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Warehouse District

Warehouse District

$666,769 Average Value
$426 Average Price per Sq Ft
10 Homes For Sale

What it’s like to live in Raleigh’s Warehouse District

Once the center of industry in Raleigh, the Warehouse District today is a busy, urban neighborhood with nightlife, trendy restaurants and galleries. Properties here blend old and new, with repurposed warehouses sitting next to modern buildings. Home to Raleigh's Contemporary Art Museum, the LGBTQ+ Legends Nightclub Complex, and other significant landmarks and businesses, the Warehouse District is at the heart of the city’s cultural life. The over-300-acre Dix Park is also nearby, featuring art installations and many trails.

The Warehouse District in downtown Raleigh is home to many older brick buildings.
The Warehouse District in downtown Raleigh is home to many older brick buildings.
The Dillon is the newest mixed-use building in the Warehouse District.
The Dillon is the newest mixed-use building in the Warehouse District.
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Housing options include condos, apartments and townhouses

Three-quarters of the people living in the Warehouse District rent their homes, and high-rise apartments make up most of the residential options. Buyers can find condos and townhouses for sale, though. This area is evolving quickly, too, with new buildings under construction and older buildings undergoing upgrades. “In the Warehouse District, people have come in and started really renovating,” says Jamie Buckley, broker at Berkshire Hathaway HomeServices, noting how the area around downtown has rebounded since the COVID-19 pandemic.

Today, you'll find a mix of sleek, modern buildings and converted warehouses with red brick exteriors in the neighborhood. “We have a number of condo complexes like Park Devereux and Martin Place,” says Ann-Cabell Baum, broker with The Glenwood Agency and longtime resident of the area. “And they’re just as precious as can be – each with their own style.” There are also a few single-family homes bordering the Boylan Heights neighborhood in the Warehouse District, and these include bungalows and cottages from the early 1900s.

Modern town homes and condos are the place to live in the Warehouse District.
Modern town homes and condos are the place to live in the Warehouse District.
Sleek modern condos line the streets of  the Warehouse District.
Sleek modern condos line the streets of the Warehouse District.
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Cost of living in the Warehouse District

Properties in the warehouse district typically range from the low $400,000s to the upper $800,000s, with some larger, luxury condos selling as high as $1.45 million. The Warehouse District’s median sale price for properties is in the low $500,000s, a bit higher than the neighboring Capital District, but lower than the more residential Boylan Heights.

The Warehouse District is walkable and transit-friendly

There are a lot of ways to get around the Warehouse District: Raleigh’s Union Station, one of the busiest Amtrak stations in the Southeast, is in the neighborhood, and GoRaleigh bus stops are throughout. Plus, “The neighborhood is so walkable,” Baum says. “Part of the charm is how easy it is to get around on your own two feet.”

Union Station, Raleigh's main Amtrak station, is in the Warehouse District.
Union Station, Raleigh's main Amtrak station, is in the Warehouse District.
The GoRaleigh Bus runs through the Warehouse District.
The GoRaleigh Bus runs through the Warehouse District.
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Bars and restaurants are within walking distance

The Warehouse District’s longstanding, locally owned businesses anchor the neighborhood and offer a mix of places to eat and hang out, including:

  • Legends Nightclub Complex, an LGBTQ+ club that’s been around since the ‘90s
  • Crank Arm Brewing Company, a cycling-themed hangout serving craft beers
  • Videri Chocolate Factory, an artisanal shop with made-on-site sweets and coffee
  • Oak Steakhouse, an upscale date night spot with contemporary accents

Flex is a nightclub and bar in the Warehouse District.
Flex is a nightclub and bar in the Warehouse District.
Take a tour of Videri Chocolate Factory in the Warehouse District.
Take a tour of Videri Chocolate Factory in the Warehouse District.
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Art and culture thrive in Raleigh’s Warehouse District

Blending old and new, former industrial spaces in the Warehouse District have been repurposed into condos and businesses. Murals paint the side of brick buildings, adding pops of color to the urban landscape, and CAM Raleigh features living artists from diverse backgrounds in its galleries. The neighborhood is also home to prominent LGBTQ+ spaces such as FLEX Nightclub and Legends Nightclub Complex, which have both operated in the Warehouse District for several decades. Plus, the area is also within a mile of the 300-plus-acre Dix Park, the Raleigh Convention Center and Red Hat Amphitheater, further enhancing the community’s cultural pull.

Nearby Dix Park is home to J. Cole's Dreamville Festival.
Nearby Dix Park is home to J. Cole's Dreamville Festival.
CAM Raleigh in the Warehouse District features a revolving selection of artists.
CAM Raleigh in the Warehouse District features a revolving selection of artists.
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How the Warehouse District compares to other neighborhoods

Like downtown Raleigh’s neighboring Capital District, the Warehouse District has an urban landscape within walking distance of galleries, parks, bars and restaurants. That said, the Warehouse District has a more eclectic feel, without as many government and corporate offices.

Another nearby neighborhood, Boylan Heights, also has an artsy, fun vibe, but it feels more residential than the Warehouse District. More people in Boylan Heights own their homes, and the mature trees and artfully decorated lawns make it feel more established and slower-paced.

Faith Wakefield
Written By
Faith Wakefield
Bryan Regan
Photography Contributed By
Bryan Regan
EB Fox
Video By
EB Fox

Agents Specializing in this Area

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Schools

Source:
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

Parks in this Area

Transit

Airport

Raleigh-Durham International

23 min drive

Bus

W Lenoir St & S West St

Bus

South St & West St

Bus

S Saunders St & Dorothea Dr

Bus

Morgan St & Glenwood Ave

Bus

Dawson St & Cabarrus St

Bus

W Davie St & S Harrington St

Bus

W Morgan St & S Harrington St

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Warehouse District US
Homicide 6 4
Sexual Assault 7 4
Assault with Weapon 6 4
Robbery 5 4
Burglary 10 4
Motor Vehicle Theft 9 4
Larceny 8 4
Crime Score 7 4

Source: WhatIsMyCrimeRisk.com

Warehouse District Demographics and Home Trends

Housing Trends

Median List Price
$520,000
Median Sale Price
$485,000
Median Single Family Sale Price
$445,000
Median Townhouse Sale Price
$1,192,500
Median 2 Bedroom Sale Price
$520,000
Median Change From 1st List Price
4%
Last 12 months Home Sales
11
Median Home Sale Price YoY Change
1%
Average Price Per Sq Ft
$426

Neighborhood Facts

Number of Homes
227
Number of Homes for Sale
10
Median Year Built
2005
Months of Supply
10.90
Average Single Family Home Size Sq Ft
1,966
On par with the national average
1,930
Average Townhouse Size Sq Ft
1,783
Average 2 Bedroom Size Sq Ft
1,299
Average 1 Bedroom Size Sq Ft
876
Median Lot Size Sq Ft
43,560

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,877
Median Age
32
Population Density
17 ppl/acre
Population under 18
19.9%
On par with the national average
23.8%
Population over 65
6.2%
Below the national average
19.1%

Finances

Median Household Income
$102,160
Above the national average
$79,601
Average Household Income
$122,654

Education and Workforce

High School Graduates
91.8%
College Graduates
59%
Above the national average
34.1%
Advanced Degrees
25.8%
Above the national average
13.3%
% Population in Labor Force
67.2%

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®

77 / 100

Very Walkable

Walk Score®

88 / 100

Excellent Transit

Transit Score®

71 / 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.

Nearby Neighborhoods

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.
NEIGHBORHOOD
Warehouse District
Jason Queen
Monarch Realty Co.
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