Raleigh, NC metro area Housing Market
Cool MarketComprehensive housing market data for the Raleigh, NC metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$436K
↑ 0.8% YoY
Days on Market
57 days
↑ 39.0% YoY
Active Inventory
5,660
↑ 7.1% YoY
Homes Sold
1,805
↓ 0.3% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Raleigh, NC metro area Market Summary
The Raleigh, NC metro area housing market is cooling down. As of March 2026, the median home sale price is $436K, up 0.8% year-over-year. Homes are spending a median of 57 days on the market, 39.0% longer than a year ago.
There are 5,660 homes for sale — 7.1% more than last year. With 3.1 months of supply, this is a seller's market. 2,922 new listings were added during this period, up 8.7% year-over-year.
Homes are selling for 98.6% of their list price on average, suggesting room for negotiation. 17.9% of homes sell above their asking price. 31.1% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. North Carolina Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Raleigh, NC metro area Market Trends
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Detailed Market Metrics
Median List Price
$450K
Price per Sq Ft
$212
Sale-to-List Ratio
98.6%
Months of Supply
3.1
Sold Above List
17.9%
Price Drops
31.1%
New Listings
2,922
↑ 8.7% YoY
Pending Sales
2,483
Off Market in 2 Weeks
39.4%
Other Markets in North Carolina
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$409K · 74d on market
Fayetteville, NC metro area
$300K · 69d on market
Winston-Salem, NC metro area
$315K · 71d on market
Durham, NC metro area
$442K · 52d on market
Greensboro, NC metro area
$298K · 59d on market
Asheville, NC metro area
$431K · 119d on market
Wilmington, NC metro area
$460K · 77d on market
Jacksonville, NC metro area
$313K · 71d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.