$582,511Average Value$345Average Price per Sq Ft5Homes For Sale
Oakwood Park also has a historic district.
A college neighborhood grounded in history
With a grand stone archway leading into the picturesque Historic Oakwood Cemetery, vines creeping up the ruins of a former hospital intertwined in Raleigh’s Black history and the gated campus of a historically Black university resting a few blocks from a modern mixed-use development — there’s a strong sense of both past and future in Oakwood Park. A blend of college students and faculty, professionals and families live in this growing East Raleigh neighborhood conveniently only a mile from Downtown. Modern renovations and new construction are transforming the look of this community, which is tied to the founding of Saint Augustine’s University in 1867. “It’s rapidly changing, and the university intends to remain a part of the community,” says Demarcus Williams, the Associate Vice President of Global Marketing & Communications at St. Augustine's. The private university is a large employer in the area and opens the red doors of its landmark chapel for services every week.
A bodega and coffee shop nearby
To stock up on groceries and household essentials, residents can go to Food Lion. For freshly cut meat, including whole pigs for barbecuing and other grocery items, they stop by Larry’s Super Market. Also in the neighborhood, locals can find casual bodega favorites, like chopped cheese sandwiches, at Brookside Bodega. Next door is The Optimist Raleigh, a laidback local coffee shop serving muffins and lattes. Local boutiques, trendy eateries and nightlife spots dot Person Street. Residents can pick up a new novel at So & So Books, grab a fresh pie to-go from Oakwood Pizza Box or gather for drinks and good times at Person Street Bar, a local haunt. With downtown so close, there is plenty to do and explore. “There are ghost walking tours if people want to lean into that history, but residents are also close to Moore Square for concerts and events, and all the popular restaurants and museums,” says Ellen Pitts, a Realtor and owner of Harmony Realty Triangle, who’s lived in the area since 2000.
Brookside Bodega serves Oakwood Park locals.
Oakwood Park locals can kick off their day with a latte from The Optimist Raleigh.
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Pet owners hang out at Oakwood Dog Park
The neighborhood’s namesake park is where residents take their kids to the playground or host an event in the sheltered picnic area. The St. Augustine’s Lady Falcons use the park’s softball fields to hone their skills. Pet owners let their dogs run free around a large, shaded space at the Oakwood Dog Park, which features fenced-in sections for big and small dogs. Over at Lions Park, thrill-seeking riders peddle around the BMX Track. For smoother rides, an access point for the Crabtree Creek Trail, a 16-mile nature trail that follows Crabtree Creek throughout Raleigh, is a mile northeast.
Oakwood Dog Park is a large space for furry friends.
Dogs run freely in Oakwood Park.
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Midcentury dwellings and modern townhouses
Oakwood Park properties are arranged in communities of gridded streets, each with its own vibe. On the western edge of St. Augustine’s campus, 1950s bungalows rest next to newly built or recently renovated homes. “Most of the new builds are really modern. You’ll get a 1900s house right beside a 2020s house,” explains Marshall Rich, the owner of Rich Realty Group, who’s lived in Raleigh since 1999. Yards are minimally landscaped, and most are in view of the university’s athletic complex. It’s common for homeowners here to see track team members out on their runs. Over in the Madonna Acres subdivision, midcentury ranch-style homes and split-level colonial styles are the most common, featuring carports and landscaped lawns with decorative shrubs, raised garden beds and towering oak trees. Buyers will also find contemporary townhouses. Prices range from $325,000 to just under $900,000.
Modern apartments and townhomes in Oakwood Park.
Big yards are common in Oakwood Park.
Shaded streets in the Oakwood Park community.
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A-rated schools for Oakwood Park students
Students are zoned in the Wake County Public School System, which has over 50 magnet school options. Underwood Magnet Elementary and Martin Magnet Middle School earn an A from Niche. Enloe Magnet High School receives an A-plus rating and is ranked as the No. 1 magnet high school in the Raleigh area and the fourth-best in the state. Named after former mayor Williams G. Enloe, the school offers career-focused programs like the Academy of Creative Design and Medical Bioscience Academy. With help from their counselors, teens can apply to the alternative high school in the neighborhood, Phillips High School. Families interested in private education have several options within driving distance, including The Fletcher Academy, the all-girls Saint Mary’s School and Raleigh Christian Academy.
Saint Augustine's University is located in Oakwood Park.
