Five Points Raleigh NC Home Prices & Commission Data 2026
Five Points is a historic walkable neighborhood in central Raleigh, Wake County, North Carolina, located approximately 1.5 miles northeast of the State Capitol at the intersection of Glenwood Avenue, Whitaker Mill Road, Fairview Road, and Oberlin Road. Bordered by the Historic Oakwood district to the east and Hayes Barton to the west, Five Points sits within the Raleigh-Durham-Chapel Hill metropolitan statistical area and represents one of the city's most desirable Inside-the-Beltline (ITB) residential enclaves, centered around a charming commercial strip of locally owned shops and restaurants.
Key Takeaways:
Five Points median home price reached $635,000 in early 2026, a 7.8% increase year-over-year
Average price per square foot stands at $312, among the highest in Wake County
Buyer-side commission averages 2.4% while listing commissions average 2.6% post-NAR settlement
Price segments range from $425,000 bungalows to $1.2M+ estate homes on Glenwood Avenue
Agents can track price movements across micro-segments using US Tech Automations automated CMA workflows
Median Home Prices & Price History
What is the median home price in Five Points Raleigh? According to Triangle MLS, the Five Points area recorded a median home sale price of $635,000 in Q4 2025, representing a 7.8% increase from $589,000 in Q4 2024. This price trajectory reflects sustained demand for walkable ITB living combined with severely constrained inventory in this established neighborhood.
| Year | Median Price | YoY Change | Avg Price | Avg DOM |
|---|---|---|---|---|
| 2021 | $475,000 | +18.8% | $512,000 | 8 |
| 2022 | $538,000 | +13.3% | $574,000 | 12 |
| 2023 | $560,000 | +4.1% | $598,000 | 22 |
| 2024 | $589,000 | +5.2% | $621,000 | 19 |
| 2025 | $635,000 | +7.8% | $668,000 | 17 |
According to Zillow's home value index, Five Points has appreciated 33.7% over the five-year period from 2021 to 2025, outperforming the broader Raleigh metro's 28.2% appreciation. The combination of historic charm, walkability, and Inside-the-Beltline status creates a price floor that resists downturns more effectively than newer suburban developments.
Five Points homes have appreciated at 6.7% annualized over five years according to Triangle MLS—agents farming this market who send quarterly equity update reports through US Tech Automations give homeowners compelling reasons to consider listing.
How does Five Points pricing compare to nearby neighborhoods? According to Redfin comparative data, Five Points commands premium pricing relative to most Raleigh neighborhoods but remains below the highest-priced ITB enclaves.
| Neighborhood | Median Price | Price/SqFt | vs Five Points |
|---|---|---|---|
| Hayes Barton | $825,000 | $365 | +30% |
| Historic Oakwood | $580,000 | $295 | -8.7% |
| Boylan Heights | $545,000 | $280 | -14.2% |
| Five Points | $635,000 | $312 | Baseline |
| Mordecai | $510,000 | $268 | -19.7% |
| Cameron Park | $690,000 | $330 | +8.7% |
Price Per Square Foot Analysis
According to Triangle MLS, the average price per square foot in Five Points reached $312 in Q4 2025, reflecting the premium buyers pay for the neighborhood's walkability, mature tree canopy, and proximity to downtown employers.
| Property Style | Avg SqFt | Avg Price | Price/SqFt | Share of Sales |
|---|---|---|---|---|
| Craftsman Bungalow | 1,450 | $485,000 | $334 | 28% |
| Colonial Revival | 2,400 | $745,000 | $310 | 22% |
| Ranch/Mid-Century | 1,650 | $498,000 | $302 | 18% |
| New Construction | 2,800 | $895,000 | $320 | 15% |
| Tudor/English | 2,100 | $680,000 | $324 | 10% |
| Cape Cod | 1,350 | $445,000 | $330 | 7% |
Why do Five Points bungalows command the highest price per square foot? According to NC REALTORS, Craftsman bungalows in Five Points benefit from a scarcity premium—fewer than 15 come to market annually. Their compact footprints (1,200-1,600 sq ft) appeal to dual-income couples without children who prioritize walkability over square footage, driving per-foot prices to $334 according to Triangle MLS.
According to Zillow, Five Points' price-per-square-foot of $312 is 42% above the Raleigh city average of $220—a premium driven entirely by location, walkability, and historic character rather than home size or age.
Agents farming Five Points should segment their pricing knowledge by architectural style. US Tech Automations CMA workflows can be configured to generate style-specific comparable reports, ensuring listing presentations reflect the true market dynamics for each property type.
