Located directly Northeast of Downtown Raleigh along Wake Forest Road before it intersects with Capital Boulevard is the historic Mordecai neighborhood. As one of the first neighborhoods of the city dating back to the early 1920’s, this established community has a rich past and is currently experiencing a revival of sorts. The continually growing North Person Street District combined with its central location minutes to the heart of the city have grabbed the attention of many buyers. Properties are being snatched up fast in this neighborhood, for good reasons. Check out below why people are buying homes in Mordecai in a hurry.
1. Mordecai has affordable homes in highly desirable location
Get both great value and a solid long-term investment when you purchase a home in Mordecai. With an average home sales price of $349,950 in the past 2 two years, Mordecai has the attractive, downtown location along with a more affordable price tag. However, sellers are benefiting as prices are rising and competition is hot. The neighborhood’s renaissance continues to increase demand – houses average only 26 days on the market and the median sales price to list price is 98%.
2. Mordecai has a true “city-neighborhood” composition
The homes of Mordecai encompass a variety of architectural styles such as bungalows, ranches, traditional, cape cods, Spanish Mission and period revivals. Some homes have already undergone updates, while others offer buyers the great opportunity to increase their property value by renovating an older home with solid bones. There are also some recently redeveloped single family infill properties, a few new apartment communities, and a couple of condo buildings.
3. Mordecai has noteworthy historical character & surroundings
As Raleigh’s first neighborhood, complete with the oldest home in city and home to the birthplace of President Andrew Johnson, Mordecai is a neighborhood rich with history. The neighborhood’s origins begin when Joel Lane, the senator who sold 1,000 acres of land to North Carolina to found the city’s capital in 1792, built a house for his son Henry. Now known as the Mordecai House after Moses Mordecai who married the granddaughter of Joel Lane, it still stands on its original foundation. Situated in the center of Mordecai Park, this historic southern home, surrounding out buildings, and flowering gardens are open for tours. Mordecai Park is also home to the small building where 17th President Andrew Johnson was born in 1808 and the pick-up spot for the Historic Raleigh Trolley Tour!
4. Mordecai is minutes to downtown Raleigh
Mordecai’s proximity to downtown makes it easy for residents to be active in all the city of Raleigh has to offer! Walk to downtown in about 20 minutes, bike in 10 minutes, or drive in just 5 minutes.
5. Mordecai is walking distance to the nationally recognized North Person Street business district
In the past few years, this district along Person Street among both the Mordecai and Oakwood neighborhoods has been revitalized and grown into an area of the city with vibrant character and synergy. North Person Street was even included in USA Today’s “Top 10 Up-and-Coming Neighborhoods Around the U.S”. Many local business owners have been drawn to this low-key yet thriving pocket of retail located northeast of Downtown Raleigh. The list of can’t-miss food/beverage destinations is long and includes Person Street Bar, The Station, William & Company, North Person Pharmacy, PieBird, Sling-Shot Coffee and Yellow Dog Bakery. Also, if you’re a cyclist, don’t miss Oak City Cycling on Franklin Street.
6. Mordecai has nearby shopping and restaurants at Seaboard Station
Go west down Peace Street and find The Shops at Seaboard Station, an imaginative redevelopment of 1940’s warehouses into an open, village-like shopping center. It encompasses three blocks of a mix of specialty shops, independent retailers, a plant nursery, hair salons, fitness center, a wine shop and local restaurants. Favorites include Sunflower Café, a sandwich lunch shop with lines often out the door; 18 Seaboard, a farm-to-table contemporary American cuisine restaurant, and Brew, a local coffee & beer bar with possibly the best local coffee in all of Raleigh.
7. Mordecai has several neighborhood parks
There are five parks/open spaces within Mordecai as well as a community center. The Oakwood Park with its off-the-leash dog park is also just around the corner.
8. The pronunciation of Mordecai can be a great-conversation starter
Raleigh residents are commonly confused and waver between saying “mor-duh-kai” and “mor-duh-key.” When you tell someone you live in this neighborhood, now you can also shed some light on which pronunciation is right: both of them! According to Erin Campo, director of historic sites for the City of Raleigh, Jacob Mordecai started pronouncing his traditional last name as “mor-duh-key” to sound less Jewish. Since the neighborhood is named after Jacob’s family, this version as well as the traditional pronunciation are correct!