RealTrends Market Report

Raleigh, NC

Single-Family Homes

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Raleigh, NC

Mon Jun 01 2026
This week the median list price for Raleigh, NC is $599,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 1,088. Click here to stay informed with the Raleigh market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Raleigh, NC

Mon Jun 01 2026
This week the median list price for Raleigh, NC is $599,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has increased to 1,088. Click here to stay informed with the Raleigh market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Raleigh market.
Median List Price $599,900
Median Price of New Listings $486,840
Per Square Foot $264
Average Days on Market 97
Median Days on Market 49
Price Decreased 43%
Price Increased 3%
Relisted 7%
Inventory 1,088
Median Rent
Market Action 38
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,999,000 4,754 0.5 - 1 acre 5 5 1 12 14 70
$765,000 2,850 0.25 - 0.5 acre 4 3 28 17 34 49
$509,495 2,291 8,000 - 10,000 sqft 4 3 21 20 27 42
$365,000 1,492 6,500 - 8,000 sqft 3 2 33 28 40 49