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.
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.
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.
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.
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.
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.
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."
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
Ryan Sabatini
Rich Realty Group
(669) 201-3396
77 Total Sales
3 in Walnut Creek
$228K - $290K Price Range
Anita Oxford
Compass -- Raleigh
(855) 578-2074
137 Total Sales
2 in Walnut Creek
$225K - $454K Price Range
Jenny Wenzell-Ortiz
Choice Residential Real Estate
(984) 789-5679
50 Total Sales
2 in Walnut Creek
$335K - $360K Price Range
Michelle Barrow
Keaton Barrow Realty
(833) 313-4852
60 Total Sales
3 in Walnut Creek
$220K - $320K Price Range
Steve Gunter
COMPASS
(984) 214-8519
180 Total Sales
2 in Walnut Creek
$255K - $333K Price Range
VD
Vivica D. Smith
NORTH CAROLINA HOMELINK & ASSOCIATES, INC.
(877) 846-1156
99 Total Sales
2 in Walnut Creek
$220K - $351K Price Range
| 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
On average, homes in Walnut Creek, Raleigh sell after 40 days on the market compared to the national average of 53 days. The median sale price for homes in Walnut Creek, Raleigh over the last 12 months is $314,900, up 5% from the median home sale price over the previous 12 months.
$1,100 - $2,135 per month
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Southeast Raleigh neighborhood with greenways and a highly rated school
Close-knit residential neighborhood in eastern Raleigh
A diverse and relaxed neighborhood within 2 miles of the heart of downtown Raleigh
