Raleigh Metro Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Raleigh Metro. Half the Zestimates are above this number and half are below it.
  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Raleigh Metro, or the asking price.
  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Raleigh Metro. Half the homes sold above this number and half sold below.
  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Raleigh Metro. Half the Rent Zestimates are above this number and half are below it.
  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Raleigh Metro. Half the homes have rent prices above this number and half are below.
  • Total homes sold

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    Total homes sold
    Total number of homes sold in Raleigh Metro during the prior 30 days.
  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Raleigh Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of Raleigh Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of Raleigh Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in Raleigh Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of Raleigh Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Raleigh Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Raleigh Metro whose price has been reduced in the last 30 days.
  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in Raleigh Metro whose prices have been reduced in the past full month.
  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Raleigh Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
  • Homes foreclosed

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    Homes foreclosed
    Number of homes in Raleigh Metro that have been foreclosed but not yet resold to a private party. Expressed as a ratio (foreclosed homes per 10,000 total homes). It does not include homes for which the foreclosure process has started but not yet finished.
  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Raleigh Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Raleigh Metro whose values have increased in the past year.
  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Raleigh Metro whose value has fallen in the last year.
  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Raleigh Metro that were sold in the past 12 months.
  • $192,600
  • 5.4%Y-o-Y
  • Calculated 07/18/2014*
  • *Includes data and transactions through 06/30/2014
 
 
 
 
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This data is not available for Raleigh Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Jun 2014
395012
0.7%
1.3%
5.4%
192600
35002
0.3%
0.4%
2.6%
135200
16785
0.7%
2.3%
6.8%
262600
30426
0.6%
1.0%
3.7%
126900
44369
2.3%
1.0%
8.3%
108200
51297
0.8%
3.0%
7.3%
288300
180806
51441
0.4%
1.2%
3.8%
165200
35345
0.6%
2.0%
3.3%
124700
38599
0.1%
0.9%
0.1%
119400
181663
1.1%
3.5%
8.3%
195100
4854
1.1%
0.5%
4.3%
152300
25165
0.8%
2.7%
8.3%
226600
52744
1.5%
4.1%
5.2%
124600
52806
0.6%
1.6%
4.1%
145600
53049
0.3%
2.4%
6.4%
94700
9078
6050
0.7%
2.9%
7.5%
242200
46719
40340
6627
0.8%
1.5%
1.8%
121700
54047
0.6%
1.6%
5.0%
188900
56281
0.9%
2.3%
6.1%
217300
49961
4.0%
11.4%
12.3%
82300
27127
1.1%
3.5%
5.2%
122800
55006
1.0%
2.9%
7.0%
249500
22854
0.2%
-0.7%
2.8%
132700
184865
50551
0.7%
1.3%
3.9%
165400
21327
28061
-0.3%
-0.9%
-1.4%
156500
14751
0.2%
0.0%
3.9%
132600
 
Zillow Home Value IndexY-o-Y
Raleigh Metro$192,6005.4%
Wilson Metro$102,9006.2%
Dunn Metro$145,2002.0%
Durham Metro$185,8002.8%
Rocky Mount Metro$80,9007.2%
Sanford Metro$123,30012.1%
Mortgage Rates
 
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