$577,818Average Value$429Average Price per Sq Ft20Homes For Sale
The historic and happening Capital District
Home to the North Carolina Executive Mansion, trendy restaurants and a massive event center, the Capital District is the bustling cultural center of not Raleigh, the capital city of North Carolina. “You’re getting close to the heart of downtown,” says Ryan Sabatini, a Broker with Rich Realty Group who has been selling in the area for three years. “There’s not a ton of residential area there, mostly shopping and dining.” The neighborhood's development dates to 1792 and radiates out from the executive mansion, creating a mix of historic structures and newer construction alongside restaurants, event centers and greenspace. Recent renovations also include high-rise apartment buildings to accommodate the neighborhood’s rise in population.
Exploring the flavors of downtown
Neighborhood restaurants showcase cuisines to satisfy all taste profiles. Gringo A Go Go is a family-owned eatery serving up authentic Mexican food with vegan options out of a former gas station. Taverna Agora Greek Kitchen & Bar offers rooftop patio views and Mediterranean dishes. For fans of barbecue, “Longleaf Swine is incredible,” Sabatini says. “It’s relatively new.” After picking up a coffee at one of the many cafes, residents can spend the day shopping at boutiques and art galleries like Raleigh Vintage and Gallery C, which has been open since 1985. Meanwhile, the exhibitions at the North Carolina Museum of Natural Sciences and the North Carolina Museum of History are always worth exploring. Maybe that night a show will be playing at one of the neighborhood’s theaters and venues, including The Burning Coal Theatre, which hosts live theatre in its red brick playhouse. For a weekly grocery run, Publix Super Market or Weaver Street Market are both convenient options.
Taverna Agora Greek Kitchen is a popular gathering spot in the Capital District.
Publix is a popular grocery store near the Oakwood neighborhood.
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Queen Anne homes and high-rise apartments
Homes here vary in style. On one block, there are attached town houses. On another, there are Queen Anne, Craftsman or colonial-style homes, some built as early as 1909. However, most older buildings have been turned into office buildings. With about 60% of the neighborhood renting, many residents live in apartments and condos, sometime high-rises or multi-use spaces above restaurants and shops. A one-bedroom condo on Glenwood Avenue will start at around $300,000, while a two-bedroom high-rise condo will go for closer to $800,000.
Some of the Colonia Style homes in the Capital District were built as early as 1909.
Larger Colonia Style homes are popular with Capital District residents.
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Attending concerts and conventions
At the Raleigh Convention Center, big names in entertainment come to the city. Musical acts, comedians, Broadway shows, ballets and speaking tours all perform at the center regularly. The venue also puts on annual events like GalaxyCon and the Raleigh Tattoo Arts Festival.
Raleigh Convention Center is a great place to enjoy a large event in the Capital District.
Red Hat Amphitheater is a great place to see an outdoor concert in the Capital District.
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Taking in Raleigh's greenery
The Capital District has two squares of green space. The first is Moore Square Park, a 4-acre area with an interactive fountain, visitor center and events that happen almost daily. “It’s a great spot to feel like you’ve stepped out of the city,” Sabatini says. Across the way is Nash Square, home to the Nash Square Squirrel carved from a 90-foot willow large oak and a monument honoring North Carolina’s fallen firefighters. Both parks offer spots to sit outside and enjoy views of downtown.
The firefighters monument is located at Nash Square in the Capital District.
Nature lovers go to Moore Square Park for its large grassy area in the Capital District.
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Walking or biking around the neighborhood
To avoid traffic, residents can easily walk or ride a bike to get around the neighborhood. There are bus stops throughout the neighborhood courtesy of the GoRaleigh transit system. Outside of the neighborhood, Raleigh-Durham International Airport is about 14 miles away via I-40.
Highly-rated magnet schools serving Wake County
A part of the Wake County Public School System, Capital District students may begin their education at Wiley Elementary, receiving an A-minus score on Niche or Conn Magnet Elementary, earning a B-plus. They can then graduate to A-rated Oberlin Magnet Middle and Broughton Magnet High, which holds A-minus rating. The high school offers 37 Honors courses; 36 International Baccalaureate (IB) Diploma Programme courses and 18 Advanced Placement (AP) courses. "Raleigh has some really great schools," Sabatini says. "Especially the ones that are close to downtown."
Wiley Elementary provides education for Capital District residents.
Broughton High School is located in the Cameron Village, neighborhood of Raleigh North Carolina.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Gretchen Coley,
an experienced agent in this neighborhood.
Parks in this Area
Oakwood Commons Park
Playground
Nash Square
Trails
Events
Moore Square
Picnic Area
Events
Concessions
Lenoir Street Park
Basketball
Picnic Area
Trails
Fred Fletcher Park
Municipal Building Green Dog Park
Dog Park
Trails
Transit
Airport
Raleigh-Durham International
23 min drive
Bus
Wilmington St & Polk St
Bus
Wilmington St & Jones St (R7)
Bus
Wilmington St & Davie St (R4)
Bus
E Peace St & N Blount St
Bus
N Wilmington St & North St (R8)
Bus
W Edenton St & S Harrington St
Bus
Salisbury St & W Morgan St
Crime and Safety
1 - Low Crime, 10 - High Crime
Capital District
US
Homicide
4
4
Sexual Assault
8
4
Assault with Weapon
5
4
Robbery
8
4
Burglary
10
4
Motor Vehicle Theft
10
4
Larceny
10
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Capital District, Raleigh sell after 41 days on the market compared to the national average of 47 days. The average sale price for homes in Capital District, Raleigh over the last 12 months is $540,500, up 6% from the average home sale price over the previous 12 months.
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Located in the heart of downtown, SkyHouse Raleigh offers unparalleled access to the city's best shopping, dining, and entertainment. You'll also find beautiful green spaces and key businesses nearby. Our community is designed for urban dwellers, featuring a resort-style rooftop pool, an outdoor grilling area with a fire pit, a premier indoor/outdoor resident lounge, a state-of-the-art fitness
Interested in learning more about homes in this area?
Reach out to
Gretchen Coley,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
4,649
Median Age
35
Population Density
12 ppl/acre
Population under 18
11.5%
Below the national average
23.8%
Population over 65
5.8%
Below the national average
19.1%
Finances
Median Household Income
$110,514
Significantly above the national average
$71,702
Average Household Income
$128,320
Education and Workforce
High School Graduates
93.8%
College Graduates
67.8%
Significantly above the national average
34.1%
Advanced Degrees
29.6%
Above the national average
13.3%
% Population in Labor Force
66.8%
Weather
Annual Precipitation
46''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
0''
Area Factors
Biker's Paradise
Bike Score®
94/ 100
Walker's Paradise
Walk Score®
92/ 100
Excellent Transit
Transit Score®
75/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.