Raleigh has long been a city of opportunity, but in recent years, it’s also become a destination for some of the nation’s most successful individuals. With a surge in high-net-worth residents relocating from major metropolitan hubs, Raleigh is quickly solidifying its status as one of the Southeast’s premier markets for luxury living.

From industry leaders like James Goodnight of SAS and Tim Sweeney of Epic Games to professionals seeking a refined, balanced lifestyle, Raleigh’s unique combination of economic opportunity, cultural sophistication, and natural beauty continues to draw new attention. And with over 150 home sales exceeding $3 million since 2021—compared to just 15 between 2017 and 2021—the city’s luxury real estate market is booming.

Here’s a closer look at the neighborhoods that define Raleigh’s elite lifestyle—and why more affluent buyers are choosing to call them home.

Inside the Beltline: The Historic Heart of Luxury

Often referred to as “ITB”, this iconic area offers a seamless blend of Southern tradition and modern elegance. Just minutes from downtown Raleigh, it encompasses some of the most architecturally stunning and historically significant homes in the city.

Country Club Hills

A long-standing symbol of prestige, this neighborhood features homes ranging from 3,000 to over 10,000 square feet. New developments like River by Lloyd Builders are pushing the boundaries of ultra-luxury, with homes priced from $6 million to $11 million. Architectural diversity—from brick colonials to sleek modern estates—adds to the neighborhood’s distinct appeal.

Drury Hills

This quiet, wooded enclave is known for privacy and understated sophistication. With homes averaging around 4,000 square feet and a median price of $1.7 million, Drury Hills offers spacious living with close proximity to Five Points, North Hills, and Raleigh’s cultural districts.

Budleigh

A timeless neighborhood with tree-lined streets, Budleigh combines historic charm with modern updates. Homes range from 2,000 to 7,000 square feet, averaging around $1.6 million. The neighborhood’s larger lots, top-rated schools, and proximity to downtown make it a top choice for families and professionals alike.

North Hills: Midtown Sophistication with Urban Energy

Often described as Raleigh’s Midtown, North Hills has quickly emerged as a hub for modern luxury living. Its mix of townhomes, custom single-family homes, and new construction caters to those who want to be at the center of it all.

This walkable district is home to upscale shopping, chef-driven dining, and lively events—from rooftop concerts to farmers markets. With spacious homes averaging around 3,500 square feet, North Hills offers a dynamic lifestyle paired with top-tier convenience.

North Raleigh: Estate Living with a Sense of Escape

North Raleigh delivers on scale, privacy, and exclusivity. Homes here sit on expansive lots, often within gated or golf-course communities, offering a sense of retreat just minutes from the city.

Northridge

A classic Raleigh neighborhood centered around Northridge Country Club, this area blends traditional charm with modern luxury. Two 18-hole golf courses, tennis facilities, and an active social scene create a resort-like feel. Homes average 4,500 square feet and offer proximity to top schools and shopping centers.

Southern Hills Estates

For those who prioritize scale and seclusion, this neighborhood delivers. Homes average 10,000 square feet and are often equipped with custom amenities like private gyms and home theaters. Large lots and mature landscaping create an atmosphere of privacy and grandeur.

Beyond Raleigh: Elegant Retreats in Cary and Wake County

McGregor Downs (Cary)

Known for its Southern charm and country club elegance, McGregor Downs is a well-established favorite among affluent residents. With homes starting around 4,000 square feet and prices averaging $1.7 million, it’s prized for its manicured streets, recreational amenities, and proximity to major highways.

Avalaire

This newer luxury development offers cutting-edge design and modern layouts. Homes range from 5,000 to 8,000 square feet and sit on wooded lots that provide natural serenity. With access to Falls Lake and top-rated schools, Avalaire strikes a balance between luxury and lifestyle.

Shadow Creek Estates

Perhaps the most exclusive enclave in the region, Shadow Creek Estates features just 31 custom-built homes developed by Lloyd Builders. With homes ranging from 4,500 to over 14,000 square feet and prices starting at $4.7 million, this neighborhood redefines ultra-luxury with bold architecture and unmatched privacy.

Coming soon: Ravier, a new development by Lloyd Builders, will bring ultra-luxury homes ranging from $6 million to $11 million just minutes from North Hills.

Why Raleigh’s Luxury Market Stands Out

What sets Raleigh apart from other luxury destinations is its value, livability, and community-driven feel. Here, buyers find homes that rival the prestige of larger markets—often at a better price per square foot—while enjoying a more balanced and connected lifestyle.

Whether it’s the walkability of Inside the Beltline, the social vibrancy of North Hills, or the estate-style living in North Raleigh, the region offers something for every high-net-worth buyer. Add to that top-performing schools, a growing tech hub, and a strong cultural scene, and it’s easy to see why Raleigh is increasingly on the radar for discerning buyers.

Start Exploring Raleigh’s Elite Neighborhoods

Finding the right home means more than just square footage or price—it’s about finding a community that aligns with your values and lifestyle. For buyers exploring Raleigh’s most exclusive neighborhoods, there are tools to make the process seamless:

• Download the Raleigh Relocation Guide – A comprehensive overview of Raleigh’s top neighborhoods and amenities.
  
• Take the 5-Minute Neighborhood Matchmaker Survey – Discover which communities align best with your lifestyle preferences.
  

Luxury is personal. And in Raleigh, it’s attainable. From historic estates to cutting-edge builds, today’s affluent buyers have more options than ever in a market that continues to evolve. Whether you’re seeking privacy, prestige, or a vibrant community, Raleigh has a neighborhood to match.