The Research Triangle Park housing market is somewhat competitive. The median sale price of a home in Research Triangle Park was $392K last month, up 0.5% since last year. The median sale price per square foot in Research Triangle Park is $133, down 43.6% since last year.
What is the housing market like in Research Triangle Park today?
In October 2024, Research Triangle Park home prices were up 0.5% compared to last year, selling for a median price of $392K. On average, homes in Research Triangle Park sell after 32 days on the market compared to 30 days last year. There were 21 homes sold in October this year, up from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$392,000
+0.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Research Triangle Park, NC
$392,000
+0.5%
United States
To compare other locations to the Research Triangle Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Durham add value to a home.
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How hot is the Research Triangle Park housing market?
Research Triangle Park is somewhat competitive. Homes sell in 31 days.
0
100
64
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 31 days.
Hot homes
can sell for around list price and go pending in around 20 days.
Learn about schools in the Research Triangle Park area
Elementary
Middle
High
GreatSchools Rating
7/10
Alston Ridge Elementary School
Public • PreK-5
1064
Students
65 reviews
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 Research Triangle Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Research Triangle Park.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Research Triangle Park has a minor risk of flooding. 192 properties in Research Triangle Park are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Research Triangle Park. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
Research Triangle Park has a moderate risk of wildfire. There are 1,050 properties in Research Triangle Park that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in Research Triangle Park.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Research Triangle Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Research Triangle Park is most at risk from hurricanes. 3,210 properties in Research Triangle Park 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.
96% of properties are at major
risk of heat over the next 30 years
Heat Factor
Research Triangle Park has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 96% of homes in Research Triangle Park have a Major Heat Factor®.
Research Triangle Park is expected to see a 128% increase in the number of days over 105ºF over the next 30 years. Research Triangle Park is expected to experience 7