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Raleigh Real Estate Market Report
Monthly Snapshot

Real Estate Market Report

February 2025  →  February 2026

🏠 Local Market Area
Metric
Feb 2025
Feb 2026
Change
New Listings
1,674
1,748
▲ 4.42%
# of Homes for Sale
3,146
3,637
▲ 15.61%
Closed Sales
1,060
1,028
▼ 3.02%
Median Sales Price
$450,500
$459,000
▲ 1.89%
Average Sales Price
$552,756
$548,968
▼ 0.69%
Median Price per SF
$224
$214
▼ 4.46%
Average Price per SF
$236
$231
▼ 2.12%
Average Days on Market
28
39
▲ 39.29%
Months Supply of Inventory
2.4
2.6
▲ 8.33%
Showings Per Listing
5.6
5.4
▼ 3.57%
🌎 Entire MLS
Metric
Feb 2025
Feb 2026
Change
New Listings
4,070
4,230
▲ 3.93%
# of Homes for Sale
8,706
10,069
▲ 15.66%
Closed Sales
2,518
2,478
▼ 1.59%
Median Sales Price
$383,000
$391,303
▲ 2.17%
Average Sales Price
$459,755
$465,970
▲ 1.35%
Median Price per SF
$203
$197
▼ 2.96%
Average Price per SF
$215
$209
▼ 2.79%
Average Days on Market
30
38
▲ 26.67%
Months Supply of Inventory
2.8
3.1
▲ 10.71%
Showings Per Listing
4.7
4.6
▼ 2.13%
$459K
Local Median Sale Price
▲ 1.89% YoY
39 days
Local Avg Days on Market
▲ 39.29% YoY
$391K
MLS Median Sale Price
▲ 2.17% YoY
3.1 mo
MLS Months of Supply
▲ 10.71% YoY

Data reflects February 2025 vs. February 2026  |  Source: Doorify MLS  |  Prepared by Ryan Fitzgerald

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