Overall, the Triangle’s real estate market in March 2025 showed signs of stabilization, with increased inventory and steady sales activity contributing to a more balanced environment for buyers and sellers.

Raleigh’s Market Snapshot

As of March 2025, the real estate market in the Triangle region shows a stable trend in median estimated property values, holding at $445,600—unchanged from the previous month. Over the past year, these values have risen by 1.82%, and by 10.4% over three years. The median sold price also remained steady at $432,000 in March, with a year-over-year increase of 4.79% and a notable 13.24% rise over the past two years. However, the median list price is currently at $475,000, which is down 12.02% from a year ago and 4.98% from two years ago, indicating possible seller adjustments to meet current market conditions.

As of March 2025, the real estate market in the Triangle region shows a stable trend in median estimated property values, holding at $445,600—unchanged from the previous month. Over the past year, these values have risen by 1.82%, and by 10.4% over three years. The median sold price also remained steady at $432,000 in March, with a year-over-year increase of 4.79% and a notable 13.24% rise over the past two years. However, the median list price is currently at $475,000, which is down 12.02% from a year ago and 4.98% from two years ago, indicating possible seller adjustments to meet current market conditions.

Raleigh’s Market Trends

In March 2025, the Triangle real estate market remained in seller’s territory with 2.69 months of inventory—up 9.8% from the previous month—indicating a gradual shift but still favoring sellers. Homes sold for 98.9% of their list price, showing continued strong buyer demand. The median sold price climbed to $452,000, a 1.57% increase month-over-month. However, homes spent more time on the market, with the median days on market rising to 21 days, a 40% increase, suggesting buyers are taking a bit more time before making decisions.

In March 2025, the Triangle real estate market remained in seller’s territory with 2.69 months of inventory—up 9.8% from the previous month—indicating a gradual shift but still favoring sellers. Homes sold for 98.9% of their list price, showing continued strong buyer demand. The median sold price climbed to $452,000, a 1.57% increase month-over-month. However, homes spent more time on the market, with the median days on market rising to 21 days, a 40% increase, suggesting buyers are taking a bit more time before making decisions.

Raleigh’s Median Estimated Property Value

In March 2025, the median estimated property value for single-family homes, condos, and townhomes in the Triangle region reached $445,600. This marks a modest increase of 0.4% from the previous month and a 1.8% rise over the past year. The long-term trend shows steady growth, with Wake County consistently leading in value gains compared to Raleigh, North Carolina, and the national average.

In March 2025, the median estimated property value for single-family homes, condos, and townhomes in the Triangle region reached $445,600. This marks a modest increase of 0.4% from the previous month and a 1.8% rise over the past year. The long-term trend shows steady growth, with Wake County consistently leading in value gains compared to Raleigh, North Carolina, and the national average.

Durham’s Market Snapshot

As of March 31, 2025, the median estimated property value stands at $419,640, showing no change from the previous month but reflecting a steady increase over time, up 0.99% from a year ago and 11.9% over three years. The median sold price is currently $401,000, also unchanged this month, but has risen 1.52% over the past year and 9.04% over two years. In contrast, the median list price remains at $425,000 but has declined over time, dropping 8.25% over the past year and 9.57% over the last three years. This suggests property values and actual sale prices are rising modestly, while listing prices have been gradually adjusted downward.

As of March 31, 2025, the median estimated property value stands at $419,640, showing no change from the previous month but reflecting a steady increase over time, up 0.99% from a year ago and 11.9% over three years. The median sold price is currently $401,000, also unchanged this month, but has risen 1.52% over the past year and 9.04% over two years. In contrast, the median list price remains at $425,000 but has declined over time, dropping 8.25% over the past year and 9.57% over the last three years. This suggests property values and actual sale prices are rising modestly, while listing prices have been gradually adjusted downward.

In March 2025, the Triangle real estate market remained a seller’s market, with only 2.69 months of inventory and homes selling at 98.9% of list price. The median sold price rose to $452,000, up 1.57% month-over-month. Property values held steady at a median of $445,600, reflecting a 0.4% monthly increase and 1.8% annual growth. While list prices dipped over the past year, sold prices have climbed, indicating strong demand. Homes are also selling faster, with median days on market dropping to 21. Overall, the region continues to show resilience and steady appreciation.

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References: Wake County, Triangle MLS, and Trademark Properties.