Market report, updated

Market Report

Search in the city of Raleigh

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Report prepared by Mhomesgroup.com The M Homes Group
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Market at a glance

Over the last 6 months, homes sold for 98.4% of list price in 83 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $626K Sold · $615K
$660K$620K$580K$540K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 732 sales in Jun. Last month: 502.

Where the market stands

All homes in this report, by status.

6,545homes
Active2,332 · 36%
Under contract718 · 11%
Sold (6 mo)3,495 · 53%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.9months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$762K
Under contract$860K
Sold$617K

Average days on market

Active359 days
Under contract122 days
Sold83 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2,332
Average list price $761,693
Avg. days on market 359 days
Avg. price per ft² $283
Avg. living area 2,590 ft²
Avg. beds / baths 3.4 / 3.3

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

9 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 239 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

173 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

2727 Peachtree St$754
716 Davidson St$719
7405 Boros Pl$593
1908 White Oak Rd$569
3351 Hampton Rd$549
614 Capital Blvd Unit 106$535
603 W Cabarrus St$526

All active listings (2,332)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
7320 Ewing PlRaleigh, NC 27616 331,303$295,000$2260 days
4109 Palafox CtRaleigh, NC 27604 331,642$315,000$1910 days
1315 Stone Manor DrRaleigh, NC 27610 331,717$259,900$1510 days
4605 Ellsmere LnRaleigh, NC 27604 331,386$289,999$2090 days
653 Fosterton Cottage WayRaleigh, NC 27603 533,020$564,310$1861 day
Bethlehem RdRaleigh, NC 27610 ———$1,495,000—1 day
596 Fosterton Cottage WayRaleigh, NC 27603 533,020$549,530$1811 day
7008 Longstreet DrRaleigh, NC 27615 221,002$180,800$1801 day
8715 Cypress Grove RunRaleigh, NC 27612 231,542$315,000$2041 day
649 Fosterton Cottage WayRaleigh, NC 27603 532,650$522,320$1971 day
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“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The M Homes Group nor any listing broker shall 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 and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .