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BUYER BRIEFING Raleigh, NC
Raleigh, NC Market Analysis

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

Raleigh remains a seller's market, but days on market are falling fast and price cuts are widespread — giving prepared buyers real leverage right now.

Median Price

Midpoint listing price across the market. The single most important benchmark for understanding overall market value and tracking price trends over time.
Market Data
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Data supplied by Altos
Days on Market
49 days
Median List Price
$600K
Months of Inventory
2.27 mo
Price Cuts
39% of listings

Top Signals

Four Data Points
Days on Market
49 days
Median DOM dropped from 84 days in Jan–Mar to 56 in May and 49 in June — a 41.7% decline in 3 months. That acceleration signals rising demand; homes are moving faster, and the window to negotiate is narrowing. Act before competition tightens further.
Median List Price
$600K
Median SF price is $600K in June, up +1.9% in 3mo (from $589K in Apr) but down -7% YoY from $645K last June. Prices are recovering off a winter floor — buyers who lock in now capture that YoY discount before the rebound fully closes the gap.
Months of Inventory
2.27 mo
Inventory sits at just 2.27 months — deep seller territory (under 4 mo). It has barely budged all year (range 2.21–2.36 mo), confirming persistent supply tightness. Waiting for more inventory to appear is not a reliable strategy in this market.
Price Cuts
39% of listings
39% of active SF listings have taken a price cut — down from a peak of 49% in Dec 2025 and flat vs 39% in May. That's still nearly 4 in 10 sellers reducing, giving buyers real room to sharpen offers below original ask on older, sitting inventory.
What This Means

Buy now — the YoY discount is closing fast.

Prices are $45K below last June's peak, DOM is plunging, and 39% of sellers are cutting. That combination won't last. Buyers who move in the next 60 days capture the discount before summer demand absorbs remaining leverage.

Honest Caveats

Median DOM is still 49 days — not a frenzied market — and absorbed listings (108) nearly match new listings (109), so you won't face extreme bidding wars. You have time to be deliberate, just don't wait for prices to drop further.

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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 18, 2026