Why Live in Five Points East
Developed between the early 1910s and mid-20th century, Five Points East is a historic residential community located 2 miles from downtown Raleigh. “It’s been a desirable neighborhood for decades,” says Lexie Batchelor, a principal broker with Dogwood Properties who has sold several homes in the area. This neighborhood has two historic districts: Roanoke Park and Vanguard Park, which are both defined by rows of vintage homes along tree-lined suburban streets. Homebuyers are drawn to this neighborhood for its well-established character, zoning for highly rated public schools and convenient location near the downtown area. Despite being only 2 miles from the heart of Raleigh, Five Points East maintains a quiet and somewhat private atmosphere with ample lots, various deciduous trees and low-traffic streets. Craftsman-style bungalows and American Foursquares are abundant throughout the neighborhood, featuring entryway gables and covered front porches. Although most of the properties here date back to the early to mid-20th century, a handful of newer homes – some built as recently as 2023 – showcase more townhouse-style contemporary architecture with attached garages and sleek vinyl
Home Trends in Five Points East, NC
On average, homes in Five Points East, Raleigh sell after 34 days on the market compared to the national average of 51 days. The median sale price for homes in Five Points East, Raleigh over the last 12 months is $865,250, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$865,250
Median Single Family Sale Price
$860,000
Median Townhouse Sale Price
$1,092,500
Average Price Per Sq Ft
$479
Number of Homes for Sale
16
Last 12 months Home Sales
68
Median List Price
$972,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%