New Construction
New construction is most active in Johnston County and western Wake County, with homes from $370,000 to $650,000 in emerging tech-corridor communities.
Raleigh-Durham, North Carolina · New Homes
New homes in Raleigh-Durham.
Raleigh-Durham's Research Triangle Park is undergoing its most significant expansion in decades, with Apple and Google creating a secondary tech boom on top of an existing pharmaceutical and biotech cluster employing over 50,000 researchers.
New construction is most active in Johnston County and western Wake County, with homes from $370,000 to $650,000 in emerging tech-corridor communities.
At a glance
Raleigh-Durham market snapshot
Median Home Price
$430,000
Median Rent
$1,650
Market Trend
Hot
Cost of Living Index
107
Why Raleigh-Durham
What makes Raleigh-Durham different
Why People Move Here
Research Triangle Park tech employment and Apple and Google campus expansion and top-ranked universities and affordability relative to coastal tech hubs
Schools
Wake County Public Schools serves over 160,000 students and consistently ranks among North Carolina highest-performing large districts, driving demand across Cary, Apex, and Morrisville corridors.
Top Neighborhoods
Cary, Apex, Holly Springs, Wake Forest, Morrisville, Fuquay-Varina, Clayton, and Garner
Major Employers
Apple Research Triangle campus and Google Durham office and Red Hat global headquarters and Cisco campus in RTP, WakeMed Health, and Hospitals system
Who's building
Top builders active in Raleigh-Durham
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Common questions
Raleigh-Durham FAQ
Is Raleigh a good place to buy a home?
Raleigh offers Research Triangle Park tech employment and Apple and Google expansion and top university access and new construction at prices well below comparable tech markets.
What is the median home price in Raleigh?
The median home price in Raleigh is approximately $430,000 with new construction in Johnston County and western Wake County available from high $300,000s.
Which Raleigh suburbs have the most new construction?
Clayton, Holly Springs, Fuquay-Varina, Wake Forest, and Apex lead Raleigh metro in new home activity with national builders offering master-planned communities.
Is Raleigh good for real estate investors?
Raleigh growing tech workforce and top-ranked universities and consistent population growth create strong long-term rental demand particularly near RTP.
What is driving Raleigh housing demand?
Apple and Google investments and Research Triangle Park expansion and domestic migration from Northeast tech hubs and North Carolina business environment drive Raleigh demand.
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