19

Oakwood Homes for Sale

Section Image Section Image
  • /2

    $297,000

    • Land
    • 4,791 Sq Ft
    • $2,700,000 per Acre

    203 Heck St, Raleigh, NC 27601

    Incredible opportunity to own a buildable lot in one of Downtown Raleigh's most rapidly growing and desirable neighborhoods! Whether you're a homeowner looking to build your dream residence, a developer eyeing a valuable project, or an investor seeking strong long-term returns, this property delivers exceptional potential—with no HOA restrictions. Located just steps from the heart of downtown,

    Agent Photo

    Warren Hall

    Choice Residential Real Estate

    (984) 253-3114

    203 Heck St, Raleigh, NC 27601
  • /2

    $297,000

    • Land
    • 4,356 Sq Ft
    • $2,970,000 per Acre

    207 Heck St, Raleigh, NC 27601

    Prime opportunity in the heart of Downtown Raleigh! This rare vacant lot offers unlimited potential for homeowners, investors, and builders alike. Whether you're dreaming of constructing your custom home or developing a high-value rental property, this site delivers unmatched possibilities—all with no HOA restrictions. Perfectly positioned within walking distance to some of Raleigh's most popular

    Agent Photo

    Warren Hall

    Choice Residential Real Estate

    (984) 207-5437

    207 Heck St, Raleigh, NC 27601
  • /13

    $975,000

    New Construction Open House 5/30
    • 3 Beds
    • 3.5 Baths
    • 2,195 Sq Ft

    720 Oakwood Ave Unit 102, Raleigh, NC 27601

    Modern design. Prime location. Elevated living inside Raleigh's Historic Oakwood corridor. This newly constructed duet residence will be Move-In Ready at the end of May 2026 and delivers over 2,100 square feet of intentional design just minutes from Downtown Raleigh. Clean architectural lines, a two-tone exterior, and curated finishes set the tone from the moment you arrive. Inside, the home is

    Agent Photo

    Jason Queen

    Monarch Realty Co.

    (984) 313-9064

    720 Oakwood Ave Unit 102, Raleigh, NC 27601
  • /12

    $975,000

    New Construction Open House 5/30
    • 3 Beds
    • 3.5 Baths
    • 2,195 Sq Ft

    720 Oakwood Ave Unit 101, Raleigh, NC 27601

    Modern design. Prime location. Elevated living inside Raleigh's Historic Oakwood corridor. This newly constructed duet residence delivers over 2,100 square feet of intentional design just minutes from Downtown Raleigh. This home will be Move-in Ready at the end of May 2026. Clean architectural lines, a two-tone exterior, and curated finishes set the tone from the moment you arrive. Inside, the

    Agent Photo

    Jason Queen

    Monarch Realty Co.

    (984) 223-4458

    720 Oakwood Ave Unit 101, Raleigh, NC 27601
  • /8

    $1,950,000

    New Construction Open House 5/30
    • 6 Beds
    • 8 Baths
    • 4,390 Sq Ft

    720 Oakwood Ave, Raleigh, NC 27601

    Modern design. Prime location. Elevated living and investment opportunity inside Raleigh's Historic Oakwood corridor. This newly constructed duplex scheduled to be completed at the end of May offers over 4,300 square feet of intentional design across two thoughtfully crafted residences, just minutes from Downtown Raleigh. Clean architectural lines, a striking two-tone exterior, and curated

    Agent Photo

    Jason Queen

    Monarch Realty Co.

    (984) 254-2149

    720 Oakwood Ave, Raleigh, NC 27601
  • /47

    $450,000

    • 3 Beds
    • 4 Baths
    • 2,134 Sq Ft

    615 New Bern Ave, Raleigh, NC 27601

    Strategically positioned along one of Raleigh's most actively evolving urban corridors, this prominent OX-3 zoned corner property offers a rare opportunity to acquire a four-unit structure with exceptional mixed-use redevelopment, adaptive reuse, office conversion, residential repositioning, or future infill construction potential just minutes from Downtown Raleigh. Existing improvements require

    Stacey Delgado Redfin Corporation

    615 New Bern Ave, Raleigh, NC 27601
  • /47

    $935,000

    $40K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,172 Sq Ft

    527 N East St, Raleigh, NC 27604

    Step into a piece of history with the iconic JT Bland House, built in 1912. This distinguished 4-bedroom, 2-bath home offers original heart pine hardwood floors, soaring ceilings, antique fireplaces, and custom millwork that reflect its rich heritage. Unique period details include intricate moldings and vintage charm throughout the residence.Situated in the heart of Oakwood, this prime

    Kevin Van Zyl Kevin Van Zyl

    527 N East St, Raleigh, NC 27604
  • /22

    $425,000

    • 2 Baths
    • 1,769 Sq Ft

    217 Heck St, Raleigh, NC 27601

    Prime opportunity in the heart of Downtown Raleigh! This already-rented, income-generating property gives you the flexibility to hold until the value of downtown skyrockets. It offers amazing potential for investors--no HOA restrictions. Perfectly positioned within walking distance to some of Raleigh's most popular parks, schools, restaurants, and entertainment. This duplex places you at the

    Terry Nimmer Spatium Development LLC

    217 Heck St, Raleigh, NC 27601
  • /22

    $445,000

    • 3 Beds
    • 2 Baths
    • 1,074 Sq Ft

    309 Seawell Ave, Raleigh, NC 27601

    Location! Walk or bike to Downtown from this updated and airy three bedroom, two bath home! Open kitchen, two full baths, laundry,, deck, off street parking and private back yard. Great rental history for investors or wonderful single story 3 bedroom to make all your own! Property adjacent (311) is also available and can be purchased together for a buy and hold for future construction.

