Raleigh, NC Home Prices: April 2023 Median ~$392K

As of April 2023, the median home value in Raleigh, NC was approximately $392,300 (per Zillow). This means half of homes sold for more, half for less.

Key Context:

  • Raleigh's market surged 2020–2022; growth moderated in 2023.
  • Prices vary sharply by neighborhood: North Raleigh, Cary, Apex > $500K; Southeast Raleigh, Garner < $300K.
  • Inventory remains tight; new construction significant.
  • Data changes monthly—consult a local Realtor® or current listings (Realtor.com, Redfin, Zillow) for real-time pricing.

The Triangle (Raleigh-Durham-Chapel Hill) remains a top growth market due to tech, education, and quality of life.

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