52Alpha

Raleigh, NC metro area Housing Market Brief

metro · NC · as of July 2026

Balanced

What is Raleigh, NC metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
37
Inventory Health25%
38
Affordability20%
43
Economic Strength20%
100
Rental Yield15%
42

Where is Raleigh, NC metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Raleigh, NC metro area is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Raleigh, NC metro area?

Our model forecasts Raleigh, NC metro area’s home prices to rise about 2.6% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Raleigh, NC metro area housing market data

MetricValueYoY
Median Sale Price$446K-0.9%
Median Days on Market34 days-2.9%
Months of Supply3.00%
Homes for Sale6,433-0.1%
Homes Sold2,113-1.5%
Median Price / Sq Ft$215-0.8%

How has Raleigh, NC metro area’s Alpha Score moved?

Now: 52
12-period trend
Median sale price · 12 mo

Markets like Raleigh, NC metro area

Frequently asked questions

Is Raleigh, NC metro area a buyer's or seller's market?

As of July 2026, Raleigh, NC metro area is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Raleigh, NC metro area?

The median sale price in Raleigh, NC metro area is $446K, having fallen 0.9% over the past year.

How affordable is Raleigh, NC metro area?

Raleigh, NC metro area scores 43 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Raleigh, NC metro area's Alpha Score?

Raleigh, NC metro area's strongest dimension is Economic Strength (100/100) and its weakest is Price Momentum (37/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Raleigh, NC metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.