Cities with the most expensive homes in the Raleigh metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Raleigh metro area using data from . Charts show the monthly typical home value since January 2018. All 25 cities and towns with data available were included in the list.

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1 / 25

#25. Newton Grove, NC

- Typical home value: $171,653
- 1-year price change: +8.3%
- 5-year price change: +39.0%

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2 / 25

#24. Bunn, NC

- Typical home value: $254,163
- 1-year price change: +0.7%
- 5-year price change: +26.8%

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3 / 25

#23. Kenly, NC

- Typical home value: $255,565
- 1-year price change: +2.3%
- 5-year price change: +31.6%

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4 / 25

#22. Princeton, NC

- Typical home value: $273,151
- 1-year price change: +3.3%
- 5-year price change: +29.8%

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5 / 25

#21. Selma, NC

- Typical home value: $273,345
- 1-year price change: +0.6%
- 5-year price change: +18.7%

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6 / 25

#20. Wilsons Mills, NC

- Typical home value: $274,508
- 1-year price change: -2.4%
- 5-year price change: +22.3%

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7 / 25

#19. Smithfield, NC

- Typical home value: $290,708
- 1-year price change: -0.3%
- 5-year price change: +22.5%

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8 / 25

#18. Louisburg, NC

- Typical home value: $307,200
- 1-year price change: +0.5%
- 5-year price change: +27.9%

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9 / 25

#17. Four Oaks, NC

- Typical home value: $308,872
- 1-year price change: +1.6%
- 5-year price change: +26.6%

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10 / 25

#16. Benson, NC

- Typical home value: $316,859
- 1-year price change: +1.1%
- 5-year price change: +24.7%

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11 / 25

#15. Zebulon, NC

- Typical home value: $340,654
- 1-year price change: -0.4%
- 5-year price change: +18.4%

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12 / 25

#14. Franklinton, NC

- Typical home value: $354,014
- 1-year price change: -0.4%
- 5-year price change: +25.7%

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13 / 25

#13. Clayton, NC

- Typical home value: $361,047
- 1-year price change: -1.4%
- 5-year price change: +17.5%

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14 / 25

#12. Knightdale, NC

- Typical home value: $363,989
- 1-year price change: -1.9%
- 5-year price change: +16.0%

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15 / 25

#11. Wendell, NC

- Typical home value: $367,247
- 1-year price change: -1.2%
- 5-year price change: +18.6%

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16 / 25

#10. Garner, NC

- Typical home value: $380,170
- 1-year price change: -1.8%
- 5-year price change: +17.9%

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17 / 25

#9. Willow Spring, NC

- Typical home value: $404,084
- 1-year price change: -0.6%
- 5-year price change: +21.7%

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18 / 25

#8. Youngsville, NC

- Typical home value: $405,182
- 1-year price change: -0.8%
- 5-year price change: +23.3%

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19 / 25

#7. Raleigh, NC

- Typical home value: $428,671
- 1-year price change: -1.7%
- 5-year price change: +17.5%

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20 / 25

#6. Morrisville, NC

- Typical home value: $470,563
- 1-year price change: -4.8%
- 5-year price change: data not available

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21 / 25

#5. Rolesville, NC

- Typical home value: $493,311
- 1-year price change: -1.2%
- 5-year price change: +20.2%

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22 / 25

#4. Wake Forest, NC

- Typical home value: $507,240
- 1-year price change: -1.0%
- 5-year price change: +20.8%

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23 / 25

#3. Holly Springs, NC

- Typical home value: $574,699
- 1-year price change: -0.8%
- 5-year price change: +26.4%

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24 / 25

#2. Apex, NC

- Typical home value: $592,991
- 1-year price change: -1.7%
- 5-year price change: +27.1%

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25 / 25

#1. Cary, NC

- Typical home value: $619,636
- 1-year price change: -1.4%
- 5-year price change: +29.1%

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