Raleigh, NC Housing
As of 2010-2014, median price of a house in Raleigh is $205,200, which is higher than the state average of $153,600 and is higher than the national average of $175,700. The Raleigh median house value has grown by 31.54% since 2000. The growth rate for the price of a house in Raleigh is lower than the state average rate of 41.83% and is lower than the national average rate of 46.91%. The median year that a house in Raleigh was built is 1991, which is newer than the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 88,511 Owner Occupied Houses in Raleigh, NC, #121Raleigh, NC | 205,200 USD |
North Carolina | 153,600 USD |
U.S. | 175,700 USD |
Raleigh, NC | 31.54% |
North Carolina | 41.83% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Raleigh, NC | North Carolina | U.S. | |
Total Housing Units | 182,734, see rank, 100% | 4,385,668 | 132,741,033 |
Occupied Housing Units | 166,316, 91.02%, see rank | 85.34% | 87.55% |
Owner Occupied | 88,511, 48.44%, see rank | 56.13% | 56.34% |
Renter Occupied | 77,805, 42.58%, see rank | 29.20% | 31.21% |
Vacant Housing Units | 16,418, 8.98%, see rank | 14.66% | 12.45% |
For Rent | 6,291, 3.44%, see rank | 2.65% | 2.34% |
For Sale Only | 2,015, 1.10%, see rank | 1.41% | 1.20% |
Rented or Sold, Not Occupied | 2,628, 1.44%, see rank | 0.78% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 767, 0.42%, see rank | 4.81% | 3.97% |
For Migrant Workers | 11, 0.01%, see rank | 0.03% | 0.03% |
Other Vacant | 4,706, 2.58%, see rank | 4.98% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #101Raleigh, NC | North Carolina | U.S. |
1991 | 1986 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Raleigh, NC | % | North Carolina | U.S. | |
Owner-Occupied Units | 88,511 | 100% | 2,461,741 | 74,787,460 |
With a Mortgage | 72,043 | 81.39%, see rank | 66.10% | 65.58% |
Without a Mortgage | 16,468 | 18.61%, see rank | 33.90% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Raleigh, NC | 1,449 USD |
North Carolina | 1,272 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Raleigh, NC | % | North Carolina | U.S. |
$299 or Less | 175 | 0.24%, see rank | 0.29% | 0.20% |
$300 to $499 | 592 | 0.82%, see rank | 2.34% | 1.59% |
$500 to $699 | 2,265 | 3.14%, see rank | 6.85% | 5.01% |
$700 to $999 | 8,218 | 11.41%, see rank | 20.33% | 14.32% |
$1,000 to $1,499 | 27,613 | 38.33%, see rank | 34.42% | 27.90% |
$1,500 to $1,999 | 16,793 | 23.31%, see rank | 18.69% | 20.35% |
$2,000 to $2,999 | 11,520 | 15.99%, see rank | 12.57% | 19.52% |
$3,000 or More | 4,867 | 6.76%, see rank | 4.51% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Raleigh, NC | 21.80% of the Total Income |
North Carolina | 22.60% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Raleigh, NC | % | North Carolina | U.S. | |
10% or Less | 4,939 | 6.86%, see rank | 6.41% | 5.86% |
10% to 20% | 26,694 | 37.05%, see rank | 34.98% | 31.95% |
20% to 30% | 20,067 | 27.85%, see rank | 27.06% | 27.64% |
30% to 40% | 9,147 | 12.70%, see rank | 12.56% | 13.74% |
40% or More | 10,922 | 15.16%, see rank | 18.39% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Raleigh, NC | 486 USD |
North Carolina | 373 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Raleigh, NC | % | North Carolina | U.S. |
$199 or Less | 452 | 2.74%, see rank | 10.23% | 7.76% |
$200 to $299 | 1,438 | 8.73%, see rank | 21.81% | 14.70% |
$300 to $499 | 6,859 | 41.65%, see rank | 41.59% | 34.63% |
$500 to $699 | 4,334 | 26.32%, see rank | 16.79% | 21.16% |
$700 or More | 3,385 | 20.56%, see rank | 9.58% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Raleigh, NC | 10.00% of the Total Income |
North Carolina | 11.90% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Raleigh, NC | % | North Carolina | U.S. | |
10% or Less | 8,576 | 52.08%, see rank | 41.92% | 40.19% |
