Market report · NC

Raleigh, NC

Balanced's market

Softening prices and 66% of homes selling below list — Raleigh is one of the cleaner buyer markets in the country right now.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$436k
Typical home value
↑0.0%
-2.2%
YoY change
$1,576
Median rent
↓0.2%
4.34%
Gross yield
20
Median DOM
58/100
MDR score
Detail Value Detail Value
Median list price $423,800 Median sale price $420,250
Sale-to-list ratio 0.982 % sold below list +66.2%
Active inventory 1,877 New listings 689
Trends · 36-month series

How Raleigh has moved.

Typical home value $436k → $436k · ↑0.0% (36mo)
$436k $441k $447k $453k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↓0.2% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 40d → 20d · ↓49.6% (36mo)
20d 27d 34d 40d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.979 → 0.982 · ↑0.3% (36mo)
0.979 0.980 0.981 0.982 Jan 26Feb 26Mar 26

Raleigh sits at a median home value of $435,807 as of the latest Zillow read, down 2.2% year-over-year — a meaningful softening that’s putting deal flow back on the table for cash buyers.

The sale-to-list ratio of 0.982 signals a balanced market — neither bid wars nor fire sales dominate. 66.2% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents are workable but not generous. ZORI of $1,576/mo against a $436k median gives a 4.34% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 20 days against 1,877 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Raleigh is 58/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Lower tier this quarter. Watch list, not deploy list — re-evaluate next read.

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FAQ

Raleigh for investors.

Is Raleigh a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Raleigh is 58/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Raleigh is a lower-tier market right now. Watch list, not deploy list, until the numbers shift.

What is the median home price in Raleigh?

The typical home value in Raleigh as of the most recent Zillow read is $435,807. Median list price is $423,800 and median sale price is $420,250. Year-over-year change: -2.2%.

What can a landlord expect to rent a property for in Raleigh?

Zillow's Observed Rent Index for Raleigh is $1,576/mo. Against the typical home value of $436k, that produces a gross annual rent yield of 4.34% — right at the national baseline, requiring tight underwriting on holds.

Is Raleigh a buyer's or seller's market?

Raleigh's current sale-to-list ratio is 0.982 with 66.2% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 20 days. Active inventory: 1,877 listings.

Which investment strategy works best in Raleigh?

Raleigh's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/raleigh, /brrrr/raleigh, and /flipping/raleigh.

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