8 minutes on Rocket
$5,926 Closing Credit¹
#10084864, Mark Chandler France, Listing Office: RIG REAL ESTATE LLC
Raleigh Township Housing Market Report February 2025•Wake County, North Carolina
Housing Prices in Raleigh Township, NC
How much do homes in Raleigh Township, NC cost?
Housing Market Conditions
Is Raleigh Township, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Raleigh Township is a Seller's Market
Difference Since February 2024
Since last year, Raleigh Township has remained a Seller's Market.
Insight
Raleigh Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$455,317$235/SqFt
+$33,049
+7.8%
Based on all homes sold in the last 12 months
Insight
Homes in Raleigh Township have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Raleigh Township was $455,317 in February 2025, up 7.8% from last year, and the median price per square foot was $235.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Raleigh | $422K | $455.2K | +7.9% |
| Raleigh Township | $422.2K | $455.3K | +7.8% |
| Swift Creek Township | $559.2K | $586.7K | +4.9% |
| Meredith Township | $575K | $599.9K | +4.3% |
| House Creek Township | $435K | $444.9K | +2.3% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $253K | $291K | +15.0% |
| 22 Bedrooms | $305K | $314.9K | +3.3% |
| 33 Bedrooms | $384.9K | $404.5K | +5.1% |
| 44 Bedrooms | $591.3K | $645.9K | +9.2% |
| 55+ Bedrooms | $850K | $937.5K | +10.3% |
Summary: Raleigh Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +15.0%. The home price for 2 bedroom homes increased by +3.3%. The home price for 3 bedroom homes increased by +5.1%. The home price for 4 bedroom homes increased by +9.2%. The home price for 5 bedroom homes increased by +10.3%.
How does Raleigh Township, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Raleigh Township, NC
Housing supply in Raleigh Township, NC
How many homes are available in Raleigh Township, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,949Last MonthFeb 2025 | ||
| 1,8132 months agoJan 2025 | +7.5 % Change MoMJan – Feb |
Summary: The Raleigh Township real estate market had 1,949 homes for sale in Feb 2025, a 7.5 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 344Last MonthFeb 2025 | ||
| 3522 months agoJan 2025 | -2.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 35 | 34 | -2.9% |
| 22 Bedrooms | 294 | 316 | +7.5% |
| 33 Bedrooms | 802 | 847 | +5.6% |
| 44 Bedrooms | 457 | 507 | +10.9% |
| 55+ Bedrooms | 225 | 245 | +8.9% |
Summary: Raleigh Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -2.9%. The inventory for 2 bedroom homes increased by +7.5%. The inventory for 3 bedroom homes increased by +5.6%. The inventory for 4 bedroom homes increased by +10.9%. The inventory for 5 bedroom homes increased by +8.9%.
Asking Price vs. Sold Price
How much do homes in Raleigh Township, NC cost?
Over Asking Price67 Homes
At Asking Price83 Homes
Under Asking Price194 Homes
Insight
If you're buying a home in Raleigh Township, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.
Summary: A total of 344 homes were sold or pending in Raleigh Township in February 2025, down by 2.3% month-over-month. Of the 344 sold homes, 56% were sold under asking, 24% were sold at asking, and and 19% were sold over asking.
Days on Market for Raleigh Township, NC
How long does it take to sell a home in Raleigh Township, NC?
Breakdown of Home Sale Times
Under 30 Days178 Homes
30 – 90 Days100 Homes
Over 90 Days66 Homes
Insight
Many homes in Raleigh Township are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 344 homes were sold in Raleigh Township; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 51 DaysThis YearFeb 2025 | ||
| 69 Days1 year agoFeb 2024 | -26.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Raleigh Township had an average listing age of 51 days in Feb 2025, down by 26.0% compared to the previous year.
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Newest Listings in Raleigh Township, NC
What homes are available in Raleigh Township, NC?
2 hours on Rocket
$5,344 Closing Credit¹
#10084852, Beth Smoot, Listing Office: NextHome Triangle Properties
2 hours on Rocket
$4,511 Closing Credit¹
#10084846, Celeste Minns, Listing Office: Century 21 Triangle Group
2 hours on Rocket
$8,307 Closing Credit¹
#10084840, Michael Wrenn, Listing Office: Parrish Realty Company of Knig
2 hours on Rocket
$10,000 Closing Credit¹
#10084838, Gilliam Kittrell, Listing Office: Hodge & Kittrell Sotheby's Int
4 hours on Rocket
$6,294 Closing Credit¹
#10084794, Beth Peterson, Listing Office: Costello Real Estate & Investm
5 hours on Rocket
$10,000 Closing Credit¹
#10084776, Jackie Johnson, Laura Bromhal, Listing Office: Berkshire Hathaway HomeService
6 hours on Rocket
$5,047 Closing Credit¹
#10084752, John Pace, Listing Office: Pace Realty Group, Inc.
6 hours on Rocket
$8,253 Closing Credit¹
#10084744, Doro Taylor, Reeves Stowe, Listing Office: Compass -- Raleigh
Coming soon
$6,530 Closing Credit¹
#10084742, Kourtney Alice Thomas, Listing Office: Costello Real Estate & Investm
7 hours on Rocket
$7,807 Closing Credit¹
#10084733, Nicki Cramer, Alan Fluke, Listing Office: Tri Pointe Homes Inc
Coming soon
$5,699 Closing Credit¹
#10084735, Misty Bernot Wright, Listing Office: Misty B. Wright Realty, LLC
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Based on information from Doorify MLS, Hive MLS, Canopy MLS, Triad MLS Inc, and BrightMLS for the period 03/01/2023 - 03/01/2025
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/26/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 3/26/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/26/2025, 7:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/26/2025, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/26/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.