Updated May 2026 · Redfin
Raleigh Real Estate Market Update, May 2026
Here are the latest housing market numbers for Raleigh, NC, for May 2026, from the Redfin Data Center. Median sale price, days on market, inventory and more, with month-over-month and year-over-year change. The median sale price is $424K.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $424K | ▼ -0.9% | ▼ -3.6% |
| Days on market | 32 | ▼ -5.9% | ▼ -13.5% |
| Homes for sale | 1,632 | ▲ +0.1% | ▲ +1.8% |
| Sale-to-list | 98.9% | ▲ +0.3% | ▲ +0.3% |
| Months of supply | 3.1 | • 0.0% | ▼ -3.1% |
| Homes sold | 525 | • 0.0% | ▲ +4.8% |
Figures from Redfin Data Center. Verify against your MLS before posting.
What the Raleigh numbers say
Raleigh is cooling. The median sale price sits at $424,029, 3.6% below last year. Homes are moving fast: a typical listing goes under contract in about 32 days, and sellers are getting 98.9% of list price.
With 1,632 homes for sale and 3.1 months of supply, Raleigh is currently a balanced market.
What this means if you sell in Raleigh
Use these figures to set expectations early with each client. Lead a listing appointment with the $424K median price and the 32-day pace, show the year-over-year direction, and frame Raleigh as a balanced market. A buyer or seller client trusts an agent who knows the numbers cold, and posts them every month.
How we track the Raleigh market
We built LOKAL to pull Raleigh's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $424K median sale price, -3.6% year over year, 32 days on market and a 98.9% sale-to-list ratio across 525 recorded sales. That compares with roughly $440K a year earlier, in 2025. Redfin has published this market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. We refresh every metro monthly. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
Turn these Raleigh numbers into a finished post.
Open LOKAL with Raleigh already selected. You'll get a carousel, story and square graphic with these figures in place, ready to export in seconds.
Build the Raleigh post →Frequently asked: the Raleigh housing market
- What is the median home price in Raleigh, NC?
- As of May 2026, the median sale price in Raleigh is $424,029 (-3.6% year over year), per the Redfin Data Center.
- Is Raleigh a buyer's or seller's market right now?
- Raleigh is currently a balanced market, based on 3.1 months of supply and a 98.9% sale-to-list ratio for May 2026.
- How long do homes take to sell in Raleigh?
- A typical Raleigh listing goes under contract in about 32 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this Raleigh market data come from?
- All figures come from the Redfin Data Center, refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic for Raleigh agents. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center. Figures are a metro-level snapshot, not a valuation for a specific home.
Raleigh housing market by ZIP code
See Raleigh block by block. These 15 Raleigh-area ZIP codes each have their own real Redfin median price, days on market and supply.