$5,170,000
- 3 Beds
- 2 Baths
- 1,248 Sq Ft
7612 Fayetteville Rd, Raleigh, NC 27603
Ben Parker Keller Williams Legacy
$5,170,000
7612 Fayetteville Rd, Raleigh, NC 27603
Ben Parker Keller Williams Legacy
Raleigh's cultural scene centers around the Southeast's largest natural history museum and the North Carolina Museum of Art, which features an expansive outdoor art park with walking trails. The historic Pullen Park delights families with its vintage carousel and miniature train, while William B. Umstead State Park's 5,000 acres provide extensive hiking and biking trails. The city's 180 miles of greenways include the 27-mile paved Neuse River Trail. The dining landscape ranges from the iconic Angus Barn Steakhouse to innovative spots like Brewery Bhavana, which uniquely combines a brewery, dim sum restaurant, flower shop, and bookstore.
The Raleigh housing market includes diverse options across distinct neighborhoods. The median single-family home price is $474,900, while the median townhome price is $365,000. One-bedroom condos have a median price of $330,000. North Hills commands higher prices with a median single-family home price of $610,000, while Hayes Barton tops the market at $1,675,000. More moderate options exist in Midtown Raleigh, where the median single-family price is $360,000.
The cost of living sits 3.2% below the national average. A family with school-age children needs an annual income of $102,000 to live comfortably, while renters should aim for $56,000. Property taxes remain competitive at 0.72%, lower than Durham's 0.84% and Chapel Hill's 0.96%. The public school system includes highly rated institutions like William G. Enloe High School and Wake STEM Early College High School. North Carolina State University adds to the educational landscape. Commuters face an average 25-minute drive time, with access to I-40 and I-440. The GoRaleigh bus system serves the city, including a free downtown circulator.
The median home sale price in Raleigh, NC is $445,679, down 3% year-over-year. Homes in Raleigh sell in 46 days on average, compared to the national average of 55 days.
|
Median Sale Price
$445,679
|
Median Single Family Sale Price
$465,000
|
|
Median Townhouse Sale Price
$330,000
|
Median 2 Bedroom Sale Price
$294,900
|
|
Median 1 Bedroom Sale Price
$229,000
|
Average Price Per Sq Ft
$257
|
|
Number of Homes for Sale
2,214
|
Last 12 months Home Sales
7,046
|
|
Months of Supply
3.80
|
Median List Price
$459,900
|
|
Median Change From 1st List Price
2%
|
Median Home Sale Price YoY Change
-3%
|
In Raleigh, buyers often search for homes that offer comfort, curb appeal, and practical layouts for everyday living.