10% to 20% | 4,524 | 27.47%, see rank | 31.16% | 31.47% |
20% to 30% | 1,583 | 9.61%, see rank | 12.06% | 12.24% |
30% to 40% | 740 | 4.49%, see rank | 5.28% | 5.64% |
40% or More | 945 | 5.74%, see rank | 8.16% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Raleigh, NC | North Carolina | U.S. | |
Total Housing Units | 182,734, 100% | 4,385,668 | 132,741,033 |
1-unit, Detached | 86,299, 47.23%, see rank | 65.33% | 61.65% |
1-unit, Attached | 24,283, 13.29%, see rank | 3.82% | 5.82% |
2 Units | 3,706, 2.03%, see rank | 2.14% | 3.75% |
3 or 4 Units | 8,699, 4.76%, see rank | 2.74% | 4.43% |
5 to 9 Units | 15,963, 8.74%, see rank | 4.44% | 4.78% |
10 or More Units | 41,561, 22.74%, see rank | 7.98% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 2,223, 1.22%, see rank | 13.55% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Raleigh, NC | North Carolina | U.S. | |
Total Housing Units | 182,734, 100% | 4,385,668 | 132,741,033 |
1 Room | 3,797, 2.08%, see rank | 1.18% | 1.95% |
2 Rooms | 4,987, 2.73%, see rank | 1.51% | 2.48% |
3 Rooms | 21,170, 11.59%, see rank | 6.93% | 9.13% |
4 Rooms | 36,673, 20.07%, see rank | 17.44% | 16.60% |
5 Rooms | 34,425, 18.84%, see rank | 23.63% | 20.41% |
6 Rooms | 25,978, 14.22%, see rank | 18.81% | 18.06% |
7 Rooms | 20,365, 11.14%, see rank | 12.36% | 12.27% |
8 Rooms | 14,068, 7.70%, see rank | 8.08% | 8.48% |
9 Rooms or More | 21,271, 11.64%, see rank | 10.08% | 10.60% |
Median Rooms | 5.20, see rank | 5.50 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Raleigh, NC | North Carolina | U.S. | |
Total Housing Units | 182,734, 100% | 4,385,668 | 132,741,033 |
No Bedroom | 4,104, 2.25%, see rank | 1.26% | 2.17% |
1 Bedroom | 23,543, 12.88%, see rank | 6.61% | 11.16% |
2 Bedrooms | 53,319, 29.18%, see rank | 26.47% | 26.69% |
3 Bedrooms | 65,601, 35.90%, see rank | 47.54% | 39.70% |
4 Bedrooms | 28,804, 15.76%, see rank | 14.55% | 16.05% |
5 or More Bedrooms | 7,363, 4.03%, see rank | 3.57% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Raleigh, NC | North Carolina | U.S. | |
Total Housing Units | 166,316, 100% | 3,742,514 | 116,211,092 |
Utility Gas | 75,072, 45.14%, see rank | 24.68% | 48.85% |
Bottled, Tank, or LP Gas | 2,097, 1.26%, see rank | 8.00% | 4.86% |
Electricity | 87,881, 52.84%, see rank | 60.27% | 36.68% |
Fuel Oil, Kerosene, etc. | 644, 0.39%, see rank | 4.34% | 5.86% |
Coal or Coke | 22, 0.01%, see rank | 0.01% | 0.12% |
Wood | 253, 0.15%, see rank | 2.17% | 2.12% |
Solar Energy | 13, 0.01%, see rank | 0.03% | 0.05% |
Other Fuel | 52, 0.03%, see rank | 0.15% | 0.47% |
No Fuel Used | 282, 0.17%, see rank | 0.35% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Raleigh, NC | North Carolina | U.S. |
Occupied Units Paying Rent | 76,359, 100% | 1,186,631 | 39,201,928 |
$199 or Less | 579, 0.76%, see rank | 1.77% | 1.50% |
$200 to $299 | 1,131, 1.48%, see rank | 3.01% | 3.18% |
$300 to $499 | 2,361, 3.09%, see rank | 9.02% | 7.37% |
$500 to $699 | 9,058, 11.86%, see rank | 23.78% | 16.01% |
$700 to $999 | 34,411, 45.06%, see rank | 35.90% | 29.17% |
$1,000 to $1,499 | 22,882, 29.97%, see rank | 21.06% | 26.88% |
$1,500 to $1,999 | 4,233, 5.54%, see rank | 3.82% | 9.79% |
$2,000 or More | 1,704, 2.23%, see rank | 1.64% | 6.10% |
Median | $914, see rank | $790 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Raleigh, NC | North Carolina | U.S. | |
Occupied Housing Units | 166,316, 100% | 3,742,514 | 116,211,092 |
No Vehicles Available | 10,478, 6.30%, see rank | 6.54% | 9.12% |
1 Vehicles Available | 68,727, 41.32%, see rank | 32.77% | 33.80% |
2 Vehicles Available | 63,874, 38.41%, see rank | 38.61% | 37.48% |
3 or More Vehicles Available | 23,237, 13.97%, see rank | 22.08% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.