Raleigh, NC Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Raleigh, NC.

Average buy price
$231.00 / sqft

Typical residential purchase price per square foot.

Average rent
$1.65 / sqft / month

Monthly rent per square foot.

Median home price
$425,000

Estimated median residential sale price.

Median monthly rent
$1,775

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 2.3% over the last 5 years.

Rent price development

Rent prices have increased by about 19.1% over the last 5 years.

Submitted values in Raleigh

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-05 Rent luxury apartment $2.11 / sqft 1,240 sqft $2,616 Glenwood Avenue 27612
2026-07-02 Buy townhouse $226.00 / sqft 1,925 sqft $435,050 Umstead 27613
2026-07-02 Buy condo $247.00 / sqft 1,210 sqft $298,870 Lassiter Mill 27609
2026-07-01 Rent apartment $1.53 / sqft 940 sqft $1,438 Stonehenge 27615
2026-07-01 Rent townhouse $1.37 / sqft 1,665 sqft $2,281 Northeast Raleigh 27616
2026-06-30 Rent single-family home $1.17 / sqft 2,240 sqft $2,621 Chastain 27610
2026-06-30 Buy single-family home $263.00 / sqft 2,360 sqft $620,680 Five Points 27608
2026-06-29 Rent condo $1.82 / sqft 990 sqft $1,802 Cameron Village 27605
2026-06-28 Rent apartment $1.42 / sqft 1,015 sqft $1,441 Brentwood 27604
2026-06-25 Rent apartment $1.88 / sqft 615 sqft $1,156 Cameron Park 27605
2026-06-25 Rent condo $1.74 / sqft 1,060 sqft $1,844 Downtown South 27603
2026-06-23 Rent luxury apartment $2.36 / sqft 675 sqft $1,593 Glenwood South 27601
2026-06-22 Buy condo $286.00 / sqft 905 sqft $258,830 Warehouse District 27601
2026-06-21 Buy townhouse $219.00 / sqft 1,465 sqft $320,835 Laurel Hills 27612
2026-06-20 Rent apartment $1.69 / sqft 870 sqft $1,470 Crabtree Valley 27612
2026-06-20 Rent single-family home $1.31 / sqft 1,780 sqft $2,332 North Raleigh 27615
2026-06-17 Buy single-family home $191.00 / sqft 1,960 sqft $374,360 Trailwood 27603
2026-06-16 Buy condo $318.00 / sqft 760 sqft $241,680 Glenwood South 27605
2026-06-15 Buy multi-family home $225.00 / sqft 3,680 sqft $828,000 Inside Wade 27607
2026-06-13 Buy townhouse $208.00 / sqft 1,585 sqft $329,680 King Charles 27610
2026-06-13 Buy single-family home $231.00 / sqft 2,660 sqft $614,460 Glenwood Crossing 27617
2026-06-06 Rent apartment $1.61 / sqft 1,185 sqft $1,908 Wade Avenue 27607
2026-06-06 Rent apartment $1.56 / sqft 742 sqft $1,158 Avent Ferry 27606
2026-06-05 Buy duplex $197.00 / sqft 2,140 sqft $421,580 Mordecai 27604
2026-06-04 Rent single-family home $1.28 / sqft 1,895 sqft $2,426 Swift Creek 27603
2026-06-03 Rent loft $2.29 / sqft 720 sqft $1,649 Boylan Heights 27603
2026-06-03 Buy single-family home $244.00 / sqft 1,540 sqft $375,760 Lakemont 27609
2026-06-03 Buy single-family home $223.00 / sqft 1,845 sqft $411,435 Worthdale 27610
2026-06-02 Buy single-family home $187.00 / sqft 2,485 sqft $464,695 Highland Creek 27616
2026-05-31 Rent duplex $1.45 / sqft 1,280 sqft $1,856 Oakwood North 27604
2026-05-30 Rent apartment $1.73 / sqft 785 sqft $1,358 Quail Hollow 27609
2026-05-26 Rent apartment $1.66 / sqft 1,095 sqft $1,818 Leesville 27613
2026-05-25 Buy single-family home $279.00 / sqft 2,875 sqft $802,125 North Ridge 27615
2026-05-24 Rent luxury apartment $2.04 / sqft 930 sqft $1,897 North Hills 27609
2026-05-21 Buy single-family home $235.00 / sqft 2,215 sqft $520,525 Crabtree 27612
2026-05-19 Buy single-family home $306.00 / sqft 3,420 sqft $1,046,520 Hayes Barton 27608
2026-05-19 Rent townhouse $1.48 / sqft 1,515 sqft $2,242 Brier Creek 27617
2026-05-18 Buy multi-family home $211.00 / sqft 3,120 sqft $658,320 South Park 27610
2026-05-17 Buy single-family home $205.00 / sqft 2,195 sqft $449,975 Leesville 27613
