May 2026 Greater Triangle Market Report

In April, the Triangle region continued to show strong momentum in the housing market. New listings increased by 7.1%, giving buyers more opportunities, while closed sales climbed 7.2%, reflecting continued demand across the region. At the same time, the average sales price rose 3.0% year-to-date, reaching $479,848, a sign that home values remain strong as the market moves further into the spring season.

Chatham County continued to show notable market activity, with new listings increasing by 18.3%, giving buyers more inventory to explore. While closed sales experienced a slight 1.0% decrease, home values remained on the rise. The average sales price increased by 10.1% year-to-date, reaching $791,831, highlighting continued strength and demand in the county’s luxury and move-up market segments.

Durham County experienced strong market activity, with both new listings and closed sales increasing by 18.2%, a sign of healthy inventory growth matched by steady buyer demand. While the average sales price remained relatively stable, it still posted a modest 0.2% year-to-date increase, bringing the average sales price to $471,925 and reinforcing continued confidence in the local market.

Orange County saw continued momentum in April, with new listings jumping 12.2% and closed sales surging 23.7%, signaling strong buyer activity and homes continuing to move through the market. Home values also remained steady, with the average sales price increasing 0.3% year-to-date to $621,689, reflecting continued stability in one of the Triangle’s most sought-after markets.

Person County saw a shift in market activity, with new listings decreasing by 38.4% compared to the previous year. Despite fewer homes coming to market, closed sales remained unchanged, showing steady buyer demand. Home values continued to hold firm as the average sales price increased 1.1% year-to-date, reaching $339,508 and reflecting continued stability across the county’s market.

Wake County continued to see healthy market movement, with new listings rising 14.4% and closed sales increasing 7.0%, signaling continued buyer activity alongside expanding inventory. Home values also remained strong, as the average sales price climbed 2.1% year-to-date to $566,086, reinforcing the county’s position as one of the Triangle’s most active and competitive markets.

Buying or selling a home is a big decision, and the process behind it can sometimes feel just as big. Between timing the market, coordinating details, and making important decisions along the way, having the right guidance can make all the difference.

That’s why working with Carl Johnson means more than simply buying or selling a property, it means having someone who helps turn a complex process into a smooth and well-planned experience. From the first conversation to closing day, Carl focuses on making sure you feel informed, prepared, and supported every step of the way. And you’re never doing it alone. Carl Johnson Real Estate brings together a network of experienced professionals, including lenders, inspectors, contractors, and industry partners, all working together to help keep your transaction moving forward efficiently and confidently.

Whether you’re exploring your options, preparing to list, or searching for the perfect place to call home, now is a great time to start the conversation.
Call 919-880-0904 and connect with Carl Johnson Real Estate to make your next move with confidence.

​CLICK HERE to read this month's latest Luxury Market Report.