Raleigh-Cary Inventory Grows but Homes Sit Longer

Median list price

$450K

↓ -1.1% vs. last August

Days on market

59 days

↑ +7.3% YoY

Listings with price cuts

+24%

↓ 0.8 pts YoY

Active listings climbed in Raleigh-Cary

Buyers in Raleigh-Cary have more homes to choose from than they did a year ago. Active listings rose 6.2% year-over-year—nearly double the national gain of 3.6%. That shift in balance gives shoppers more breathing room today.

RALEIGH, NC

6,024

Active listings · +6.2% YoY

NATIONAL

+3.6%

Active listings grew year-over-year

Fewer fresh listings hit the market, so the newest homes still attract real competition. New listings slipped 2.1% year-over-year, a steeper drop than the national dip of just 0.1%. If you spot a newly listed home you like, move deliberately—others will too.

List prices edged lower, but Raleigh-Cary stays above the national median

Prices softened slightly, giving buyers a modest edge without signaling any sharp demand collapse. The median list price fell 1.1% year-over-year to $450,000—still well above the U.S. median of $424,500. More supply on the market drove that dip, not a freefall in demand.

RALEIGH, NC

-1.1%

Median list price vs. August 2026 (prior year)

NATIONAL

-1.3%

Median list price vs. August 2026 (prior year)

More than one in five Raleigh-Cary listings carried a price cut—and you have real negotiating room because of it. 24.1% of homes saw a price reduction, compared with 20.4% nationally. Sellers who price competitively from day one avoid the more painful trim later.

Homes sat on the market longer than a year ago

The market cooled faster here than almost anywhere else in the country, which works in buyers' favor. The median home spent 59 days on the market—up 7.3% year-over-year—while the national median barely budged at 60 days. Sellers need sharp pricing and strong presentation to avoid a drawn-out listing.

RALEIGH, NC

59 days

Median days on market · +7.3% YoY

NATIONAL

60 days

Median days on market · +0.0% YoY

This market report has been generated with AI tools, with input from Realtor.com Economic Data Manager Sabrina Speianu. Data reflects August 2026 MLS activity.

Use the Realtor.com housing data portal to get more market data.