Saint Augustine's Chapel is a well-known landmark.
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Oakwood Park's GoRaleigh Bus Station in Downtown Raleigh offers ample mass transit options.
Ride a GoRaleigh bus downtown
GoRaleigh services the greater Raleigh area. Fares are suspended until June 2024, and residents can find bus stops throughout the neighborhood to reach downtown about a mile away. There are some sidewalks along the streets as well. However, personal vehicles are the most convenient mode of transportation. U.S. Route 401 runs a mile north of the neighborhood and offers a connection to Interstate 440. Cyclists can use bike lanes on Oakwood Avenue and Hill Street to reach paved trails across the city. For out-of-town trips, Raleigh-Durham International Airport is a 14-mile drive.
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
Scott Korbin,
an experienced agent in this neighborhood.
Parks in this Area
Pender Street Park
Picnic Area
Playground
Oakwood Commons Park
Playground
Oakwood Park
Baseball/Softball
Dog Park
Grills
LeVelle Moton Park
Basketball
Picnic Area
Playground
Tarboro Road Park
Grills
Picnic Area
Tennis
Fisher Street Park
Basketball
Picnic Area
Playground
Transit
Airport
Raleigh-Durham International
27 min drive
Bus
Glascock St & Delany Dr
Bus
Oakwood Ave & Tarboro St (St Augustine's University)
Bus
Hill St & Booker Dr
Bus
Glascock St & State St (Eb)
Bus
Oakwood Ave & Fisher St
Bus
Hill St & Oakwood Ave
Bus
Milburnie Rd & Fisher St
Crime and Safety
1 - Low Crime, 10 - High Crime
Oakwood Park
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Oakwood Park, Raleigh sell after 26 days on the market compared to the national average of 47 days. The average sale price for homes in Oakwood Park, Raleigh over the last 12 months is $534,681, up 15% from the average home sale price over the previous 12 months.
**No income restrictions on this unit** If you've been looking for the convenience of urban living with the peace of mind of new construction, but without breaking the bank, you're in luck. This townhome was just built in 2023, has been well-maintained, and is ready for its next chapter. This home has a 1-car garage and surprisingly long private driveway, a feature not shared by all units in this
Modern urban infill masterpiece by Zenith Homes in the heart of downtown Raleigh. Designed for entertaining and work-from-home living, this home features TWO flex areas ideal for hobbies/gaming or work-from-home offices, a stunning chef's kitchen w/ waterfall island, two-tone cabinetry, 6-burner gas range, walk-in pantry + scullery. Screened porch w/ gas fireplace + Phantom screen opens to
New Construction 3 level townhome located in the city of Raleigh. The townhome offers 2 spacious bedroom and 1.5 bathrooms. It has a 1 car garage and a deck off the kitchen to enjoy the outside. The kitchen is designed for entertaining--- large island...ample cabinet space...just think about the parties...family gathering...celebrations that could create great and lasting memories. You can easily
Welcome to this stunning newly built Single Family home located at 717 Penn Rd, Raleigh, NC. This modern masterpiece was completed in June 2023 with meticulous attention to detail and high-end finishes throughout. With 6 bathrooms, 1 half bathroom, and a spacious finished area of 5,467 sq. ft., this home offers plenty of room for comfortable living and entertaining. As you enter the home, you are
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Stunning townhome available June 15th in Oakwood Townes! Built in 2019, this property provides the highly desirable Historic Oakwood location combined with the elegance of new construction. With 2 bedrooms, 2 Full bathroom 2 half bathrooms an office and a garage, this is truly an ideal townhome floorplan! Featuring quartz countertops, stainless appliances, chrome fixtures and a double sided
Interested in learning more about homes in this area?
Reach out to
Scott Korbin,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,498
Median Age
27
Population Density
9 ppl/acre
Population under 18
24.5%
On par with the national average
23.8%
Population over 65
9.3%
Below the national average
19.1%
Finances
Median Household Income
$71,012
On par with the national average
$71,702
Average Household Income
$86,147
Education and Workforce
High School Graduates
84.9%
College Graduates
26.7%
Below the national average
34.1%
Advanced Degrees
14%
% Population in Labor Force
59.3%
Below the national average
65.1%
Weather
Annual Precipitation
46''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
3''
Area Factors
Bikeable
Bike Score®
65/ 100
Car-Dependent
Walk Score®
49/ 100
Some Transit
Transit Score®
39/ 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.
