2618 Addlet Dr · Raleigh, NC
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $906 – $1,684
Heat risk 6/10 · Moderate
- Hot days now (above 105°F)
- 6 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 57.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +9.9/15.0
- Schools +5.9/10.0
- Cash flow +5.2/30.0
- Condition / age +5.0/5.0
- Livability +4.2/5.0
- Rent growth +2.6/5.0
- 1% rule +1.4/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$283,990
2618 Addlet Dr · Raleigh, NC 27610
3 bd · 2.5 ba · 1,451 sqft · Townhouse
· 116 Days on market
Built 2026
1,306 sqft lot
$196/sqft
· 5% below area
Est $300k · 5% under
$120/mo HOA · 7% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Have you ever wanted to personalize your own home? Now you can! The Biltmore Community gives you the opportunity to tailor your space while enjoying stylish, low-maintenance living in this thoughtfully designed 3-bedroom, 2.5-bath town home offering 1,451 sq. ft. of functional, modern comfort. The open main-level layout creates a seamless flow between the living area and a beautifully appointed kitchen--perfect for relaxed evenings at home or hosting guests with ease. Upstairs, each bedroom features comfortable proportions and abundant natural light, creating warm, inviting retreats.
Key facts
- Nearby green-ways
- Parks
- Walking trails
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath townhouse listed at $284k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-644 ($-8k/yr) — negative.
- To cash-flow at today's rent, offer at most $191k (32.8% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $182k (35.9% below list).
- Recommended offer: $182k (35.9% below list) — sets the bar for 1% rule.
- Cap rate 3.6% vs local median 2.8% in Raleigh — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 83/100 on livability (#10 in NC, #1,028 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
- Wake County Schools (suburban): math 52% / reading 60% proficiency, ranked #35 of 178 in NC (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: West Lake Elementary (math 58% / reading 65%, grade B, #193 of 1,410 statewide, top 14%, 611 students, 31% FRL); West Lake Middle (math 47% / reading 56%, grade C, #103 of 475 statewide, top 22%, 877 students, 40% FRL); Wake Forest High School (math 61% / reading 71%, grade B, #154 of 535 statewide, top 29%, 2,101 students, 27% FRL) — zoned schools at 33% FRL track the district average.
- Market conditions: Rents flat; 922 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 83d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 15,249 units permitted in Wake County in 2024 (5,568 in 5+ unit buildings).
- This rent runs 32% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Wake County population projected at +51% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 116 days — a 9% lower offer ($258k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 57% chance of damaging wind over 30y; extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$182,119
(35.9% below list)
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 116 days. Have you received any prior offers? Is the seller open to a 36% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.64% ✗
- Cap rate
- 3.57%
- Cash-on-cash
- -9.72%
- DSCR
- 0.57
- GRM
- 13.0
CMA / ARV
- ARV (median comp)
- $300,000
- List price
- $283,990
- Delta
- -5.34%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 567 Hacksaw Trl | 0.38mi | 3/2.5 | 1,526 (+5%) | 4mo | $300,000 | $197 | 70 |
| 750 Maypearl Ln | 0.34mi | 4/3.0 (+1) | 1,531 (+6%) | 5mo | $285,000 | $186 | 64 |
| 441 Hacksaw Trl | 0.39mi | 3/2.5 | 1,384 (-5%) | 13mo | $285,000 | $206 | 63 |
| 535 Hacksaw Trl | 0.38mi | 3/2.5 | 1,408 (-3%) | 22mo | $287,500 | $204 | 59 |
| 3028 Spline Cir | 0.50mi | 3/2.5 | 1,353 (-7%) | 11mo | $272,500 | $201 | 57 |
| 534 Hacksaw Trl | 0.40mi | 2/2.5 (-1) | 1,326 (-9%) | 14mo | $295,000 | $222 | 50 |
| 313 Hacksaw Trl | 0.44mi | 2/2.5 (-1) | 1,264 (-13%) | 11mo | $270,000 | $214 | 44 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.2% rent growth · sell at horizon
5-year hold
- IRR
- -37.0%
- Equity multiple
- -0.16×
- Total profit
- $-91,916
- Equity at exit
- $42,344
10-year hold
- IRR
- -76.1%
- Equity multiple
- -0.91×
- Total profit
- $-151,796
- Equity at exit
- $24,554
Cash invested: $79,517 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 85 Strongly Landlord-Friendly
- State North Carolina
- 85 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
10-day notice; preempted; landlord-favorable but court speed varies.
