| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $445,000 | -2.6% YoY |
| Median price per sq ft | $213 | 2,229 sq ft median |
| Median days on market | 59 | +1% YoY |
| Active listings | 6,125 | +8% YoY |
| New listings this month | 2,296 | September 2026 |
| Listings with a price cut | 24% | Share of active |
| Median sale price (closed) | $439,350 | -3.4% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 98.4% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 47.0% | 2,877 pending |
| Inventory vs 2019 | 118% | Active listings vs same month in 2019 |
| Gross rental yield | 4.7% | 2BR fair market rent |
Major metropolitan market · North Carolina · September 2026 data
What is the Raleigh, NC real estate market doing?
As of September 2026, the median home listed in Raleigh, NC asks $445,000, down 2.6% year over year. Homes spend a median of 59 days on market, with 6,125 active listings and 24% carrying a price cut; pending contracts equal 47% of active listings, and inventory sits at 118% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.7%. Figures come from public records and industry data, updated monthly.
Median listing price
$445,000
▼ 2.6% YoY
Median $ / sq ft
$213
2,229 sq ft median
Median days on market
59
September 2026
Active listings
6,125
For sale now
New listings
2,296
September 2026
Listings with price cuts
24%
Share of active
Inventory vs 2019
118%
Same month, 2019 = 100
Pending / active
47%
Contract activity
Median sale price (closed)
$439,350
▼ 3.4% YoY · closed sales · July 2026
Sale-to-list ratio
98.4%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
1,783
Closed sales · July 2026, seasonally adjusted
What is the Raleigh, NC housing market doing right now?
The Raleigh, NC housing market lists at a $445,000 median as of September 2026, down 2.6% year over year, with a 59-day median market time and 6,125 homes for sale (24% with a price cut). Active inventory is 118% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.7%.
Raleigh housing market statistics
The table summarizes Raleigh's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Raleigh.
How have home prices changed in Raleigh?
Raleigh home prices are down 2.6% year over year and -1.1% month over month as of September 2026, at a $445,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Raleigh NC · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Raleigh NC · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Raleigh?
Raleigh has 6,125 active listings, 2,296 new this month, 2,877 pending as of September 2026. About 24% of active listings have cut their price, and inventory sits at 118% of its 2019 level — a balanced market by pace.
Is Raleigh a good real estate investment?
Raleigh scores 52/100 on WealthyBud's composite Investor Score, ranking #415 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
52/100
#415 of 933 covered metros
Price volatility
High
σ 6.7% · 20-yr price-index swings
Raleigh scores 52/100 on our composite Investor Score (#415 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 56% over five years and +109% over ten, leaving prices 60% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,750/mo for a two-bedroom, the gross rental yield on the median listing is about 4.7%; active inventory sits at 118% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 2.6% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Raleigh ranks on the trending markets index.
How much is a monthly mortgage payment in Raleigh?
A home at Raleigh's $445,000 median listing runs about $2,436 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$2,199/mo
−$237/mo vs today
At today's rate · 7.28%
$2,436/mo
National weekly average
If rates rise 1% · 8.28%
$2,682/mo
+$246/mo vs today
Principal & interest on the $445,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Raleigh?
To buy Raleigh’s $445,000 median listing with 20% down, a household needs about $116,000 a year in gross income, keeping principal, interest and property tax ($2,699/mo) at 28% of income. That is 1.2× the area’s $96,066 median household income, so a typical Raleigh household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $445,000 | September 2026 |
| Down payment (20%) | $89,000 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $2,436/mo | Rate as of 2026-10-01 |
| Property tax (0.71% effective rate) | $263/mo | Census ACS |
| Income needed (28% rule) | $116,000 | Gross household income / yr |
| Median household income | $96,066 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Raleigh housing market?
Longer-run demand in Raleigh shows up in 17,480 homes permitted in 2025; net migration of +13,414 residents; +2.2% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
17,480
▼ 7.9% vs 2024
12.1 per 1,000 residents
Net migration (2022–2023)
+13,414
▲ people, via tax-return records
net income flow +$623.4M/yr
Job growth (YoY)
+2.2%
▲ 787.2k nonfarm jobs · August 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest Raleigh real estate news?
Cities With the Fastest-growing Home Prices in the Raleigh Metro AreaStacker · 2026-06-30→Report: Raleigh's housing market sees one of nation's largest increases in days on marketABC11 News · 2026-03-19→Real Estate Market Trends in Raleigh, NC: Prices FallRealtor.com · 2026-05-02→‘Great housing reset’ in 2026: Prices set to fall in Triangle. See where, by how muchRaleigh News & Observer · 2025-12-04→
Raleigh housing headlines from 2026 suggest both price growth in some areas and an overall market cooldown with falling prices and increased days on market. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Median price, pace and inventory for 19 Raleigh ZIPs — the spread behind the metro number.
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The highest-producing real estate agents in Raleigh, ranked by recent sales.
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What real estate agents actually earn across North Carolina.
ReadRaleigh housing market FAQ
What is the median home price in Raleigh?
As of September 2026, the median listing price in Raleigh, NC is $445,000, down 2.6% year over year (source: public records and industry data).
How much does it cost to buy a home in Raleigh?
The median home listed in Raleigh asks $445,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,436 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Raleigh?
The median property in Raleigh spends 59 days on the market, with 6,125 homes actively listed and 24% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Raleigh?
With a median 59 days on market and 24% of active listings carrying a price cut, pending contracts at 47% of active listings, Raleigh reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Raleigh a good place to invest in real estate?
Raleigh scores 52/100 on WealthyBud's Investor Score, ranking #415 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Raleigh?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Raleigh and the wider North Carolina market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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