The East Raleigh housing market is somewhat competitive. The median sale price of a home in East Raleigh was $359K last month, down 9.39% since last year. The median sale price per square foot in East Raleigh is $303, up 50.0% since last year.
What is the housing market like in East Raleigh today?
In March 2024, East Raleigh home prices were down 9.39% compared to last year, selling for a median price of $359K. On average, homes in East Raleigh sell after 66 days on the market compared to 60 days last year. There were 18 homes sold in March this year, down from 68 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$359,250
-9.39% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
East Raleigh, NC
$359,250
-9.39%
United States
To compare other locations to the East Raleigh 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the East Raleigh housing market?
East Raleigh is somewhat competitive. Homes sell in 37 days.
0
100
54
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 37 days.
Hot homes
can sell for around list price and go pending in around 18 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Poe Elementary
Public • PreK-5
369
Students
10 reviews
4/10
Hunter Elementary School
Public • PreK-5
643
Students
29 reviews
3/10
Powell Elementary
Public • PreK-5
320
Students
13 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 East Raleigh housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in East Raleigh.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
East Raleigh has a moderate risk of flooding. 284 properties in East Raleigh are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in East Raleigh. Flood risk is increasing slower than the national average.
41% of properties are at risk of wildfire over the next 30 years
Fire Factor
East Raleigh has a moderate risk of wildfire. There are 1,303 properties in East Raleigh that have some risk of being affected by wildfire over the next 30 years. This represents 41% of all properties in East Raleigh.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
East Raleigh has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. East Raleigh is most at risk from hurricanes. 3,169 properties in East Raleigh 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 90 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 100 mph.