Buyer's market
Market conditions
within 1.0 mi — comparable homes for sale
Active competition Active MLS
- For sale now
- 33 active · 24 under contract
- Months of supply
- 10.4 mo (10%/mo absorbed)
- Median asking
- $290,000 ($189/sqft)
- Median days on market
- 56 d
- This list price
- 30% of active listings are priced below it
- ARV vs active asking
- +9.4% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 27610
- Rents YoY
- 0.2%
- Active inventory
- 922
- Price-to-rent
- 13.0×
Monthly cashflow live
↻
- Estimated rent
- $1,821 high interval (Pro) →
- Mortgage (P&I)
- −$1,489
- Tax est. 1.5%
- −$355 /mo · $4,260/yr
- Insurance
- −$118
- HOA
- −$120
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$382
- Net cashflow
- $-644
Break-even live
Break-even rent
$2,636
Max offer price
$190,824
Occupancy floor
—
Sensitivity live
| Price | -10% $-448 | -5% $-546 | +0% $-644 | +5% $-742 | +10% $-840 |
|---|---|---|---|---|---|
| Rent | -10% $-788 | -5% $-716 | +0% $-644 | +5% $-572 | +10% $-500 |
| Rate | -1.0pp $-501 | -0.5pp $-572 | base $-644 | +0.5pp $-717 | +1.0pp $-792 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $70,998
- Closing costs
- $8,520
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 443 Como Dr Raleigh, NC | 3.0 | 2.5 | 1437 | $1,950 | $1.36 | 5d | 1 | 0.04mi |
| 605 Hilltop Dr Raleigh, NC | 2.0 | 1.0 | 960 | $1,295 | $1.35 | 86d | 1 | 0.18mi |
| 619 Hilltop Dr Raleigh, NC | 2.0 | 1.0 | 960 | $1,295 | $1.35 | 119d | 1 | 0.18mi |
| 623 Hilltop Dr Raleigh, NC | 2.0 | 1.0 | 960 | $1,295 | $1.35 | 119d | 1 | 0.18mi |
| 523 Hilltop Dr Raleigh, NC | 4.0 | 3.0 | 1532 | $1,800 | $1.17 | 110d | 1 | 0.18mi |
| 635 Hilltop Dr Raleigh, NC | 2.0 | 1.0 | 960 | $1,295 | $1.35 | 63d | 1 | 0.20mi |
| 608 Hilltop Dr Raleigh, NC | 2.0 | 1.0 | 960 | $1,300 | $1.35 | 5d | 1 | 0.20mi |
| 606 Hilltop Dr Raleigh, NC | 2.0 | 1.0 | 960 | $1,300 | $1.35 | 10d | 1 | 0.20mi |
| 511 Bradkin Ct Raleigh, NC | 3.0 | 3.5 | 1352 | $1,745 | $1.29 | 4d | 1 | 0.28mi |
| 531 Bradkin Ct Raleigh, NC | 3.0 | 2.5 | 1352 | $1,500 | $1.11 | 119d | 1 | 0.31mi |
| 2920 Boone Trl Raleigh, NC | 2.0 | 1.5 | 960 | $1,400 | $1.46 | 10d | 1 | 0.34mi |
| 731 Maypearl Ln Raleigh, NC | 4.0 | 3.0 | 1502 | $1,800 | $1.20 | 100d | 1 | 0.35mi |
| 3005 Bluegrove Rd Unit 1 Raleigh, NC | 4.0 | 3.0 | 1532 | $1,695 | $1.11 | 10d | 1 | 0.36mi |
| 3102 Bomore Rd Raleigh, NC | 3.0 | 3.5 | 1736 | $2,100 | $1.21 | 112d | 1 | 0.40mi |
| 3104 Bomore Rd Raleigh, NC | 2.0 | 2.5 | 1736 | $1,900 | $1.09 | 112d | 1 | 0.41mi |
| 821 Skinner Dr Raleigh, NC | 3.0 | 2.0 | 1126 | $1,790 | $1.59 | 98d | 1 | 0.42mi |
| 3118 Garner Rd Unit 1 Raleigh, NC | 3.0 | 2.5 | 1330 | $1,845 | $1.39 | 119d | 1 | 0.43mi |
| 815 Freston Rd Raleigh, NC | 3.0 | 3.5 | 1720 | $2,095 | $1.22 | 10d | 1 | 0.43mi |
| 426 Hacksaw Trl Raleigh, NC | 3.0 | 2.5 | 1330 | $1,900 | $1.43 | 119d | 1 | 0.45mi |
| 3096 Spline Cir Raleigh, NC | 3.0 | 2.5 | 1324 | $1,745 | $1.32 | 10d | 1 | 0.47mi |
