In March 2019, there were 714 homes sold, with a median sale price of $267,250 - a 15.2% increase over the $232,000 median sale price for the same period of the previous year. There were three homes sold in Raleigh in March 2018.
The median sales tax in Raleigh for the most recent year with available data, 2016, was $2,103, approximately 0.8% of the median home sale price for March 2019.
The following table compares Raleigh to other Wake County cities with similar median sales prices in March 2019:
City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Holly Springs | 81 | 0 | - | $315,000 | $0 | - |
Wake Forest | 124 | 0 | - | $294,500 | $0 | - |
Fuquay-Varina | 70 | 0 | - | $276,500 | $0 | - |
Angier | 1 | 0 | - | $275,000 | $0 | - |
Morrisville | 27 | 0 | - | $275,000 | $0 | - |
Raleigh | 714 | 3 | 23700% | $267,250 | $232,000 | 15.2% |
Durham | 1 | 0 | - | $262,500 | $0 | - |
Barclay Downs | 2 | 0 | - | $248,750 | $0 | - |
Willow Springs | 12 | 0 | - | $246,750 | $0 | - |
Castlebrook Estates | 2 | 0 | - | $235,000 | $0 | - |
Pine Hurst Park | 1 | 0 | - | $233,000 | $0 | - |