Interested in making a move to the Research Triangle? The Triangle of North Carolina is made up of Raleigh, Durham and Chapel Hill. This area of North Carolina attracts new residents every day with its young, diverse and educated demographic. It’s no wonder as three prestigious universities reside in this part of the country—North Carolina State University, Duke University and the University of North Carolina at Chapel Hill. Picking the right neighborhood is a big decision. Both Raleigh and Durham have a wide range of neighborhoods for every budget. We recommend looking at several different neighborhoods, so you can compare and contrast what works best for you. Having options will make the search for a new home a little less stressful. We at Tomo wanted to elevate a tiny bit of that stress so we created a short list of the best neighborhoods. Our list is sorted by the highest growth within that neighborhood, based on median closing prices, over the past three years.
Here is Tomo’s list of the best neighborhoods in Raleigh and Durham.
| Neighborhood | Median Closing Price | Median 3 year Closing Price | % Change |
|---|---|---|---|
| Middle Creek, Garner, West Raleigh | $675,000 | $440,000 | 53.4% |
| Farrington, Outer Chapter Hill, South Durham | $800,000 | $528,009 | 51.5% |
| Glenwood, North Hills, Midtown Raleigh | $710,000 | $485,500 | 46.2% |
| White Oak, King Charles, Shotwell | $360,000 | $246,500 | 46.0% |
| Williams, South Durham, South Point | $500,000 | $350,000 | 42.9% |
| Oakwood, Mordecai, Oakwood Park | $390,000 | $275,000 | 41.8% |
| RTP, Eastern Durham, Campus Hills | $442,265 | $315,500 | 40.2% |
| Glenwood, West Raleigh, Umstead | $775,000 | $561,750 | 38.0% |
| Boylan Heights, Warehouse District, Capital District | $466,000 | $349,972 | 33.2% |
| Glenwood, Sunset Hills, Five Points | $978,000 | $738,650 | 32.4% |
Chatham
This beautiful 5 bedroom/3.5 bath home located in the Jordan Lake subdivision is expertly crafted—with a screen porch, chef’s kitchen, and all hardwood floors in the downstairs rooms. This neighborhood ranked second on our list—with a 52% growth in the median closing price over the last three years.
Methodology
We looked at the median home close price by zip code during March, 2024 and compared that to the median home close price over the prior three years to determine the percent growth. We then ranked the zip codes, within each state, to determine which neighborhood had the highest percent change (essentially the highest growth).
Want to see other best neighborhoods?
For more information on other cities or neighborhoods in this series, look no further than Best Neighborhoods in Chicago, Tampa, DC, Charlotte, Phoenix, Orlando, Fairfield or Seattle. Still settled on moving to the Triangle area, see the latest Raleigh or Durham listings.
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