have you been frustrated by all the competition and soaring prices in the raleigh housing market
well on today's video we have 15 cities that may be the solution to all of your problems
hello everyone this is chris morton real estate broker with exp realty and on today's video we're
going to rank the 15 least competitive cities around raleigh north carolina sorted by how much
on average you have to pay over asking price to win the home which means you stand a better chance
winning the home of your dreams in one of these cities versus the rest of the triangle because
the average price you're gonna have to pay to win the home is a lot less in these cities and so
with that all out of the way let's get started with the number 15 city knightdale north carolina
the median home price for a home in knightdale is 371 000 and the average number of days a home is
on the market is four homes are selling for 6.6 percent over asking price in knightdale and what
makes knightdale such great demand is it's very close to raleigh you can be in downtown raleigh
really quickly it's very much an up-and-coming city with shopping restaurants grocery stores
and more and more coming all the time number 14 on our list is Wendell north carolina where the
average home price is 350 000 homes sit on the market for only five days in Wendell
and the average price you're going to have to pay above the listing price is 6.1 percent wendell
is a really really great city very much up and coming lots of new construction going on grocery
stores have just opened up publix has opened up your window falls right there at the interstate
again great little city nice downtown super close to night though you can be in knightdale in about
10 minutes to do your shopping you can be in downtown raleigh in about 15-20 minutes next up is
zebulon north carolina in the number 13 slot home prices on average are around 330 thousand dollars
in Zebulon with the average number of days a home sits on the market at five you can expect to pay
about five point eight percent over list price for a home in this city and what makes this such
a great place is it's truly small town america we've talked about zebulon on previous videos
great little town the negative of Zebulon is you're a little bit of a drive to get to downtown
raleigh and most certainly a quite the drive to get to research triangle park but if you work from
home or don't mind a commute zebulon can be quite the opportunity for you to grab a house in our
number 12 slot is hillsborogh north carolina where the average sales price is four hundred thousand
dollars homes sit on the market for around six days and homes are selling on average for around
five and a half percent over list price and again just as a reminder on average means that is the
average you can expect to pay sometimes for a really great house you're gonna pay more than
five and a half percent in hillsborogh and for an house you may pay less than five and a half
percent over asking price hillsborogh is a really really great town it's near chapel hill and is a
much less expensive alternative to chapel hill which comes in as one of our most competitive
cities in the triangle the negative of hillsborogh is if you are working in downtown raleigh or on
the eastern side of the triangle like knightdale window the drive is going to be hellacious to
get to from hillsborogh to your work if you're working in the research triangle park or durham
or chapel hill however probably a really really good option for you just no location it is on
the western side of the triangle and pretty much the closest thing you're going to find to it is
mebane which we're going to talk about in a minute and chapel hill next up in our 11th slot
is franklinton north carolina the median home price in franklinton is 314 000 and the average
number of days a home is sitting on the market in franklinton is only five you can expect to pay on
average about five percent over asking price for a home in franklinton franklinton is truly
becoming the alternative to wake forest a lot of new construction is moving out in that direction
negatives of franklin there's not a lot of restaurants not a lot of shopping grocery stores
that sort of thing there but you are pretty close to wake forest around 10 minutes or so
so it's not really that big of a hassle to just drive into wake forest to do your shopping
coming in at number 10 on our list is clayton north carolina where the median
sales price for a home is 366 000 homes are on the market in clayton for only about four days
and you can expect to pay somewhere around 4.6 on average over list price for a home here
clayton is one of our favorite suburbs of raleigh it's fairly close to raleigh you have the great
advantage of that has an amazing little downtown lots of new restaurants are coming there shopping
and there's a lot of the big box stores there as well it's truly becoming a bedroom community
if it hadn't already been a bedroom community of raleigh and especially a great place to live
if you work in the downtown part of raleigh number nine on our list is youngsville where the median
home price is 431 thousand dollars homes sit on the market in youngsville for only four days
as well and you can expect to pay on average 3.9 percent over asking price in youngsville just like
with franklinton youngsville is becoming sort of wake forest part two or really part three or four
you're only eight minutes away so you've got all of the advantages of wake forest
without the wake forest prices number eight on our list is mebane north carolina where the
median home price is three hundred twenty six thousand dollars homes are sitting on the market
in mebane for five days and the average amount you should expect to pay over list price in mebane is
three and a half percent mebane is in alamance county to the west of the triangle it's just now
becoming sort of part of the triangle a lot of people who work in the research triangle park or
