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City Market Report — Single Family Homes & Townhouses

Raleigh

Raleigh, Wake County — Market Data for Single Family Homes & Townhouses

Market Data — July 2026

Selling in Raleigh? See how much equity you'll keep on a $530,000 sale with $0 Listing Commission.

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Market Snapshot

Raleigh at a Glance

Market data covers single family homes and townhouses only. National housing trends are tracked by the U.S. Census Bureau and National Association of Realtors®.

Median Sales Price
$530,000
2025: $530,000 0.0%
Closed Sales
2,163
2025: 2,125 +1.8%
Median Days on Market
17
2025: 17 0.0%
List Price Received
98.8%
2025: 99.0% -0.2%
Median Sold $/Sq Ft
$247
2025: $243 +1.6%
New Listings
3,361
2025: 3,343 +0.5%
6-Month Trends

Price & Market Velocity in Raleigh

Median sale price and average days on market from January 2026 through June 2026 for single family homes and townhouses.

Median Home Price — Last 6 Months

$405K$410K$415K$420K $405,000 $408,000 $411,000 $414,000 $417,000 $420,000 JanFebMarAprMayJun

Days on Market — Last 6 Months

2223232424 22 days 22 days 22 days 23 days 23 days 24 days JanFebMarAprMayJun
Market Analysis

What's Happening in Raleigh

As North Carolina's capital and the anchor of the Research Triangle, Raleigh's real estate market remains one of the most active in the Southeast, though the breakneck pace of earlier this year has cooled. Rising inventory and slightly longer marketing times have shifted conditions toward a more balanced playing field. Population growth and a strong job market still underpin demand across all price segments, but sellers now need sharp pricing and professional marketing to stand out.

Seller's Market
Demand outpaces supply — sellers have the advantage.

What This Means for You

  • Raleigh's diverse neighborhoods still offer opportunities across every price point
  • Buyers have more room to negotiate, especially outside the most desirable neighborhoods
  • Sellers benefit from Phil's deep local knowledge and premium marketing reach to stand out
  • The zero-commission model is particularly impactful in Raleigh's higher-value segments

FAQ

Frequently Asked Questions About Raleigh

Common questions from homeowners and buyers in Raleigh, Wake County — with current market data.

Is now a good time to sell in Raleigh?

Raleigh remains one of the most active markets in the Southeast: prices are up +2.8% year-over-year, 288 homes moved in the last 30 days, and population growth keeps demand healthy. Inventory has grown, giving buyers more options, so pricing and marketing matter more than they did earlier this year. Schedule a free consultation to see what your Raleigh home is worth.

How long does it take to sell a home in Raleigh?

Raleigh homes spend an average of 24 days on the market — longer than the peak spring pace but still well below national averages. With 288 homes sold in the past 30 days across the city's diverse neighborhoods, well-priced and professionally marketed homes continue to attract buyer activity. Contact Phil for a neighborhood-specific timeline for your property.

What is the median home price in Raleigh?

The median home price in Raleigh is $420,000 for single family homes and townhouses, up +2.8% year-over-year. From Five Points to North Raleigh to Brier Creek, Raleigh's diverse neighborhoods offer opportunities across every price point. Get a free home valuation to understand your property's specific market value.

Should I buy or sell first in Raleigh?

Raleigh's market — with homes selling in about 24 days — still moves quickly, though not as fast as earlier this year. The zero-commission model is particularly impactful in Raleigh's higher-value segments — selling with zero listing commission and buying your next home within 90 days through Phil's team can save you thousands. Learn more about this seamless approach.

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Market data covers single family homes and townhouses only. Contact Phil for data on other property types. For national housing market context, visit the U.S. Census Bureau Housing Data, HUD, or Federal Reserve mortgage rate data.

Last updated: July 2026

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