How does the housing market look in South Central Raleigh? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
South Central Raleigh Raleigh, NC
Median Sale Price
$550,500
10.9%
New Listings
5
50.0%
Number of Homes Sold
8
33.3%
Median Days on Market
14
9.7%
Market Overview
All Home Types
In the last 30 days, homes for sale in South Central Raleigh, Raleigh, NC sold for a median price of $550,500, up 10.9% compared to the same period last year. The median price per square foot was $318.60, down 16.2% year-over-year. There were 8 homes sold, up from 6 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 South Central Raleigh, Raleigh, NC was 38, up 15.2% compared to last year. In the last 30 days, 5 new homes were listed for sale, down 50% year-over-year. The median days on market was 14, down from 15.5 days last year. The months of supply was 3.38, up from 1.67 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 South Central Raleigh, Raleigh, NC had a median sale-to-list-price ratio of 99.37%, down 5.1 pt compared to the same period last year. 37.5% of homes sold above list price, down 45.8 pt year-over-year. 25% of homes listed dropped in price, up 25 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 South Central Raleigh
Godwin Marketing Group, LLC • MLS 2500785 • Status: Active
DeMuth Realty Group • MLS 2500403 • Status: Active
Monarch Realty Co. • MLS 2499854 • Status: Active
Rich Realty Group • MLS 2499785 • Status: Active
Compass -- Cary • MLS 2493894 • Status: Active
Compass -- Cary • MLS 2493087 • Status: Active
Rich Realty Group • MLS 2491836 • Status: Active
Compass -- Cary • MLS 2489391 • Status: Active
Society Real Estate, LLC • MLS 2489083 • Status: Active
Keller Williams Realty • MLS 2486479 • Status: Active
Keaton Barrow Realty • MLS 2485258 • Status: Active
Real Broker, LLC • MLS 2483462 • Status: Active
Northside Realty Inc. • MLS 2482383 • Status: Active
Slate Luxury Homes • MLS 2482196 • Status: Active
Rich Realty Group • MLS 2475752 • Status: Active
Rich Realty Group • MLS 2475749 • Status: Active
Compass -- Cary • MLS 2470067 • Status: Active
Compass -- Cary • MLS 2466078 • Status: Active
Compass -- Cary • MLS 2462994 • Status: Active
Compass -- Cary • MLS 2462292 • Status: Active