Raleigh’s real estate market has been difficult for buyers to crack for the last few years, but now, prices are inching downward. The median home value in Raleigh has dropped 1% year-over-year—which may not seem like a lot, but it’s a significant change from the rapid appreciation we saw from 2020 to 2022.
If you’re looking for a good deal on a home in Raleigh, this list is for you. These homes have all had their prices cut recently—so if you love one of them, you can get it at a discount. Check them out:
10 Recently Reduced-Price Homes for Sale Now in Raleigh
1. 425 Alston St, Raleigh, NC 27601 – $̶1̶,̶2̶0̶0̶,̶0̶0̶0̶ $1,100,000
Reduced by $100,000
4 bedrooms, 4.5 bathrooms, 2,947 square feet
Listed by Sylvain Dufour • Keller Williams Realty
TMLS #2510324
2. 407 Camden St, Raleigh, NC 27601 – $̶7̶1̶9̶,̶9̶0̶0̶ $709,000
Reduced by $10,000
3 bedrooms, 2.5 bathrooms, 1,850 square feet
Listed by Peter Kima • Real Broker, LLC
TMLS #2520052
3. 2138 Pine Dr, Raleigh, NC 27608 – $̶2̶,̶4̶0̶0̶,̶0̶0̶0̶ $2,160,000
Reduced by $240,000
6 bedrooms, 5 bathrooms, 5,635 square feet
Listed by Sandy English • English Realty Group, LLC
TMLS #2511735
4. 7012 North Ridge Drive, Raleigh, NC 27615 – $̶1̶,̶7̶0̶0̶,̶0̶0̶0̶ $1,500,000
Reduced by $200,000
5 bedrooms, 5.5 bathrooms, 6,500 square feet
Listed by Alan Murray • Berkshire Hathaway HomeServices YSU
TMLS #2518787
5. 12913 Grey Willow Dr, Raleigh, NC 27613 – $̶1̶,̶1̶3̶5̶,̶0̶0̶0̶ $1,085,000
Reduced by $50,000
5 bedrooms, 4 bathrooms, 3,760 square feet
Listed by Chianne Capel • Shenandoah Real Estate, LLC
Listed by Denise Wildblood • Shenandoah Real Estate, LLC
TMLS #2513146
6. 1320 Diehl Street, Raleigh, NC 27608 – $̶9̶2̶5̶,̶0̶0̶0̶ $895,000
Reduced by $30,000
3 bedrooms, 3 bathrooms, 2,575 square feet
Listed by Anna Ball Hodge • Hodge & Kittrell Sotheby’s International Realty
TMLS #2518696
7. 1416 Hickory Grove Church Road Raleigh, NC 27613 – $̶7̶1̶0̶,̶0̶0̶0̶ $699,900
Reduced by $10,100
4 bedrooms, 2.5 bathrooms, 3,368 square feet
Listed by Brette Davis • eXp Realty, LLC
TMLS #2514978
8. 301 Drummond Drive, Raleigh, NC 27609 – $̶2̶,̶9̶9̶5̶,̶0̶0̶0̶ $2,925,000
Reduced by $70,000
3 bedrooms, 4 bathrooms, 5,091 square feet
Listed by Gilliam Kittrell • Hodge & Kittrell Sotheby’s International Realty
TMLS #2511754
9. 4600 Joyner Place, Raleigh, NC 27612 – $̶9̶1̶5̶,̶0̶0̶0̶ $850,000
Reduced by $65,000
5 bedrooms, 4 bathrooms, 4,213 square feet
Listed by Cari Watson • Relevate Real Estate Inc.
Listed by Stephanie Guminey • Relevate Real Estate Inc.
TMLS #2512907
10. 616 E Cabarrus Street, Raleigh, NC 27601 – $̶1̶,̶0̶9̶0̶,̶0̶0̶0̶ $975,000
Reduced by $115,000
4 bedrooms, 3 bathrooms, 2,577 square feet
Listed by Michelle Keaton-Barrow • Keaton Barrow Realty
TMLS #2485258
Didn’t find exactly what you’re looking for? See more recently reduced-price homes for sale now in Raleigh.
Spotted Your Dream Home?
Whether you found the perfect house on this list or you’re looking for something a little different, let us know. The Coley Group is your team for Triangle real estate, and we’re different because we listen. Whatever home you’re dreaming of, we’ll find it, and we’ll help you make it yours. Fill out the form below to get started.
All listings provided courtesy of TMLS. Last updated on July 21, 2023 at 3:20PM.