Market Intelligence Report — NC-580

Raleigh-Cary, NC

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NC-08
As of the latest 2026 data
Stabilizing

Median Listing

$450K
-1.1% YoY

Pending Ratio

0.50
-4.2% YoY

Active Inventory

6,024
+6.2% YoY

Median DOM

59 Days
+7.3% YoY

Primary Intelligence Tool — Sold Score™

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The Raleigh-Cary market is currently Stabilizing, characterized by a pending ratio of 0.50, which suggests balanced demand absorption relative to inventory. Active listings have expanded by 6.2% year-over-year, while the median listing price has seen a modest year-over-year decline of 1.1%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.2%-0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

1.60M+2.4% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

1,538-17.0% YoY

Building permits (private housing units) · Jul 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Raleigh-Cary market right now.

The market is experiencing a period of equilibrium, with active listings increasing 6.2% over the past year to 6,024 units. New listings contracted slightly by 2.1% year-over-year. The pending ratio stands at 0.50, reflecting a stable pace of demand absorption, although this figure represents a 4.2% year-over-year decrease. Median days on market have lengthened by 7.3% over the past year to 59 days, and the median listing price has softened by 1.1% year-over-year to $450,000.

Historical Analysis

Market Trends

Median Price

$450K+0.0% MoM

Active Inventory

6,024+6.2% YoY

Days on Market

59+7.3% YoY

Sold Score™

59-4.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

59
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In a Stabilizing market, negotiating leverage is becoming more balanced, as evidenced by expanding inventory and a stable pending ratio. The increase in median days on market to 59 days implies that properties are taking longer to move from listing to pending, allowing for more considered transactions. Price discipline is becoming increasingly important as the median listing price has registered a year-over-year contraction, mitigating upward price pressure.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

6,024 active listings represent the current floor, with new supply arriving at roughly 2,220 per month.

Pricing Pressure
24.1%

of active listings carry a price reduction, -0.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.3% year-over-year.

Absorption
0.50

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Raleigh-Cary, NC? Homes here are taking 4 days longer to sell than last year.

Raleigh-Cary, NC is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
50%
Median Days on Market
59 days
Inventory YoY
+6%

Raleigh-Cary, NC is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Raleigh-Cary, NC
CBSA Code
39580
State
NC

ZIPs in Raleigh-Cary, NC

Sorted by active inventory · click a ZIP for its full report