Is Raleigh a good place to invest in real estate?

Real Estate Market WalletHub also ranks Raleigh among the best real estate markets to buy in, based on key criteria such as activity in the marketplace, housing affordability, and strength of the local economy.

Is Raleigh in a housing bubble?

RALEIGH, N.C. (WTVD) — A turbocharged Triangle housing market is continuing a streak of activity with rising home prices. According to Zillow home value data, the average price of a Raleigh home is around $333, 255. That’s not far off the average U.S. home price of $350,000, an all-time high.

How is the housing market in Raleigh NC?

Raleigh, NC Housing Market In July 2021, the median list price of homes in Raleigh, NC was $360K, trending up 15.4% year-over-year. The median listing price per square foot was $182. The median sale price was $380K.

Is the real estate market hot in Raleigh NC?

Despite the impact of the coronavirus pandemic, the Raleigh real estate market is hot and heating up heading into 2021. In this article, we are sharing our research and knowledge of the Raleigh real estate market trends and factors contributing to this top rental market.

How big is the real estate market in Durham NC?

The North Carolina real estate market is a great choice for real estate investors. Durham, NC is home to roughly a quarter million people. However, Durham is the heart of the Durham-Chapel Hill area, home to about half a million.

What’s the current value of a home in Raleigh NC?

The latest real estate data from Zillow shows that the current median home value in Raleigh is $191,161. In the last twelve months, the Raleigh real estate has appreciated by 2.9%.

Are there any price cuts in Raleigh NC?

Zillow reports that 11.8% of the listings in Raleigh had a price cut in Jan 2020. When there are less number of homes available for sale than buyers to purchase them, those sellers are enjoying a hot real estate market. Here is the Raleigh real estate price appreciation graph by Zillow.