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BUYER BRIEFING Raleigh, NC
Raleigh, NC Market Analysis

Why now is a smart time to buy in Raleigh, NC.

Raleigh sits in a mild seller's market with a Market Action index of 36.72 — but median list prices are down 7% from their $645K peak, giving buyers a rare entry-point window before absorption ticks back up.

Median Price

Midpoint listing price across the market. The key benchmark for overall market value and tracking price trends over time.
Median Price Single Family (Jun 2025 – Jun 2026)
Median Price Single Family (Jun 2025 – Jun 2026) in RALEIGH, NC — latest: $600.0K (Jun 2026)
Price & Value
Counts & Metrics
Percentages
CTRL+Click to display two data sets
Median Price: Midpoint listing price across the market. The key benchmark for overall market value and tracking price trends over time.
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Data supplied by Altos
Median List Price
$600K
Days on Market
49 days
Total Inventory
1,021 homes
Price Cut Activity
40% of listings

Top Signals

Four Data Points
Median List Price
$600K
Currently $600K, down -7% from the $645K peak in Jun 2025 and flat vs. 3 months ago at $567K-$589K range. Prices dipped through winter and are stabilizing — locking in now captures that correction before any rebound momentum builds further.
Days on Market
49 days
Median DOM has fallen sharply from 84 days in Jan-Mar 2026 to just 49 days in Jun 2026 — a 42% drop in 3 months. Inventory is moving faster each week; buyers who act now still have negotiating room before competition fully tightens again.
Total Inventory
1,021 homes
Active single-family inventory sits at 1,021 — essentially flat YoY vs. 1,020 in Jun 2025, but up +21% from the Feb low of 861. More options on the market now than at any point since last fall, giving buyers real selection before summer absorbs supply.
Price Cut Activity
40% of listings
40% of active single-family listings have taken a price reduction — up from 41% a year ago and well above the 37% low seen in Apr 2026. Nearly 4 in 10 sellers are negotiating; sharp buyers can target reduced listings for additional savings below already-corrected ask prices.
What This Means

The window is open — but closing.

Prices are $45K off their 2025 peak, 40% of sellers have already cut, and DOM is falling fast. You have negotiating power today that will likely shrink by fall. Get pre-approved and move on the right home now.

Honest Caveats

Supply remains tight at just 2.33 months of inventory — well below the 4-month balanced threshold. This is still a seller's market structurally, and well-priced homes are being absorbed quickly, limiting how hard you can push on terms.

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Jim and Lori Hill
328898/327431
JimandLori@HillnHills.com (919) 906-1636
Source: June 2025 - June 2026 Market Data
Updated June 30, 2026