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Oakwood Homes for Sale

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  • /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,

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    Warren Hall

    Compass -- Raleigh

    203 Heck St, Raleigh, NC 27601
  • /16

    $620,000

    • 3 Beds
    • 2 Baths
    • 1,287 Sq Ft

    805 E Jones St, Raleigh, NC 27601

    Rare opportunity in one of Downtown Raleigh's most sought-after communities. Nestled on an oversized fenced corner lot along a picturesque tree-lined street, this charming Cooke Street cottage offers the perfect blend of historic character, modern updates, and low-maintenance living just steps from the heart of the city. Thoughtfully designed in 2009 to complement the timeless architecture of

    Agent Photo

    Johnny Chappell

    Compass -- Raleigh

    805 E Jones 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

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    Warren Hall

    Compass -- Raleigh

    207 Heck St, Raleigh, NC 27601
  • /13

    $975,000

    New Construction
    • 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 by the end of July 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

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    Jason Queen

    Monarch Realty Co.

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

    $975,000

    New Construction
    • 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 by the end of July 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.

    720 Oakwood Ave Unit 101, Raleigh, NC 27601
  • /9

    $1,950,000

    New Construction
    • 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 by the end of July 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.

    720 Oakwood Ave, Raleigh, NC 27601
  • /70

    $1,050,000

    $45K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,492 Sq Ft

    519 E Lane St, Raleigh, NC 27601

    Historic Oakwood in the heart of Inside the Beltline Raleigh. This beautifully maintained 3-bedroom, 2-bath home delivers 2,492 square feet of considered living where architectural heritage meets modern updates. The open-concept main level connects a welcoming family room and dining room to a reimagined kitchen, anchored by upgraded finishes and bathrooms throughout. A dedicated home office

    Gretchen Coley Compass -- Raleigh

    519 E Lane St, Raleigh, NC 27601
  • /3

    $1,800,000

    • Land
    • 6,098 Sq Ft
    • $12,857,143 per Acre

    550 E Jones St, Raleigh, NC 27601

    Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision

    John Anton Steeloak Residential LLC

    550 E Jones St, Raleigh, NC 27601
  • /47

    $425,000

    • 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
  • /43

    $539,000

    Open Sun 1PM - 3PM
    • 3 Beds
    • 2 Baths
    • 1,196 Sq Ft

    702 E Jones St, Raleigh, NC 27601

    A rare offering on a desirable corner lot at the edge of Historic Oakwood, North Carolina's largest intact nineteenth-century neighborhood, minutes from downtown Raleigh. This three-bedroom, two-bath home spans 1,196 square feet, with an updated kitchen that brings modern style and everyday function and two updated bathrooms finished to match. Outside, the corner lot delivers a private driveway

    Gretchen Coley Compass -- Raleigh

    702 E Jones St, Raleigh, NC 27601
  • /56

    $499,900

    Open Sat 11AM - 2PM $20K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,099 Sq Ft

    119 Idlewild Ave, Raleigh, NC 27601

    Welcome to 119 Idlewild Ave — a fully reimagined home rebuilt from the foundation up, offering this new construction in one of Raleigh's most sought-after locations. Nestled in downtown Raleigh just minutes from the charm of Historic Oakwood, this 3-bedroom, 2-bathroom residence blends thoughtful design with quality craftsmanship throughout. Step inside to an open-concept layout anchored by a

    lionel finley The Carolina Agency LLC

    119 Idlewild Ave, Raleigh, NC 27601
  • /20

    $489,000

    $36K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,225 Sq Ft

    904 E Jones St, Raleigh, NC 27601

    $5,000 in Seller Concessions!!! Price Improved by $10,000 !!! Discover the best of downtown Raleigh living at 904 E. Jones St., a charming 3-bedroom, 2-bath home just moments from the restaurants, coffee shops, parks, and entertainment that make the city so vibrant. Adjacent to the Historic Oakwood District, this location offers the ideal blend of neighborhood character and easy accessibility to

    Kimberly Vearnon Coldwell Banker HPW

    904 E Jones 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
  • /4

    $1,100,000

    New Construction
    • 4 Beds
    • 4.5 Baths
    • 2,754 Sq Ft

    1110 E Lane St, Raleigh, NC 27601

    Downtown Raleigh Living, Elevated Rare opportunity to build in the heart of it all. This 0.13-acre builder-controlled homesite is located near the historic Oakwood neighborhood in Raleigh, just moments from downtown, offering the kind of urban convenience, tree-lined charm, and skyline views that rarely come available inside the beltline. Homesites like this -- close enough to walk to the action,

    John Anton Steeloak Residential LLC

    1110 E Lane St, Raleigh, NC 27601
  • /44

    $1,095,000

    Open Sat 2PM - 4PM
    • 4 Beds
    • 2 Baths
    • 2,201 Sq Ft

    517 N East St, Raleigh, NC 27604

    Step into a piece of Raleigh history with this captivating HISTORIC OAKWOOD home! Fun Fact: This Queen Anne frame cottage was originally built in 1901 by contractor Jacob S. Allen for widow Lula Davis, at a cost of $1,785!! Wow. This home is filled with tons of character . . . HARDWOODS everywhere, 11 ft. ceilings, 4 spacious bedrooms, FIREPLACES, and European kitchen (Sub Zero, farm sink and

