The South Central Raleigh housing market is somewhat competitive. The median sale price of a home in South Central Raleigh was $530K last month, up 15.2% since last year. The median sale price per square foot in South Central Raleigh is $351, up 34.7% since last year.
What is the housing market like in South Central Raleigh today?
In March 2024, South Central Raleigh home prices were up 15.2% compared to last year, selling for a median price of $530K. On average, homes in South Central Raleigh sell after 11 days on the market compared to 80 days last year. There were 7 homes sold in March this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$530,000
+15.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Central Raleigh, NC
$530,000
+15.2%
United States
To compare other locations to the South Central 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 South Central Raleigh housing market?
South Central Raleigh is somewhat competitive. Homes sell in 50 days.
0
100
40
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 9 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 21 days.
Learn about schools in the South Central Raleigh area
Elementary
Middle
High
GreatSchools Rating
4/10
Southeast Raleigh Elementary
Public • PreK-5
381
Students
N/A
3/10
Hunter Elementary School
Public • PreK-5
608
Students
29 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 South Central Raleigh housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Central Raleigh.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Central Raleigh has a moderate risk of flooding. 183 properties in South Central Raleigh are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in South Central Raleigh. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Central Raleigh has a moderate risk of wildfire. There are 164 properties in South Central Raleigh that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in South Central Raleigh.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
South Central Raleigh has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Central Raleigh is most at risk from hurricanes. 2,084 properties in South Central 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 86 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.
85% of properties are at major
risk of heat over the next 30 years
Heat Factor
South Central Raleigh has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 85% of homes in South Central Raleigh have a Major Heat Factor®.
South Central Raleigh is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. South Central Raleigh is expected to experience 7