What are current home values in Raleigh, NC?

The median home value in Raleigh, NC is $436,056 as of June 2026. This represents a 0.3% decrease compared to last month and a 2.1% decrease year-over-year.

How have home values changed in Raleigh, NC?

Home values in Raleigh, NC have decreased by 0.3% month-over-month and 2.1% year-over-year.

How do home values in Raleigh, NC compare to Wake County, North Carolina, and the national average?

The median home value in Raleigh, NC ($436,056) compares to: Wake County ($482,092), North Carolina ($340,430), and the U.S. national median ($372,995).

Raleigh, NC Housing Market

$436,056

2.1% 1-yr

The average Raleigh, NC home value is $436,056, down 2.1% over the past year, and homes go to pending in around 19 days. (Updated on 6/30/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Raleigh Key Takeaways

Typical Home Values: $436,056

1-Year Value Change: -2.1%

(Data through June 30, 2026)

Raleigh Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 2,150 (June 30, 2026)

New Listings: 726 (June 30, 2026)

Median Sale to List Ratio: 0.989 (May 31, 2026)

Median Sale Price: $432,083 (May 31, 2026)

Median List Price: $429,300 (June 30, 2026)

Percent of Sales Over List Price: 24.3% (May 31, 2026)

Percent of Sales Under List Price: 58.6% (May 31, 2026)

Median Days to Pending: 19 (June 30, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Raleigh

NameMedian ZHVI
Five Points$821,200
Mordecai$708,593
North Central$505,760
Glenwood$1,322,754
Six Forks$794,201
Wade$896,931
Hillsborough$465,986
Falls of Neuse$629,939
East Raleigh$410,593

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Raleigh Homes for Sale

1130 Carlton Ave APT 301

$815,000

5 bd4 ba4,497 sqft

114 Challenge Rd

View Raleigh listings

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Raleigh Rental Market Trends

Average Rent: $1,579 (June 30, 2026)

National Average Rent: $1,965 (June 30, 2026)

Month-Over-Month Change: 0.1% (June 30, 2026)

Year-Over-Year Change: 0.1% (June 30, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.