Raleigh is the 6th Most Competitive Housing Market in the U.S.

High-resolution image of a row of modern single-family homes in a Raleigh, NC suburban neighborhood, showcasing well-maintained lawns, clean sidewalks, and classic southern architecture—ideal for illustrating the fast-moving Raleigh NC housing market and competitive real estate conditions in 2025.

If you’ve been keeping an eye on the housing market here in the Triangle, you already know things aren't as hot as they were during the heat of COVID. Having said that we are still leaps and bounds busier than most markets. But now the data confirms it: Raleigh is officially the 6th most competitive real estate market in the country, according to a new Zillow report.

We’re talking about nearly nine serious buyers for every listing, homes selling above asking price, and properties going under contract in just 10 days on average.

Whether you're buying, selling, or investing, here’s what that means, and why Raleigh’s housing market in 2025 is drawing national attention.

Raleigh by the Numbers: A Market Built on Speed and Demand

Zillow’s analysis ranks Raleigh as the 6th most competitive housing market in the United States, based on buyer activity, sales velocity, and pricing trends:

  • 8.9 active home shoppers per listing

  • 25.3% of homes are selling above list price

  • Median days on market: 10

This puts Raleigh right alongside major metros like Boston, San Francisco, and Richmond. But what makes our market different is the unique blend of value, growth, and livability that continues to attract families, professionals, and investors alike.

The 10 Most Competitive Real Estate Markets in the U.S.

For context, here’s the full list of the top 10 most competitive metro areas right now:

  1. Buffalo, NY – 12.7 shoppers per listing, 10 days to pending

  2. Hartford, CT – 11.3 shoppers, 6 days to pending

  3. Providence, RI – 10.8 shoppers, 10 days

  4. Boston, MA – 10.3 shoppers, 7 days

  5. Richmond, VA – 9.1 shoppers, 6 days

  6. Raleigh, NC – 8.9 shoppers, 10 days

  7. San Francisco, CA – 8.4 shoppers, 13 days

  8. Portland, OR – 8.3 shoppers, 12 days

  9. Sacramento, CA – 8.3 shoppers, 12 days

  10. Pittsburgh, PA – 8.2 shoppers, 9 days

That’s some pretty elite company, but Raleigh holds its own, and then some.

Why Raleigh Real Estate is so Competitive in 2025

There are a few big reasons why homes for sale in Raleigh, North Carolina are moving faster than most other markets nationwide:

  • Job and population growth – Tech, healthcare, and higher education continue to fuel strong in-migration.

  • Low inventory across price points – From first-time buyer homes to luxury listings, supply can’t keep up with demand.

  • Lifestyle appeal – Raleigh offers a rare combination of affordability, community, and quality of life.

  • Remote work flexibility – Many buyers relocating from larger, high-cost markets are choosing Raleigh for long-term value.

In short: Raleigh checks all the boxes.

What Buyers in Raleigh Need to Know Right Now

If you’re planning to buy a home in Raleigh in 2025, preparation is everything. In a highly competitive real estate market like Raleigh, many of the best homes are going under contract in days.

Here’s how to compete:

  • Get fully pre-approved before scheduling showings

  • Work with a local real estate agent who understands the pace of the Raleigh housing market

  • Be ready to make strong offers with clean terms and limited contingencies

  • Act fast because delays often mean missed opportunities

Buying a home in Raleigh right now isn’t impossible, but it does require a sharp strategy.

What Sellers Should Expect in This Market

If you’re thinking about listing your home in Raleigh, this market gives you an edge. But timing and execution still matter.

Here’s how to get the most out of Raleigh’s seller-friendly real estate conditions:

  • Price your home to drive competition not just attention

  • Stage and present it well. Buyers are making quick decisions

  • Market it online with precision. That’s where buyers start

  • Lean on an agent who understands offer strategy and can navigate multiple bids

Even in a hot market, smart preparation can lead to more offers, better terms, and a smoother closing.

The Bottom Line: Raleigh is a National Standout

Raleigh isn’t just seeing a seasonal uptick. It’s been building momentum for years. What we’re seeing now is the result of steady growth, rising demand, and the Triangle’s reputation as one of the best places to live in the country.

With Raleigh, NC ranked the sixth most competitive real estate market in the U.S., buyers and sellers need to approach this market with clarity, strategy, and a firm understanding of the landscape.

Thinking about buying or selling in Raleigh this year?

Let's talk about your goals. I’ll give you the honest insight you need to move forward confidently - whether you’re relocating, investing, or planting roots here for the long haul.

Thanks for reading!

Brandon Yopp