Raleigh home prices (US$/m²): returns since 2012
Raleigh home prices, measured as the typical value per square meter (data: Redfin). This is the value of the property itself — bricks and mortar — not an investor's total return.
It excludes rent received and all costs (closing, property taxes, maintenance, vacancy). Compare it against U.S. inflation (CPI) and the S&P 500 below to see whether Raleigh real estate kept up.
Raleigh anchors North Carolina's Research Triangle, a cluster of universities and the Research Triangle Park that draws technology, pharmaceutical and research employers. That educated workforce and steady corporate expansion gave the metro one of the Southeast's more durable growth stories, and it climbed with the broader Sun Belt after 2020 before the pace eased as borrowing costs rose. Prices sit in the affordable-to-mid tier nationally, below the coastal tech hubs the area is often compared to, with demand underpinned by the Triangle's research institutions rather than a single dominant industry.
Cumulative return by window (in U.S. dollars)
| Window | Cumulative |
|---|---|
| 1 year | -2% |
| 5 years | 27% |
| 10 years | 93% |
Largest historical drop: -14% · annual volatility: 9% . Typical home price per m² (Redfin). Excludes rent received, closing costs, property taxes, maintenance and vacancy — the value of the property itself, not the investor's total return.
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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.