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Oakwood Homes for Sale

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  • /2

    $297,000

    • Land
    • 0.11 Acre
    • $2,700,000 per Acre

    203 Heck St, Raleigh, NC 27601

    Incredible opportunity to own a buildable lot in one of Downtown Raleigh's most rapidly growing and desirable neighborhoods! Whether you're a homeowner looking to build your dream residence, a developer eyeing a valuable project, or an investor seeking strong long-term returns, this property delivers exceptional potential—with no HOA restrictions. Located just steps from the heart of downtown,

    Agent Photo

    Warren Hall

    Choice Residential Real Estate

    (984) 253-3114

    203 Heck St, Raleigh, NC 27601
  • /2

    $297,000

    • Land
    • 0.1 Acre
    • $2,970,000 per Acre

    207 Heck St, Raleigh, NC 27601

    Prime opportunity in the heart of Downtown Raleigh! This rare vacant lot offers unlimited potential for homeowners, investors, and builders alike. Whether you're dreaming of constructing your custom home or developing a high-value rental property, this site delivers unmatched possibilities—all with no HOA restrictions. Perfectly positioned within walking distance to some of Raleigh's most popular

    Agent Photo

    Warren Hall

    Choice Residential Real Estate

    (984) 207-5437

    207 Heck St, Raleigh, NC 27601
  • /4

    $975,000 New Construction

    • 3 Beds
    • 3.5 Baths
    • 2,195 Sq Ft

    720 Oakwood Ave Unit 102, Raleigh, NC 27601

    A rare opportunity to own newly constructed modern architecture just outside Historic Oakwood--one of Raleigh's most beloved and walkable historic neighborhoods--placing downtown dining, parks, and culture within easy reach. Designed for buyers seeking both architectural style and lifestyle convenience, this beautifully crafted townhome delivers the energy of downtown living paired with the

    Agent Photo

    Jason Queen

    Monarch Realty Co.

    (984) 313-9064

    720 Oakwood Ave Unit 102, Raleigh, NC 27601
  • /4

    $975,000 New Construction

    • 3 Beds
    • 3.5 Baths
    • 2,195 Sq Ft

    720 Oakwood Ave Unit 101, Raleigh, NC 27601

    Walk to Historic Oakwood, Downtown Raleigh, and some of the city's most celebrated restaurants from this newly constructed modern townhome, which is designed for true walkability and modern downtown living. Perfectly positioned just outside Historic Oakwood, this thoughtfully designed residence places Raleigh's vibrant dining, culture, and green spaces just minutes from your front door. Enjoy

    Agent Photo

    Jason Queen

    Monarch Realty Co.

    (984) 223-4458

    720 Oakwood Ave Unit 101, Raleigh, NC 27601
  • /47

    $935,000

    • 4 Beds
    • 2 Baths
    • 2,172 Sq Ft

    527 N East St, Raleigh, NC 27604

    Step into a piece of history with the iconic JT Bland House, built in 1912. This distinguished 4-bedroom, 2-bath home offers original heart pine hardwood floors, soaring ceilings, antique fireplaces, and custom millwork that reflect its rich heritage. Unique period details include intricate moldings and vintage charm throughout the residence.Situated in the heart of Oakwood, this prime

    Kevin Van Zyl Kevin Van Zyl

    527 N East St, Raleigh, NC 27604
  • /22

    $425,000

    • 2 Baths
    • 1,769 Sq Ft

    217 Heck St, Raleigh, NC 27601

    Prime opportunity in the heart of Downtown Raleigh! This already-rented, income-generating property gives you the flexibility to hold until the value of downtown skyrockets. It offers amazing potential for investors--no HOA restrictions. Perfectly positioned within walking distance to some of Raleigh's most popular parks, schools, restaurants, and entertainment. This duplex places you at the

