Historic Oakwood Home Sales
2011
Historic Oakwood is one of the best known historical neighborhoods in Raleigh. The Oakwood area began its development in the 1870's. The development grew slowly with most homes being built between 1870 and 1930.
Oakwood was originally home to the city's middle class business owners and politicians who worked in downtown Raleigh and could walk home to Oakwood in the evenings.
Today the neighborhood of Oakwood and many of its restored homes, are listed on the National Register of Historic Places.
A home in Oakwood can be priced anywhere between the high $200,000 to over a million.
As the only intact nineteenth century neighborhood in Raleigh, living in Historic Oakwood is lifestyle choice. The community is warm, close, eclectic, and fun. Oakwood is wonderful.
In 2011, 18 homes sold in Oakwood. The average sales price was $340,389 with an average price per square foot of $163. It took, on average, 249 days to sell a home in this Historic Raleigh subdivision. Homes sold in Oakwood averaged 92.4% of the asking price in 2011.
The year built is always important with homes in historic or unique areas. The age of homes that sold in Oakwood in 2011 ranged from the oldest which was built in 1890 (502 Polk Street) to the newest, 515 Pace Street, that was built in 2011.
Oakwood Homes Sold in 2011
| Address |
List Price |
Sale Price |
Beds |
Baths |
Home s.f.* |
SP/s.f.* |
DOM* |
Sold Date |
| 502 Polk Street |
$399,900 |
$345,000 |
3 |
2.5 |
2286 |
$151 |
122 |
1/03/11 |
| 216 Selwyn Alley |
$70,000 |
$40,000 |
3 |
1 |
880 |
$45 |
604 |
3/15/11 |
| 541 Pace Street |
$425,000 |
$415,000 |
4 |
2.5 |
2368 |
$175 |
258 |
4/04/11 |
| 317 Oakwood Avenue |
$545,000 |
$545,000 |
4 |
2.5 |
2715 |
$201 |
30 |
6/15/11 |
| 304 Linden Avenue |
$350,000 |
$345,000 |
3 |
2 |
1800 |
$192 |
213 |
6/23/11 |
| 706 N East Street |
$415,000 |
$395,000 |
4 |
3 |
2529 |
$156 |
60 |
6/30/11 |
| 529 N East Street |
$449,999 |
$440,000 |
3 |
2.5 |
2435 |
$181 |
111 |
7/18/11 |
| 518 E Lane Street |
$399,000 |
$290,000 |
3 |
2 |
2080 |
$139 |
172 |
8/05/11 |
| 534 E Jones Street |
$289,900 |
$269,000 |
2 |
1 |
1301 |
$207 |
283 |
8/24/11 |
| 405 N East Street |
$429,900 |
$406,000 |
3 |
2 |
2037 |
$199 |
32 |
8/26/11 |
| 308 Pace Street |
$350,000 |
$332,500 |
3 |
2 |
1531 |
$217 |
158 |
9/09/11 |
| 515 Pace Street |
$450,000 |
$430,000 |
4 |
2.5 |
2375 |
$181 |
18 |
9/30/11 |
| 610 Lane Street |
$550,000 |
$525,000 |
5 |
3 |
2976 |
$176 |
339 |
10/12/11 |
| 528 Moseley Lane |
$199,423 |
$198,500 |
3 |
2 |
1038 |
$191 |
5 |
10/14/11 |
| 1813 Oakwood Avenue |
$59,500 |
$55,000 |
3 |
1.5 |
1100 |
$50 |
217 |
10/31/11 |
| 312 Oakwood Avenue |
$449,500 |
$430,000 |
3 |
2.5 |
2300 |
$187 |
1034 |
11/01/11 |
| 403 E Edenton Street |
$450,000 |
$445,000 |
4 |
3.5 |
3340 |
$133 |
659 |
11/18/11 |
| 534 N East Street |
$228,000 |
$221,000 |
3 |
1 |
1391 |
$159 |
169 |
12/15/11 |
| Average |
$361,623 |
$340,389 |
3 |
2.5 |
2027 |
$163 |
249 |
* s.f = square feet
* SP/s.f. = sales price per square foot
* DOM = Days On Market
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Oakwood Homes Sales In 2011
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