In February 2025, the Triangle region of North Carolina continued to see a dynamic real estate market. Long-term property values remained on an upward trajectory. Short-term trends indicated a slight cooling. This provided buyers with increased negotiation power.
Raleigh’s Market Snapshot
Over the last 3-6 months, sold prices and list prices have declined, suggesting a softening market.
Long-term trends (12-36 months) remain positive, with strong property value appreciation.
The market appears to be stabilizing or correcting after rapid growth in previous years.
Buyers now have more leverage compared to last year, while sellers may need to adjust expectations.
Raleigh’s Market Trends
Raleigh’s Median Estimated Property Value
Median Estimated Property Value: Despite recent small dips, home values have grown over 12% in the past three years.
Short-term price declines suggest a cooling market, yet long-term appreciation remains strong.
List prices have decreased in recent months but still show a 10.62% increase over three years.
Durham’s Market Snapshot
Property values have steadily increased over the last 36 months, despite minor fluctuations.
Sold prices have dropped recently but still show strong long-term growth over 12-36 months.
List prices have decreased, indicating a cooling market or potential price corrections.
While short-term trends show a slowdown, long-term appreciation remains evident.
Durham’s Market Trends
Durham’s Median Estimated Property Value
Median Estimated Property Value: Continues to rise over time, despite temporary shifts.
Housing preferences are evolving, shaping demand across different property types.
The demographic landscape is changing, contributing to an increasingly competitive market.
The Triangle real estate market in 2025 remains resilient, with long-term appreciation balancing recent short-term fluctuations. Buyers have stronger negotiating power, while sellers should stay strategic in pricing to stay competitive. As the market stabilizes, staying informed on trends will be key to making smart real estate decisions.
Stay informed about the latest market trends by subscribing to our weekly newsletter.
Don’t miss out on any price drops or new listings! Sign up for property alerts and save your searches and favorite properties.
References: Wake County, Triangle MLS, and Trademark Properties.
