Why Live in South Raleigh
South Raleigh, situated just below I-40, offers a rural feel with a commercial district, quality schools, and convenient highway access. The neighborhood is 4 miles from downtown Raleigh via South Wilmington Street and features several green spaces, including NC State University’s agriculture campus. South Raleigh has experienced recent growth, resulting in new construction and investment opportunities. The area includes a variety of home styles such as ranch, traditional, and split-level homes, with prices ranging from the low $200,000s to over $1 million. Subdivisions like Renaissance Park and Carters Mill feature large condo projects and townhouses. School options include Fuller Magnet Elementary and Lufkin Road Middle, both highly rated. Local attractions include Historic Yates Mill County Park, Biltmore Hills Park, and lakeside parks like Lake Benson and Lake Wheeler, which offer fishing, boating, and picnic areas. The neighborhood's commercial amenities include A&C Supermarket, Crossroads shopping center, and Regal Crossroads – Cary movie theater. Dining and entertainment options feature Locked & Loaded, a bar with live music and games. Public transportation is available through GoRaleigh bus lines, and the area is accessible via US Route 70 and Interstate 40, with plans for the I-540 loop to enhance connectivity. Coastal Credit Union Music Park at Walnut Creek is a popular venue for summer concerts. South Raleigh is safer than the national average, making it a practical choice for residents seeking a balance of rural charm and urban convenience.
Home Trends in South Raleigh, NC
On average, homes in South Raleigh, Raleigh sell after 45 days on the market compared to the national average of 70 days. The median sale price for homes in South Raleigh, Raleigh over the last 12 months is $514,000, up 65% from the median home sale price over the previous 12 months.
Median Sale Price
$514,000
Median Single Family Sale Price
$514,000
Median Townhouse Sale Price
$264,369
Median 2 Bedroom Sale Price
$398,000
Median 1 Bedroom Sale Price
$349,000
Average Price Per Sq Ft
$246
Number of Homes for Sale
23
Last 12 months Home Sales
1,259
Median List Price
$539,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
65%