Raleigh, NC Homes for Sale & Real Estate

3,188 Homes for Sale

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Raleigh, NC Housing Market Overview

Raleigh is a balanced market, giving buyers and sellers room to negotiate. With 1.3 months of supply and homes averaging 56 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

56

Inventory

3,188

Aug 2021May 2024Jul 2026

Median Home Price

$460,000Down 0.54%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
3,188 Down 8.93%
Newly Listed Homes
697 Up 13.15%
Months of Supply
1.3 Down 67.20%

Housing Demand

Homes Sold
1,830 Up 177.69%
Sale-to-List Ratio
98.7% Down 0.09%
Homes Sold Above List
18.3% Down 4.30%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Raleigh Market Report

Frequently Asked Questions

What's the median home price in Raleigh?

The median home price in Raleigh is $460,000. Prices vary by neighborhood, with places within the Beltline (I-440) costing more than surrounding cities like Fuquay-Varina and Garner.

Is it better to buy or rent a house in Raleigh?

Buying is better if you plan to stay at least three to five years, as strong job growth drives steady equity gains. Renting makes more sense for short-term residents exploring neighborhoods before committing.

What are the drawbacks to living in Raleigh?

The main drawbacks are peak-hour Beltline congestion, rising home prices, and muggy subtropical summers with periodic severe storms. Rapid population growth continues to strain regional commuter corridors.

What is the Research Triangle, and how has it influenced the housing market in Raleigh?

The Research Triangle is the tech, research, and university corridor connecting Raleigh, Durham, and Chapel Hill, centered around Research Triangle Park. Scientists, researchers, and tech workers drawn to this hub have driven up demand for homes throughout Raleigh, contributing to one of the fastest-growing housing markets.

Is Raleigh at risk of severe storms or tornadoes?

Yes, Raleigh faces moderate severe weather risks, including spring thunderstorms, occasional tornadoes, and late-summer tropical systems. Peak severe weather runs from March through June, with rare but damaging tornadoes recorded historically.

How does the Raleigh climate affect home utility costs?

Raleigh's extremely hot/humid summers and moderate winters mean heavy air conditioner use for much of the year. Heating costs are slightly higher during occasional cold snaps and ice storms than in cooler-climate homes, but they're still significantly lower than in northern locations.

What is the best area of Raleigh to live in?

The best area depends on lifestyle. North Hills offers mixed-use convenience and modern shopping, Five Points and Historic Oakwood deliver walkable character near central amenities, and Brier Creek provides family-friendly suburban living near Research Triangle Park.

What's the commute like in Raleigh, and how's the traffic?

Commutes average 23 minutes, though bottlenecks are common along I-40, I-440, and NC-540 during rush hours. Travel times spike significantly between downtown Raleigh and RTP or Durham.

Is Raleigh a good place for tech workers to buy a home?

Yes, Raleigh's proximity to Research Triangle Park and a strong pipeline of graduates from NC State, Duke, and UNC make it a popular choice for tech professionals. Raleigh is still cheaper than Seattle or Austin, which have similar tech hubs.

Why is Raleigh called the "City of Oaks," and does that affect home maintenance (tree removal, storm damage)?

Raleigh earned its nickname from its dense canopy of native oak trees, which increases home maintenance costs. Homeowners face regular expenses for gutter cleaning, root management, tree trimming, and potential branch damage during severe storms.

  • mls-img
    This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Sep 18, 2026, 5:46 PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

    Based on information submitted to the MLS GRID as of Sep 18, 2026, 5:46 PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

    Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
  • mls-imgIDX Logo

    Based on information from the Doorify MLS (Triangle MLS, Inc.) through Sep 18, 2026, 5:45 PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.

  • mls-img
    Based on information from the Hive MLS, through Sep 18, 2026, 5:46 PM. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of Sep 18, 2026, 5:46 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Chosen Realty LLC nor Houzeo shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Hive MLS. All Rights Reserved.
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Raleigh, NC Housing Marketlink qauare
Homes Available icon

3,188

Homes Available

Median List Price icon

$ 460,000

Median List Price

Avg on Market icon

56 Days

Avg on Market

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