$818,941Average Value$250Average Price per Sq Ft5Homes For Sale
Largest intact 19th-century residential neighborhood in the state
One of Raleigh’s longest-standing residential areas, Oakwood is a 19th-century neighborhood full of unique architecture and historic charm. “It’s one of my favorite parts of the city,” says Ryan Sabatini, a Broker with Rich Realty Group who has been selling in the area for three years. “It has a great historical overlay, but it’s also right next to downtown. It’s a great example of the new mixed with the historic.” Homes here are painted in beautiful shades of pastel, with white picket fence-lined front yard gardens. Oakwood also has highly rated schools, an active historic society and a 72-acre cemetery built in 1869 that gives the neighborhood a quiet sense of peace.
There is plenty of classic architecture for all tastes in Oakwood.
Some of the city's best known residents are buried here.
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Historic homes in every shade
Homes here come in styles including Queen Anne, Victorian and Neoclassical Revivals, all from the mid-to-late 1800s and early 1900s. The Southern variations of these styles often include elaborate latticework and large porches, the latter being a vital addition to mitigate the summer heat in the pre-air conditioning era. Those looking for a more contemporary choice will find plenty of suburban options, like American Vernacular and Foursquare homes. A bungalow built in the 1910s and a 2010s Traditional home will both start at about $500,000 to $600,000. At the high end of the price range, historic estates consisting of three to five bedrooms tend to go for over $1 million. Sabatini notes that in order to maintain the character of the neighborhood, “you might have to get approval from the historic society if you want to make any changes to the homes.”
Some of the oldest Historic homes can be found in their best condition in Oakwood.
The "painted Ladies" stand guard over Historic Oakwood Cemetery.
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Strolling through the peaceful Oakwood Cemetery
Sitting on the corner of a residential street, Oakwood Commons Park offers a small fenced-in playscape, picnic tables and chairs. At LeVelle Moton Park, residents can play a pickup game at the public basketball courts or take their kids to the two playgrounds. The neighborhood borders Historic Oakwood Cemetery, a garden-style burial site with more than 70 acres of park-like grounds and an off-leash area for dogs. “It might seem strange because it’s a cemetery, but it’s a really beautiful place to walk through,” Sabatini says. For more than 150 years, the cemetery has served the surrounding community and includes the resting places of seven governors, five U.S. Senators, eight Supreme Court Chief Justices of North Carolina and more. The cemetery also offers historical tours and community events, such as the Plein Air Drawing and Painting monthly meetup.
Oakwood Commons Park is 0.1 acres located in Historic Oakwood in Raleigh, NC.
Playgrounds for the kids are easily accessible.
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An up-close view of homes and gardens
The Society for the Preservation of Historic Oakwood organizes two annual tours. During the holidays, the Candlelight Tour offers a look inside 10 historic properties throughout the area, complete with docents to provide insight. In the spring, the Garden Club Tour showcases the neighborhood's greenery, accompanied by complimentary glass of sweet tea.
Convenient for dining out or in
Locals can walk to in-neighborhood eateries like Side Street Restaurant or Oakwood Pizza Box to grab a quick bite. Ranging from brunch to dinner with wine pairings, SmokeStacks is a family-owned restaurant with a cozy atmosphere. When it comes to grocery shopping, Weaver Street Market is known for its organic options and food bar. About a mile away is the Publix Super Market on Peace Street.
pizza
Weaver Street is where Oakwood locals shop for speciality groceries.
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Magnet schools with AP and Honors classes
The Capital District falls within the Wake County Public School System. Students may begin their education at Powell Elementary or Conn Magnet Elementary, both earning a B-plus on Niche. They can then graduate to Oberlin Magnet Middle, with an A rating, or Ligon Middle, which also earns an A. Broughton Magnet High is an A-minus-rated high school that offers 37 Honors courses; 36 International Baccalaureate (IB) Diploma Programme courses and 18 Advanced Placement (AP) courses. The neighborhood is within walking distance of two private colleges, Saint Augustine’s University and William Peace University.
Powell Elementary School is a magnet school in the King Charles neighborhood.
Broughton High School is located in the Cameron Village, neighborhood of Raleigh North Carolina.
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The walkable streets of downtown
Downtown Raleigh is less than a one-minute drive from the neighborhood, close enough that a commute to downtown by foot or bike is fairly easy. For public transportation, there are a few GoRaleigh bus stops in Oakwood. And for traveling a bit farther, the Raleigh-Durham International Airport is about 14 miles away via I-40.
