How does the housing market look in Northwest Raleigh? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Northwest Raleigh Raleigh, NC
Median Sale Price
$418,750
4.1%
New Listings
79
24.8%
Number of Homes Sold
46
43.2%
Median Days on Market
38
272.5%
Market Overview
All Home Types
In the last 30 days, homes for sale in Northwest Raleigh, Raleigh, NC sold for a median price of $418,750, down 4.1% compared to the same period last year. The median price per square foot was $223.33, up 7.7% year-over-year. There were 46 homes sold, down from 81 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Northwest Raleigh, Raleigh, NC was 197, up 5.9% compared to last year. In the last 30 days, 79 new homes were listed for sale, down 24.8% year-over-year. The median days on market was 38, up from 10.2 days last year. The months of supply was 1.67, up from 0.51 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Northwest Raleigh, Raleigh, NC had a median sale-to-list-price ratio of 94.29%, down 9.2 pt compared to the same period last year. 8.7% of homes sold above list price, down 54.3 pt year-over-year. 60.87% of homes listed dropped in price, up 46.1 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Northwest Raleigh
Lennar Carolinas LLC • MLS 2493705 • Status: Active
Lennar Carolinas LLC • MLS 2493702 • Status: Active
Triangle Residential Realty • MLS 2493673 • Status: Active
Howard Perry & Walston Realtor • MLS 2493645 • Status: Active
DuBois Property Group • MLS 2493601 • Status: Active
EXP Realty LLC • MLS 2493451 • Status: Active
HomeTowne Realty Garner • MLS 2493449 • Status: Active
Redfin Corporation • MLS 2493429 • Status: Active
Relevate Real Estate Inc. • MLS 2493417 • Status: Active
Douglas Real Estate • MLS 2493394 • Status: Active
Hodge & Kittrell Sotheby's International Realty • MLS 2493283 • Status: Active
Angela Drum Team Realtors • MLS 2493243 • Status: Active
Howard Perry & Walston Realtor • MLS 2493159 • Status: Active
A Cole Realty LLC • MLS 2493086 • Status: Active
Jordan Lee Real Estate • MLS 2493030 • Status: Active
eXp Realty, LLC • MLS 2492911 • Status: Active
Linda Craft Team, REALTORS • MLS 2492713 • Status: Active
Howard Perry & Walston Realtor • MLS 2492709 • Status: Active
Sell Your Home Services • MLS 2492587 • Status: Active
Howard Perry & Walston Realtor • MLS 2492528 • Status: Active