Five Points

Raleigh, NC

Neighborhood Market Analysis

Q3 2025 Report
$725,000 (Five Points, July 2025 estimate; higher than Raleigh city median of $435,500-$460,000)[2][4]
Median Home Price
74–82 (Very walkable, especially near Glenwood Ave and Fairview Rd)
Walkability Score
Public schools are highly rated (7–9/10 on GreatSchools); private options are sought-after.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Glenwood Avenue to the south, Fairview Road to the west, Whitaker Mill Road to the north, and Wake Forest Road to the east. Includes sub-neighborhoods such as Hayes Barton, Bloomsbury, Vanguard Park, Roanoke Park, and Georgetown.

Zip Codes

2760827609

Market Data Summary

Price Range$550,000–$1,400,000+ (depending on sub-neighborhood, lot size, and renovation level)
Price per Sq Ft$390–$520 (Five Points, July 2025 estimate)
Inventory LevelsLow (1.5–2.2 months), consistent with Raleigh’s overall seller’s market[1].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesHistoric bungalowsCraftsman cottagesColonial RevivalsTownhomes (limited)

Architectural Styles

1920s–1940s CraftsmanColonial RevivalTudor RevivalCape CodModern infill (select lots)

Property Details

Typical Lot Sizes0.15–0.35 acres (larger in Hayes Barton, smaller in Roanoke Park/Bloomsbury)
Home Age Range1920s–1940s (historic core); 2010s–2020s (select infill/new construction)
Construction QualityHigh for historic homes; many have been updated/restored. Newer infill homes are typically luxury-grade.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly professional, highly educated residents; median household income well above Raleigh average. Mix of families, young professionals, and established residents.

Community Vibe

Historic, charming, close-knit, and walkable. Strong neighborhood identity with active civic associations.

Typical Residents

  • Young families
  • Established professionals
  • Retirees
  • Creative professionals

Family Friendly

Very family-friendly; walkable to parks, playgrounds, and top-rated schools. Community events and block parties are common.

Amenities & Lifestyle

Parks & Recreation

  • Roanoke Park
  • Five Points Center for Active Adults
  • Jaycee Park (nearby)

Dining Options

  • Mandolin
  • Hayes Barton Cafe
  • Lilly’s Pizza
  • Bloomsbury Bistro

Shopping Centers

  • Glenwood Village Shopping Center
  • Local boutiques along Glenwood Ave

Local Businesses

  • Rialto Theater
  • NoFo @ the Pig
  • Lilly’s Pizza
  • Hayes Barton Cafe
  • Third Place Coffee

Education & Schools

Public schools are highly rated (7–9/10 on GreatSchools); private options are sought-after.
Overall School Rating

Elementary Schools

  • Underwood Elementary
  • Root Elementary

Middle Schools

  • Daniels Middle School

High Schools

  • Broughton High School

Private Schools

  • St. David’s School
  • Ravenscroft (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • GoRaleigh bus routes along Glenwood Ave and Whitaker Mill Rd

Major Roads

  • Glenwood Avenue (US-70)
  • Fairview Road
  • Whitaker Mill Road
  • Wake Forest Road

Commute & Walkability

Commute Times5–10 minutes to downtown Raleigh; 20–25 minutes to RTP; 15–20 minutes to RDU Airport.
WalkabilityHigh in core Five Points; moderate in outlying blocks.
ParkingOn-street parking is common; some homes have driveways or detached garages.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Families with school-age children
  • Executives relocating from out-of-state
  • Empty nesters seeking walkability

Key Selling Points

  • Historic charm and architecture
  • Walkability to dining and shops
  • Top-rated schools
  • Tight-knit, active community

Pricing Considerations

Price competitively based on recent renovated home sales; premium for move-in ready and walkable locations.

Common Objections & Response Strategies

Objection: Older homes may need repairs or updates.

Response Strategy:

Highlight recent renovations, pre-listing inspections, and availability of local contractors specializing in historic homes.

Objection: Limited parking or no garage.

Response Strategy:

Emphasize walkability, on-street parking availability, and proximity to transit options.

Objection: Higher price point compared to other Raleigh neighborhoods.

Response Strategy:

Showcase long-term appreciation, school quality, and unique lifestyle amenities.

Investment Insights

Investment Potential

Appreciation Potential

Strong long-term appreciation due to historic character, walkability, and central location. Outpaces Raleigh average in most years.

Rental Demand

High, especially for renovated homes and those near Glenwood Ave. Attracts executive and short-term tenants.

Buyer Competition

Moderate to high; multiple offers are common for well-priced, move-in ready homes.

Best For

  • Move-up buyers
  • Young families
  • Executives relocating to Raleigh
  • Investors seeking stable appreciation

Potential Concerns

  • Older homes may require ongoing maintenance
  • Limited inventory and high entry price
  • Parking can be tight on some streets

Professional Recommendations

1

Leverage historic home expertise and local contractor relationships.

2

Network with relocation specialists and corporate HR departments.

3

Host neighborhood walking tours to showcase amenities and community vibe.

4

Highlight school ratings and walkability in all marketing materials.

5

Prepare buyers for competitive offers and limited inventory.

Competitive Analysis

Comparable Markets

  • Cameron Park
  • Mordecai
  • Oakwood
  • North Hills

Market Positioning

Premium, historic, walkable neighborhood for discerning buyers seeking character and community.

Competitive Advantages

  • Superior walkability
  • Historic architecture
  • Proximity to downtown and Midtown

Price Comparison

Five Points commands a 20–35% premium over Raleigh median prices due to location and historic appeal.

Investment Metrics

3.8–4.5% (lower than city average, reflecting premium pricing and stability)
Cap Rates
3.2–3.8% gross yield (higher for smaller homes or ADUs)
Rental Yields
22–26 (reflects high owner-occupancy and premium rents)
Price-to-Rent
Modest for long-term rentals; stronger for furnished executive or short-term rentals.
Cash Flow
5–7% annualized over next 3–5 years, barring major economic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to high entry price; best suited for buyers with strong financials or family assistance.

Move-Up Buyers

Ideal for those seeking more space, walkability, and school quality; many buyers are moving from other Raleigh neighborhoods.

Downsizers

Attractive for empty nesters seeking charm and walkability, though limited single-level options.

Investors

Best for long-term appreciation or executive rental; not ideal for high cash flow.

Relocators

Highly desirable for out-of-state buyers seeking lifestyle, schools, and central location.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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