Raleigh, NC housing market
The typical Raleigh home is worth about $429,000, down 1.7% in a year, 28% above the North Carolina typical home. Homes typically sell in 32 days, close to asking.
Home values, sales, trends and how Raleigh compares with the towns next door — updated as new data is published.
Raleigh at a glance
A seller's market
Supply is tight — about 3.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Raleigh | North Carolina |
|---|---|---|
| 2017 | $253,000 | $179,000 |
| 2018 | $267,000 | $190,000 |
| 2019 | $283,000 | $203,000 |
| 2020 | $296,000 | $215,000 |
| 2021 | $323,000 | $242,000 |
| 2022 | $398,000 | $287,000 |
| 2023 | $433,000 | $320,000 |
| 2024 | $443,000 | $332,000 |
| 2025 | $446,000 | $338,000 |
| 2026 | $434,000 | $336,000 |
| August 2026 | $429,000 | $335,000 |
Raleigh and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Raleigh | $429K | −1.7% | 32 | $85,395 |
| Cary | $620K | −1.4% | 17 | $134,905 |
| Garner | $380K | −1.8% | 43 | $78,756 |
| Wake Forest | $507K | −1% | 28 | $123,802 |
| Durham | $390K | −3.4% | 29 | $81,619 |
| Knightdale | $364K | −1.9% | 96 | $103,220 |
5 years of income
The typical Raleigh home costs about 5 years of the town's median household income, more than across North Carolina (4.6 years).
How Raleigh ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.