While the national market cools, Raleigh is playing its own game—still competitive, still growing, but with just enough of a breather to make things interesting for buyers and sellers alike. Yes, Raleigh real estate is still growing, and the stats prove it — but now you can take your finger off the panic button!
The median sale price in Raleigh hit $451,000 in July 2025, up 6.1% year-over-year (Redfin). That’s well above national averages and a sign that demand here remains strong—fueled by job growth, in-migration, and Raleigh’s all-around “best places to live” appeal.
Average days on market rose from 19 days last year to 32 days this year (Redfin). For buyers, that means less FOMO and more room to negotiate. For sellers, it means that “list on Friday, sold by Monday” magic isn’t quite as common—strategic pricing and strong marketing are now essential.
Statewide, 34.1% of homes saw price cuts in the past year, up from 30%. Meanwhile, only 18.3% of Raleigh homes sold above asking, down 5.5 points year-over-year (Redfin). In terms of inventory, we’re up almost 50% and sold 19.% more homes YoY. This means the bidding frenzy is easing—good news for buyers looking for a fair shot, but a heads-up for sellers that the market is getting choosier. (Raleigh is Growing)
Add that to Raleigh’s quality-of-life perks—parks, universities, tech jobs—and it’s clear why people keep moving here even as other markets slow down.
💡 Takeaway: Raleigh remains a seller-friendly market, but the gap between list and sale prices is narrowing. Buyers get more breathing room, sellers need sharper strategies, and both sides should keep an eye on the city’s next growth wave.
It’s a great day to buy real estate – and it starts by connecting with our team. Reach out to us here to begin!