    Terri Poulsen Compass -- Cary

    517 N East St, Raleigh, NC 27604
  • /40

    $530,000

    • 1 Bed
    • 1.5 Baths
    • 1,327 Sq Ft

    523 E Edenton St, Raleigh, NC 27601

    Enjoy low-maintenance living just steps from Historic Oakwood and only a few blocks from the State Capitol, Person Street, restaurants, breweries, and everything downtown Raleigh has to offer. Originally built in 1920 completely gutted in 2005/6, expanded, and reimagined in 2009, this home blends historic charm with modern comfort. Inside, you'll find soaring ceilings, abundant natural light, and

    Phizzy King Coldwell Banker HPW

    523 E Edenton St, Raleigh, NC 27601
  • /43

    $945,000

    $54K PRICE DROP
    • 6 Beds
    • 4 Baths
    • 2,820 Sq Ft

    807 E Edenton St, Raleigh, NC 27601

    Captivating 1925 Craftsman Bungalow in Downtown Raleigh's Oakwood Community! Steeped in history and brimming with architectural integrity, this circa 1925 Craftsman bungalow offers a rare blend of timeless character and modern versatility. Situated in one of Downtown Raleigh's most prestigious and architecturally significant neighborhoods, this home stands as a beautiful testament to a century of

    Steven Squires Compass -- Raleigh

    807 E Edenton St, Raleigh, NC 27601
  • /30

    $729,000

    Open Sun 1PM - 3PM $31K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,113 Sq Ft

    608 N Boundary St, Raleigh, NC 27604

    Don't underestimate this historic charmer—she lives large, and it shows. Rare opportunity to own a beautifully renovated bungalow in the heart of Historic Oakwood with an oversized powered two-car garage and workshop—a feature seldom found in the neighborhood. Thoughtfully updated while preserving its historic charm, this move-in-ready home offers one-level living, a well designed floor plan,

    Charlotte Davenport Compass -- Raleigh

    608 N Boundary St, Raleigh, NC 27604
  • /76

    $1,250,000

    $45K PRICE DROP
    • 3 Beds
    • 3.5 Baths
    • 2,125 Sq Ft

    225 Elm St, Raleigh, NC 27601

    The lifestyle that Historic Oakwood delivers, 225 Elm Street earns at every turn. A fully restored architectural original set along one of downtown Raleigh's most distinguished residential streets, where original hardwood floors, tall ceilings, and a century of preserved character have been layered with curated modern finishes throughout. This home does not come to market often, and when it does,

    Gretchen Coley Compass -- Raleigh

    225 Elm St, Raleigh, NC 27601
  • /33

    $615,000

    $10K 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
  • /10

    $525,000

    • 4 Beds
    • 2 Baths
    • 1,365 Sq Ft

    313 Heck St, Raleigh, NC 27601

    Come to one of Raleigh's Most Desired Locations! Minutes from Downtown Raleigh and Everything Raleigh! Nightlife, Plays, Red Hat Concerts, Fine Dining! Welcome to 313 Heck St., Raleigh, NC—a spacious 4-bedroom home offering comfort, convenience, and a location that puts you just minutes from the Governor's Mansion. Timeless Charm that Offers the world of possibilities, whether designing your

    Margaret McPhail Mark Spain Real Estate

    313 Heck St, Raleigh, NC 27601
  • /57

    $879,000

    $20K PRICE DROP
    • 6 Beds
    • 5 Baths
    • 3,677 Sq Ft

    404 E Edenton St, Raleigh, NC 27601

    Exceptional investment opportunity in Historic Oakwood! This updated four-unit property offers a mix of one- and two-bedroom apartments featuring renovated kitchens and baths, refinished hardwood floors, and in-unit laundry. Located just minutes from Downtown Raleigh's restaurants, shops, parks, and entertainment, this turnkey property offers strong rental appeal in one of the city's most

    Anna Powell EXP Realty LLC

    404 E Edenton St, 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.

Oakwood Home Prices vs. Nearby Raleigh, NC Neighborhoods

Oakwood Oakwood Park Mordecai Boylan Heights
Median Home Price
$780,000
$662,499
$792,450
$775,000
Median Sale Price
$700,000
-1% YoY
$632,500
+45% YoY
$780,000
-5% YoY
$769,900
+8% YoY
Median Single Family Price
$714,500
$1,150,000
$795,000
$769,900
Median Townhouse Price
$975,000
$335,000
$340,430
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Total Active Listings
14
8
16
3
Market Conditions
6 Months of Supply
Balanced Market
8 Months of Supply
Buyer's Market
5 Months of Supply
Balanced Market
4 Months of Supply
Seller's Market

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 fairly 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 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 $780,000. If you put a 20% down payment of $156,000 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $3,980 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 13:1 and an average review score of 4.2.
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, Oakwood Park, Capital District and Mordecai.
Are home prices dropping in Oakwood?
Yes, home prices in Oakwood are down 8% in the last 12 months.
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