    Natalee Choby Rich Realty Group

    309 Seawell Ave, Raleigh, NC 27601
  • /5

    $625,000

    Coming Soon
    • 2 Beds
    • 2 Baths
    • 996 Sq Ft

    1102 Oakwood Ave, Raleigh, NC 27601

    Updated and adorable 2 bed/2 bath house on beautiful corner lot Zoned RX-3 complete with off street parking and covered front porches. Currently leased through February 2027.

    Natalee Choby Rich Realty Group

    1102 Oakwood Ave, Raleigh, NC 27601
  • /47

    $1,025,000

    $175K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 4,189 Sq Ft

    807 E Edenton St, Raleigh, NC 27601

    Rarely does a property offer the perfect synergy of historic charm and modern financial flexibility. Now offered at a compelling new price point, this 1925 Craftsman bungalow is a high-value asset situated in the heart of Oakwood - Downtown Raleigh's most prestigious and architecturally significant neighborhood. Whether you are seeking a sprawling, 6-bedroom legacy estate or a high-performance

    Steven Squires Compass -- Raleigh

    807 E Edenton St, Raleigh, NC 27601
  • /19

    $475,000

    • Land
    • 4,791 Sq Ft
    • $4,318,182 per Acre

    419 Watauga St, Raleigh, NC 27604

    Rare opportunity to build in Historic Oakwood! Located on a beautiful, tree-lined street in the heart of downtown Raleigh. Zoned R-10 with public utilities at street bring your own builder and customize your dream home. Endless possibilities in one of Raleigh's most charming and sought-after neighborhoods!

    Dana Ellington Compass -- Raleigh

    419 Watauga St, Raleigh, NC 27604
  • /55

    $595,000

    • 3 Beds
    • 2 Baths
    • 1,099 Sq Ft

    119 Idlewild Ave, Raleigh, NC 27601

    Experience the rare combination of downtown charm and the total peace of mind that comes with a new home. This isn't a quick renovation; it is a 90% new construction rebuild, meticulously crafted from the new foundation up. Every major system is brand new: new framing, new roof, new walls, new subfloors/flooring, and entirely new electrical, plumbing, HVAC systems and windows. Soaring 9' ceilings

    Craig Tribus BEYCOME BROKERAGE REALTY LLC

    119 Idlewild Ave, Raleigh, NC 27601
  • /76

    $1,295,000

    • 3 Beds
    • 3.5 Baths
    • 2,125 Sq Ft

    225 Elm St, Raleigh, NC 27601

    Welcome to a rare gem in the heart of Historic Oakwood--where timeless character meets exceptional modern living. This fully updated historic home offers the best of both worlds, blending preserved architectural charm with thoughtfully curated upgrades throughout. Greeted by a rocking chair front porch, you will be amazed once you step inside this home. Tall ceilings and original hardwood floors

    Gretchen Coley Compass -- Raleigh

    225 Elm St, Raleigh, NC 27601
  • /29

    $559,500

    • 3 Beds
    • 3.5 Baths
    • 1,490 Sq Ft

    712 E Edenton St Unit 102, Raleigh, NC 27601

    Take in the panoramic views of the Raleigh skyline from your private rooftop terrace at 712 E Edenton Street in the coveted 625New Bern community. Designed with sleek modern elegance, this home boasts floor-to-ceiling windows that flood each level with natural light, creating an inviting and sophisticated ambiance. The chef's kitchen is a true showpiece, featuring Quartz countertops, high-end

    Nick Gallina Coldwell Banker HPW

    712 E Edenton St Unit 102, Raleigh, NC 27601
  • /33

    $620,000

    $5K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,592 Sq Ft

    537 New Bern Ave Unit 101, Raleigh, NC 27601

    Modern condo living just minutes from Downtown Raleigh, located along the edge of Historic Oakwood. This end unit at 537 New Bern #101 offers clear, unobstructed skyline views from a private rooftop terrace, a standout feature for enjoying evenings, entertaining, or taking in the city lights. Built in 2018, the home features a functional multi-level layout with abundant natural light. The entry

    Autumn DuBois SERHANT North Carolina LLC

    537 New Bern Ave Unit 101, Raleigh, NC 27601
  • /100

    $1,595,000

    $80K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 3,732 Sq Ft

    550 E Edenton St, Raleigh, NC 27601

    Award-winning modernist residence designed by Vernacular Studio architects Brett Hautop and Chad Parker, and featured by NCModernist, this architect-designed downtown Raleigh home was created around light, volume, and seamless indoor/outdoor living. Dramatic ceilings, expansive windows, and open living spaces connect naturally to a private courtyard through a NanaWall system, creating a rare

