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University Park

University Park

Suburban Neighborhood in Raleigh, North Carolina

Wake County 27607

$853,241 Average Value
$455 Average Price per Sq Ft
22 Homes For Sale

A neighborhood for those on and off campus

West Raleigh makes for a convenient spot near campus for college students, or a vibrant home base for alumni, professionals and families. Both parts of North Carolina State University and all of the all-female Meredith College are located here. So, students and staff are close to the classroom. But all residents can take advantage of campus-area amenities, such as sports stadiums, hip eateries and green spaces. “The big draw is the community feel in the area,” says Ed Williams, Realtor and owner of Edge Realty. “The university brings everybody together. It’s got a real college-town vibe. Everybody turns out for the basketball games. Football is big too.” The universities aren’t the only great schools in the neighborhood, the elementary, middle and high schools all score an A-minus or higher, according to Niche.

Grab a bite with Tuffy on Hillsborough Street across from NC State University.
Grab a bite with Tuffy on Hillsborough Street across from NC State University.
Meredith College is a private women's college, just 1 mile away from NC State University.
Meredith College is a private women's college, just 1 mile away from NC State University.
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A variety of homes that all offer convenience

Those looking to move to West Raleigh will discover a wide array of architecture, ranging from 1950s midcentury modern homes to newly constructed brick condos. “Anything you want, you're going to be able to find it there,” Williams says. “There are even some mixed-use developments, where there’s housing and shops below.” A 1,200 square-foot condo will cost in the high-$200,00s, while a sprawling custom-built home will go for just over $1 million. “Raleigh isn’t cheap. You’re paying for convenience. To get more bang for your buck you're going to have to go to the outskirts,” Williams says. “Homes are sitting on the market for longer than they used to. Most homes aren’t selling for 20 to 30 days and they’re selling for under asking price. That’s 100 percent due to the interest rates. We’re in a buyers’ market. Buyers are getting their choice of what they want.” West Raleigh has a higher number of renters than homeowners.

North Shore Condos on Centennial Campus offer private on campus living.
North Shore Condos on Centennial Campus offer private on campus living.
If you look close, you can find a sprinkling of 21st Century homes in the university area.
If you look close, you can find a sprinkling of 21st Century homes in the university area.
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Magnet schools attract students from all over the county

Part of the Wake County Public School System, students may attend Olds Elementary and Martin Middle. Both schools earn an A overall grade on Niche. In addition to Honors courses, International Baccalaureate and Advanced Placement courses, Broughton Magnet High has a career academy for hospitality, tourism and sports marketing. Specializing in Global Studies & Language Immersion, any rising Wake County 9th grader can apply to the magnet school. It scores an A-minus.

Olds Elementary School in University Park, was named after Fred A. Olds a prolific historian.
Olds Elementary School in University Park, was named after Fred A. Olds a prolific historian.
Broughton High School is located in the Cameron Village, neighborhood of Raleigh North Carolina.
Broughton High School is located in the Cameron Village, neighborhood of Raleigh North Carolina.
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Independent shops and well-know establishments

There are plenty of independent options to choose from, as well. At Reader’s Corner, used books, records and comic books are waiting to be enjoyed. Locals can then head to the Raleigh Brewing Company and order their signature brew or grab a combo at Snoopy’s Hot Dogs and More. For an even greater variety of bars and restaurants, downtown Raleigh is less than five miles away. “Downtown Raleigh has so many open-air restaurants and bars. That’s the place to go for nightlife,” Williams says. “They just passed a law where you can walk around parts of downtown with open containers of alcohol.” From Harris Teeter to Target to Chipotle, West Raleigh residents have access to a bounty of national and regional chains.

Target
Target
Snoopy's Hot Dogs
Snoopy's Hot Dogs
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Stopping to smell the roses

“West Raleigh is very outdoorsy. You always see people out walking, running and biking,” Williams says. “You have very dense areas that feel city-like, but there are greener areas too.” A visit to The Raleigh Rose Garden provides a tranquil spot to enjoy nature and browse the 60 rose beds. A unique aspect of Isabella Cannon Park is the climbing boulder, which has different levels that offer a challenge for all ages. At Jaycee Park, residents can practice their serve on the tennis or sand volleyball courts. Kids have options with two playgrounds and even pets can join in on the fun at the park’s dog run.

Raleigh Rose Garden
Raleigh Rose Garden
Jaycee Park and Community center is located in Raleigh, NC.
Jaycee Park and Community center is located in Raleigh, NC.
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Game day and flea market finds

This is an area with a lot of big-drawing events close by, most of them tied to sports: NC State football games at Carter-Finley Stadium, or NC State basketball and NHL Carolina Hurricanes hockey at PNC Arena. “There’s a lot of attachment to the college,” Williams says. “Young professionals are really migrating to this area. It may be that they have graduated from NC State and they like the area so much that they want to stay.” The biggest single event around is the North Carolina State Fair, held every October. The rest of the year, the grounds host The Raleigh Market, where weekend shoppers can find unique finds at the largest Flea Market in the state.

