Raleigh is one of the fastest-growing cities in America, thanks to its strong economy, well-paying jobs, and affordable housing. There’s a variety of housing available here, ranging from Victorian-era homes to condos to new builds.
In addition to suburban areas idyllic for many homeowners, Raleigh proper has great walk-ability, a strong public transportation system, and is one of the safest major cities in North Carolina. All in all, it’s a great place to live, and it’s no surprise that it’s growing so rapidly. Check out these neighborhoods if you want to buy a home near Raleigh.
Sanford, NC – 27330 & 27332
Sanford is conveniently located just a few minutes from downtown near U.S. Route 1 and is also one of the most affordable locations. It has quiet neighborhoods and is a great place to purchase a small to mid-size home near Central Carolina Community College. Many of the homes in Sanford were built 50 or more years ago, when many yards in the area were a third of an acre and they planted trees to shade and cool homes. The large yards are an attraction for many home buyers and the trees by now are big and beautiful. Gardening, entertaining, creating an at-home park – the possibilities are endless in a place like this, all without breaking the bank. As an added bonus, there are lots of major employers in Sandford – living here could help you avoid the hassle and stress of long commutes.
- Population: 29,917
- Median Home Value: $135,000
- Median Household Income: $44,400
Garner, NC – 27529
Located six miles south of Raleigh’s downtown, Garner is another up–and–coming neighborhood that’s still affordable. Because it’s so close to downtown and commute times are lower, many Garner residents work there. The city has plans to expand new housing and make public transportation more widely available for Garner, further upping convenience for those who live here and work downtown. With all the new growth happening in Garner, it’s no surprise that home values are expected to appreciate in the next few years.
- Population: 30,502
- Median Home Value: $164,000
- Median Household Income: $58,000
New Hill, NC – 27562
New Hill, also not too far from downtown Raleigh at about 20 miles, has also experienced a lot of new development recently. Home values here are booming! And for good reason – it’s a beautiful place. Located just between Jordan Lake and Shearon Harris Reservoir, there are plenty of quaint nature trails and many options for all kinds of outdoor experiences. In addition to outdoor exploration, there are a number of museums and historic sites nearby that offer enriching indoor activities, too.
- Population: 1,752
- Median Home Value: Varies
- Median Household Income: $89,400
Millbrook, NC – 27609
Millbrook is another highly affordable neighborhood, this time on the north side of Raleigh. This suburb has all the amenities of many great American cities without the high cost of living. The lower prices aren’t expected to last long as homes built in Millbrook are selling fast. Smaller homes in more mature neighborhoods are also affordable, selling for as little as $150,000, but with new construction homes being built nearby, the price of all the homes in areas surrounding Millbrook aren’t going to last.
- Population: 2,401
- Median Home Value: $205,000
- Median Household Income: $53,500
Knightdale, NC – 27545 & 27604
10 miles east of Raleigh, while home prices are $30,000 less than in other areas of the city, those prices are expected to hold steady. Knightdale has many of the amenities and jobs that Raleigh offers without having to drive very far to get there
- Population: 17,423
- Median Home Value: $170,000
- Median Household Income: $72,600
Raleigh’s suburbs are a great place to put down roots. The homes for sale in Raleigh have a lot of personality, and there’s something unique about each one. Home prices are some of the most reasonable in the country, and wages are on par with other major cities. The city has a lot to offer in the way of recreation, entertainment and urban enjoyment. And with several suburban areas off of Raleigh in all directions, commute times to get to the city center are shorter than in many other metro areas.
If you’re a current homeowner in the greater Raleigh area, we invite you to request a free, no-obligation cash offer on your home. Just enter a few details on your home and within 24 hours Offerpad will provide convenient and sure solutions to get you into your dream home!
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