Raleigh Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Raleigh. 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, 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. 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. 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. 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 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, 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 Raleighs 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 Raleighs 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, 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 Raleighs 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 (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 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 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 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 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 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 whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Raleigh 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 that were sold in the past 12 months.

3.32%
-37.3%Y-o-Y

Calculated 05/15/2012^*
^*Includes data and transactions through 04/30/2012

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RegionId	Region	M-o-M	Q-o-Q	Y-o-Y	Apr 2012
54047	Raleigh	-9.2%	-13.8%	-37.3%	3.32%
343874	Central	-10.6%	-8.7%	-40.0%	2.78%
343867	East Raleigh	-7.9%	-3.5%	-18.0%	3.09%
343870	Falls of Neuse	-13.2%	-23.3%	-52.9%	2.31%
343862	Five Points	-9.7%	-15.1%	-23.7%	4.40%
343871	Glenwood	-6.5%	-11.1%	-30.1%	2.46%
343866	Hillsborough	-7.1%	-7.9%	19.3%	6.08%
343865	Mordecai	-2.1%	6.8%	-9.6%	4.09%
343872	North Central	-17.1%	-17.1%	-44.2%	4.03%
270318	North Raleigh	-8.6%	-13.3%	-34.6%	3.41%
343869	Northeast Raleigh	-8.8%	-14.8%	-38.5%	3.25%
343868	Northwest Raleigh	-8.4%	-12.9%	-38.2%	3.64%
184194	Six Forks	-11.9%	-17.5%	-34.4%	3.23%
343875	South Central	-10.9%	0.0%	-37.2%	3.05%
343876	South Raleigh	-5.3%	-12.3%	-46.2%	2.84%
270325	Southeast Raleigh	-6.9%	-10.9%	-45.7%	3.17%
343873	Southwest Raleigh	-15.9%	-27.5%	-55.4%	2.71%
343863	Wade	-12.0%	-14.4%	-24.6%	3.47%
343864	West Raleigh	-13.5%	-17.2%	-39.9%	2.69%