Raleigh-Durham

Invigorate your senses by sampling the many flavors of artisan craft brews and spirits. Join in broadening your horizons through an enticing array of visual and performing arts exhibitions. No matter what path you choose, we know you'll be energized by the cultural heartbeat fostered by passionate minds of Raleigh, N.C.

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336

Total Number of Projects

$361,481

SFD New Home List Price

$77,124

Median Household Income

15,065

Total Housing Permits

Market Health

Raleigh's population is 1.4M, with a total workforce of 650K. The labor market grew by 14,500 jobs over the past year, up by 2.2%. The median household income in Raleigh is $76,840, 2.2% higher than last year and 21.6% above the national average of $63,179.In the housing market, total permits issued totaled 16,237 over the last twelve months, up 11.3% year-over-year. Raleigh has 361 active new home projects on the market, 8.4% fewer than the 394 from last year. The average list price in the market is $332,602, 8.4% lower than last year and 3.5% above the national average. Over the last three months, new home contracts decreased by 8.4% to 2,021. Apex and Clayton had the highest concentration of the new home contracts in the Raleigh market.