| 3002 Spline Cir Raleigh, NC | 3.0 | 2.5 | 1504 | $1,850 | $1.23 | 10d | 1 | 0.49mi |
| 904 Formby Way Raleigh, NC | 3.0 | 3.5 | 1750 | $1,850 | $1.06 | 5d | 1 | 0.51mi |
| 913 Skinner Dr Raleigh, NC | 2.0 | 2.0 | 1051 | $1,000 | $0.95 | 93d | 1 | 0.53mi |
| 3052 Spline Cir Raleigh, NC | 3.0 | 2.5 | 1350 | $1,875 | $1.39 | 119d | 1 | 0.53mi |
| 3326 Bomore Rd Raleigh, NC | 2.0 | 3.0 | 1725 | $1,795 | $1.04 | 106d | 1 | 0.53mi |
| 3326 Bomore Rd Raleigh, NC | 2.0 | 3.0 | 1725 | $1,795 | $1.04 | 119d | 1 | 0.53mi |
| 819 Hadley Rd Raleigh, NC | 3.0 | 1.0 | 975 | $1,350 | $1.38 | 82d | 1 | 0.56mi |
| 211 Hammond Center Dr Raleigh, NC | 2.0 | 1.0–2.0 | 968 | $2,315 | $2.39 | 0d | 39 | 0.56mi |
| 852 Hadley Rd Raleigh, NC | 3.0 | 1.5 | 975 | $1,750 | $1.79 | 10d | 1 | 0.60mi |
| 1117 Aaron Dr Raleigh, NC | 3.0 | 2.0 | 1158 | $1,680 | $1.45 | 2d | 1 | 0.66mi |
| 1100 Savannah Dr Raleigh, NC | 4.0 | 2.5 | 1200 | $1,800 | $1.50 | 88d | 1 | 0.70mi |
| 2731 Knowles St Raleigh, NC | 3.0 | 1.0 | 1012 | $1,495 | $1.48 | 110d | 1 | 0.70mi |
| 2509 Evers Dr Raleigh, NC | 3.0 | 2.0 | 1200 | $1,750 | $1.46 | 6d | 1 | 0.80mi |
| 211 Hammond Rd Raleigh, NC | 2.0 | 2.0 | 1142 | $1,760 | $1.54 | 0d | 1 | 0.80mi |
| 1213 Seabrook Rd Raleigh, NC | 3.0 | 1.5 | 1180 | $1,480 | $1.25 | 10d | 1 | 0.82mi |
| 217 Pecan Rd Unit Labs Raleigh, NC | 3.0 | 2.0 | 1150 | $1,445 | $1.26 | 67d | 1 | 0.88mi |
| 1109 Ujamaa Dr Raleigh, NC | 3.0 | 2.0 | 1263 | $1,680 | $1.33 | 0d | 1 | 0.90mi |
| 860 Darby St Raleigh, NC | 3.0 | 2.0 | 1045 | $1,650 | $1.58 | 86d | 1 | 0.94mi |
| 1120 Ujamaa Dr Raleigh, NC | 3.0 | 2.0 | 1286 | $1,850 | $1.44 | 10d | 1 | 0.94mi |
| 242 Pecan Rd Raleigh, NC | 3.0 | 2.0 | 1700 | $1,945 | $1.14 | 117d | 1 | 0.95mi |
Property features AI
Finance
- HOA & community
- HOA: PPM Inc.HOA dues $120 monthlyHOA covers grounds maintenance
Exterior
- Parking
- No open parking
- Utilities
- Public waterPublic sewer
- Home design
- TownhouseTwo levelsSite-built construction
- Construction
- Fiber cement exteriorArchitectural shingle roofSlab foundationBuilt as a townhouse (site built)
- Exterior features
- PatioStreet lights in the communityPublic maintained road
Interior
- Kitchen
- DishwasherGarbage disposalElectric rangeStainless steel appliancesENERGY STAR qualified appliances
- Bedrooms
- 3 bedrooms
- Flooring
- CarpetLuxury vinyl
- Bathrooms
- 2 full bathrooms1 half bathroom
- Heating & cooling
- Zoned heatingDual and zoned cooling
- Interior features
- Granite countersPantryBathtub/shower combinationShower onlySmart thermostatSmooth ceilingsStorageWalk-in closet(s)WaterSense fixturesENERGY STAR qualified windowsLow-emissivity windows
- Laundry & utility
- Washer hookup (main level)Electric dryer hookupElectric water heater
Listing history 50 events
-
2026-08-28days on market $283,990 Active 116 DOM
-
2026-08-27days on market $283,990 Active 115 DOM
-
2026-08-26days on market $283,990 Active 114 DOM
-
2026-08-25days on market $283,990 Active 113 DOM
-
2026-08-24days on market $283,990 Active 112 DOM
