The story of this market
The typical home in Raleigh, North Carolina sells for about $447,450, or $235 per square foot.
Prices are down 3.5% from a year ago, which gives buyers more room to negotiate. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $1,572 a month.
Monthly price momentum
Home values since 2015
+2.7%
NC · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Raleigh, North Carolina
Raleigh's housing market is showing signs of stabilization after a period of rapid price appreciation, with inventory levels gradually increasing. While year-over-year prices have seen a slight decline, the market remains supported by strong economic fundamentals and consistent population growth. Buyers are finding more negotiation power, as evidenced by the current sale-to-list ratios and moderate price cut activity.
No ARED county foreclosure postings attributed to Raleigh yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 15 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 0.2% year over year.
Homes spend a median of 109 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 23.99% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 11.9% — a stable, low-distress profile.
- Frankie's of Raleigh4.413 mi
- Fantasy Lake Adventure Park4.714.9 mi
- Dave & Buster's Cary46.9 mi
- Happy Feet Planet Apex4.712.8 mi
- Urban Air Trampoline and Adventure Park4.110.9 mi
- Lenovo Center4.55 mi
- North Carolina Museum of Art4.84.2 mi
- North Carolina State Fair4.44.4 mi
- Atlantic Union Bank Convention Center4.60.4 mi
- Coastal Credit Union Music Park at Walnut Creek4.43.9 mi
- North Carolina Museum of Natural Sciences4.80.2 mi
- North Carolina Museum of Art4.84.2 mi
- Downtown Cary Park4.88 mi
- Dix Park4.71.1 mi
- Pullen Park4.71.4 mi
- North Carolina Museum of Natural Sciences4.80.2 mi
- North Carolina Museum of Art4.84.2 mi
- Museum of Life and Science4.722.6 mi
- Marbles Kids Museum4.80.1 mi
- Duke University Chapel4.922.8 mi
- North Carolina Museum of Art4.84.2 mi
- Downtown Cary Park4.88 mi
- Dix Park4.71.1 mi
- Pullen Park4.71.4 mi
- Pleasant Park4.714.6 mi
- Topgolf3.813 mi
- Drive Shack4.75.9 mi
- Knights Play Golf Center4.310.8 mi
- Prestonwood Country Club4.711.1 mi
- Pin Point Indoor Pickleball & Golf4.61.9 mi
- Crabtree4.44.8 mi
- H Mart Cary4.611.8 mi
- Triangle Town Center4.27 mi
- State Farmers Market4.71.8 mi
- Fenton4.66.7 mi
- Raleigh-Durham International Airport4.410.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
One of the oldest public parks in the state, featuring a carousel, train, and aquatic center, serving as a major recreational hub.
A multi-use trail spanning over 30 miles, providing significant outdoor recreation and connectivity for residents.
A major mixed-use development offering extensive retail, dining, and entertainment options that anchor the northern part of the city.
A historic downtown park that serves as a central gathering space for community events and cultural activities.
A major research university that serves as a primary economic and cultural anchor for the city.
Raleigh is an ideal destination for families seeking high-quality public education, young professionals drawn to the technology and research sectors, and investors looking for long-term stability in a growing metro. The city's diverse housing stock, ranging from historic districts to modern infill, accommodates a wide spectrum of buyers and renters.
The city is served by the Wake County Public School System, which is widely recognized for its high-performing magnet programs and strong academic standards. Schools in the area generally receive favorable ratings, though performance varies significantly by neighborhood and specific school assignment.
The city is served by a network of major highways including I-40, I-440, and I-540, facilitating regional connectivity. Public transit is provided by GoRaleigh, which operates a bus system connecting the city center to surrounding suburbs.
Raleigh offers an extensive network of greenways, including the Neuse River and Crabtree Creek trails, alongside numerous city parks like Pullen Park and Moore Square. The city's amenity base is bolstered by proximity to major cultural institutions, museums, and a vibrant downtown dining and shopping scene.
The rental market in Raleigh remains competitive, driven by steady demand from students and young professionals associated with the Research Triangle. While vacancy rates have remained relatively stable, the influx of new multi-family developments is beginning to moderate rent growth in certain submarkets.
Raleigh's economy is anchored by the technology, life sciences, and education sectors, heavily influenced by its proximity to the Research Triangle Park. Major employers include NC State University, state government agencies, and a growing cluster of healthcare and tech firms.
Raleigh serves as a primary anchor of the Research Triangle, benefiting from a robust concentration of technology, life sciences, and higher education institutions. Significant ongoing investment in infrastructure and mixed-use developments continues to drive strong economic momentum and population growth.
The city is currently focused on infill development and increasing housing density along major transit corridors to address affordability challenges. Several large-scale mixed-use projects are in various stages of approval to support the city's rapid population growth.
Parcels in Raleigh are subject to various special districts, including municipal utility districts and specific tax districts for downtown improvements. These districts are managed to fund infrastructure maintenance and public service enhancements.
Raleigh experiences crime rates that are generally consistent with other major urban centers in the Southeast, with localized fluctuations in property crime. The city maintains active community policing initiatives to address safety concerns in downtown and surrounding residential districts.
Raleigh faces moderate risks from severe thunderstorms and occasional tropical weather remnants, necessitating standard flood insurance coverage in low-lying areas. The city's inland location provides a natural buffer against the most severe coastal storm surges, though wind damage remains a consideration for property owners.
Property insurance in Raleigh is influenced by regional weather patterns, with premiums reflecting the risk of wind and storm damage. The market remains stable, though insurers are increasingly focused on mitigation efforts for severe weather events.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Carolina) — Tax Lien Attachment: A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created. State (North Carolina) — Ad Valorem Property Tax: Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau profile for Raleigh city, NC.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.