Local home value data · Raleigh, NC
What's my home worth in Raleigh, NC?
Raleigh is a Research Triangle growth story, drawing jobs and new residents, but after years of strong gains the housing market has pulled back, with prices down noticeably from a year ago.
Is Raleigh a buyer's or seller's market?
Leaning seller's. Redfin rates Raleigh 60/100 (somewhat competitive), based on how quickly homes sell, how often they get multiple offers, and how close they sell to list price.
What this means if you're selling in Raleigh
A median sale price of $422,000, down 6.2% year-over-year, suggests the market is correcting from earlier highs. Homes take a median of 39 days to sell, up from 35 a year ago, and draw around two offers. A Compete Score of 60 out of 100 shows demand remains healthy, but sellers should price to current comparable sales rather than last year's.
How Raleigh compares
Raleigh's median sale price sits 4% above the U.S. median.
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Is Raleigh a buyer's or seller's market right now?
It is shifting toward buyers. The median sale price is down 6.2% from a year ago and homes take 39 days to sell versus 35 last year, but a Compete Score of 60 out of 100 and about two offers per home show demand has not disappeared.
Are Raleigh home prices falling?
Over the three months ending August 2026, the median sale price was about $422,000, down 6.2% from the same period last year. That is a meaningful decline, though one period does not set a long-term trend.
How accurate is the Raleigh median for my neighborhood?
The $422,000 citywide median combines every home type and area in Raleigh, so values near downtown, North Raleigh or elsewhere can differ widely. For an estimate based on your own home and nearby recent sales, request a free home value report, which is reviewed by a local agent.
Home values in nearby markets
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Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.