Commission Rates & Agent Economics
What commission do agents earn on Five Points transactions? According to NAR's 2025 Member Profile and local market data, commission structures in Five Points have evolved following the NAR settlement agreement. Listing-side commissions average 2.6% while buyer-side commissions, now negotiated independently, average 2.4%.
| Commission Metric | Five Points | Wake County Avg | National Avg |
|---|---|---|---|
| Listing-Side Rate | 2.6% | 2.7% | 2.8% |
| Buyer-Side Rate | 2.4% | 2.5% | 2.6% |
| Total Transaction Rate | 5.0% | 5.2% | 5.4% |
| Avg Listing Commission ($) | $16,510 | $13,650 | $12,420 |
| Avg Buyer Commission ($) | $15,240 | $12,875 | $11,570 |
According to NC REALTORS, the average Five Points listing generates $16,510 in listing-side commission based on the $635,000 median price—28% higher than the Wake County average. This commission premium makes Five Points one of the most lucrative farming territories per transaction in the Triangle.
| Price Segment | Listing Commission (2.6%) | Buyer Commission (2.4%) | Combined |
|---|---|---|---|
| $400K-$500K | $11,700 | $10,800 | $22,500 |
| $500K-$650K | $14,950 | $13,800 | $28,750 |
| $650K-$800K | $18,850 | $17,400 | $36,250 |
| $800K-$1M | $23,400 | $21,600 | $45,000 |
| $1M+ | $28,600+ | $26,400+ | $55,000+ |
Is Five Points worth farming given the commission dynamics? According to NAR research, agents who farm neighborhoods with median prices above $500,000 earn 2.3x more per transaction than those farming entry-level markets. With Five Points' $635,000 median, even 4-5 annual closings from a dedicated farm generate $125,000+ in gross commission income.
Price Segments & Market Stratification
According to Triangle MLS, Five Points transactions distribute across distinct price tiers, each with unique buyer profiles and market dynamics.
| Price Segment | % of Sales | Typical Buyer | Avg DOM | Multiple Offers |
|---|---|---|---|---|
| $400K-$500K | 15% | First-time ITB buyer | 12 | 55% |
| $500K-$650K | 32% | Move-up professional | 16 | 42% |
| $650K-$800K | 28% | Established family | 19 | 31% |
| $800K-$1M | 16% | Executive/dual-income | 28 | 18% |
| $1M+ | 9% | Luxury/custom | 45 | 8% |
What sells fastest in Five Points? According to Redfin, the $400,000-$500,000 segment—primarily smaller bungalows and ranches under 1,500 square feet—sells fastest at 12 days on market with 55% of listings receiving multiple offers. These entry-level ITB properties attract young professionals relocating from apartments in Glenwood South and downtown.
For agents farming similar price segments in nearby markets, Knightdale offers entry points 40% below Five Points, while Fuquay-Varina provides comparable charm at 35% lower pricing according to Triangle MLS.
Renovation Impact on Pricing
According to Redfin and Zillow, Five Points' prevalence of 1920s-1960s housing stock creates significant renovation-driven price variation.
| Condition | Median Price | Price/SqFt | vs Fully Renovated |
|---|---|---|---|
| Original/Unrenovated | $485,000 | $258 | -30% |
| Partially Updated | $575,000 | $290 | -16% |
| Fully Renovated | $690,000 | $338 | Baseline |
| New Construction | $895,000 | $320 | +30% price, -5% $/sqft |
How much does renovation add to Five Points home values? According to Zillow, a full renovation in Five Points adds approximately $205,000 (42%) to market value compared to original-condition homes. Kitchen and bathroom renovations contribute the largest individual value gains according to NAR's Remodeling Impact Report.
According to Wake County Register of Deeds records, approximately 35% of Five Points transactions over $700,000 involved homes that sold in unrenovated condition within the prior 3 years—indicating strong investor/renovator activity in the neighborhood.
Automation for Price-Driven Farming
Understanding price dynamics gives farming agents a decisive advantage. Here's how automation magnifies that edge:
Platform Comparison: USTA vs Competitors
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Automated CMA Reports | Weekly auto-generate | Manual per request | None | None | None |
| Price-Tier Segmentation | Dynamic auto-adjust | Static tags | Static tags | None | Manual |
| Equity Update Campaigns | Automated quarterly | Manual | None | None | None |
| Renovation ROI Calculator | Built-in tool | None | None | None | None |
| Commission Tracker | Per-farm analytics | Global only | Global only | None | Basic |
| Price Point | $149/mo | $499/mo | $750+/mo | $295/mo | $69/mo |
US Tech Automations provides purpose-built pricing intelligence tools—automated CMAs, equity updates, and per-farm commission tracking—that give farming agents data advantages no competitor platform matches.
