OFF MARKET
Google street view image for 5202 Invention Way, Raleigh, NC 27616
OFF MARKET
$316,657
—
bd
•
3.5 ba
•
1,753
sq ft

5202 Invention Way, Raleigh, NC 27616

map-entry

About this home

5202 Invention Way is a 1,753 square foot townhouse on a 1,307 square foot lot with 3.5 bathrooms. Based on Redfin's Raleigh data, we estimate the home's value is $316,657.
TownhomeProperty Type
2023Year Built
1,307 sq ftLot Size
$181Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$316,657
$0 since August

This home's estimate is 4.7% lower than the average sale price ($332K) of 6 comparable homes.

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Earn from this home

Sell
$296,396
Est. take-home

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Rent
$1,984/mo
Redfin rental estimate

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Market trends in 27616, NC

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
98.5%

0.0% MoM

Median sale price
$365K

$13K MoM

Avg. days on market
55d

6 days MoM

Recently sold homes
190

12 MoM

New listings for sale

Provided by Redfin

Sale history for 5202 Invention Way

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 5202 Invention Way

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

PD

Planned Development District

The PD, Planned Development district is intended to permit the establishment of areas in which diverse uses may be combined and integrated through careful planning to provide a unified and compatible development which is consistent with the general comprehensive plan, and which may reasonably be expected to result in a quality of living environment which is more closely in keeping with the purposes of zoning than would otherwise likely be obtained. It is not the intent of the Board of Commissioners that the PD district become a "loophole" designed to permit otherwise illegal contract, conditional or spot zoning, or the clandestine institution of the unlawful use variance. Rather, the PD district is intended to permit further refinement and more detailed expression of the general comprehensive plan in situations where the owners of the property present a development plan which is found to be in the public interest and consistent with the general comprehensive plan.
Permitted uses

Include but are not limited to:

  • No uses permitted by right

Property details

Around this home

Schools

River Bend Elementary

Public PreK-5 • Assigned • 0.4mi

4/10
River Bend Middle

Public 6-8 • Assigned • 0.5mi

2/10
Rolesville High School

Public 9-12 • Assigned • 6.5mi

5/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 106° expected this year, 17 days in 30 years

6/10 Wind Factor

57% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27616
Average low and high temperatures (°F)
49
29
55
35
70
46
77
55
78
60
89
69
90
74
82
67
80
64
72
52
65
44
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$301,000 – $365,000

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New listings for sale in 27616

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COMING SOON
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Home values near 5202 Invention Way

Data from public records.

More real estate resources

5401 North homes for sale
Northeast Raleigh homes for sale
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