If you’re thinking about buying or selling a home in North Carolina this year, you’re probably asking the same question as everyone else: Is this a good time to make a move? With all the talk about mortgage rates, home prices, and the economy, it’s easy to get overwhelmed. But don’t worry—I’ve got you covered. I’m breaking down what’s really going on in the 2025 North Carolina housing market and what it means for you.
Home Prices Are Still Rising—But at a Healthier Pace
Let’s start with the big one: home prices. In January 2025, the median home price in North Carolina rose to $372,000, reflecting a 3.8% increase year-over-year (Houzeo).
That’s a shift from the wild surges we saw during the pandemic boom years. What we’re seeing now is steady, manageable growth—and that’s a good thing. It signals a market that’s starting to rebalance after years of intense competition and price spikes.
Inventory is Expanding, But Demand is Still Strong
The number of homes on the market in NC is up, which means buyers have more choices—something we haven’t seen in a while. Inventory growth has increased by about 13% compared to this time last year, and many sellers are finally feeling confident enough to list their homes.
But don’t get too comfy, buyers. Even with more inventory, homes are still selling relatively quickly, especially in hotspots like Charlotte, Raleigh, Durham, and Greensboro.
Mortgage Rates Are Leveling Out
Now let’s talk rates. The Federal Reserve has kept rates more stable in early 2025, and while we’re still hovering around the 6.25%–6.5% range for 30-year fixed mortgages, that’s a major improvement from the 7%+ rates we saw in 2023.
What this means for BUYERS: Now might be the sweet spot to lock in a better rate before competition heats up again.
What this means for SELLERS: As rates come down and affordability improves, more buyers will re-enter the market—giving you a bigger pool of motivated prospects.
Hot Markets to Watch in 2025
If you're looking for growth, here are a few North Carolina markets to watch:
Charlotte: Home values continue to rise, driven by job growth and relocations from out-of-state buyers.
Raleigh-Durham: The Research Triangle is booming thanks to tech, biotech, and education sectors.
Greenville and Wilmington: Affordable living + lifestyle appeal = rising demand.
Fayetteville: Gaining attention due to affordability and military proximity.
Tips for Buyers in 2025
✅ Get Pre-Approved Early – Know your numbers and be ready to act quickly.
✅ Work With a Local Realtor – Every market is different. You need someone who knows the neighborhoods, pricing trends, and how to negotiate.
✅ Don’t Wait for Prices to Drop – With rates steady and prices climbing slowly, waiting could mean paying more later.
✅ Budget for Repairs & Maintenance – With inventory growing, not every home will be turnkey. Factor in costs for updates and inspections.
Tips for Sellers in 2025
✅ Price Strategically – Overpricing will push buyers away. Use recent comps and listen to your agent.
✅ Prep Your Home to Shine – Staging, cleaning, and professional photos are still must-dos in 2025.
✅ Know Your Market – Urban and suburban areas are performing differently. Understand how your zip code stacks up.
✅ Be Ready to Negotiate – Today’s buyers are more savvy and less desperate. Flexibility matters.
What does 2025 Means for You
The North Carolina housing market in 2025 is looking stable, active, and—dare I say—healthier than it’s been in a while. With balanced growth, improved inventory, and steady rates, it’s a solid time to make a move, whether you're buying your first home, upgrading, or listing to sell.
Thinking about buying or selling this year? Let’s connect. I’ll help you make a smart move in this evolving market—no guesswork, just expert guidance. Call, text, or DM me today 980-480-6480 !
Until next week!
Evie DeJesus
Your trusted Go To NC Realtor®️
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