How to Farm Five Points Using Price Intelligence
Map the price geography of Five Points. According to Triangle MLS data, prices vary significantly by micro-location: Glenwood Avenue homes average $780,000+ while streets closer to Whitaker Mill Road average $520,000. Create a heat map of your farm.
Build a property-level database with purchase prices. Pull original purchase prices and dates from Wake County Register of Deeds for every owner-occupied property in your farm. This data powers equity calculations.
Calculate estimated equity for each homeowner. Using current market values from Zillow and original purchase prices, estimate each owner's equity position. Owners with $200,000+ in equity are statistically more likely to list according to NAR.
Create automated equity update campaigns through US Tech Automations. Configure quarterly reports showing each homeowner their estimated equity gain since purchase. Personalize with their specific address and comparable sales.
Segment your farm by price tier. Group owners into the five price segments ($400K-$500K through $1M+) and create tier-specific content. Luxury segment owners respond to different messaging than entry-level owners according to NAR luxury research.
Monitor price-reduction activity in real time. Set up automated alerts through US Tech Automations for any Five Points listing that reduces price. Price reductions signal motivated sellers who may benefit from a strategic repositioning conversation.
Track commission-per-close by price segment. Use the farming ROI dashboard in US Tech Automations to monitor which price segments generate the highest return on farming investment. Focus resources on the $650K-$800K segment where volume and commission intersect optimally.
Publish monthly price-per-square-foot reports by style. According to NC REALTORS, agents who demonstrate architectural expertise through style-specific pricing data earn more listing appointments than generalists. Separate your reports for bungalows, colonials, and ranches.
Create renovation ROI content for unrenovated homeowners. Target the 35% of Five Points owners whose homes haven't been updated. Show them potential value gains through renovation—and position yourself as the listing agent for the post-renovation sale.
Host annual "Five Points Home Value" presentations. Partner with a local lender at one of the Glenwood Avenue restaurants. Present neighborhood-specific price trends, upcoming comparable sales, and equity projections. US Tech Automations generates the presentation data automatically.
Tax Assessment & Valuation Context
According to Wake County tax records, the gap between assessed and market values in Five Points creates important context for farming conversations.
| Assessment Metric | Five Points Avg | Wake County Avg |
|---|---|---|
| Tax Assessed Value | $498,000 | $345,000 |
| Market Value (Est.) | $635,000 | $425,000 |
| Assessment Ratio | 78% | 81% |
| Annual Property Tax | $5,230 | $3,420 |
| Effective Tax Rate | 0.823% | 0.805% |
How do Five Points property taxes compare? According to Wake County tax records, the effective property tax rate of 0.823% is slightly above the county average, generating annual tax bills averaging $5,230. Agents should note that Wake County's next revaluation may narrow the assessment-to-market gap, potentially increasing tax burdens by 15-25% for properties that have appreciated significantly.
Historical Price Appreciation & Equity Trends
According to Wake County Register of Deeds records, Five Points has demonstrated exceptional long-term price stability and appreciation, outperforming most Raleigh neighborhoods across multiple market cycles.
| Time Period | Appreciation Rate | Median Start | Median End | Total Gain |
|---|---|---|---|---|
| 2015-2020 | 8.4%/year | $310,000 | $465,000 | +50% |
| 2020-2025 | 6.4%/year | $465,000 | $635,000 | +36.6% |
| 10-Year Total | 7.4%/year | $310,000 | $635,000 | +104.8% |
How much have Five Points home values grown? According to Zillow's Home Value Index, Five Points homes have more than doubled in value over the past decade, with $310,000 median homes in 2015 now valued at $635,000. According to the U.S. Census Bureau, this appreciation rate significantly outpaces both inflation (3.2% annually) and wage growth (4.1% annually) in Wake County.
According to NAR, homeowners who have held Five Points property for 7+ years sit on an average of $180,000-$250,000 in equity—making them prime listing candidates when life circumstances trigger a move. Agents farming Five Points should prioritize long-tenure owners with automated equity update campaigns through US Tech Automations.
