The Raleigh housing market in 2025 continues to gain attention for its resilience, affordability, and strong demand. Raleigh real estate trends show that while activity has slowed slightly from the frenzy of recent years, this North Carolina city still offers opportunities for buyers, sellers, and real estate investors. As the state capital, Raleigh boasts a tech-driven economy, expanding job market, and desirable neighborhoods like North Hills and Downtown Raleigh. If you’re considering a move, purchase, or sale this year, understanding key market data, pricing shifts, and forecasts is essential.

Key Raleigh Real Estate Trends (2025)

Metric	Early 2025 Value	Change from 2024
Median Listing Price	$401,350	↓ 7.7% YoY
Average Days on Market	39 days (April 2025)	Improved from 63 in January
Sale-to-List Price Ratio	99.2%	Slightly below U.S. average
Homes Sold Above Asking	34%	Down from 80% in 2022
Months of Inventory	2.5 months	Seller’s market threshold
Total Homes Sold	1,762	↓ 22.7% YoY

What’s Behind the Numbers?

Raleigh’s housing inventory remains limited, with just 2.5 months of supply. A balanced market requires around six months, so Raleigh still favors sellers, though less dramatically than in 2022.

Home prices have dipped slightly—down 7.7% from last year—but they’ve stabilized month-over-month. This signals an adjusting market rather than a crashing one. While homes are spending more time on the market, recent months have shown steady improvements in speed and pricing alignment.

Neighborhood Breakdown: Affordability and Price Points

Neighborhood	Median Price (2025)	Market Conditions
Highland Creek	<$400,000	Budget-friendly, steady demand
North Hills	>$700,000	Luxury, low inventory
Downtown Raleigh	$450,000–$600,000	High demand, mixed affordability

While interest rates remain elevated, Raleigh is still more affordable than other major metros. Buyers are seeing fewer bidding wars and more flexibility in pricing.

Forecast for Raleigh’s Housing Market in 2025

Will Home Prices Keep Falling?

Not likely. Most experts expect home values to remain relatively flat, fluctuating within a ±2% range. This modest movement makes 2025 a stable year for buyers who want to avoid dramatic price swings.

Could Demand Rise Again?

Yes—if mortgage rates drop, Raleigh could experience another spike in buyer activity. Current supply levels won’t meet that demand, which could quickly push prices up again.

Are We Heading for a Market Crash?

No. Raleigh’s job market, university presence, and ongoing population growth keep its housing demand strong. There’s no sign of a real estate bubble or significant crash.

Raleigh vs. Neighboring Markets

City	Avg. Days on Market	Pricing Trend
Raleigh	39	Steady with mild dip
Durham	47	Slower sales, lower prices
Cary	35	High prices, quicker sales

All three areas show homes selling close to 99% of asking price, underscoring market strength across the Triangle region.

Should You Buy or Sell in Raleigh in 2025?

Now could be an ideal time to enter the market. Buyers benefit from softer competition, fewer over-asking offers, and more room to negotiate. Sellers still hold leverage thanks to limited supply and strong pricing power.

Investors should watch for interest rate shifts and rising inventory, which could create additional buying opportunities later this year.

Need a Mortgage or Refinance in Raleigh?

Loan Pronto offers competitive financing solutions tailored to today’s market. Whether you’re buying your first home or refinancing an existing one, our team can help you navigate your options with speed and confidence.

Contact us today to explore your loan options and start your journey in the Raleigh housing market.

 

Get My Custom Rate Quote

No SSN required. Zero impact to credit. Your Information is never sold.