-
2026-08-23days on market $283,990 Active 111 DOM
-
2026-08-22days on market $283,990 Active 110 DOM
-
2026-08-21pricedays on market $283,990 Active 109 DOM
-
2026-08-20days on market $293,990 Active 108 DOM
-
2026-08-19days on market $293,990 Active 107 DOM
-
2026-08-18days on market $293,990 Active 106 DOM
-
2026-08-17days on market $293,990 Active 105 DOM
-
2026-08-16days on market $293,990 Active 104 DOM
-
2026-08-15days on market $293,990 Active 103 DOM
-
2026-08-14days on market $293,990 Active 102 DOM
-
2026-08-13days on market $293,990 Active 101 DOM
-
2026-08-12days on market $293,990 Active 100 DOM
-
2026-08-11days on market $293,990 Active 99 DOM
-
2026-08-10days on market $293,990 Active 98 DOM
-
2026-08-09days on market $293,990 Active 97 DOM
-
2026-08-08days on market $293,990 Active 96 DOM
-
2026-08-07days on market $293,990 Active 95 DOM
-
2026-08-06days on market $293,990 Active 94 DOM
-
2026-08-05days on market $293,990 Active 93 DOM
-
2026-08-03days on market $293,990 Active 91 DOM
-
2026-07-31days on market $293,990 Active 88 DOM
-
2026-07-30days on market $293,990 Active 86 DOM
-
2026-07-28days on market $293,990 Active 85 DOM
-
2026-07-26days on market $293,990 Active 83 DOM
-
2026-07-24days on market $293,990 Active 81 DOM
-
2026-07-23days on market $293,990 Active 80 DOM
-
2026-07-22days on market $293,990 Active 79 DOM
-
2026-07-21days on market $293,990 Active 78 DOM
-
2026-07-20days on market $293,990 Active 77 DOM
-
2026-07-18days on market $293,990 Active 75 DOM
-
2026-07-18days on market $293,990 Active 74 DOM
-
2026-07-16days on market $293,990 Active 73 DOM
-
2026-07-15days on market $293,990 Active 72 DOM
-
2026-07-14days on market $293,990 Active 71 DOM
-
2026-07-13days on market $293,990 Active 70 DOM
-
2026-07-13days on market $293,990 Active 69 DOM
-
2026-07-11days on market $293,990 Active 68 DOM
-
2026-07-10days on market $293,990 Active 67 DOM
-
2026-07-09days on market $293,990 Active 66 DOM
-
2026-07-07days on market $293,990 Active 64 DOM
-
2026-07-06days on market $293,990 Active 63 DOM
-
2026-07-03days on market $293,990 Active 60 DOM
-
2026-07-02days on market $293,990 Active 59 DOM
-
2026-07-01days on market $293,990 Active 58 DOM
-
2026-06-30days on market $293,990 Active 57 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 6/10 Major 6 d/yr ≥105°F today · 15 d/yr by 30 yrs out
- Wind 6/10 Major 57% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $21,854
- − Mortgage interest
- −$15,908
- − Property taxes
- −$4,260
- − Insurance
- −$1,420
- − Repairs & maintenance
- −$1,748
- − Management
- −$1,748
- − HOA
- −$1,440
- − Depreciation
- −$8,262
- Taxable loss
- −$12,932
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$3,104
- After-tax cash flow
- $-4,623/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 4 photos
100/100
None rehab
This move-in-ready townhome in the Biltmore community offers modern comfort and style with no immediate repairs or maintenance needed.
