Altos Market Data for Realtors

Raleigh, NC

Single-Family Homes

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Raleigh, NC

Thu Mar 28 2024
This week the median list price for Raleigh, NC is $675,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 519. Click here to stay informed with the Raleigh market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Raleigh, NC

Thu Mar 28 2024
This week the median list price for Raleigh, NC is $675,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 519. Click here to stay informed with the Raleigh market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Raleigh market.
Median List Price $675,000
Median Price of New Listings $564,950
Per Square Foot $284
Average Days on Market 94
Median Days on Market 42
Price Decreased 34%
Price Increased 7%
Relisted 10%
Inventory 519
Median Rent
Market Action 45
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,250,000 4,704 0.25 - 0.5 acre 5 5 1 13 9 126
$998,250 3,099 0.25 - 0.5 acre 4 3.5 22 23 26 42
$549,950 2,279 0.25 - 0.5 acre 4 2.5 19 23 20 42
$369,900 1,600 8,000 - 10,000 sqft 3 2.3 30 33 28 35