#10100112, Steven Swift, Listing Office: Swift Properties, LLC
North Raleigh Housing Market Report May 2025•Wake County, North Carolina
Housing Prices in North Raleigh, NC
How much do homes in North Raleigh, NC cost?
Housing Market Conditions
Is North Raleigh, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North Raleigh is a Seller's Market
Difference Since May 2024
Since last year, North Raleigh has remained a Seller's Market.
North Raleigh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in North Raleigh have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in North Raleigh was $475,000 in May 2025, up 5.6% from last year, and the median price per square foot was $236.
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $229K | $217.6K | -5.0% |
22 Bedrooms | $291K | $289.2K | -0.6% |
33 Bedrooms | $424.6K | $440K | +3.6% |
44 Bedrooms | $585K | $604.5K | +3.3% |
55+ Bedrooms | $870K | $875K | +0.6% |
Summary: North Raleigh housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.0%. The home price for 2 bedroom homes decreased by -0.6%. The home price for 3 bedroom homes increased by +3.6%. The home price for 4 bedroom homes increased by +3.3%. The home price for 5 bedroom homes increased by +0.6%.
How does North Raleigh, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
North Raleigh, NC
Housing supply in North Raleigh, NC
How many homes are available in North Raleigh, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
428Last MonthMay 2025 | ||
3862 months agoApr 2025 | +10.9 % Change MoMApr – May |
Summary: The North Raleigh real estate market had 428 homes for sale in May 2025, a 10.9 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
101Last MonthMay 2025 | ||
1022 months agoApr 2025 | -1.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 4 | +100.0% |
22 Bedrooms | 72 | 82 | +13.9% |
33 Bedrooms | 168 | 186 | +10.7% |
44 Bedrooms | 88 | 98 | +11.4% |
55+ Bedrooms | 56 | 58 | +3.6% |
Summary: North Raleigh housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +13.9%. The inventory for 3 bedroom homes increased by +10.7%. The inventory for 4 bedroom homes increased by +11.4%. The inventory for 5 bedroom homes increased by +3.6%.
Asking Price vs. Sold Price
How much do homes in North Raleigh, NC cost?
Over Asking Price24 Homes
At Asking Price26 Homes
Under Asking Price51 Homes
If you're buying a home in North Raleigh, you may be able to get a good deal. 50.5% of homes here sold below asking price last month.
Summary: A total of 101 homes were sold or pending in North Raleigh in May 2025, down by 1.0% month-over-month. Of the 101 sold homes, 50% were sold under asking, 26% were sold at asking, and and 24% were sold over asking.
Days on Market for North Raleigh, NC
How long does it take to sell a home in North Raleigh, NC?
Breakdown of Home Sale Times
Under 30 Days66 Homes
30 – 90 Days21 Homes
Over 90 Days14 Homes
Many homes in North Raleigh are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 101 homes were sold in North Raleigh; 65% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
36 DaysThis YearMay 2025 | ||
19 Days1 year agoMay 2024 | +88.1 % Change YoYMay 2024 – May 2025 |
Summary: Homes in North Raleigh had an average listing age of 36 days in May 2025, up by 88.1% compared to the previous year.
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Newest Listings in North Raleigh, NC
What homes are available in North Raleigh, NC?
Nearby markets
Nearby markets aren't available for North Raleigh, NC
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, and Canopy MLS for the period 06/01/2023 - 06/01/2025

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 1:21:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.