Spring in Wake County has arrived not only with blooming trees and longer days, but with a market that’s showing renewed momentum. For buyers and sellers alike, April’s numbers paint a clear picture: the Triangle market is shifting—not slowing.

At The Coley Group, we’ve navigated Raleigh’s evolving real estate landscape for over two decades. And if there’s one constant in this business, it’s change. That’s why we deliver personalized, data-driven insights to help you move forward with confidence, not guesswork.

A Market on the Move

April saw 1,143 homes sell across Wake County—a sign that buyers are re-engaging with purpose. After a quieter winter, prices have started to rebound. Since February, we’ve seen a 7% rise in the median sales price, a strong signal that demand is heating up again.

Inventory is also ticking upward, but this doesn’t mean the market is cooling. In fact, with just 2.7 months of inventory available (well below the 6-month benchmark for a balanced market), competition remains fierce—especially for well-priced, move-in-ready homes. The most telling figure? The median days on market is just four. If a home is positioned properly, it moves fast.

Pricing Snapshot: What Buyers Are Seeing

While every property tells its own story, here’s how the average prices break down this spring:

• Single-family homes are averaging around $559,000, offering more space and long-term value for those ready to invest.
  
• Townhomes are coming in near $360,000, striking a balance between affordability and convenience.
  
• Condos, averaging $301,000, are attracting buyers seeking low-maintenance living in prime locations.
  

Meanwhile, mortgage rates have stabilized. A 30-year fixed loan is hovering near 5.92%, and 15-year loans are around 6.67%. While these aren’t the record lows we saw in previous years, the consistency is helping buyers adjust their expectations and act decisively.

Neighborhood Momentum: Where to Watch

Across Wake County, several standout areas are signaling what’s next. Apex is seeing a surge in luxury demand, thanks in part to the new Toll Brothers community at Western Reserve. In Carthage, HH Hunt Homes is expanding Brookwood with a focus on lifestyle and long-term value—important themes for today’s budget-conscious buyers. And in RTP, Hoffman & Associates are gaining attention for their new transit hub development, a project poised to reshape commuting and add sustained value to surrounding neighborhoods.

Strategy for Buyers and Sellers

For buyers, this market rewards preparation and speed. The increase in inventory does offer more options, but the best homes are still moving within days. Success means working with an agent who can anticipate the market, not just react to it.

Sellers, on the other hand, shouldn’t interpret rising prices as a green light to overreach. Today’s buyers are savvy, selective, and doing their homework. Homes that are priced right, staged smartly, and marketed with intention are the ones earning attention—and offers. That’s where The Coley Group’s strategy shines. We don’t just list homes; we position them to perform.

The Bottom Line

Wake County’s spring market is vibrant, fast-moving, and full of potential for those ready to act. Whether you’re buying your first home, relocating to Raleigh, or preparing to sell, our team is here to help you unlock the opportunities this season offers.

If you’re ready to make a move—or just want to understand your options—let’s talk.

Schedule a personalized consultation.

At The Coley Group, we’re not just watching the market. We’re shaping it—one home, one client, and one strategy at a time, and we can’t wait to help you unlock your dream home.

All market statistics are provided by Doorify MLS as of May, 2025.