2026-05-12 Rent townhouse $1.52 / sqft 1,450 sqft $2,204 Northwest Raleigh 27612
2026-05-07 Rent single-family home $1.22 / sqft 2,050 sqft $2,501 Barton Creek 27613
2026-05-06 Buy condo $271.00 / sqft 995 sqft $269,645 Downtown Raleigh 27601
2026-05-03 Buy townhouse $232.00 / sqft 1,785 sqft $414,120 Brier Creek 27617
2026-04-28 Buy townhouse $214.00 / sqft 1,640 sqft $350,960 5401 North 27616
2026-04-27 Buy single-family home $202.00 / sqft 1,775 sqft $358,550 Fairway Acres 27606
2026-04-24 Rent duplex $1.34 / sqft 1,120 sqft $1,501 Longview 27610
2026-04-21 Rent luxury apartment $2.07 / sqft 1,365 sqft $2,826 Brier Creek 27617
2026-04-19 Buy condo $238.00 / sqft 1,125 sqft $267,750 University Park 27607
2026-04-17 Rent loft $2.18 / sqft 805 sqft $1,755 Moore Square 27601
2026-04-08 Buy single-family home $258.00 / sqft 2,035 sqft $525,030 Oakwood 27604
2025-11-01 Rent townhouse $1.49 / sqft / month 1,575 sqft $2,347 Brier Creek 27617
2025-08-22 Buy multi-family home $198.00 / sqft 2,860 sqft $566,280 South Park 27610
2025-04-01 Rent apartment $1.62 / sqft / month 1,025 sqft $1,661 West Raleigh 27606
2025-02-14 Buy single-family home $242.00 / sqft 2,160 sqft $522,720 Hayes Barton 27608
2024-09-01 Rent luxury apartment $2.14 / sqft / month 790 sqft $1,691 Warehouse District 27601
2024-05-09 Buy townhouse $229.00 / sqft 1,690 sqft $387,010 5401 North 27616
2023-07-01 Rent single-family home $1.38 / sqft / month 1,810 sqft $2,498 Leesville 27613
2023-03-24 Buy condo $251.00 / sqft 1,015 sqft $254,765 Cameron Village 27605
2022-10-01 Rent apartment $1.86 / sqft / month 865 sqft $1,609 Crabtree Valley 27612
2022-06-02 Buy single-family home $238.00 / sqft 1,730 sqft $411,740 Oakwood 27604
2021-08-01 Rent townhouse $1.31 / sqft / month 1,510 sqft $1,978 North Raleigh 27615
2021-05-18 Buy single-family home $215.00 / sqft 2,025 sqft $435,375 Quail Hollow 27609
2020-11-01 Rent luxury apartment $1.78 / sqft / month 720 sqft $1,282 Glenwood South 27601
2020-04-30 Buy townhouse $191.00 / sqft 1,580 sqft $301,780 Brier Creek 27617
2019-09-15 Rent single-family home $1.12 / sqft / month 1,680 sqft $1,882 Chastain 27610
2019-06-14 Buy single-family home $187.00 / sqft 2,420 sqft $452,540 Barton Creek 27613
2018-10-01 Rent apartment $1.42 / sqft / month 780 sqft $1,108 West Raleigh 27607
2018-05-23 Buy single-family home $172.00 / sqft 1,865 sqft $320,780 Gorman Street Area 27606
2017-08-01 Rent townhouse $1.13 / sqft / month 1,420 sqft $1,605 Northeast Raleigh 27616
2017-04-28 Buy condo $181.00 / sqft 1,040 sqft $188,240 Downtown Raleigh 27601
2016-12-01 Rent apartment $1.29 / sqft / month 810 sqft $1,045 North Hills 27609
2016-06-09 Buy single-family home $164.00 / sqft 2,250 sqft $369,000 Greystone Village 27615
2015-07-01 Rent condo $1.25 / sqft / month 875 sqft $1,094 Glenwood South 27605
2015-03-20 Buy townhouse $151.00 / sqft 1,545 sqft $233,295 Laurel Hills 27612
2014-09-01 Rent apartment $1.18 / sqft / month 735 sqft $867 Downtown South 27603
2014-05-15 Buy single-family home $158.00 / sqft 1,980 sqft $312,840 Five Points 27608
2013-10-01 Rent townhouse $1.01 / sqft / month 1,285 sqft $1,298 Brier Creek 27617
2013-06-27 Buy single-family home $145.00 / sqft 1,710 sqft $247,950 Inside Wade 27607
2012-08-01 Rent single-family home $0.92 / sqft / month 1,500 sqft $1,380 Southeast Raleigh 27610
2012-04-03 Buy condo $148.00 / sqft 900 sqft $133,200 Moore Square 27601
2011-11-01 Rent apartment $1.05 / sqft / month 760 sqft $798 Crabtree 27612
2011-05-24 Buy single-family home $124.00 / sqft 2,310 sqft $286,440 Umstead 27613
2010-07-15 Rent duplex $0.83 / sqft / month 1,080 sqft $896 Mordecai 27604
2010-03-12 Buy townhouse $121.00 / sqft 1,460 sqft $176,660 Triangle Town Center Area 27616
