Raleigh, NL

Updated: May 2016
House
Median price $119,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 1.83%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Raleigh Home Price

The median asking price in Raleigh is $119,000, quite a drop from the median three months ago which was $119,000 .

With Raleigh’s median house price at $119,000 in May , it is one of the cheapest neighbourhoods compared to the rest of Newfoundland and Labrador.

According to our stats, Raleigh is the neighbourhood that has the 130th most properties available to real estate investors in Newfoundland and Labrador.

When we look at the data we have, it can help with trying to establish whether or not Raleigh is a good investment target.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Raleigh have stayed pretty much the same which would tend to indicate that demand is steady.

Will prices rise across the next year in in Raleigh? There are a number of real estate indicators to consider.

Beds Median price (House) Median price (Apartment)
3 bedrooms $117,250
Demographics
  • Population in 2011201
  • Population in 2006248
  • 2006 to 2011 population change (%)-19
  • Total private dwellings109
  • Private dwellings occupied by usual residents89
  • Population density per square kilometre18.1
  • Land area (square km)11.12