RealTrends Market Report

Raleigh, NC

Single-Family Homes

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Raleigh, NC

Fri Aug 21 2026
This week the median list price for Raleigh, NC is $548,885 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 1,172. 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 off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Raleigh, NC

Fri Aug 21 2026
This week the median list price for Raleigh, NC is $548,885 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 1,172. 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 off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Raleigh market.
Median List Price $548,885
Median Price of New Listings $482,500
Per Square Foot $252
Average Days on Market 103
Median Days on Market 63
Price Decreased 52%
Price Increased 2%
Relisted 8%
Inventory 1,172
Median Rent
Market Action 34
Slight Seller's Advantage

The market has been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,750,000 4,485 0.25 - 0.5 acre 4 5 4 12 17 98
$675,000 2,653 0.25 - 0.5 acre 4 3 30 20 34 56
$470,000 2,224 6,500 - 8,000 sqft 4 3 22 21 27 63
$340,000 1,547 6,500 - 8,000 sqft 3 3 29 23 29 56