    Ann-Cabell Baum Glenwood Agency, LLC

    550 E Edenton St, Raleigh, NC 27601
  • /55

    $619,900

    $12K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,205 Sq Ft

    702 E Jones St, Raleigh, NC 27601

    Located Near Historic Oakwood! No HOA fees! Corner Lot! Beautiful One-Story 3BR/2BA home feaures an open floor, new flooring in the living room and dining room, new interior paint , tile floors in the bathrooms, wood floors throughout the home, a sun/mudroom on the rear of the home, a rocking chair front porch, a detached storage building, and an entertainer's paradise out back a private fenced

    Pandora Pearson Smith Pearson Realty

    702 E Jones St, Raleigh, NC 27601
  • /16

    $420,000

    • 2 Beds
    • 1 Bath
    • 718 Sq Ft

    311 Seawell Ave, Raleigh, NC 27601

    Walk to Downtown from this adorable home! Cozy and cute two bed and one bath with covered front and back porches, large back yard, and off street parking! Updates throughout, this is a great opportunity for investors to maintain as a rental with great history, or for the owner occupant looking to turn this little gem into your own Downtown abode. The adjacent home (309) is also on market in MLS

    Natalee Choby Rich Realty Group

    311 Seawell Ave, Raleigh, NC 27601

Why Live in Oakwood

Oakwood, one of Raleigh’s oldest neighborhoods, showcases preserved 19th-century architecture along tree-lined streets. Adjacent to downtown Raleigh, Oakwood offers a residential feel while being steps away from the city center. The neighborhood features a variety of historic homes, including Queen Anne, Victorian and Neoclassical Revival styles, as well as smaller bungalows and New Traditional homes. Preservation is a key focus, with changes to home exteriors requiring approval from the city’s Historic Development Commission.

Oakwood is served by highly rated Wake County schools, including Powell Elementary School, Conn Magnet Elementary School, Oberlin Middle School and Broughton High School. The area is also home to Saint Augustine’s University and William Peace University, with North Carolina State University about 2 miles away. Local features include the Historic Oakwood Cemetery, Oakwood Commons Park, and popular dining spots like SmokeStacks Cafe and Side Street Restaurant. Community events such as the annual Candlelight Tour and the Garden Club Tour highlight the neighborhood's historic and communal spirit.

Commuting is convenient with options to walk or bike to downtown Raleigh, and GoRaleigh buses servicing the area. While most homes lack garages, private driveways, off-street parking and surface lots provide ample parking options.

Frequently Asked Questions

Is Oakwood a good place to live?
Oakwood is a good place to live. Oakwood is considered somewhat walkable and bikeable with some transit options. Oakwood is a suburban neighborhood. Oakwood has 6 parks for recreational activities. It is somewhat dense in population with 11.0 people per acre and a median age of 39. The average household income is $143,733 which is above the national average. College graduates make up 66.7% of residents. A majority of residents in Oakwood are renters, with 50.4% of residents renting and 49.6% of residents owning their home. A local real estate agent serving Oakwood can help you decide if this neighborhood is the right one for you. Learn more on our Oakwood neighborhood guide.
Is Oakwood, NC a safe neighborhood?
Oakwood, NC is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Oakwood?
The median home price in Oakwood is $802,450. If you put a 20% down payment of $160,500 and had a 30-year fixed mortgage with an interest rate of 6.36%, your estimated principal and interest payment would be $4,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $171K a year to afford the median home price in Oakwood. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Oakwood is $144K.
What are the best public schools in Oakwood?
The best public schools that serve Oakwood are:
What are the best private schools in Oakwood?
The best private schools that serve Oakwood are:
  • Saint Mary's School has an A+ Niche grade, a student teacher ratio of 4:1 and an average review score of 4.6.
  • Cathedral School has a student teacher ratio of 17:1 and an average review score of 3.8.
What are the most popular zip codes in Oakwood, Raleigh, NC?
The most popular zip codes in Oakwood, Raleigh, NC include 27601, 27604, 27610, 27603 and 27605.
What are the most popular neighborhoods near Oakwood, Raleigh, NC?
The most popular neighborhoods near Oakwood, Raleigh, NC are Olde East Raleigh, College Park, Capital District, Mordecai and Battery Heights.
Are home prices dropping in Oakwood?
Yes, home prices in Oakwood are down 1% in the last 12 months.

Home Trends in Oakwood, NC

Housing Trends

Median Sale Price
$807,500
Median Single Family Sale Price
$687,500
Median Townhouse Sale Price
$1,185,000
Average Price Per Sq Ft
$427
Number of Homes for Sale
13
Last 12 months Home Sales
28
Months of Supply
5.60
Median List Price
$802,450
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
27%
How to Buy a Home How to Finance a Home How to Sell a Home