6 hours on Rocket
$5,023 Closing Credit¹
#10105311, Kevin McVicker, Listing office: RTP Real Estate LLC
Southeast Raleigh Housing Market Report May 2025•Wake County, North Carolina
Housing Prices in Southeast Raleigh, NC
How much do homes in Southeast Raleigh, NC cost?
Housing Market Conditions
Is Southeast Raleigh, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Southeast Raleigh is a Seller's Market
Difference Since May 2024
Since last year, Southeast Raleigh has remained a Seller's Market.
Insight
Southeast Raleigh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$320,000$193/SqFt
-$10,000
-3.0%
Based on all homes sold in the last 12 months
Insight
Homes in Southeast Raleigh have sold for 3% less than they did a year ago.
Summary: The median home sold price in Southeast Raleigh was $320,000 in May 2025, down 3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $286.7K | $281K | -2.0% |
| 33 Bedrooms | $325.4K | $315K | -3.2% |
| 44 Bedrooms | $362K | $370K | +2.2% |
| 55+ Bedrooms | $375K | $350K | -6.7% |
Summary: Southeast Raleigh housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -2.0%. The home price for 3 bedroom homes decreased by -3.2%. The home price for 4 bedroom homes increased by +2.2%. The home price for 5 bedroom homes decreased by -6.7%.
How does Southeast Raleigh, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Southeast Raleigh, NC
Housing supply in Southeast Raleigh, NC
How many homes are available in Southeast Raleigh, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 130Last MonthMay 2025 | ||
| 1122 months agoApr 2025 | +16.1 % Change MoMApr – May |
Summary: The Southeast Raleigh real estate market had 130 homes for sale in May 2025, a 16.1 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthMay 2025 | ||
| 192 months agoApr 2025 | +63.2 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 11 | 11 | 0.0% |
| 33 Bedrooms | 79 | 92 | +16.5% |
| 44 Bedrooms | 22 | 27 | +22.7% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Southeast Raleigh housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +16.5%. The inventory for 4 bedroom homes increased by +22.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Southeast Raleigh, NC cost?
Over Asking Price6 Homes
At Asking Price7 Homes
Under Asking Price18 Homes
Insight
If you're buying a home in Southeast Raleigh, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Southeast Raleigh in May 2025, up by 63.2% month-over-month. Of the 31 sold homes, 58% were sold under asking, 23% were sold at asking, and and 19% were sold over asking.
Days on Market for Southeast Raleigh, NC
How long does it take to sell a home in Southeast Raleigh, NC?
Breakdown of Home Sale Times
Under 30 Days17 Homes
30 – 90 Days13 Homes
Over 90 Days1 Home
Insight
Many homes in Southeast Raleigh are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 31 homes were sold in Southeast Raleigh; 55% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 35 DaysThis YearMay 2025 | ||
| 15 Days1 year agoMay 2024 | +126.7 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Southeast Raleigh had an average listing age of 35 days in May 2025, up by 126.7% compared to the previous year.
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Newest Listings in Southeast Raleigh, NC
What homes are available in Southeast Raleigh, NC?
2 days on Rocket
$4,691 Closing Credit¹
#10104974, Judy Harrison, Listing office: Harrison Realty Group
5 days on RocketTour
$3,384 Closing Credit¹
#10104399, Keisha Battle, Listing office: Omni Realty Group
5 days on Rocket
$4,511 Closing Credit¹
#10104287, Carson Cobb, Listing office: RE/MAX United
5 days on Rocket
$4,036 Closing Credit¹
#10104042, Kim Hellner, Listing office: Allen Tate/Cary
6 days on Rocket
$4,393 Closing Credit¹
#10103829, John Cole, Listing office: Integra Realty
7 days on RocketTour
$4,738 Closing Credit¹
#10103613, Matt Marino, Listing office: Redfin Corporation
7 days on Rocket
$2,969 Closing Credit¹
#10103574, Ellyssia Johnson, Listing office: Mark Spain Real Estate
$4,452 Closing Credit¹
#10102917, Ahmed Mustafa, Listing office: Real Broker, LLC
$2,850 Closing Credit¹
#10102910, Amy Thai, Listing office: Real Broker, LLC
$5,700 Closing Credit¹
#10102640, Davida Hamilton Major, Listing office: Keller Williams Elite Realty
$4,216 Closing Credit¹
#10102622, Leonna Weiss, Listing office: EXP Realty LLC
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Nearby markets aren't available for Southeast Raleigh, NC
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, for the period 06/01/2023 - 06/01/2025
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: 6/24/2025, 11:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.