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:
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:
Neill McLeod
DASH Carolina
(984) 867-2304
45 Total Sales
1 in Walnut Creek
$315,000 Price
Marti Hampton
EXP Realty
(984) 238-9358
1,266 Total Sales
6 in Walnut Creek
$240K - $350K Price Range
George White
GEORGE WHITE REALTY
(888) 308-5763
43 Total Sales
1 in Walnut Creek
$272,900 Price
Param Buttar
Brier Creek Realty
(833) 432-5197
9 Total Sales
1 in Walnut Creek
$330,000 Price
Lexie Batchelor
Dogwood Properties
(470) 300-2030
118 Total Sales
1 in Walnut Creek
$360,000 Price
Sheryl Merritt
New Legacy Realty
(984) 205-3993
38 Total Sales
1 in Walnut Creek
$285,000 Price
| 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 | 4 | 4 |
| Crime Score | 5 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Walnut Creek, Raleigh sell after 46 days on the market compared to the national average of 57 days. The median sale price for homes in Walnut Creek, Raleigh over the last 12 months is $314,995, up 2% from the median home sale price over the previous 12 months.
|
Median List Price
$327,000
|
Median Sale Price
$314,995
|
|
Median Single Family Sale Price
$320,000
|
Median Townhouse Sale Price
$338,990
|
|
Median 2 Bedroom Sale Price
$252,250
|
Median Change From 1st List Price
3%
|
|
Last 12 months Home Sales
110
|
Median Home Sale Price YoY Change
2%
|
|
Average Price Per Sq Ft
$196
|
|
|
Number of Homes
4,242
|
Number of Homes for Sale
39
|
|
Median Year Built
2000
|
Months of Supply
4.30
|
|
Average Single Family Home Size Sq Ft
1,758
Below the national average
1,933
|
Average Townhouse Size Sq Ft
1,608
|
|
Median Lot Size Sq Ft
5,227
|
|
$1,188 - $2,017 per month
$1,390 - $1,529 per month
$664 - $1,541 per month
$1,040 - $2,076 per month
|
Number of Homes for Rent
46
|
Median Rent
$1,945
|
|
Median Single Family Home Rent
$1,800
|
Median 4 Bedroom Single Family Home Rent
$1,990
|
|
Median Townhouse Rent
$1,795
|
Median 3 Bedroom Townhouse Rent
$1,795
|
|
Total Population
17,719
|
Median Age
36
|
|
Population Density
6 ppl/acre
|
Population under 18
27.6%
On par with the national average
23.8%
|
|
Population over 65
13.1%
Below the national average
19.1%
|
|
|
Median Household Income
$66,603
Below the national average
$79,597
|
Average Household Income
$80,588
|
|
High School Graduates
81.4%
|
College Graduates
26.2%
Below the national average
34.1%
|
|
Advanced Degrees
10.2%
|
% Population in Labor Force
74.8%
Above the national average
64.9%
|
|
Annual Precipitation
46''
|
Average Winter Low Temperature
32°F
|
|
Average Summer High Temperature
90°F
|
Annual Snowfall
5''
|
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Southeast Raleigh neighborhood with greenways and a highly rated school
A diverse and relaxed neighborhood within 2 miles of the heart of downtown Raleigh
Growing neighborhood close to Saint Augustine's University and downtown Raleigh
Affordable homes about 2 miles from Downtown Raleigh
An historic Raleigh neighborhood mixing the vintage with the new
Contemporary homes in a historic setting near downtown Raleigh
