Wandering Wednesday | Downtown South
Time for the next installment of our “Wandering Wednesday” series, where we're diving into the exciting neighborhood just south of Downtown Raleigh!
From the real estate market to a sneak peek of future development plans, fun activities, and delightful dining spots, there's so much to discover. Don’t snooze on Downtown South.
Come along on a virtual tour as we share the treasures of this vibrant area!
🕰️ Exciting Future Plans 🕰️
While this neighborhood is currently known for its great skyline views and Raleigh institutions like Earp's Seafood Market and the NC State Farmer's Market, there are exciting changes on the horizon. Kane Realty's Downtown South project, approved in late 2020, is set to transform the area. This 140-acre project includes plans for residential, office, hotel, and retail spaces, as well as a music hall. You can learn more about this ambitious project by visiting downtownsouth.com.
🏘️ The Market 🏘️
Let's take a look at what’s currently happening with the real estate market in the area. Here are some key stats from the last 30 days as of August 30, 2023:
Currently, there are 21 active listings.
An impressive 29 listings are pending.
14 units have been successfully sold.
The average days on the market? Just 11!
The median active list price stands at an affordable $372,000.
In recent months, the median sale price was $312,500.
What's unique about this neighborhood is its diverse range of homes, encompassing historic bungalows, new construction, and everything in between.
✅ Things to Do ✅
This neighborhood offers a plethora of outdoor activities, with excellent Greenway access, the fields and festivals at Dorothea Dix Park, and the bustling NC State Farmer's Market. See our highlights of the Farmer’s Market!
Don't miss the chance to explore NC State University's Centennial Campus and visit the Book Bot at the Hunt Library, or enjoy a concert or walk by the serene Lake Raleigh.
🥙 Where to Eat & Drink 🍻
There are so many great spots to put on your list:
Sweet tooth? Slice Pie Company is an outstanding choice for delicious treats for all ages!
If you're a coffee lover who enjoys the company of cute cats, Purr Cup Cafe is a must-visit.
For a different kind of brew, head to Trophy Brewing's Taproom or Riparian Provision Co.
Seafood enthusiasts will find joy at Earp's Seafood Market and the NC Seafood Restaurant - both Raleigh institutions.
And, of course, don't forget the State Farmers Market Restaurant, serving early morning breakfast through late lunch with fresh, NC-based products and "down-home" favorites.
If you're eager to explore this neighborhood further or have any questions about real estate in the area, please feel free to message us. We'd love to be your guide in uncovering the hidden gems just south of Downtown Raleigh!