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Foreclosure Homes in Raleigh, NC 27613

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Raleigh, NC Foreclosures

How much do homes sell for in Raleigh, NC?
The average home price is currently $603,556.
In Raleigh, NC, how many homes are available?
There are currently 35 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 $187,471,944.
What is currently the cheapest priced home in Raleigh, NC?
The cheapest home for sale in Raleigh is priced at $10,021.

Living in Raleigh, NC

Raleigh, known for its beautiful parks and vibrant culture, is a flourishing city with a high quality of life. It offers a mix of urban convenience and suburban charm, making it an attractive place to live, work, and study. Residents benefit from excellent schools, abundant outdoor activities, and a booming job market.

Current Market Conditions in Raleigh, NC

The real estate market in Raleigh is currently competitive, with a steady increase in home values over the last year. New construction is prevalent as demand for housing continues to grow in the area. The city has seen a surge of newcomers drawn by job opportunities, particularly in tech and education sectors.

Raleigh's housing market is characterized by a variety of options, from historic homes to modern builds, catering to diverse preferences. While inventory remains low, homes are appreciating in value, making it an attractive investment for buyers. The rental market is also strong, with increasing demand for rental properties.

Home Value Estimator For Raleigh, NC

There are currently 170,755 real estate properties in Raleigh, NC, with a median automated valuation model (AVM) price of $434,494.00. 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 $603,556.00, with the most expensive house in Raleigh, NC, topping out at $187,471,944.00 and the cheapest home in Raleigh, NC, clocking in at $10,021.00. 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 27613 Foreclosures

Market Trend for Raleigh, NC

Total Listings Available: 35

Market Values:

Home Prices from $10,021 to $187,471,944

Average Sales Price: $603,556

Rental Values:

Rental from $480 to $4,560

Average Rent Value: $1,616 / month

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