The Renaissance Park housing market is very competitive. The median sale price of a home in Renaissance Park was $535K last month, up 4.5% since last year. The median sale price per square foot in Renaissance Park is $233, up 5.7% since last year.
What is the housing market like in Renaissance Park today?
In March 2024, Renaissance Park home prices were up 4.5% compared to last year, selling for a median price of $535K. On average, homes in Renaissance Park sell after 37 days on the market compared to 94 days last year. There were 4 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$535,000
+4.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Renaissance Park, NC
$535,000
+4.5%
United States
To compare other locations to the Renaissance Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Raleigh add value to a home.
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How hot is the Renaissance Park housing market?
Renaissance Park is very competitive. Homes sell in 40 days.
0
100
72
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 40 days.
Hot homes
can sell for about 1% above list price and go pending in around 22 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 Renaissance Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Renaissance Park.
Risk Factor
Flood Factor - Moderate
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Renaissance Park has a moderate risk of flooding. 48 properties in Renaissance Park are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Renaissance Park. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
Renaissance Park has a moderate risk of wildfire. There are 1,014 properties in Renaissance Park that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in Renaissance Park.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Renaissance Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Renaissance Park is most at risk from hurricanes. 1,031 properties in Renaissance 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 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.
78% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Renaissance Park has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 78% of homes in Renaissance Park have a Severe Heat Factor®.
Renaissance Park is expected to see a 128% increase in the number of days over 105ºF over the next 30 years. Renaissance Park is expected to experience 5