Tracey Velt's Market Report

Raleigh-Cary, NC

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498



Raleigh-Cary, NC

Tue Aug 19 2025
This week the median list price for Raleigh-Cary, NC is $489,500 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 4,737. Click here to stay informed with the Raleigh-Cary market!

Market Action Index

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

Slight Seller's Advantage

Raleigh-Cary, NC

Tue Aug 19 2025
This week the median list price for Raleigh-Cary, NC is $489,500 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 4,737. Click here to stay informed with the Raleigh-Cary market!

Market Action Index

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

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Raleigh-Cary market.
Median List Price $489,500
Median Price of New Listings $451,000
Per Square Foot $218
Average Days on Market 90
Median Days on Market 56
Price Decreased 45%
Price Increased 3%
Relisted 6%
Inventory 4,737
Median Rent
Market Action 35
Slight Seller's Advantage

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
$975,000 3,620 0.25 - 0.5 acre 4 4 7 59 109 70
$575,000 2,713 0.25 - 0.5 acre 4 3 7 88 130 56
$432,000 2,255 8,000 - 10,000 sqft 4 3 2 103 120 49
$330,000 1,574 0.25 - 0.5 acre 3 2 7 81 136 56