All Home Types
Raleigh, NC Housing Market
What is the housing market like in Raleigh today?
In October 2024, Raleigh home prices were up 6.0% compared to last year, selling for a median price of $435K. On average, homes in Raleigh sell after 29 days on the market compared to 37 days last year. There were 419 homes sold in October this year, up from 358 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$434,500
+6.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Raleigh, NC
$434,500
+6.0%
United States
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Raleigh Migration & Relocation Trends
In Sep '24 - Nov '24, 26% of Raleigh homebuyers searched to move out of Raleigh, while 74% looked to stay within the metropolitan area.
- Across the nation, 0.97% of homebuyers searched to move into Raleigh from outside metros.
- Washington homebuyers searched to move into Raleigh more than any other metro followed by New York and Fayetteville.
Where are people moving to Raleigh from?
- 74% of Raleigh homebuyers searched to stay within the Raleigh metropolitan area.
- Myrtle Beach was the most popular destination among Raleigh homebuyers followed by Greensboro and Asheville.
Where are people from Raleigh moving to?
Number of People Moving to Raleigh
least
most
People are moving to Raleigh from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 858 | ||
| 2 | 683 | ||
| 3 | 639 | ||
| 4 | 522 | ||
| 5 | 504 | ||
| 6 | 389 | ||
| 7 | 291 | ||
| 8 | 249 | ||
| 9 | 248 | ||
| 10 | 239 | ||
People are leaving Raleigh for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 259 | ||
| 2 | 207 | ||
| 3 | 152 | ||
| 4 | 151 | ||
| 5 | 118 | ||
| 6 | 113 | ||
| 7 | 106 | ||
| 8 | 39 | ||
| 9 | 35 | ||
| 10 | 19 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Raleigh.
Provided by First Street Foundation
Transportation in Raleigh
Learn about the walkability, bikeability, and transit-friendliness of Raleigh
Car-Dependent
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Somewhat Bikeable
Bike Score®
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