North Carolina started 2025 with a total of 24,986 single-family homes on the market, with a median home price of $404,267.5 and an average price per square foot of $248.27. By the end of the year, inventory had increased to 31,689 homes on the market (+27%), with a median home price of $410,315 (+1%), and an average price per square foot of $246 (-1%).
At the start of 2025, the median days on market (DOM) was 84 days – by the end of the year, median DOM had increased to 91 days.
North Carolina started the year with 37.00% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 42.17% of homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that North Carolina started 2025 as a buyer's market, with an MAI score of 29; by the end of the year, the MAI had increased to 32 – a seller's market.Market Update for June 10, 2026