Value-add opportunities
- Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhances curb appeal and adds value ↑
- Both New flooring in bathrooms — Improves functionality and aesthetics ↑
- Both New kitchen appliances — Enhances functionality and aesthetics ↑
D
Composite school gradezoned avg 59/100
Zoned Schools
Elementary
West Lake Elementary
B
NC #193/1,410
Nat'l #6,818/41,679
Middle
West Lake Middle
C
NC #103/475
Nat'l #3,192/14,009
High
Middle Creek High
B-
NC #173/535
Nat'l #3,064/17,239
Schools (NCES district)
- District
- Wake County Schools
- NCES district ID
- 3704720
- Math proficiency
- 52% ▲ 2.00%
- Reading proficiency
- 60% ▲ 4.00%
- Median HH income
- $67,509
- Composite
- 49.41/100
- National rank
- #2010
- State rank
- #35 of 178 in NC
A
Composite livability gradescore 83/100
Livability — Raleigh
- Score
- 83/100
- State rank
- #10
- US rank
- #1028
Category grades
Amenities A+
Commute A+
Cost of living C+
Crime F
Employment B
Housing A+
Health & safety A+
User ratings D
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Raleigh, NC
- County
- Wake County · 1,293,152 people
- City population
- 569,344
- Metro
- Raleigh-Cary, NC
- Population (ZIP)
- 81,419
- Household income
- $67,932
- Rent vs Own
- Severe rent burden
- 16% of renters
Population outlook (Wake County) Hauer SSP2
- Today (2025)
- 1,293,152 people
- By 2030
- 1,428,223 · +10.4%
- By 2040
- 1,698,188 · +31.3%
- By 2050
- 1,955,807 · +51.2%
- By 2075
- 2,520,273 · +94.9%
- By 2100
- 2,893,335 · +123.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- Black 59% Hispanic / Latino 20% White 15% Two or more races 8% Asian 1%
- Hispanic origin (detail)
- Mexican 10% Puerto Rican 1% Dominican 1%
- Common ancestry
- Lithuanian 1% Slovak 1% Serbian 1%
- Foreign-born
- 14% · Canada
- Languages at home
- 77% English-only · Spanish 18% Arabic 1% French/Haitian/Cajun 1%
Political lean MEDSL · Wake
- 2024 margin
- Strong D (+25.5) · D 61.9% · R 36.4% · Other 1.7%
- 2008→2024 swing
- +11.1pp toward D · 2008: 14.4pp · 2024: 25.5pp
- All cycles
- 2024: D+25.5 2020: D+26.4 2016: D+20.5 2012: D+10.2 2008: D+14.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -131.88%
- Current HPI
- 237.704
- Rent YoY
- ▲ 0.20%
- Metro
- Raleigh-Cary, NC
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 26
Industry mix (Fortune 500 HQ in NC)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 2 | $213B |
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| Retail | 2 | $95B |
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| Industrial Conglomerate | 1 | $38B |
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| Metals / Steel | 1 | $35B |
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| Utilities | 1 | $30B |
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| Industrial Machinery | 1 | $19B |
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Price history
+0.3% since first listed2 events — show timeline
- 2026-06-04 Price Changed $293,990 TMLS
- 2026-05-01 Listed $292,990 TMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…