    Terry Nimmer Spatium Development LLC

    217 Heck St, Raleigh, NC 27601
  • /21

    $499,990

    • 3 Beds
    • 2 Baths
    • 1,225 Sq Ft

    904 E Jones St, Raleigh, NC 27601

    Discover the best of downtown Raleigh living at 904 E Jones St, a charming 3-bedroom, 2-bath home just steps from the restaurants, coffee shops, parks, and entertainment that make the city so vibrant. Adjacent to the Historic Oakwood district, this location offers the ideal blend of neighborhood character and easy access to everything downtown has to offer.Inside, you'll find a comfortable,

    Kimberly Vearnon Coldwell Banker HPW

    904 E Jones St, Raleigh, NC 27601
  • /67

    $1,025,000

    • 6 Beds
    • 4 Baths
    • 4,189 Sq Ft

    807 E Edenton St, Raleigh, NC 27601

    Rarely does a property offer the perfect synergy of historic charm and modern financial flexibility. Now offered at a compelling new price point, this 1925 Craftsman bungalow is a high-value asset situated in the heart of Oakwood - Downtown Raleigh's most prestigious and architecturally significant neighborhood. Whether you are seeking a sprawling, 6-bedroom legacy estate or a high-performance

    Steven Squires Compass -- Raleigh

    807 E Edenton St, Raleigh, NC 27601
  • /19

    $475,000

    • Land
    • 0.11 Acre
    • $4,318,182 per Acre

    419 Watauga St, Raleigh, NC 27604

    Rare opportunity to build in Historic Oakwood! Located on a beautiful, tree-lined street in the heart of downtown Raleigh. Zoned R-10 with public utilities at street bring your own builder and customize your dream home. Endless possibilities in one of Raleigh's most charming and sought-after neighborhoods!

    Dana Ellington Compass -- Raleigh

    419 Watauga St, Raleigh, NC 27604
  • /29

    $559,500

    • 3 Beds
    • 3.5 Baths
    • 1,490 Sq Ft

    712 E Edenton St Unit 102, Raleigh, NC 27601

    Take in the panoramic views of the Raleigh skyline from your private rooftop terrace at 712 E Edenton Street in the coveted 625New Bern community. Designed with sleek modern elegance, this home boasts floor-to-ceiling windows that flood each level with natural light, creating an inviting and sophisticated ambiance. The chef's kitchen is a true showpiece, featuring Quartz countertops, high-end

    Nick Gallina Coldwell Banker HPW

    712 E Edenton St Unit 102, Raleigh, NC 27601
  • /33

    $625,000

    • 3 Beds
    • 2.5 Baths
    • 1,592 Sq Ft

    537 New Bern Ave Unit 101, Raleigh, NC 27601

    Modern condo living just minutes from Downtown Raleigh, located along the edge of Historic Oakwood. This end unit at 537 New Bern #101 offers clear, unobstructed skyline views from a private rooftop terrace, a standout feature for enjoying evenings, entertaining, or taking in the city lights. Built in 2018, the home features a functional multi-level layout with abundant natural light. The entry

    Autumn DuBois SERHANT North Carolina LLC

    537 New Bern Ave Unit 101, Raleigh, NC 27601
  • /75

    $1,625,000

    • 4 Beds
    • 3.5 Baths
    • 3,732 Sq Ft

    550 E Edenton St, Raleigh, NC 27601

    Modernist Victorian by Vernacular Studio in the heart of downtown Raleigh. This 4-bedroom home features floor-to-ceiling windows and a NanaWall system that fully opens to a private patio, creating seamless indoor-outdoor living. Soaring ceilings and hardwood floors highlight the open-concept layout, ideal for everyday living and entertaining. The main level includes a guest suite, spacious

    Ann-Cabell Baum Glenwood Agency, LLC

    550 E Edenton St, Raleigh, NC 27601
  • /79

    $1,150,000

    • 5 Beds
    • 3.5 Baths
    • 3,328 Sq Ft

    415 E Lane St, Raleigh, NC 27601

    Own a rare piece of Raleigh history in the heart of Historic Oakwood. Built in 1915, the Historic Horton Broughton House is an architecturally significant residence offering timeless character, walkable city living, and exceptional investment flexibility. This beautifully maintained property is configured as a three unit triplex totaling more than 3,300 square feet, making it an outstanding

