Raleigh, NC Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Raleigh, NC is a cooling market — favorable for buyers.
- •Prices have declined 2.6% — a strong buyer's market with room to negotiate.
- •Price-to-rent ratio: 21.8 — renting may be more affordable in the near term.
Median Home Value
$431,758
ZHVI
Year-over-Year
-2.6%
Price change
5-Year Change
+34.6%
Since 2021
Median Rent
$1,651/mo
ZORI
Active Listings
4,288
For sale
State Avg
$331,413
North Carolina
Home Value Trends
5-year Zillow Home Value Index for Raleigh, NC vs. state and national averages.
Rent Data
Median Rent
$1,651/mo
Rent YoY Change
0%
Other Markets in North Carolina
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.