Raleigh

NC

Research Triangle's tech-and-university anchor drawing steady in-migration

Key Market Stats

Last updated: 2026-03

Median Price

$450K

+1.1% YoY

Month-over-Month

+1.1%

vs. last month

Active Listings

4,709

homes for sale

Months of Supply

1.6 mo.

Seller's market

Days on Market

46d

median

Cash Buyers

20%

of all sales

Median Home Price Trend

Raleigh — 24-month rolling

Months of Housing Supply

Raleigh — inventory trend

<2 Seller 2–4 Balanced >4 Buyer

AI Market Analysis — Raleigh

Raleigh's housing market is supported by one of the most educated workforces in the Sun Belt, with Research Triangle Park, Duke, UNC, and NC State anchoring a steady professional in-migration. Inventory has normalised from pandemic-era lows, and build-out along the US-64 and I-540 corridors continues to add supply. The market is less volatile than Austin or Nashville, which has attracted cautious relocators.

Analysis generated from Redfin, FRED, and Census Bureau data. Updated monthly.

Sun Belt Weekly Digest

Market data, migration trends, and analysis for 5 Sun Belt metros — every Friday.

City of Oaks

Raleigh

The City of Oaks

Climate in Raleigh

NOAA 1991-2020 normals

Days ≥ 100°F

1

Extreme-heat days per year

Days ≥ 90°F

49

Hot days per year

Days ≤ 32°F

73

Freezing days per year

Annual precip

46.3"

116 rainy days/year

Monthly temperature & precipitation

Raleigh1991-2020 normals · Raleigh-Durham Intl Airport

Climate hazards

Cfa · Humid subtropical

HurricaneModerate
WildfireLow
FloodModerate
HailModerate

Hazard levels are editorial ratings aggregated from FEMA, USDA wildfire risk, NOAA storm tracks, and NWS hail climatology. Not insurance or investment advice.

Data sources: Redfin Market Data, U.S. Census Bureau, FRED (Federal Reserve Economic Data), local MLS associations. Statistics represent metro-area medians and are updated monthly. Not financial or investment advice.