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CondominiumResidential

1241 UNIVERSITY CT

RALEIGH, NC 27606
1997
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19973 floors13 units1,219–1,219 ft²
$3.2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$264K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$216
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-13.2%vs the Raleigh ZIP median sale $/ft² ($249)

Sales Performance

$261K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
-10.0%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
7.7%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+2.5%per yeartypical hold 4.1 yrsfrom 27 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20012005200820112016201920222025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20012005200820112016201920222025

45 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$256K$264K$271K$279K1,219 ft²1,219 ft²1,219 ft²1,219 ft²1,219 ft²1,219 ft²
Studio
Studio
13 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 4 ba · 1,219 ft²
13 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$256K–$258K
5 units
$263K–$264K
3 units
$268K–$269K
2 units
$271K–$271K
1 unit
$279K–$279K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$218/ft²
Floor 2
$218/ft²
Floor 3
$210/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·01
$215/ft²
Line ·03
$215/ft²
Line ·02
$213/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.23%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.8%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.7.0 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.50%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.38%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$264,058
Median tax billThe middle annual property tax bill among the building's units.$2,337
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 204Dec 23, 2025$261,000Unit 104Nov 15, 2024$290,000Unit 2Oct 10, 2023$280,000Unit 201Jun 29, 2023$275,000Unit 202Jul 6, 2022$245,000Unit 202Feb 24, 2022$245,000Unit 203Jun 4, 2021$228,000Unit 104Jul 21, 2020$195,000Unit 204Jul 6, 2020$185,000Unit 203Feb 6, 2020$185,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,337 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$265,680 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$265,680
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$265,680

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyWAKE
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Athens Drive Magnet High SchoolA-
High · Grades 9–12 · 0.6 mi
E
Combs Magnet Elementary SchoolA
Elementary · Grades PK–5 · 0.8 mi
M
Centennial Magnet Middle SchoolD-
Middle · Grades 6–8 · 0.8 mi

District: Wake County Schools

Neighborhood · ZIP 27606These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.126
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.14%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.56,581
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,207 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$73,296
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$91,181
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1241 University Ct
3.5 ba · 1,219 ft²
1241 University Ct Apt 2
4 ba · 1,219 ft²
$269K
1241 University Ct Apt 101
4 ba · 1,219 ft²
$268K
1241 University Ct Apt 102
4 ba · 1,219 ft²
$258K
1241 University Ct Apt 103
4 ba · 1,219 ft²
$258K
1241 University Ct Apt 104
4 ba · 1,219 ft²
$279K
1241 University Ct Apt 201
4 ba · 1,219 ft²
$264K
1241 University Ct Apt 202
4 ba · 1,219 ft²
$264K
1241 University Ct Apt 203
4 ba · 1,219 ft²
$271K
1241 University Ct Apt 204
4 ba · 1,219 ft²
$263K
1241 University Ct Apt 301
4 ba · 1,219 ft²
$256K
1241 University Ct Apt 302
4 ba · 1,219 ft²
$257K
1241 University Ct Apt 303
4 ba · 1,219 ft²
$257K
1241 University Ct Apt 304
4 ba · 1,219 ft²

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1241 University Ct

How many units are in 1241 University Ct, Raleigh, NC?

1241 University Ct, Raleigh, NC has 13 residential units across 3 floors, built in 1997, according to county assessor records.

What is a unit at 1241 University Ct, Raleigh, NC worth?

The median TopHap Estimate across the 13 units at 1241 University Ct, Raleigh, NC is $263,607. That works out to $216 per square foot. Units run from 1,219 to 1,219 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1241 University Ct, Raleigh, NC expensive for Raleigh?

Units at 1241 University Ct, Raleigh, NC carry a median of $216 per square foot, 13% below the Raleigh median of $249 per square foot.

How often do units sell at 1241 University Ct, Raleigh, NC?

1 units at 1241 University Ct, Raleigh, NC sold in the last 12 months, out of 45 recorded arms-length sales all time. That is a turnover rate of 7.7% of the building per year. The median sale over that period was $261K.

Have units at 1241 University Ct, Raleigh, NC appreciated?

Across 27 repeat sales of the same unit, 1241 University Ct, Raleigh, NC returned a median 2.5% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 4.1 years.

What floor plans does 1241 University Ct, Raleigh, NC have?

The most common plan at 1241 University Ct, Raleigh, NC is a 0-bedroom of 1,219 square feet, repeated 13 times, with a median estimate of $263,607. TopHap identifies 1 recurring plans in the building.

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