in durham or chapel hill live in mebane because it's such a better value than chapel hill durham
morrisville carry apex and so it's really coming into its own there's lots of shopping in mebane
it is between raleigh and greensboro right on the interstate so you can imagine there's lots
of traffic going through there and so therefore lots of restaurants lots of big box stores really
really nice little town great little donut shops and restaurants and whatnot definitely somewhere
you want to consider especially if you work in the research triangle park number seven on our list is
lillington north carolina where the median home price is only 249 000. average data home is on
the market in lillington is about four and you can expect to pay around 3.2 percent over list price
for a home on average in lillington this is one of those cities that most people don't even consider
because if you look at it on a map it's really far from raleigh but again if you work from home or
don't mind a commute it can be a tremendous value 249 000 for the median home price is
tremendous definitely a great value compared to a lot of the other parts of the triangle number
six on our list is oxford north carolina where the median home price is 258 thousand dollars and you
can expect a home to sell within about five days homes are selling in oxford for about 3.2 percent
over the list price and this is a city to the north of raleigh way to the north of raleigh it's
slowly coming into its own as a place for people who don't mind that commute and really want that
great value that you're going to get it's about an hour from downtown raleigh so really
people who live in oxford are probably working in youngsville wake forest or oxford henderson area
but that being said for people who don't mind a commute into say north raleigh where you're
going to be like 45 minutes away it really has a great value number five on our list is louisburg
north carolina where the median home price is 257 000 and the number of days you can expect a home
to stay on the market is seven homes are selling for about 3.2 percent over list price on average
in louisburg and drive into raleigh is about an hour drive into wake forest is about 30 minutes
so again as you can imagine you're getting further and further out so ideal for someone
who works from home or doesn't mind a commute or works in wake forest or somewhere around there
driving to downtown raleigh would be pretty rough on a daily basis but again you're getting a great
value for your money the equation may work itself out where it may be worth doing that drive number
four on our list is smithfield north carolina where the median price for home is 262 000
average number of days a home is on the market in smithfield is six and you can expect to pay about
2.7 over the list price for a home smithfield is a cute little town to the south of clayton
again a great opportunity if you're looking for more bang for your buck it is a little bit of a
ways out you do have the interstate there so that will definitely help with your drive but know
that this is a commuter town not a town that you could take your bicycle to get to work most likely
unless of course you work in smithfield number three on our list is sanford north
carolina where the median home price is 262 000. homes are selling on average in about five days
and for about 2.3 percent on average over list price sanford is becoming a really hot buy in
the triangle it's about 45 minutes from downtown raleigh to the to the south of downtown raleigh
and about 30 minutes from holly springs to give you an idea how far away it is again great great
place to be if you are working from home or you're working on the southern side of the
triangle but if you're working say in wake forest probably not the best place for you to live you're
about an hour and a half from wake forest number two on our list is pittsboro north carolina the
median home price in pittsboro is 487 000 and you can expect a home to sell in about six days
the good news on average you're looking at about 2.1 percent that you're going to need to pay over
asking price to win a home in pittsboro just like with hillsboro pittsboro is a great alternative to
the much more expensive chapel hill and cardboard area a lot of new construction is headed out that
way between chapel hill and pittsboro is the mega neighborhood briar chapel and chatham park is
coming into pittsboro and is going to dramatically change this little town into a very large town
so yes 487 000 is a lot on average for a home especially compared to some of these
other cities on this list but if you work down in that area or you work in chapel hill
pittsboro is definitely some place that you might want to consider and number one on our list is
selma north carolina where the median home price is only two hundred and fifteen thousand dollars
home selling just about six days on average and believe it or not you can actually buy a home
for list price in selma on average meaning you're not having to pay over list price for a home
again this is on average there may be some homes that you're gonna have to be really competitive on
other homes that you don't have to be competitive on but yay you actually can pay list price for
once in a home in the triangle so although the positive of selma is you can get a lot of
home for your money the negative is you're about 40 minutes from downtown raleigh and about 45
minutes to research triangle park so if you need to commute into either those two places you're
going to burn up a lot of money on gasoline if you're considering a move either into or out of
the raleigh area my team and i would love to be your real estate agents of choice you can contact
us at hello at mortonbradbury.com or click on the link below please like and subscribe if
you haven't already done so and we'd love you to watch this video it's another video about
some of the raleigh suburbs with that being said we'll see you on the next one take care bye