    Rebecca Ellis Keller Williams Legacy

    415 E Lane St, Raleigh, NC 27601
  • /16

    $415,000

    • 3 Beds
    • 1 Bath
    • 907 Sq Ft

    1020 E Jones St, Raleigh, NC 27601

    Downtown Raleigh living at its best! Ideally located on E Jones Street, this fully renovated home sits just a short distance from both Historic Oakwood and Person Street's popular restaurants, coffee shops, and local spots. Renovated top to bottom in 2021, the home blends timeless charm with modern comfort. Enjoy peace of mind with major updates including roof, windows, gutters, HVAC, furnace,

    Anne Godwin Insight Real Estate

    1020 E Jones St, Raleigh, NC 27601

Why Live in Oakwood

Oakwood, one of Raleigh’s oldest neighborhoods, showcases preserved 19th-century architecture along tree-lined streets. Adjacent to downtown Raleigh, Oakwood offers a residential feel while being steps away from the city center. The neighborhood features a variety of historic homes, including Queen Anne, Victorian and Neoclassical Revival styles, as well as smaller bungalows and New Traditional homes. Preservation is a key focus, with changes to home exteriors requiring approval from the city’s Historic Development Commission.

Oakwood is served by highly rated Wake County schools, including Powell Elementary School, Conn Magnet Elementary School, Oberlin Middle School and Broughton High School. The area is also home to Saint Augustine’s University and William Peace University, with North Carolina State University about 2 miles away. Local features include the Historic Oakwood Cemetery, Oakwood Commons Park, and popular dining spots like SmokeStacks Cafe and Side Street Restaurant. Community events such as the annual Candlelight Tour and the Garden Club Tour highlight the neighborhood's historic and communal spirit.

Commuting is convenient with options to walk or bike to downtown Raleigh, and GoRaleigh buses servicing the area. While most homes lack garages, private driveways, off-street parking and surface lots provide ample parking options.

Frequently Asked Questions

Is Oakwood a good place to live?
Oakwood is a good place to live. Oakwood is considered somewhat walkable and bikeable with some transit options. Oakwood is a suburban neighborhood. Oakwood has 6 parks for recreational activities. It is somewhat dense in population with 11.0 people per acre and a median age of 39. The average household income is $143,733 which is above the national average. College graduates make up 66.7% of residents. A majority of residents in Oakwood are renters, with 50.4% of residents renting and 49.6% of residents owning their home. A local real estate agent serving Oakwood can help you decide if this neighborhood is the right one for you. Learn more on our Oakwood neighborhood guide.
Is Oakwood, NC a safe neighborhood?
Oakwood, NC is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Oakwood?
The median home price in Oakwood is $824,900. If you put a 20% down payment of $165,000 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $4,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $178K a year to afford the median home price in Oakwood. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Oakwood is $144K.
What are the best public schools in Oakwood?
The best public schools that serve Oakwood are:
What are the best private schools in Oakwood?
The best private schools that serve Oakwood are:
  • Saint Mary's School has an A+ Niche grade, a student teacher ratio of 4:1 and an average review score of 4.6.
  • Cathedral School has a student teacher ratio of 17:1 and an average review score of 3.8.
What are the most popular zip codes in Oakwood, Raleigh, NC?
The most popular zip codes in Oakwood, Raleigh, NC include 27601, 27604, 27610, 27603 and 27605.
What are the most popular neighborhoods near Oakwood, Raleigh, NC?
The most popular neighborhoods near Oakwood, Raleigh, NC are Oakwood Park, Olde East Raleigh, College Park, Capital District and Mordecai.
Are home prices dropping in Oakwood?
Yes, home prices in Oakwood are down 6% in the last 12 months.

Home Trends in Oakwood, NC

Housing Trends

Median Sale Price
$750,000
Median Single Family Sale Price
$750,000
Median Townhouse Sale Price
$1,185,000
Average Price Per Sq Ft
$405
Number of Homes for Sale
9
Last 12 months Home Sales
26
Months of Supply
4.20
Median List Price
$824,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
0%
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