$304,619Average Value$206Average Price per Sq Ft18Homes For Sale
What it's like to live in Walnut Creek
Walnut Creek is a suburban area in southeast Raleigh. It has recently experienced a lot of growth, but it still has some rural-feeling pockets. Home prices here are typically lower compared to Raleigh as a whole, and downtown is a quick drive away. Walnut Creek is also home to Coastal Credit Union Music Park, a major music venue.
How much it costs to live in Walnut Creek
The cost of living in Walnut Creek is lower than in other parts of Raleigh. "Walnut Creek is totally evolving, and that area still has very affordable housing options," says Lisa Hayes, Realtor at Compass Real Estate. The median home sale price in Walnut Creek is in the low $300,000s, while the larger Raleigh area has a median home sale price in the mid $400,000s.
Types of properties in Walnut Creek
There are many options for homebuyers in Walnut Creek. Single-family homes include ranch styles from the mid-20th century, as well as New Traditional houses built in the 1990s and 2000s. The area has seen new developments that appeal to buyers and renters, including townhomes and apartments along major throughways like Rock Quarry Road.
Despite new development, the area still feels quiet. "It's grown like crazy, but still has that country feel to it. And you only have to drive a little way from a main road," Hayes says.
Townhomes are a popular option in Walnut Creek.
Single family homes make up a majority of the residences in Walnut Creek.
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Wake County Public Schools serve the community
Several schools in the Wake County public school system serve Walnut Creek. Some include Southeast Raleigh Elementary School and Southeast Raleigh Magnet High School. Another local option is the well-rated Centennial Campus Magnet Middle School. It's close to North Carolina State University's Centennial Campus and partners with the university to offer its STEM Magnet pathway.
Bugg Elementary is one of the schools that serve the students of Walnut Creek.
Southeast Raleigh Elementary School
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Things to do in the area
Walnut Creek is close to many amenities, including:
Concert venues like Coastal Credit Union Music Park and Red Hat Amphitheater,
Retail at White Oak Crossing and Walnut Creek Shopping Center, and
Outdoor spaces like the 15-mile Walnut Creek Trail and Worthdale Park.
Coastal Credit Union Music Park at Walnut Creek hosts many festivals and performances.
Coastal Credit Union Music Park is located in the Walnut Creek neighborhood.
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Commuting to downtown Raleigh and RTP from Walnut Creek
Walnut Creek is about a 15-minute drive from downtown Raleigh, and Research Triangle Park, a major hub of employment in the region, is a 30-minute drive. "You have great access to major freeways. The [Interstate] 540 and as well the 440 gives you easy access to so many points," Hayes says. Walnut Creek is also home to the Wake Correctional Center and North Carolina Correctional Institute for Women, two of Raleigh's prisons.
How the area is growing and changing
Walnut Creek has a mix of longtime residents and newer families moving in. "A lot of older people live here, but it's been changing in the last three or four years due to new houses and apartments being developed," says Troy Smith, director of the Worthdale Community Center in the neighborhood.
Hayes notes that, thanks to this growth, new shopping and dining options are also being added. "They're still lacking a bit of the shopping and the kind of kitschy, quaint areas," Hayes says. "It's coming. If you invest now into a property in that area, you're going to see many more things coming your way."
Pros and cons of living in Walnut Creek
Locals of Walnut Creek enjoy:
Quick commutes to downtown Raleigh
Relatively affordable home prices
Proximity to Coastal Credit Union Music Park
However, there are some downsides to living in the area:
Public transportation is limited
Shopping and dining options are a bit of a drive away
Occasional concert traffic around Coastal Credit Union Music Park
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 Walnut Creek neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Walnut Creek
US
Homicide
4
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
5
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Walnut Creek Demographics and Home Trends
On average, homes in Walnut Creek, Raleigh sell after 42 days on the market compared to the national average of 54 days. The median sale price for homes in Walnut Creek, Raleigh over the last 12 months is $310,000, up 2% from the median home sale price over the previous 12 months.
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