Why Live in Warehouse District
The Warehouse District in Raleigh, North Carolina, has transformed from an industrial hub to a vibrant center of art, culture, and community, located just under a mile from City Center. This neighborhood is known for its iconic brick buildings, now housing a variety of shopping and dining options. Residents can enjoy a morning treat at Videri Chocolate Factory, shop for fresh produce at Weaver Street Market, and dine at local favorites like Oak City Steakhouse and OKE Sushi Bar. For dessert, Humble Pie is a popular choice. The area also boasts a lively nightlife, with historic LGBTQ+ spots like Legends and Flex. Housing primarily consists of condominiums and townhouses, such as Park Devereux and Martin Place, each offering unique architectural styles. Outdoor enthusiasts can visit the expansive Dix Park or the smaller Nash Square Park. Art lovers will appreciate CAM Raleigh's contemporary exhibits. The neighborhood hosts the annual Artsplosure festival, celebrating local art with markets and live performances. Students attend highly rated schools, including Conn Elementary, Centennial Campus Middle, and Broughton Magnet High School, which features a notable IB program. The Warehouse District's location next to Union Station makes travel convenient, and the area is known for its walkability. With crime rates lower than the national average, the Warehouse District is a practical and appealing choice for potential home buyers.
Home Trends in Warehouse District, NC
On average, homes in Warehouse District, Raleigh sell after 66 days on the market compared to the national average of 52 days. The median sale price for homes in Warehouse District, Raleigh over the last 12 months is $480,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$480,000
Median Single Family Sale Price
$435,000
Median Townhouse Sale Price
$1,055,000
Median 2 Bedroom Sale Price
$480,000
Median 1 Bedroom Sale Price
$370,000
Average Price Per Sq Ft
$435
Number of Homes for Sale
6
Last 12 months Home Sales
32
Median List Price
$495,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-5%