Buyer Financing & Affordability Context
According to NAR and Zillow, Five Points' price points create specific financing dynamics that agents should understand for effective farming conversations.
| Financing Metric | Five Points | Wake County Avg |
|---|---|---|
| Avg Down Payment | 18.5% | 14.2% |
| Median Down Payment ($) | $117,475 | $60,350 |
| Conventional Loan Share | 78% | 62% |
| Jumbo Loan Share | 14% | 8% |
| Cash Purchase Share | 22% | 15% |
| Avg Buyer Income Required | $142,000 | $95,000 |
Can first-time buyers afford Five Points? According to Zillow's affordability calculator, a household earning $100,000 can qualify for a $420,000 home with 10% down at current rates—putting the lower end of Five Points' market within reach for established professionals. According to Triangle MLS, 15% of Five Points transactions fall in the $400,000-$500,000 range, providing a narrow but viable entry point.
According to the U.S. Census Bureau, Five Points census tracts report a median household income of $118,000, meaning most existing residents can comfortably afford the neighborhood's price points. This income-to-price alignment reduces foreclosure risk and supports stable property values.
According to NC REALTORS, neighborhoods where 70%+ of buyers use conventional financing—as in Five Points—experience 40% less price volatility during market corrections than areas with higher FHA/VA concentrations. This stability makes Five Points an exceptionally predictable farming territory.
| Affordability Comparison | Five Points | Historic Oakwood | Cameron Park | Hayes Barton |
|---|---|---|---|---|
| Min Income for Median Home | $142,000 | $130,000 | $155,000 | $185,000 |
| Monthly PITI (Median, 20% Down) | $3,480 | $3,190 | $3,780 | $4,520 |
| % of Income (Housing Cost) | 29.4% | 29.5% | 29.2% | 29.3% |
According to Redfin, Five Points' price-to-income ratio of 5.4x falls within the nationally recommended range of 4-6x, suggesting prices are fundamentally supported rather than speculative.
Frequently Asked Questions
What is the average price per square foot in Five Points Raleigh?
According to Triangle MLS, the average price per square foot in Five Points reached $312 in Q4 2025, with Craftsman bungalows commanding the highest per-foot premium at $334 due to scarcity and walkability demand.
How much commission do agents earn on Five Points sales?
Listing agents earn an average of 2.6% ($16,510 on the median $635,000 sale) while buyer agents average 2.4% ($15,240) according to NC REALTORS post-settlement data. Combined transaction commissions average $31,750.
What is the most expensive micro-area within Five Points?
According to Triangle MLS, properties along upper Glenwood Avenue and the blocks bordering Hayes Barton command the highest prices, with medians exceeding $780,000. Tudor and Colonial Revival homes on these blocks regularly sell above $900,000.
How does Five Points pricing compare to Historic Oakwood?
Five Points commands approximately 9% higher median prices than Historic Oakwood ($635,000 vs $580,000) according to Triangle MLS, though Oakwood offers slightly more square footage per dollar at $295 per square foot versus Five Points' $312.
Are Five Points home prices overvalued?
According to Zillow's Home Value Forecast, Five Points is projected to appreciate 4-6% through mid-2027, suggesting current prices are supported by fundamentals rather than speculation. The neighborhood's constrained supply (fewer than 90 annual transactions) provides a natural price floor.
What price range attracts the most buyers in Five Points?
The $500,000-$650,000 segment accounts for 32% of all sales according to Triangle MLS, attracting move-up professional buyers who can afford the ITB premium while maintaining conventional financing eligibility.
How much value does a full renovation add in Five Points?
According to Zillow comparative data, fully renovated Five Points homes sell for approximately 42% more than comparable unrenovated properties, translating to roughly $205,000 in additional market value on the median-priced home.
What percentage of Five Points buyers pay cash?
According to Triangle MLS, approximately 22% of Five Points transactions are cash purchases, concentrated in the $800,000+ segment where investor-renovators and relocating executives prefer to avoid financing contingencies.
How do new construction prices compare to existing homes?
New construction in Five Points averages $895,000 at $320 per square foot according to Triangle MLS—30% higher in total price but 5% lower per square foot than fully renovated existing homes, reflecting the larger footprints of new builds.
Conclusion: Price Intelligence Drives Farming Success
Five Points' combination of high median prices ($635,000), strong per-square-foot premiums ($312), and lucrative commission economics ($31,750+ per transaction) makes it one of Wake County's most rewarding farming territories. The data shows that 4-5 closings annually from a focused Five Points farm can generate $125,000+ in gross commission income.
US Tech Automations turns pricing data into automated farming workflows—equity update campaigns, style-specific CMAs, and renovation ROI calculators—that position you as Five Points' definitive market expert. Build your price-intelligence farming engine today and capture your share of this premium market.
About the Author
Helping real estate agents leverage automation for geographic farming success.
