Cities with the fastest-growing home prices in the Raleigh metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

compiled a list of cities with the most expensive homes in the Raleigh-Cary, NC metro area using data from . Charts show the monthly typical home value since January 2018.

You may also like: Raleigh mid-year housing market review

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#25. Morrisville, NC

- 1-year price change: -$23,576 (-4.8%)
- 5-year price change: data is not available (data not available)
- Typical home value: $470,563 (#6 most expensive city in metro)

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#24. Apex, NC

- 1-year price change: -$10,420 (-1.7%)
- 5-year price change: +$126,484 (+27.1%)
- Typical home value: $592,991 (#2 most expensive city in metro)

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#23. Cary, NC

- 1-year price change: -$8,967 (-1.4%)
- 5-year price change: +$139,747 (+29.1%)
- Typical home value: $619,636 (#1 most expensive city in metro)

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#22. Raleigh, NC

- 1-year price change: -$7,615 (-1.7%)
- 5-year price change: +$63,886 (+17.5%)
- Typical home value: $428,671 (#7 most expensive city in metro)

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#21. Knightdale, NC

- 1-year price change: -$7,235 (-1.9%)
- 5-year price change: +$50,211 (+16.0%)
- Typical home value: $363,989 (#12 most expensive city in metro)

You may also like: Are home prices going up in Raleigh in 2026?

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#20. Garner, NC

- 1-year price change: -$7,087 (-1.8%)
- 5-year price change: +$57,673 (+17.9%)
- Typical home value: $380,170 (#10 most expensive city in metro)

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#19. Wilsons Mills, NC

- 1-year price change: -$6,742 (-2.4%)
- 5-year price change: +$50,111 (+22.3%)
- Typical home value: $274,508 (#20 most expensive city in metro)

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#18. Rolesville, NC

- 1-year price change: -$6,133 (-1.2%)
- 5-year price change: +$82,736 (+20.2%)
- Typical home value: $493,311 (#5 most expensive city in metro)

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#17. Clayton, NC

- 1-year price change: -$5,305 (-1.4%)
- 5-year price change: +$53,751 (+17.5%)
- Typical home value: $361,047 (#13 most expensive city in metro)

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#16. Wake Forest, NC

- 1-year price change: -$5,001 (-1.0%)
- 5-year price change: +$87,422 (+20.8%)
- Typical home value: $507,240 (#4 most expensive city in metro)

You may also like: Most expensive homes for sale in Raleigh

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#15. Holly Springs, NC

- 1-year price change: -$4,600 (-0.8%)
- 5-year price change: +$120,171 (+26.4%)
- Typical home value: $574,699 (#3 most expensive city in metro)

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#14. Wendell, NC

- 1-year price change: -$4,568 (-1.2%)
- 5-year price change: +$57,619 (+18.6%)
- Typical home value: $367,247 (#11 most expensive city in metro)

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#13. Youngsville, NC

- 1-year price change: -$3,079 (-0.8%)
- 5-year price change: +$76,604 (+23.3%)
- Typical home value: $405,182 (#8 most expensive city in metro)

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#12. Willow Spring, NC

- 1-year price change: -$2,327 (-0.6%)
- 5-year price change: +$72,162 (+21.7%)
- Typical home value: $404,084 (#9 most expensive city in metro)

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#11. Franklinton, NC

- 1-year price change: -$1,419 (-0.4%)
- 5-year price change: +$72,340 (+25.7%)
- Typical home value: $354,014 (#14 most expensive city in metro)

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#10. Zebulon, NC

- 1-year price change: -$1,248 (-0.4%)
- 5-year price change: +$52,846 (+18.4%)
- Typical home value: $340,654 (#15 most expensive city in metro)

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#9. Smithfield, NC

- 1-year price change: -$910 (-0.3%)
- 5-year price change: +$53,446 (+22.5%)
- Typical home value: $290,708 (#19 most expensive city in metro)

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#8. Selma, NC

- 1-year price change: +$1,532 (+0.6%)
- 5-year price change: +$43,082 (+18.7%)
- Typical home value: $273,345 (#21 most expensive city in metro)

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#7. Louisburg, NC

- 1-year price change: +$1,543 (+0.5%)
- 5-year price change: +$66,943 (+27.9%)
- Typical home value: $307,200 (#18 most expensive city in metro)

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#6. Bunn, NC

- 1-year price change: +$1,701 (+0.7%)
- 5-year price change: +$53,688 (+26.8%)
- Typical home value: $254,163 (#24 most expensive city in metro)

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#5. Benson, NC

- 1-year price change: +$3,399 (+1.1%)
- 5-year price change: +$62,817 (+24.7%)
- Typical home value: $316,859 (#16 most expensive city in metro)

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#4. Four Oaks, NC

- 1-year price change: +$4,789 (+1.6%)
- 5-year price change: +$64,890 (+26.6%)
- Typical home value: $308,872 (#17 most expensive city in metro)

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#3. Kenly, NC

- 1-year price change: +$5,757 (+2.3%)
- 5-year price change: +$61,325 (+31.6%)
- Typical home value: $255,565 (#23 most expensive city in metro)

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#2. Princeton, NC

- 1-year price change: +$8,667 (+3.3%)
- 5-year price change: +$62,670 (+29.8%)
- Typical home value: $273,151 (#22 most expensive city in metro)

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#1. Newton Grove, NC

- 1-year price change: +$13,223 (+8.3%)
- 5-year price change: +$48,126 (+39.0%)
- Typical home value: $171,653 (#25 most expensive city in metro)

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