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Raleigh

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  1. Jome
  2. New homes search
  3. North Carolina
  4. Raleigh-Durham Area
  5. Wake County
  6. Raleigh

Housing market in Raleigh, NC

  • State
    North Carolina
  • Market
    Raleigh-Durham Area
  • Neighborhoods
    18
  • Communities
    61
  • Single family
    365
  • Townhouses
    244
  • Multi family
    15
  • Condominiums
    61
  • Active builders
    45
  • Starting price
    $269,990
  • Median price
    $528,770
  • Price per square foot
    $248.47

Real estate price trends

Home price data reflects 0 listings in Raleigh, NC, sourced from Jome and updated regularly

*Based on Jome markets

What it's like to live in Raleigh?

The Local Vibe (Location & Identity)

Raleigh serves as the capital of North Carolina and the primary employment hub for Wake County. With a population approaching 480,000, the city maintains a professional atmosphere driven by state government and a massive tech presence. Its demographic profile leans toward young professionals and established families, many of whom commute daily to the nearby Research Triangle Park.

Living Here: Amenities & Lifestyle

Residents often spend weekends exploring the expansive trails at William B. Umstead State Park or visiting the North Carolina Museum of Art’s outdoor gallery. For shopping and dining, North Hills provides a dense urban experience, while Glenwood South caters to those seeking evening entertainment. Families frequently gather at Pullen Park for its historic carousel and train rides. Navigating the city is streamlined by the I-440 Beltline, though peak-hour traffic toward Durham or Cary is a standard consideration for locals. Finding new home communities in Raleigh allows buyers to settle near these established hubs while avoiding the maintenance of the city's older mid-century housing stock.

Schools & Family Appeal

The Wake County Public School System serves the area, offering a diverse range of magnet and charter programs that draw families to the region. Highly-regarded campuses like Enloe Magnet High School and various specialized elementary schools provide robust educational pathways. This focus on academic variety remains a primary driver for the city's consistent residential growth.

Why New Construction Makes Sense Here

Much of the existing inventory in central Raleigh dates back to the 1960s and 70s, often requiring significant capital for HVAC and insulation upgrades to handle the humid subtropical climate. Investing in new construction homes in Raleigh can lead to estimated utility savings of $150-250 per month compared to a 1990s-era home of similar square footage, per regional energy efficiency standards. Many builders also offer interest rate buy-downs that can lower monthly mortgage payments more effectively than negotiating on an older resale property. For those on a tight timeline, quick move-in homes in Raleigh provide these modern efficiencies without the wait of a traditional build cycle. These financial advantages, combined with the lack of immediate roof or plumbing repairs, offer a predictable cost of ownership that older homes in the area rarely match.

Johnston Builders Homes in Raleigh, NC - New Homes For Sale