How does the housing market look in Raleigh-Durham? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Raleigh-Durham North Carolina
Median Sale Price
$404,430
3.7%
New Listings
2,600
20.7%
Number of Homes Sold
34
98.8%
Median Days on Market
0
98.5%
Market Overview
All Home Types
In the last 30 days, homes for sale in Raleigh-Durham, NC sold for a median price of $404,430, down 3.7% compared to the same period last year. The median price per square foot was $205.65, down 3.5% year-over-year. There were 34 homes sold, down from 2,895 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Raleigh-Durham, NC was 9,193, down 16.9% compared to last year. In the last 30 days, 2,600 new homes were listed for sale, down 20.7% year-over-year. The median days on market was 0.15, down from 10.54 days last year. The months of supply was 143.94, up from 1.89 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Raleigh-Durham, NC had a median sale-to-list-price ratio of 100%, same compared to the same period last year. 15.63% of homes sold above list price, down 15.2 pt year-over-year. 3.13% of homes listed dropped in price, down 24 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Buy a new home knowing you’ll sell your current one
Orchard guarantees your home will sell, so you can buy your next one worry-free.
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