The Caraleigh housing market is somewhat competitive. The median sale price of a home in Caraleigh was $475K last month, down 25.4% since last year. The median sale price per square foot in Caraleigh is $430, up 14.2% since last year.
What is the housing market like in Caraleigh today?
In March 2024, Caraleigh home prices were down 25.4% compared to last year, selling for a median price of $475K. On average, homes in Caraleigh sell after 9 days on the market compared to 19 days last year. There were 3 homes sold in March this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$475,000
-25.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Caraleigh, NC
$475,000
-25.4%
United States
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How hot is the Caraleigh housing market?
Caraleigh is somewhat competitive. Homes sell in 31 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 31 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Caraleigh housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Caraleigh.
Risk Factor
Flood Factor - Major
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Caraleigh has a major risk of flooding. 81 properties in Caraleigh are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Caraleigh. Flood risk is increasing slower than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
Caraleigh has a minor risk of wildfire. There are 117 properties in Caraleigh that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in Caraleigh.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Caraleigh has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Caraleigh is most at risk from hurricanes. 638 properties in Caraleigh have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 87 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.