$1,311,368Average Value$453Average Price per Sq Ft8Homes For Sale
Fallon Park offers both historic and modern residential communities
Two miles north of downtown Raleigh, Fallon Park is a residential neighborhood and partial historic district known for its upscale suburban appeal paired with a convenient location. There are several distinct housing communities within the neighborhood that range from early 20th-century subdivisions to newer developments with modern townhomes. “Fallon Park is considered ‘inside the beltline,’ which is a common phrase people use around here," says Kathy Pitney, a local real estate agent with Keller Williams Elite Realty. She explains that the phrase essentially refers to any neighborhood within the Interstate 440 beltway looping through the northern metro. A portion of the neighborhood used to be part of the historic William Christmas plantation from the 19th century. In the early 1910s, development began on parcels of sold-off land and marked the beginnings of the Fallon Park community. Today, various housing options sit among abundant green spaces and offer the neighborhood an idyllic atmosphere. “You’ve got a lot of historic charm but also some nicer, modern amenities,” Pitney says.
Desirable homes from the early 20th century to the 2000s
In the older parts of Fallon Park, potential homebuyers can find a collage of early to mid-20th-century single-family homes that showcase Georgian-inspired, Craftsman and Colonial Revival architectural styles. These properties sit along tree-lined streets and boast sturdy brick facades complemented by eclectic decorative features. Also in this neighborhood are several newer townhouse communities with units that also feature Craftsman-style designs and stone builds. Depending on size, homes here can range anywhere from $800,000 to approximately $3.5 million, with a median single-family home price of about $1.3 million. Typically, homes priced under $1 million need substantial updating and, oftentimes, complete renovations. Depending on the community in which a property is located, residents here may be subject to additional HOA fees. On average, Fallon Park listings are sold after only 16 days on the market, which is a much shorter timeframe as compared to the national average of 46 days.
Attending Wake County Schools
Fallon Park is zoned for the Wake County Schools district, which receives an overall A rating from Niche and was ranked No. 4 on Niche’s “Best Schools Districts in North Carolina” list for 2025. Students here can attend Joyner Magnet Elementary, Oberlin Magnet Middle and Needham Broughton High School, all of which are rated A-minus. Despite the comparatively high rankings, however, potential homebuyers need to be aware that higher student populations can mean certain public schools are closed to new enrollment. “Wake County Public Schools can be challenging in the sense that the population is so big in this area and we only have so many schools, which can fill up and be capped, so then you have overflow schools,” Pitney says. “People don’t necessarily move into neighborhoods here because of zoning for a specific school – you can choose to do that, but there’s no guarantee that you’ll end up at that school if it’s full.”
Abundant outdoor recreation in and around Fallon Park
In the heart of the neighborhood, Fallon Park is a 10-acre strip of land encircled by an unpaved walking path and full of picnic areas with tables and benches. Pitney notes that the entire neighborhood itself lends itself to the outdoors: “You’ve got lots of sidewalks, a greenway going through the area, plenty of picnic areas and it’s a very dog-friendly neighborhood.” One greenway running through Fallon Park is the Crabtree Creek Trail, a paved pedestrian walkway that runs along its titular creek. The trail runs through Rothgeb Park, a nearly 7-acre outdoor space just north of the neighborhood that features open grassy areas for parkgoers. Also bordering the neighborhood to the east is the Kiwanis Park and Neighborhood Center, a community spot with indoor and outdoor recreation facilities, including athletic courts, program buildings and playgrounds. The nearby Carolina Country Club is a luxury private golf course established in 1910 that features an 18-hole championship course and a driving range, as well as a clubhouse and swimming pool.
Shopping and dining options along bordering streets
Shopping and dining areas border Fallon Park on all sides. Along the neighborhood’s western edge, residents can find an abundance of local boutiques and eateries branching off Glenwood Avenue. One popular restaurant in this area is the Bloomsburg Bistro, a French-inspired haunt with a seasonally rotating menu. East of the neighborhood, Wake Forest Road is a bustling thoroughfare lined with big box stores like Costco and Wegmans, chain fast-food restaurants and a collection automotive repair shops and car dealerships. Also just off this road, housed in an unassuming industrial building, is The Ritz, an iconic neon-lit music venue with multiple event spaces and a jam-packed concert calendar. Farther down the road is the Holly Park Shopping Mall, a massive commercial area with national retailers like Ulta Beauty, Ross and Staples.
Getting around the Raleigh metro
Fallon Park is only a couple of miles away from downtown Raleigh, which is a straight shot south on Glenwood Avenue bordering the western side of the neighborhood. Travelling north on Glenwood Avenue brings drivers to the merge with the Interstate 440 beltline, which loops around the northern Raleigh metro area and is one of the city’s main commuter thoroughfares. Public transit options in this area include the GORaleigh bus services. Duke Raleigh Hospital and its 24-hour emergency room is approximately 2 miles outside the neighborhood. The Raleigh-Durham International Airport is a 14-mile drive northwest.
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
John Rines,
an experienced agent in this neighborhood.
Parks in this Area
Rothgeb Park
Picnic Area
Multi-Purpose Field
Fallon Park
Picnic Area
Trails
River
Transit
Airport
Raleigh-Durham International
23 min drive
Bus
Noble Rd & North Of Pine Dr
Bus
Noble Rd & Wayne Dr
Crime and Safety
1 - Low Crime, 10 - High Crime
Fallon Park
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
2
4
Burglary
3
4
Motor Vehicle Theft
3
4
Larceny
4
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Fallon Park, Raleigh sell after 15 days on the market compared to the national average of 47 days. The average sale price for homes in Fallon Park, Raleigh over the last 12 months is $1,576,298, up 31% from the average home sale price over the previous 12 months.
Perfect Bungalow situation in the heart of Five Points. Beautifully positioned on .3 acres, this 3 BA 2BA is a must see. Rebuilt from foundation up in 2014 with new wiring, plumbing, HVAC, roof etc. Stainless steel appliances, granite countertop in kitchen, quartz in primary bathroom; tile in kitchen & bathrooms, wood flooring; gas log fireplace. Paved drive with ample parking in back. Fenced
Exceptional, custom built home (Legacy) with attention to detail in every room located in the luxurious neighborhood of The Oaks at Fallon Park in the Five Points area. A pleasure to visit as you begin your tour in the entrance hall which is bright and full of light. The living room has a beautiful gas fireplace, floor to ceiling windows w/plantation shutters, and ample space to arrange your
Welcome to 2920 Claremont Road, a timeless retreat in one of the most coveted neighborhoods Inside the Beltline, nestled on a quiet street within walking distance to the greenway and Fallon Park. This stunning home exudes charm, sophistication, and unique elegance. With a beautiful stone facade, a welcoming covered front porch illuminated by classic gas lanterns, and a seamless blend of indoor
Interested in learning more about homes in this area?
Reach out to
John Rines,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
2,014
Median Age
44
Population under 18
25.7%
On par with the national average
23.8%
Population over 65
17.4%
On par with the national average
19.1%
Finances
Median Household Income
$212,407
Significantly above the national average
$71,702
Average Household Income
$221,400
Education and Workforce
High School Graduates
99.5%
College Graduates
88.8%
Significantly above the national average
34.1%
Advanced Degrees
36%
Above the national average
13.3%
% Population in Labor Force
70.9%
Weather
Annual Precipitation
46''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
43/ 100
Car-Dependent
Walk Score®
23/ 100
Some Transit
Transit Score®
37/ 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.