All Home Types
Raleigh, NC Housing Market
What is the housing market like in Raleigh today?
In August 2023, Raleigh home prices were up 2.6% compared to last year, selling for a median price of $414K. On average, homes in Raleigh sell after 35 days on the market compared to 33 days last year. There were 518 homes sold in August this year, down from 649 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$413,656
+2.6% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
Raleigh, NC
$413,656
+2.6%
United States
Raleigh Migration & Relocation Trends
In Jun '23 - Aug '23, 29% of Raleigh homebuyers searched to move out of Raleigh, while 71% looked to stay within the metropolitan area.
- Across the nation, 0.91% of homebuyers searched to move into Raleigh from outside metros.
- Fayetteville homebuyers searched to move into Raleigh more than any other metro followed by Washington and San Francisco.
Where are people moving to Raleigh from?
- 71% 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 | Jun '23 - Aug '23 | ||
| 1 | 676 | ||
| 2 | 591 | ||
| 3 | 498 | ||
| 4 | 479 | ||
| 5 | 305 | ||
| 6 | 294 | ||
| 7 | 177 | ||
| 8 | 167 | ||
| 9 | 134 | ||
| 10 | 84 | ||
People are leaving Raleigh for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 371 | ||
| 2 | 310 | ||
| 3 | 265 | ||
| 4 | 119 | ||
| 5 | 104 | ||
| 6 | 89 | ||
| 7 | 50 | ||
| 8 | 47 | ||
| 9 | 46 | ||
| 10 | 32 | ||
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.
Risk Factor
Provided by First Street Foundation
Transportation in Raleigh
Learn about the walkability, bikeability, and transit-friendliness of Raleigh
Car-Dependent
Walk Score®
Some Transit
Transit Score®
Somewhat Bikeable
Bike Score®
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