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Oakwood Homes for Sale

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  • /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
  • /50

    $529,000

    New Construction
    • 2 Beds
    • 2.5 Baths
    • 1,363 Sq Ft

    10 Seawell Ave Unit 101, Raleigh, NC 27601

    City living looks even better from the top. At 10 Seawell Avenue, Unit 101, your better-than-new rooftop townhome pairs elevated indoor-outdoor DTR living and adaptable spaces with move-in-ready ease. Up top, your expansive private terrace offers approximately 540 SQ FT of alfresco entertaining space beneath the Downtown Raleigh skyline, setting the scene for sunset dinners, skyline gatherings

    Agent Photo

    Johnny Chappell

    Compass -- Raleigh

    10 Seawell Ave Unit 101, Raleigh, NC 27601
  • /32

    $915,000

    New Construction Open Fri 5PM - 7PM $30K PRICE DROP
    • 3 Beds
    • 3.5 Baths
    • 2,200 Sq Ft

    720 Oakwood Ave Unit 101, Raleigh, NC 27601

    Modern design. Prime location. Elevated living next door to Raleigh's coveted Historic Oakwood district. This newly constructed condo residence offers 2,200 square feet of thoughtfully designed living, a private garage and private fenced-in yard with Downtown Raleigh just steps from your front door. Striking two-tone architecture, clean contemporary lines, and curated finishes create an

    Agent Photo

    Jason Queen

    Monarch Realty Co.

    720 Oakwood Ave Unit 101, Raleigh, NC 27601
  • /35

    $915,000

    New Construction Open Fri 5PM - 7PM $30K PRICE DROP
    • 3 Beds
    • 3.5 Baths
    • 2,200 Sq Ft

    720 Oakwood Ave Unit 102, Raleigh, NC 27601

    Modern design. Prime location. Elevated living next door to Raleigh's coveted Historic Oakwood district. This newly constructed condo residence offers 2,200 square feet of thoughtfully designed living, a private garage and private fenced-in yard, with Downtown Raleigh just steps from your front door. Striking two-tone architecture, clean contemporary lines, and curated finishes create an

    Agent Photo

    Jason Queen

    Monarch Realty Co.

    720 Oakwood Ave Unit 102, Raleigh, NC 27601
  • /47

    $415,000

    $35K PRICE DROP
    • 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
  • /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
  • /43

    $539,000

    • 3 Beds
    • 2 Baths
    • 1,196 Sq Ft

    702 E Jones St, Raleigh, NC 27601

    **RECEIVE UP TO $3,000 IN CLOSING COSTS WITH USE OF PREFERRED LENDER!** Attention First time home buyers, empty nesters, and investors! A desirable corner lot at the edge of Historic Oakwood, Raleigh's storied nineteenth-century neighborhood, set just minutes from downtown. This three-bedroom, two-bath home makes the most of its 0.12-acre corner setting, with a private driveway and off-street

    Gretchen Coley Compass -- Raleigh

    702 E Jones St, Raleigh, NC 27601
  • /17

    $529,900

    • 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
  • /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
  • /32

    $500,000

    • 4 Beds
    • 2 Baths
    • 1,472 Sq Ft

    101 Seawell Ave, Raleigh, NC 27601

    Renovation and/or Redevelopment opportunity in Downtown Raleigh 27601. On the BRT. This Property has many possibilities. Renovate, add ADU's. Or Tear down and entitle for townhomes or Apartments. RX-3 Zoning. Townhome Concept attached in document section.

    David Mang Rich Realty Group

    101 Seawell Ave, Raleigh, NC 27601
  • /44

    $1,050,000

    $45K PRICE DROP
    • 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
  • /47

    $899,900

    Open Sun 1PM - 3PM
    • 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 location

    Kevin Van Zyl Kevin Van Zyl

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

    $515,000

    $15K PRICE DROP
    • 1 Bed
    • 1.5 Baths
    • 1,327 Sq Ft

    523 E Edenton St, Raleigh, NC 27601

    SEE PRICE IMPROVEMENT!! 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,

    Phizzy King Coldwell Banker HPW

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

    $895,000

    $104K 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
  • /33

    $605,000

    • 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, ortaking 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
  • /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

    $765,000

    • 3 Beds
    • 3 Baths
    • 2,056 Sq Ft

    612 Polk St, Raleigh, NC 27604

    Built in 1901 for brothers James and Charles Ford, this Queen Anne/Neoclassical Revival two-story later housed prominent architect James Matthew Kennedy (designer of the Raleigh City Market and Murphey School) from 1909-1916. Architectural highlights include a steeply pitched hipped roof, a striking gabled front projection with lozenge-shaped shingles and a Palladian-style attic vent, a

    David Mang Rich Realty Group

    612 Polk St, Raleigh, NC 27604
  • /57

    $850,000

    $49K PRICE DROP
    • 6 Beds
    • 5 Baths
    • 3,677 Sq Ft

    404 E Edenton St, Raleigh, NC 27601

    Investment opportunity in Downtown Raleigh - Historic Oakwood! This updated four-unit property offers a mix of one and two bedroom units featuring UPDATED KITCHENS & BATHROOMS, REFINISHED HARDWOOD FLOORS, and IN-UNIT LAUNDRY. Turnkey property with strong rental appeal and appreciation potential. Tenants will enjoy being close to Downtown Raleigh's restaurants, shops, parks, and entertainment.

    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, Raleigh, NC Home Prices vs. Nearby Neighborhoods

Oakwood Oakwood Park Mordecai Boylan Heights
Median Home Price
$733,750
$649,999
$797,450
$819,900
Median Sale Price
$705,000
-13% YoY
$655,000
+51% YoY
$765,000
-4% YoY
$769,900
+8% YoY
Median Single Family Price
$705,000
$1,000,000
$797,500
$774,950
Median Townhouse Price
$975,000
$335,000
$520,000
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Total Active Listings
14 listings
10 listings
15 listings
4 listings
Market Conditions
6 Months of Supply
Balanced Market
9 Months of Supply
Buyer's Market
4 Months of Supply
Seller's Market
6 Months of Supply
Balanced 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.
How much do you need to make to afford a house in Oakwood?
The median home price in Oakwood is $733,750. If you put a 20% down payment of $146,800 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $3,790 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $162K 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, Mordecai and Belvedere Park.
Are home prices dropping in Oakwood?
Yes, home prices in Oakwood are down 7% in the last 12 months.
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