown.
It's a 2-mile trip south to downtown Raleigh from Five Points.
Commuters in Five Points can take Capital Boulevard to merge onto Interstate 440.
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Five Points has a friendly vibe with an eclectic mix of old and new
With walkability to well-loved businesses and long-term residents, Five Points has a strong community atmosphere. “There are some people who have lived here forever and ever and would never move because they’re in the heart of everything,” says Jamie Buckley, broker at Berkshire Hathaway HomeServices. “There's a lot of little nooks in Five Points. Larry’s Coffee is literally on a dirt road, but everyone knows about it. That’s the main place you can get coffee.” The mix of older homes and newer infill builds adds to the neighborhood’s eclectic vibe. “There is a historic overlay for Five Points, but it kind of has a modern feel,” Rich says.
Outdoor spaces include Roanoke Park and Fallon Park
The Five Points area has small parks within its boundaries and nearby. “You’re never more than a five-minute walk from a great park when you live here,” says Lexie Batchelor, a principal broker with Dogwood Properties who has sold several homes in the area. Options include:
Roanoke Park, which has a playground and sledding hill in the neighborhood
Fallon Park, with picnic areas and a walking trail
Fred Fletcher Park, with manicured walking paths and flower beds
Fallon Park is a long and slender wooded area between Royster Street and Oxford Road in Five Points.
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 Five Points neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Five Points
US
Homicide
2
4
Sexual Assault
3
4
Assault with Weapon
2
4
Robbery
2
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
2
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Five Points Demographics and Home Trends
On average, homes in Five Points, Raleigh sell after 50 days on the market compared to the national average of 53 days. The median sale price for homes in Five Points, Raleigh over the last 12 months is $890,000, consistent with the median home sale price over the previous 12 months.
MOVE IN READY! BUILDER INCENTIVES! Welcome to 1527 Urban Trace Lane, a Parade of Homes showcase where modern luxury meets effortless convenience. This is more than a home—it's a lifestyle upgrade. Step inside & feel the difference of a thoughtfully designed, open floor plan that draws you straight into a chef's dream kitchen. Outfitted w/ a WOLF gas range, Thermador refrigerator, & custom
Builder incentives available—an exceptional opportunity in the heart of Five Points.Move right into this stunning, elevator-equipped townhome where modern luxury meets effortless urban living. A private elevator services every level, culminating in your exclusive rooftop retreat—an entertainer's dream complete with a built-in gas firepit and wet bar/kitchen, ideal for sunset gatherings, movie
Builder incentives available—an exceptional opportunity in the heart of Five Points.Move right into this stunning, elevator-equipped townhome—one of the last two move-in-ready interior homes with a 2-car garage currently available—where modern luxury meets effortless urban living. A private elevator services every level, culminating in your exclusive rooftop retreat, an entertainer's dream
Builder incentives available—an exceptional opportunity in the heart of Five Points.Move right into the largest and most private end-unit townhome in Urban Place at Five Points, where modern luxury meets effortless urban living. A private elevator services every level, culminating in your exclusive rooftop retreat—an entertainer's dream complete with a built-in gas firepit and wet
Builder incentives available—an exceptional opportunity in the heart of Five Points.Move right into this stunning, elevator-equipped townhome where modern luxury meets effortless urban living. A private elevator services every level, culminating in your exclusive rooftop retreat—an entertainer's dream complete with a built-in gas firepit and wet bar/kitchen, ideal for sunset gatherings, movie
Builder incentives available—an exceptional opportunity in the heart of Five Points.Move right into this stunning, elevator-equipped townhome where modern luxury meets effortless urban living. A private elevator services every level, culminating in your exclusive rooftop retreat—an entertainer's dream complete with a built-in gas firepit and wet bar/kitchen, ideal for sunset gatherings, movie
Tucked onto a quiet street inside the belt line, you'll love this bright and spacious bungalow in Raleigh's highly desirable Five Points neighborhood. Features hardwood floors, high ceilings, close walk to movies, restaurants, pubs, and shopsFor property details and application please scan the QR code photograph
Great condo in desirable location inside the beltline. Minutes to downtown, Five Points, and I40. All hardwoods on the 1stfloor and crown molding. 1st floor has kitchen, living area and half bath, upper level has one bedroom and full bath. Privacy fencing to enjoy peaceful evenings or to entertain!
Don't settle for a cookie-cutter apartment—this charming, updated 2-bedroom duplex sits in the heart of Five Points with off-street parking and incredible walkability with easy access to downtown and North Hills—fully renovated kitchen with stainless steel appliances, open-concept living, hardwood floors throughout, and recessed lighting. Two generously sized bedrooms share a beautifully
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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.
