Markets › North Carolina
North Carolina housing market
In the Tar Heel State, part of the Census Bureau's South Atlantic division, Pecan Street tracks four markets. Median sale prices run from $301K in Greensboro to $461K in Asheville as of Sep 2026. Two of four are higher than a year earlier and two are lower; Asheville leads at +2.2% and Raleigh trails at -3.2%.
Homes sit longest in Asheville (84 median days on market) and sell fastest in Greensboro (57 days). The share of active listings with a price cut runs from 40% in Asheville to 46% in Charlotte. Price-to-rent ratios run from about 15 in Greensboro to 17 in Asheville, measured as years of HUD Fair Market Rent per median sale price. Among the 193 U.S. metros Pecan Street tracks, the Raleigh metro has the 4th-slowest year-over-year price growth and the Asheville metro the 11th-most median days on market. North Carolina's unemployment rate was 3.5% in Aug 2026 (BLS via FRED). The national rate was 4.2% in Sep 2026.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Asheville | $461K | +2.2% | 84 | 40% | ≈ 17 |
| Charlotte | $416K | +0.2% | 64 | 46% | ≈ 16 |
| Greensboro | $301K | -0.6% | 57 | 43% | ≈ 15 |
| Raleigh | $431K | -3.2% | 59 | 44% | ≈ 17 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.