Oakwood
Raleigh, North Carolina Homes for Sale
About Oakwood
Quick Facts
Current Prices: $575,000 to $1,900,000
Closed Prices: $229,995 to $2,100,000
Median Sale Price: $545,000
Average $ per sq ft: $363
Association Fee Ranges: $0 to $200/mo, $0
Type: Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home
Age: 1876 to 2021
Sq. Ft.: 763 to 4899 Sq. Ft.
Bedrooms: 1 to 8 Bedrooms
Bathrooms: 1 to 5 Bathrooms
Around Oakwood
Oakwood is mostly single-family properties, but there are some condos and townhomes. As Oakwood has changed in the last decade, new construction as well as restored historical homes have become more and more common. Oakwood is significantly more developed near downtown, but the rest of the neighborhood is slowly seeing updates as well.
Home prices in Oakwood have been on the rise, and the area is best for buyers with midrange to luxury budgets. The neighborhood’s older homes are the most affordable, though buyers may need to put in some work to bring them up to their full potential. There are some townhomes available as well, but newer units can be expensive due to their proximity to downtown.
Oakwood is mostly residential and only has a few cafes within its borders, but residents are never far from a good meal with Downtown Raleigh nearby. There’s plenty of great restaurants of all types, from simple American comforts to exceptional Asian, Mexican, and Lebanese fare.
Expect to see plenty of downtown traffic as well as lots of investment, development, and construction. Oakwood is one of Raleigh’s most sought after neighborhoods, so you’ll run into all kinds here among the gorgeous Victorian, Queen Anne, and Craftsman homes.
With its ease of access to downtown, Friday nights in Oakwood are perfect for exploring Raleigh’s nightlife. There are tons of options for bars, restaurants, and live entertainment. The IMAX Theater at Marble’s is also the best place to see the latest blockbuster.
Sunday mornings are easy for brunching at a local cafe or checking out some of the craft breweries just across Moore Square. The historic cemetery is also full of interesting monuments, and there are plenty of family-friendly museums as well as the North Carolina State Capitol a short walk away.
Since Oakwood is close to downtown, there are plenty of options for bikers or pedestrians. Bus stops are close no matter where you are in the neighborhood, which is great considering heavy downtown traffic. Getting out of downtown can be a hassle, but highway access is easy once you get onto the main roads.
Locals Love
- Community events
- Downtown access
- Beautiful homes
Locals Don't Love
- Limited housing selection
- Traffic
- Noise from downtown
Neighborhood Reviews
0 Reviewsbuyers and sellers in this neighborhood.