Neighborhood report · September 2026

Chestnut Hills

Raleigh, Wake County, NC

Median sale price · 12 mo
$1475K−28.0%
102 days+292%
Days on market
100.0%+0.0%
Sale-to-list
39%+8%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo13
Active listings8
Median sale price$1475K
Latest saleJul 2026

Doorify MLS · live, trailing 12 months.

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156
sold in Raleigh
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sold / list
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avg days on mkt

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Recent sales in Chestnut Hills

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
1004 Collins Drive
Raleigh 27609
SFH4/32,052$740k$3613ClosedSee more →
812 Manchester Drive
Raleigh 27609
SFH6/66,455$3.00M$465118ClosedSee more →

Showing 2 of 2 listings in Chestnut Hills · last 3 months. Click any row for full details.

Market health

Chestnut Hills · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$1475K 28%

Down 28% over the past year.

Days on market
102 days 292%

Taking 292% longer to sell than a year ago.

List-to-sale ratio
100.0% 0%

Closing nearer asking than a year ago.

Listings w/ price cut
39% 8%

More price cuts than a year ago.

Months of inventory
7.4months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 14% / mo · This neighborhood.

Best month to list

When homes here sell fastest, for the most.

J
F
M
A
M
J
J
A
S
O
N
D

Listings peak in November — the widest selection of the year here.

What sells here (bed/bath)
  • 4 bd46%
  • 5+ bd54%
New construction vs. resale
31%
69%
New constructionResale
Sale price spread
  • $600–800K15%
  • $800K–1M8%
  • $1M +77%

Market and sales data from Doorify MLS, trailing 12 months. The matched agent’s identity is released only after a signed referral agreement.