The Central Raleigh housing market is very competitive. The median sale price of a home in Central Raleigh was $495K last month, up 47.0% since last year. The median sale price per square foot in Central Raleigh is $275, down 5.2% since last year.
What is the housing market like in Central Raleigh today?
In May 2025, Central Raleigh home prices were up 47.0% compared to last year, selling for a median price of $495K. On average, homes in Central Raleigh sell after 51 days on the market compared to 29 days last year. There were 37 homes sold in May this year, up from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$495,000
+47.0% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Central Raleigh, NC
$495,000
+47.0%
United States
To compare other locations to the Central Raleigh and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Raleigh add value to a home.
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How hot is the Central Raleigh housing market?
Central Raleigh is very competitive. Homes sell in 40 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Central Raleigh housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Raleigh.
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Raleigh has a moderate risk of flooding. 219 properties in Central Raleigh are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Central Raleigh. Flood risk is increasing slower than the national average.
20% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Raleigh has a moderate risk of wildfire. There are 457 properties in Central Raleigh that have some risk of being affected by wildfire over the next 30 years. This represents 20% of all properties in Central Raleigh.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Central Raleigh has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Central Raleigh is most at risk from hurricanes. 2,277 properties in Central Raleigh have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 87 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 97 mph.
68% of properties are at major
risk of heat over the next 30 years
Heat Factor
Central Raleigh has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 68% of homes in Central Raleigh have a Major Heat Factor®.
Central Raleigh is expected to see a 128% increase in the number of days over 105ºF over the next 30 years. Central Raleigh is expected to experience 6