$544,400
- 3 Beds
- 2 Baths
- 1,312 sqft (on 0.25 acres)
348 Summit Ave, Raleigh, NC 27603
Est. Refi. Payment $3,176/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 26, 2023 for $520,000
Home Value
Trulia Estimate
$544KSince last month
Increased$12K (+2.3%)Since last year
Increased$8K (+1.4%)Since last sale
Increased$24K (+4.7%)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 +345% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $544K |
| August 2026 | $543K |
| July 2026 | $532K |
| June 2026 | $535K |
| May 2026 | $550K |
| April 2026 | $545K |
| March 2026 | $543K |
| February 2026 | $543K |
| January 2026 | $539K |
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 |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $499,900 | 04/16/26 | 3 | 2 | 1,387 | |
0.12 | Single-Family Home | $435,000 | 04/06/26 | 4 | 2 | 1,280 | |
0.12 | Single-Family Home | $536,800 | 10/24/25 | 3 | 2 | 1,169 | |
0.14 | Single-Family Home | $420,000 | 03/24/26 | 3 | 2 | 1,182 | |
0.14 | Single-Family Home | $550,000 | 09/02/26 | 2 | 1 | 1,348 | |
0.09 | Single-Family Home | $775,000 | 04/24/26 | 4 | 2.5 | 1,980 | |
0.36 | Single-Family Home | $345,117 | 05/12/26 | 2 | 1 | 998 | |
0.99 | Single-Family Home | $508,000 | 11/25/25 | 3 | 2 | 1,263 | |
0.83 | Single-Family Home | $333,999 | 01/16/26 | 3 | 2 | 1,600 | |
0.88 | Single-Family Home | $436,000 | 06/02/26 | 3 | 2 | 1,300 |
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 |
|---|---|---|---|---|---|---|
0.11 | $550,000 | 2 | 2 | 1,330 | Recently Sold | |
0.12 | $589,200 | 2 | 2 | 1,440 | Off Market | |
0.15 | $416,200 | 1 | 1.5 | 1,120 | Off Market | |
0.15 | $580,000 | 2 | 2 | 1,831 | Recently Sold | |
0.15 | $1,100,000 | 2 | 2 | 2,672 | Recently Sold | |
0.15 | $623,300 | 2 | 2 | 1,684 | Off Market | |
0.15 | $533,200 | 2 | 2 | 1,533 | Off Market | |
0.15 | $545,000 | 2 | 1.5 | 1,140 | Recently Sold | |
0.15 | $399,000 | 2 | 2 | 1,357 | For Sale | |
0.15 | $939,000 | 3 | 3 | 2,190 | Recently Sold | |
0.14 | $550,000 | 2 | 1 | 1,348 | Recently Sold | |
0.12 | $532,300 | 3 | 2 | 1,169 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1908
0.25 acre lot
1,312 sqft
$415/sqft
About this House
This single-family home is located at 348 Summit Ave, Raleigh, NC. 348 Summit Ave is in the Southwest Raleigh neighborhood in Raleigh, NC and in ZIP code 27603. This property has 3 bedrooms, 2 bathrooms and approximately 1,312 sqft of floor space. This property has a lot size of 10890 sqft and was built in 1908.
348 Summit Ave, Raleigh, NC 27603 is a 3 bedroom, 2 bathroom, 1,312 sqft single-family home in Southwest Raleigh, built in 1908. It last sold for $520,000 on Jul 26, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $544,400, with a rent estimate of $2,443/month.
Home Details for 348 Summit Ave
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Interior Details Basement |
Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 1Floors: Laminate |
Appliances & Utilities Refrigerator |
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Exterior Home Features Roof: MetalExterior: VinylFoundation Type: PiersLawn |
Parking & Garage Parking Spaces: 2Parking: Off Street |
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Year Built Year Built: 1908Year Updated: 1940 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Units in Building: 1 |
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Lot Area: 10890 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 26, 2023 Source: N/A | Sold | $520,000 |
Nov 7, 2000 Source: N/A | Sold | $45,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,893 | $444,054 |
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 348 Summit Ave
- What is 348 Summit Ave estimated to be worth?Trulia's estimated value for 348 Summit Ave in Raleigh, NC is $544,400.
- What is the price history for 348 Summit Ave?348 Summit Ave in Raleigh, NC last sold for $520,000 in July 2023.
- 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.
- Does 348 Summit Ave have air conditioning?Yes, 348 Summit Ave in Raleigh, NC has air conditioning.
- How big is the lot at 348 Summit Ave?The lot at 348 Summit Ave in Raleigh, NC is about 0.25 acres (10,890 sq ft).