2009-09-01 Rent apartment $0.95 / sqft / month 820 sqft $779 Avent Ferry 27606
2009-06-05 Buy single-family home $116.00 / sqft 1,840 sqft $213,440 Worthdale 27610
2008-10-01 Rent townhouse $0.86 / sqft / month 1,325 sqft $1,140 North Raleigh 27615
2008-04-18 Buy condo $128.00 / sqft 1,065 sqft $136,320 Oakwood North 27604
2007-08-01 Rent apartment $1.07 / sqft / month 690 sqft $738 Hillsborough Street 27607
2007-05-10 Buy single-family home $143.00 / sqft 2,100 sqft $300,300 Lakemont 27609
2006-12-01 Rent single-family home $0.82 / sqft / month 1,610 sqft $1,320 Leesville 27613
2006-07-21 Buy townhouse $132.00 / sqft 1,490 sqft $196,680 Brier Creek 27617
2005-09-01 Rent condo $1.02 / sqft / month 920 sqft $938 Cameron Park 27605
2005-03-30 Buy single-family home $139.00 / sqft 1,760 sqft $244,640 Hayes Barton 27608
2004-10-15 Rent apartment $0.93 / sqft / month 790 sqft $735 Warehouse District 27601
2004-06-16 Buy single-family home $126.00 / sqft 2,280 sqft $287,280 Stonehenge 27615
2003-08-01 Rent townhouse $0.79 / sqft / month 1,240 sqft $980 Wakefield Plantation 27616
2003-05-29 Buy condo $132.00 / sqft 980 sqft $129,360 University Park 27607
2002-11-01 Rent apartment $0.88 / sqft / month 840 sqft $739 Glenwood Avenue 27612
2002-04-08 Buy single-family home $119.00 / sqft 1,575 sqft $187,425 Fairway Acres 27606
2001-07-01 Rent duplex $0.72 / sqft / month 1,050 sqft $756 King Charles 27610
2001-02-14 Buy townhouse $107.00 / sqft 1,320 sqft $141,240 Brier Creek 27613
2000-09-01 Rent apartment $0.82 / sqft / month 745 sqft $611 Lassiter Mill 27609
2000-05-19 Buy single-family home $111.00 / sqft 2,040 sqft $226,440 Northwest Raleigh 27612
1999-08-15 Rent single-family home $0.66 / sqft / month 1,380 sqft $911 Mordecai 27604
1999-03-26 Buy condo $112.00 / sqft 940 sqft $105,280 Downtown Raleigh 27601
1998-10-01 Rent apartment $0.77 / sqft / month 700 sqft $539 South Saunders 27603
1998-06-11 Buy single-family home $104.00 / sqft 1,880 sqft $195,520 Five Points 27608
1997-09-01 Rent condo $0.74 / sqft / month 810 sqft $599 Glenwood South 27605
1997-04-25 Buy townhouse $91.00 / sqft 1,390 sqft $126,490 Northeast Raleigh 27616
1996-12-01 Rent apartment $0.69 / sqft / month 760 sqft $524 Wade Avenue 27607
1996-07-18 Buy single-family home $95.00 / sqft 1,325 sqft $125,875 North Hills 27609
1995-10-01 Rent townhouse $0.62 / sqft / month 1,125 sqft $698 Leesville 27613
1995-05-30 Buy single-family home $88.00 / sqft 1,660 sqft $146,080 North Ridge 27615
1994-08-01 Rent apartment $0.64 / sqft / month 690 sqft $442 Crabtree Valley 27612
1994-03-09 Buy condo $91.00 / sqft 850 sqft $77,350 Cameron Village 27605
1993-11-15 Rent duplex $0.54 / sqft / month 980 sqft $529 Longview 27610
1993-06-22 Buy townhouse $82.00 / sqft 1,180 sqft $96,760 Brentwood 27604
1992-09-01 Rent apartment $0.58 / sqft / month 720 sqft $418 West Raleigh 27606
1992-04-17 Buy single-family home $77.00 / sqft 1,420 sqft $109,340 Southeast Raleigh 27610

Housing market overview for Raleigh, NC

The real estate market in Raleigh, NC can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $231.00 / sqft and an average rent of $1.65 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Raleigh?

The average residential buy price in Raleigh, NC is $231.00 / sqft based on the current values available on this page.

How much is rent per square foot in Raleigh?

The average rental price in Raleigh, NC is $1.65 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Raleigh increasing?

Buy prices have increased by about 2.3% over the last 5 years. Rent prices have increased by about 19.1% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.