Why Live in South Park
South Park in Raleigh is a neighborhood experiencing significant development, blending early 20th-century cottages with contemporary new builds and brick apartment complexes. The area is framed by mature oaks and new saplings, creating a picturesque streetscape. Older homes are often sold as teardowns to make way for new constructions, while some renovated bungalows retain the original neighborhood style. South Park is served by highly rated schools, including Joyner Magnet Elementary, Moore Square Middle, and Broughton Magnet High. Shaw University, a historic institution, adds a youthful vibe to the community. The neighborhood's proximity to Downtown Raleigh means residents can walk to trendy restaurants, shops, and attractions like the historic City Market and Transfer Co. Food Hall. For groceries, residents travel a few miles to Food Lion or Sam’s Club. The Martin Marietta Center for the Performing Arts, Raleigh Convention Center, and Red Hat Amphitheater are also nearby. South Park is relatively walkable with dedicated bike lanes and multiple GoRaleigh bus stops. Major roads like Martin Luther King Jr. Boulevard, U.S. Route 401, and Interstate 40 provide easy access to Raleigh-Durham International Airport, 16 miles away. Parks such as Junious N. Sorrell Park, Bragg Street Park, and John Chavis Memorial Park offer playgrounds, sports facilities, and community centers. The planned South Park Heritage Walk will celebrate the neighborhood's rich history.
Home Trends in South Park, NC
On average, homes in South Park, Raleigh sell after 45 days on the market compared to the national average of 52 days. The median sale price for homes in South Park, Raleigh over the last 12 months is $466,840, down 24% from the median home sale price over the previous 12 months.
Median Sale Price
$466,840
Median Single Family Sale Price
$454,750
Median Townhouse Sale Price
$505,490
Median 2 Bedroom Sale Price
$425,000
Average Price Per Sq Ft
$271
Number of Homes for Sale
25
Last 12 months Home Sales
73
Median List Price
$496,745
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-24%