Home Values
- - Zillow Home Value Index
  - List price ($)
  - Sale price ($)
  - Rent list price ($)
  - Zillow Rent Index
  - - Total homes sold
    - Value per sq. ft. ($)
    - List price / sq. ft. ($)
    - Sale price / sq. ft. ($)
    - Rent estimate / sq. ft. ($)
    - Rent list / sq. ft. ($)
    - Sale-to-list price ratio
    - Listings w/ price cut (%)
    - Amount of price cut (%)
    - Sold for loss (%)
    - Sold for gain (%)
    - Homes foreclosed
    - Foreclosure re-sales (%)
    - Increasing values (%)
    - Decreasing values (%)
    - Sold in past year (%)
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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
The number of homes in the Raleigh Metro per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
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.

$176,700
4.5%Y-o-Y

Calculated 05/15/2013^*
^*Includes data and transactions through 04/30/2013

RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Apr 2013
395012	Raleigh Metro	0.7%	1.6%	4.5%	176700
35002	Angier	0.9%	0.6%	-0.2%	121300
16785	Apex	0.7%	1.4%	3.9%	236700
30426	Benson	-0.4%	0.4%	-1.2%	115800
44369	Bunn
51297	Cary	0.8%	1.4%	5.6%	262300
180806	Centerville
51441	Clayton	-0.3%	0.8%	0.9%	152600
35345	Four Oaks	-1.6%	-1.6%	0.2%	108500
38599	Franklinton	-0.2%	3.3%	5.2%	108000
181663	Fuquay Varina	0.5%	1.5%	3.8%	175000
4854	Garner	0.2%	0.0%	2.3%	140100
25165	Holly Springs	0.9%	1.9%	5.0%	200800
52744	Kenly	0.0%	2.8%	1.3%	106100
52806	Knightdale	0.4%	0.5%	2.1%	132000
53049	Louisburg	-0.5%	0.3%	-5.3%	73700
9078	Micro
6050	Morrisville	0.9%	2.2%	5.2%	218900
46719	New Hill	-0.3%	-3.0%	8.2%	147900
40340	Pine Level
6627	Princeton	-0.3%	1.6%	1.5%	111700
54047	Raleigh	0.7%	1.3%	4.6%	172700
56281	Rolesville	0.9%	1.6%	1.1%	196500
49961	Selma	-0.5%	1.7%	-6.1%	65200
27127	Smithfield	-0.2%	1.6%	0.1%	109400
55006	Wake Forest	0.9%	1.3%	3.4%	227300
22854	Wendell	-0.2%	-0.5%	3.2%	118700
184865	West Smithfield
50551	Willow Spring	0.5%	1.7%	4.6%	153800
21327	Wilsons Mills
28061	Youngsville	-0.1%	4.0%	4.6%	149000
14751	Zebulon	-0.3%	-0.7%	1.1%	114900

Zillow Home Value Index		Y-o-Y
Raleigh Metro	$176,700	4.5%
Wilson Metro	$116,000	0.4%
Dunn Metro	$132,700	0.1%
Durham Metro	$165,900	1.8%
Rocky Mount Metro	$73,900	3.8%
Sanford Metro	$103,700	-0.9%

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Raleigh Metro Home Prices and Home Values

Zillow Home Value Index

Median list price ($)

Median sale price ($)

Zillow Rent Index

Median rent list price ($)

Total homes sold

Median value per sq. ft. ($)

Median list price / sq. ft. ($)

Median sale price / sq. ft. ($)

Rent estimate / sq. ft. ($)

Median rent list price / sq. ft. ($)

Median sale-to-list price ratio

Listings with price cut (%)

Median price cut (%)

Sold for loss (%)

Sold for gain (%)

Homes foreclosed

Foreclosure re-sales (%)

Increasing values (%)

Decreasing values (%)

Sold in past year (%)

This data is not available for Raleigh Metro.

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