PNC Arena
PNC Arena
The Raleigh Market in West Raleigh is a great way to spend the weekend.
The Raleigh Market in West Raleigh is a great way to spend the weekend.
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Walking around in West Raleigh

Bordered by Interstate 440, known locally as the Raleigh Beltline, residents can quickly get to wherever they need to go in the city. Given the proximity to the universities, the neighborhood is fairly walkable and bikeable. GoRaleigh bus stops are located on major roads like Dixie Trail and Hillsborough Street.

I-440, known locally as the Raleigh Beltline, borders the West Raleigh neighborhood.
I-440, known locally as the Raleigh Beltline, borders the West Raleigh neighborhood.
Go Raleigh and the Wolfline 
 run like clock work along Hillsborough Street in West Raleigh.
Go Raleigh and the Wolfline run like clock work along Hillsborough Street in West Raleigh.
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Joyelle Ronan
Written By
Joyelle Ronan
Bryan Regan
Photography Contributed By
Bryan Regan
Chris Norton
Video By
Chris Norton

Agents Specializing in this Area

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Schools

Source:
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 Stephanie Anson, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Raleigh-Durham International

18 min drive

Bus

Faircloth St & Beaver Dam Dr

Bus

Oberlin Rd & Everett Ave

Bus

Hillsborough St & Rosemary St

Bus

Oberlin Rd & Bedford Ave

Bus

Faircloth St & Meredith College

Bus

Hillsborough St & Furches St

Bus

Dixie Trail & Fowler Ave

Crime and Safety

1 - Low Crime, 10 - High Crime University Park US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 6 4
Motor Vehicle Theft 5 4
Larceny 7 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$825,000
Median Single Family Price
$992,500
Median Townhouse Price
$842,500
Median 2 Bedroom Price
$683,575
Median 1 Bedroom Price
$499,000
Average Price Per Sq Ft
$455
Number of Homes for Sale
22
Last 12 months Home Sales
159
Months of Supply
1.70
Median List Price
$899,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-23%

Home Facts

Number of Homes in Neighborhood
1,355
Median Year Built
1948
Avg. Single Family Home Size Sq Ft
3,231
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
2,160
Average 2 Bedroom Size Sq Ft
1,368
Average 1 Bedroom Size Sq Ft
984
Median Lot Size Sq Ft
9,147

Open Houses

  • Sunday, Apr 27
    2 - 4pm

    2417 Mayview Rd, Raleigh, NC 27607

    $1,450,000

    • 5 Beds
    • 4.5 Baths
    • 3,180 Sq Ft
    • 2417 Mayview Rd

    Welcome to one of the exclusive custom designs in the prestigious Mayview Collection. Crafted by the esteemed DJF Builders and designed by the talented Tony Frazier, this elegant residence at 2417 Mayview Road is a true masterpiece nestled in the vibrant heart of Raleigh. Offering unparalleled walkability to The Village District with its array of restaurants, shops, and more, this home is

    Agent Photo
    Gretchen Coley
    Compass -- Raleigh
    (984) 254-3396
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  • Sunday, Apr 27
    1 - 3pm

    805 Tower St Unit 102, Raleigh, NC 27607

    $1,275,000

    • 4 Beds
    • 3.5 Baths
    • 3,005 Sq Ft
    • 805 Tower St
    • Unit 102
    • New 1 day ago

    Step into effortless sophistication with this stunning new construction- modern condo that's completely turnkey and lives like a townhouse—nestled in a pristine, walkable neighborhood just steps from the Village District's best shops, dining, and everyday conveniences.As you enter through the front door, you're welcomed by a gracious foyer that sets the tone for the refined finishes found

    Matt Bennett Rich Realty Group

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  • Sunday, Apr 27
    1 - 3pm

    3302.5 Hall Place, Raleigh, NC 27607

    $1,350,000

    • 4 Beds
    • 4 Baths
    • 3,140 Sq Ft
    • 3302.5 Hall Place

    Ready to go! (Fence installed soon!) Watch the world go by from your rocking chair front porch or stunning back porch. Walk to parks, schools, shops and restaurants! Minutes to I440/40, NC State, Meredith College and downtown. Home features: 10' ceilings, hardwoods throughout, additional builtins, upgraded cabinetry, designer lighting and tile and more!

    John O'Neal O'Neal & Company

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Stephanie Anson, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
7,502
Median Age
29
Population Density
9 ppl/acre
Population under 18
19.8%
On par with the national average
23.8%
Population over 65
10.1%
Below the national average
19.1%

Finances

Median Household Income
$61,317
Below the national average
$71,702
Average Household Income
$103,921

Education and Workforce

High School Graduates
93.9%
College Graduates
74.4%
Significantly above the national average
34.1%
Advanced Degrees
34%
Above the national average
13.3%
% Population in Labor Force
73.4%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
0''

Area Factors

Very Bikeable

Bike Score®

88 / 100

Somewhat Walkable

Walk Score®

59 / 100

Some Transit

Transit Score®

45 / 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.

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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.
NEIGHBORHOOD
University Park