Raleigh Market Stats
The capital city of Raleigh lies in the heart of North Carolina, just a few short hours from the beaches to the east and the mountains to the west. Named a “Five Star City” for its quality of life, Raleigh has a lot to offer—not the least of which is affordable housing. With a proliferation of condos, single-family homes, luxury homes, and more, Raleigh has something for everyone. A growing metropolis, this jewel of the South has prospered over the last few decades. It continues to bring in new jobs, and new residents, new housing developments, and a plethora of other opportunities for enjoying an exceptional quality of life.
A Snapshot of the Area
90ºF / 69ºF
51ºF / 30ºF
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Median home value: $236,700
Median rent: $1,074
Travel & Commute
To Cary: 15 min
Durham: 30 min
To Wake Forest: 30 min
Major Roads: I-40, I-440, I-87, I-540, US-70
Top tourist attractions
There’s something for everyone in Raleigh, and plenty of fun to be found throughout the year. Enjoy yourself at one of Glendale Ave’s trendy restaurants. Shop the day away at Cameron Village or Crabtree Valley Mall. Experience art in culture at the acclaimed North Carolina Museum of Art or a local gallery. Cheer on the Carolina Hurricanes at PNC Arena or the NC State Wolfpack at Carter-Finley Stadium. Catch a show at Raleigh Little Theatre, one of the oldest continuously operating community theatres in the country. Or simply kick back, relax, and enjoy the flavors of one of the 25+ breweries on the Raleigh Beer Trail.
Scenic outdoor recreation
With over 200 parks and thousands of acres of maintained parkland, Raleigh has more than earned its nicknames of “City of Oaks” and “City in a Park”. The city provides residents with dozens of unique features, like art centers, pools, recreation centers, lakes, nature preserves, dog parks, historic homes, trails, and more. Ride the carousel or take a swim at Pullen Park. Rent a paddle boat at Lake Johnson. Hike over 22 miles of trails at Umstead State Park. Escape the daily grind at Historic Yates Mill County Park. Or just get out on the water at Jordan Lake.
An active community calendar
There’s always something happening in Raleigh, any time of year. Seasonal celebrations, like First Night Raleigh or the St. Patrick’s Day Parade, bring thousands of visitors to the streets of Raleigh. The North Carolina State Fair is a fall favorite for foodies, entertainment seekers, farmers, students, adults, kids, and everyone in between. The Raleigh Flea Market has welcomed hundreds of vendors since 1971. And live music happens just about every day of the year in large arenas, smaller concert halls, and even local bars and restaurants.
A thriving job market
As if the entertainment in Raleigh wasn’t enough, the job market is also booming; for many years, Raleigh has enjoyed unemployment rates below the national average. Many of its largest industries include trade and transportation, government, professional services, education, health, and hospitality. Some of its major employers include national and international companies like IBM and SAS Institute, as well as major healthcare centers and universities, like Duke University and Health System, Wake County Public Schools, WakeMed Health, North Carolina State University, and UNC Rex Healthcare.
Linda Craft & Team: Your Raleigh Real Estate Experts
If Raleigh sounds like the perfect place to make your next home, we’d love to help! Contact Linda Craft & Team today to learn more about the area and buying a home in the Triangle… or to start your search! We look forward to meeting you.
This data was last updated on: 07/27/21 01:19 PM. A full data refresh was last performed on: 07/27/21 03:58 AM.