Market Overview
Home Prices in Raleigh, NC
The median home value in Raleigh, NC is $436,056 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.1% compared to a year ago and down 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Raleigh are priced6% above average. Raleigh is part of the Raleigh-Cary, NC metro area.
Over the past five years, Raleigh home values have risen by approximately23.3%, reflecting strong long-term appreciation in this market.
Price History
Raleigh Home Price Trend
City Comparison
Raleigh vs. National Median
At $436,056, homes in Raleigh cost 6% above the national median of $410,000. Buyers in Raleigh should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Raleigh?
20% Down Payment
$87,211
on $436,056
Monthly P&I
$2,274/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,888/mo
incl. taxes & insurance
Income Needed
$115,520
gross annual (30% rule)
10% Down Option
$43,606
+ PMI applies
Loan Amount (20% dn)
$348,845
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Raleigh, NC?
The median home value in Raleigh is $436,056 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.1% year-over-year.
How much have home prices changed in Raleigh?
Over the past year, home values in Raleigh have decreased by 2.1%. Over five years, prices have risen approximately 23.3%.
How much do I need to earn to buy a home in Raleigh?
To comfortably afford the median home price of $436,056 with a 20% down payment ($87,211) at today's rates (6.8%), you'd need a gross annual income of approximately $115,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Raleigh compare to the national average home price?
The national median home value is approximately $410,000. At $436,056, homes in Raleigh are 6% above the national average.
What metro area is Raleigh part of?
Raleigh is part of the Raleigh-Cary, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.