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Foreclosure Homes in Raleigh, NC 27612

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Raleigh, NC Foreclosures

How much do homes sell for in Raleigh, NC?
The average home price is currently $605,322.
In Raleigh, NC, how many homes are available?
There are currently 19 active home listings available in Raleigh.
What’s the average rental cost in Raleigh, NC?
The average rental price in Raleigh is $1,616.
What is the most expensive home in Raleigh?
The most expensive home sold in Raleigh had a price of $188,780,160.
What is currently the cheapest priced home in Raleigh, NC?
The cheapest home for sale in Raleigh is priced at $10,316.

Living in Raleigh, NC

Raleigh, NC, combines rich history with modern amenities, creating a unique living experience for its residents. The city boasts a strong educational system and a range of outdoor activities that cater to families and young professionals alike. Its robust economy and strategic location make it an attractive destination for real estate investment.

Current Market Conditions in Raleigh, NC

The real estate market in Raleigh is currently booming, driven by a steady influx of new residents seeking job opportunities and a high quality of life. Home prices have seen significant appreciation over the past few years, making it a competitive market for buyers, but still appealing for investors due to the potential for rental income.

With an increasing population and the presence of tech and educational institutions, Raleigh's housing demand continues to rise. Developers are actively building new residential projects to keep up with market needs, creating potential investment opportunities for residential and rental properties.

Home Value Estimator For Raleigh, NC

There are currently 170,549 real estate properties in Raleigh, NC, with a median automated valuation model (AVM) price of $442,601.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Raleigh, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Raleigh, NC, is $605,322.00, with the most expensive house in Raleigh, NC, topping out at $188,780,160.00 and the cheapest home in Raleigh, NC, clocking in at $10,316.00. In other words, there’s something for every potential homebuyer or savvy investor in Raleigh, NC!

Rent Prices In Raleigh, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Raleigh, NC, is on a rollercoaster ride. The average rent price in Raleigh, NC, is $1,616.00. Indeed, when looking to rent in Raleigh, NC, you can expect to pay as little as $480.00 or as much as $4,560.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Raleigh, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Raleigh, NC 27612 Foreclosures

Market Trend for Raleigh, NC

Total Listings Available: 19

Market Values:

Home Prices from $10,316 to $188,780,160

Average Sales Price: $605,322

Rental Values:

Rental from $480 to $4,560

Average Rent Value: $1,616 / month

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