University Park, Raleigh, NC Raleigh area
Learn More About University Park
University Park is an area that lies between NC State University, The Village District, Wade Avenue, and Meredith College. The subdivisions within the University Park area include Bagwell, Beaver Dam, Harris-Chamberlain, Fairmont, Forest Hills, Oberlin, Maiden-Enterprise, and Wilmont.
University Parkis an exceptionally alive and unique neighborhood in theRaleigh area. It is one of the communities in Raleigh Inside the Beltline subdivision that exudes elegance, fun, originality, and history. A network of natural areas, greenways, wildlife habitats, and gorgeous public and private gardens connect the residences in this urban neighborhood.
History
Raleigh’s University Park is home to a variety of historically significant neighborhoods. In 1869, emancipated slaves established a Freedmen’s town in Oberlin. Staff and faculty housing at NC State University was located in the Maiden-Enterprise Area in the early 1900s. In 1910, a farmer by the name of Hardy Bagwell developed a neighborhood on his farm. Wilmont was constructed in 1924 on the ruins of an ancient plantation. You are in University Park when you are relaxing in the Raleigh Rose Garden or seeing a play at the Raleigh Little Theater. The history is well-known in the neighborhood and goes on endlessly.
The first houses in University Park were constructed in the late 1800s, but the ones that are still in use today and have been tastefully renovated date mostly from the 1920s to the 1960s. After a brief hiatus in the 1980s, work resumed in the 1990s and continues to this day with new buildings that closely resemble those built in the 1920s to 1940s.
University Park, Raleigh
University Park is a popular neighborhood that is very alive and vital Inside the Beltline subdivision. Homes in the community vary from historic, urban chic, charming, eclectic, newly built, newly renovated, and just plain cool. You can homes built between 1930 and 1950, as well as newer modern homes. The community has an average age of 43 years with 52% of residents as homeowners.
So, the variety of pricing points and properties, including ranch, bungalow, and traditional in University Park make it a great place to browse for homes in Raleigh within the Beltline. The community combines life, enthusiasm, and history to give residents of the Beltline a true feeling of what it’s like to live there. The median price of a home in the neighborhood is $728K and the average rent for one-bedroom apartments is $1,736.
University Park is a unique location surrounded by stunning scenery and rich history. A magnificent network of stream bottoms, greenways, wildlife habitats, natural areas, and public and private gardens thrives across the entire neighborhood. There are many wonderful areas to visit in this community full of fascinating, diverse individuals.
This vibrant and thrilling neighborhood is bordered to the south by NC State University, to the east by Cameron Village, and to the west by Meredith College and the State Fairgrounds. To the north, it borders Ridgewood Shopping Center, Rex Hospital, and long-standing residential neighborhoods.
