$370,700
- Studio
- 1 Bath
- 972 sqft
116 Gilbert Ave, Raleigh, NC 27603
Est. Refi. Payment $2,158/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 30, 2005 for $55,000
Home Value
Trulia Estimate
$371KSince last month
Decreased$3K (-0.7%)Since last year
Increased$1K (+0.3%)Since last sale
Increased$316K (+574%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +230% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $371K |
| July 2026 | $374K |
| June 2026 | $381K |
| May 2026 | $385K |
| April 2026 | $387K |
| March 2026 | $379K |
| February 2026 | $381K |
| January 2026 | $377K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | $345,117 | 05/12/26 | 2 | 1 | 998 | |
0.19 | Single-Family Home | $499,900 | 04/16/26 | 3 | 2 | 1,387 | |
0.37 | Single-Family Home | $435,000 | 04/06/26 | 4 | 2 | 1,280 | |
1.03 | Single-Family Home | $81,173 | 07/14/26 | 1 | 1,154 | ||
0.48 | Single-Family Home | $420,000 | 03/24/26 | 3 | 2 | 1,182 | |
0.46 | Single-Family Home | $536,800 | 10/24/25 | 3 | 2 | 1,169 | |
1.02 | Single-Family Home | $143,000 | 01/30/26 | 1 | 1,012 | ||
0.18 | Single-Family Home | $382,000 | 01/07/26 | 2 | 1 | 691 | |
1.00 | Single-Family Home | $233,916 | 12/05/25 | 2 | 1 | 832 | |
1.10 | Single-Family Home | $205,000 | 10/06/25 | 3 | 1 | 975 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $729,995 | 4 | 3 | 2,383 | For Sale | |
0.10 | $550,000 | 3 | 2.5 | 1,648 | For Sale | |
0.07 | $636,000 | 3 | 2.5 | 1,288 | Off Market | |
0.09 | $369,400 | 3 | 1 | 1,064 | Off Market | |
0.12 | $345,117 | 2 | 1 | 998 | Recently Sold | |
0.12 | $1,015,500 | 4 | 4 | 3,054 | Off Market | |
0.13 | $841,100 | 2 | 1 | 1,226 | Off Market | |
0.18 | - | - | - | - | Off Market | |
0.19 | $499,900 | 3 | 2 | 1,387 | Recently Sold | |
0.26 | $550,000 | 2 | 1 | 1,348 | For Sale | |
0.34 | - | - | - | - | Off Market | |
0.35 | - | - | - | - | Off Market |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1945
Living Area
972 sqft
Price/Sqft
$381
About this House
This single-family home is located at 116 Gilbert Ave, Raleigh, NC. 116 Gilbert Ave is in the Southwest Raleigh neighborhood in Raleigh, NC and in ZIP code 27603. This property has 1 bathroom and approximately 972 sqft of floor space. This property has a lot size of 7840 sqft and was built in 1945.
116 Gilbert Ave, Raleigh, NC 27603 is a studio, 1 bathroom, 972 sqft single-family home in Southwest Raleigh, built in 1945. It last sold for $55,000 on Jun 30, 2005. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $370,700, with a rent estimate of $1,657/month.
Home Details for 116 Gilbert Ave
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Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 5 |
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Year Built Year Built: 1945Year Updated: 1960 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Exterior Home Features DeckExterior: Other |
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Units in Building: 1 |
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Lot Area: 7840 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 30, 2005 Source: N/A | Sold | $55,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,662 | $417,589 |
Home facts updated by county records
Market trends in Raleigh
Last updated July 2026
Avg. sale price
$440K
$8.33KMoM
Sale-to-List Price
98.9%
Price per sq ft
$235
$1MoM
Available listings
2216
26MoM
Around this home
What Locals Say about Southwest Raleigh
At least 134 Trulia users voted on each feature.
86 % Say it's dog friendly
82 % Say car is needed
79 % Say parking is easy
74 % Say there are sidewalks
65 % Say streets are well-lit
63 % Say it's quiet
63 % Say there's holiday spirit
63 % Say kids play outside
61 % Say yards are well-kept
54 % Say people would walk alone at night
46 % Say there's wildlife
43 % Say neighbors are friendly
43 % Say they plan to stay for at least 5 years
41 % Say it's walkable to grocery stores
36 % Say there are community events
32 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 116 Gilbert Ave
- What is 116 Gilbert Ave estimated to be worth?Trulia's estimated value for 116 Gilbert Ave in Raleigh, NC is $370,700.
- What is the price history for 116 Gilbert Ave?116 Gilbert Ave in Raleigh, NC last sold for $55,000 in June 2005.
- Is Raleigh a buyer's or seller's market?Raleigh is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Raleigh?The median sale price in Raleigh is $440K. That is up $8.33K from the prior month.
- How big is the lot at 116 Gilbert Ave?The lot at 116 Gilbert Ave in Raleigh, NC is about 0.18 acres (7,840 sq ft).