Oakwood ia a very walkable neighborhood with close access to downtown.
For public transportation, there are a few GoRaleigh bus stops in Oakwood.
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
Interested in learning more about homes in this area?
Reach out to
Elizabeth Cranfill,
an experienced agent in this neighborhood.
Parks in this Area
Oakwood Commons Park
Playground
Oakwood Park
Baseball/Softball
Dog Park
Grills
Moore Square
Picnic Area
Events
Concessions
LeVelle Moton Park
Basketball
Picnic Area
Playground
Mordecai Historic Park
Trails
Events
Museum
Tarboro Road Park
Grills
Picnic Area
Tennis
Transit
Airport
Raleigh-Durham International
25 min drive
Bus
N East St & E Lane St
Bus
E Edenton St & N East St
Bus
Tarboro Rd & E Lane St
Bus
E Lane St & Seawell Ave
Bus
E Lane St & Linden Ave
Bus
N East St & E Jones St
Bus
E Edenton St & Idlewild Ave
Crime and Safety
1 - Low Crime, 10 - High Crime
Oakwood
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
4
4
Robbery
6
4
Burglary
7
4
Motor Vehicle Theft
8
4
Larceny
8
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Oakwood Demographics and Home Trends
On average, homes in Oakwood, Raleigh sell after 48 days on the market compared to the national average of 70 days. The median sale price for homes in Oakwood, Raleigh over the last 12 months is $324,000, down 32% from the median home sale price over the previous 12 months.
PRICE ADJUSTED! Owner says they will pay a full years of HOA fees if the home is under contract by 6/30/2025. Style AND lightening speed internet (superior to the neighbors), are the features and benefits that stand out amongst the crowds with unit 105 in the subdivision of 625 New Bern. If gazing at the skyline with panoramic views from your private rooftop terrace is on your wish list, look no
Historic Charm Meets Modern Comfort at 225 Elm Street! Discover this beautifully renovated 1906 single-family home in the heart of Raleigh. This charming 3-bedroom, 3.5-bath residence seamlessly blends historic character with contemporary amenities. Enjoy cozy evenings by the unique dual-sided fireplace, featuring wood-burning in the dining room and gas logs in the kitchen/breakfast nook - fully
Great opportunity to invest in growing area blocks from downtown. Four 2 bedroom 1 bath units with off street parking. Separately metered. 1 unit currently rented MTM. Other 3 held vacant intentionally to allow for Buyer plans. Large .23 acres lot is actually 2 residential lots. New construction in every direction, in Frequent Transit and rapid bus transit project is scheduled to break
Desirable school district and neighborhood. Many historic homes and walkable to downtown amenities like museums, restaurants, and nightlife. Recently updated kitchen. Large front porch with swing. Fenced backyard and outdoor shed with electricity. Large back deck for entertaining. Pets OK upon approval with non-refundable pet deposit. Available fully furnished for extra.
Welcome Home to Modern Luxury with Perfect Skyline Views! This End Unit, 3 Bedroom & 3.5 Bath Condo is AMAZING! Go Up to the Top Floor and Enjoy Your Own Fully Furnished, Private Rooftop Retreat - Relax and Take In the Gorgeous Panoramic Views of the Raleigh Skyline! Tons of Natural Light Throughout the Home with Floor to Ceiling Windows and Hunter Douglas Smart Shades Installed! Check Out
Rental: This beautiful home features soaring 12-foot ceilings, an updated kitchen, and thoughtful details that preserve its original character. Enjoy peaceful mornings or cozy evenings on the large, relaxing front porch complete with a classic porch swing or the private back deck. The private, flat, fully fenced backyard includes a powered shed—perfect for storage, hobbies, or a workshop. Located
Interested in learning more about homes in this area?
Reach out to
Elizabeth Cranfill,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has Equal Renters and Owners
Demographics
Total Population
1,956
Median Age
39
Population Density
11 ppl/acre
Population under 18
20.1%
On par with the national average
23.8%
Population over 65
13.1%
Below the national average
19.1%
Finances
Median Household Income
$130,582
Significantly above the national average
$71,702
Average Household Income
$143,733
Education and Workforce
High School Graduates
92.4%
College Graduates
66.7%
Significantly above the national average
34.1%
Advanced Degrees
31.3%
Above the national average
13.3%
% Population in Labor Force
56.7%
Weather
Annual Precipitation
46''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
0''
Area Factors
Very Bikeable
Bike Score®
83/ 100
Somewhat Walkable
Walk Score®
65/ 100
Good Transit
Transit Score®
66/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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.
