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Raleigh-Cary, NC Metro Area: Median Home Value Trend

How Raleigh-Cary, NC Metro Area's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$224,800
2023
$381,000
Total change
+$156,200
% change
+69.5%
Year Median Home Value Change
2017 $224,800
2019 $249,800 +$25,000 (11.1%)
2020 $268,900 +$19,100 (7.6%)
2021 $289,700 +$20,800 (7.7%)
2022 $347,600 +$57,900 (20%)
2023 $381,000 +$33,400 (9.6%)

Other Raleigh-Cary, NC Metro Area Trends