The Southeast Raleigh housing market is very competitive. The median sale price of a home in Southeast Raleigh was $339K last month, up 7.6% since last year. The median sale price per square foot in Southeast Raleigh is $194, up 3.7% since last year.
What is the housing market like in Southeast Raleigh today?
In March 2024, Southeast Raleigh home prices were up 7.6% compared to last year, selling for a median price of $339K. On average, homes in Southeast Raleigh sell after 22 days on the market compared to 47 days last year. There were 97 homes sold in March this year, up from 89 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$338,815
+7.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southeast Raleigh, NC
$338,815
+7.6%
United States
To compare other locations to the Southeast 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 Southeast Raleigh housing market?
Southeast Raleigh is very competitive. Homes sell in 21 days.
0
100
74
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 21 days.
Hot homes
can sell for around list price and go pending in around 8 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Creech Road Elementary
Public • PreK-5
555
Students
11 reviews
6/10
Poe Elementary
Public • PreK-5
369
Students
10 reviews
6/10
Hodge Road Elementary
Public • PreK-5
494
Students
18 reviews
6/10
Bugg Elementary
Public • PreK-5
391
Students
18 reviews
6/10
Barwell Road Elementary
Public • PreK-5
693
Students
9 reviews
Only showing 5 of
9 elementary schools.
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 Southeast Raleigh housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southeast Raleigh.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southeast Raleigh has a moderate risk of flooding. 839 properties in Southeast Raleigh are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Southeast Raleigh. Flood risk is increasing slower than the national average.
84% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southeast Raleigh has a moderate risk of wildfire. There are 9,041 properties in Southeast Raleigh that have some risk of being affected by wildfire over the next 30 years. This represents 84% of all properties in Southeast Raleigh.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Southeast Raleigh has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southeast Raleigh is most at risk from hurricanes. 10,639 properties in Southeast 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 93 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 108 mph.
55% of properties are at major
risk of heat over the next 30 years
Heat Factor
Southeast Raleigh has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 55% of homes in Southeast Raleigh have a Major Heat Factor®.
Southeast Raleigh is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Southeast Raleigh is expected to experience 7