Historic Oakwood Home Sales
2021
Historic Oakwood is one of the best known historical neighborhoods in Raleigh. The Oakwood area began its development in the 1870's. The development grew slowly with most homes being built between 1870 and 1930.
Oakwood was originally home to the city's middle class business owners and politicians who worked in downtown Raleigh and could walk home to Oakwood in the evenings.
Today the neighborhood of Oakwood and many of its restored homes, are listed on the National Register of Historic Places.
In 2021, 17 homes sold in Historic Oakwood. The average sales price was $780,424 with an average price per square foot of $311.56. It took, on average, 19 days to sell a home in Historic Oakwood.
Homes sold in Oakwood averaged 99% of the asking price in 2021.
The year built is always important with homes in historic or unique areas. The age of homes that sold in Historic Oakwood in 2021 ranged from the oldest, built in 1876 at 542 East Jones Street, to the newest one, built in 2021 at 505 East Lane Street. That's an age span of 145 years!
Historic Oakwood Annual Indicators 2021
• List Price Range: $400,000 - $1,195,000
• Sale Price Range: $350,000 - $1,225,000
• Year Built Range: 1876 - 2021
• Square Footage Range:1,241 - 3,764
• Days on Market Range: 0 - 90
If you would like to compare sales this year with homes sold in Historic Oakwood last year - click here:
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Content By Erin Bohner
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