North Carolina
Local Housing Market · Zillow ZHVI · July 2026
$338,359
Typical Home Value
▲ 0.0% YoY ▼ 0.17% MoM
6.65%
30Y Mortgage Rate
PMMS · Aug 20, 2026
9bps
YoY Rate Change
▲ Higher than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 North Carolina Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$338,359
▲ 0.0% YoY
Month-over-Month
▼ 0.17% MoM
July 2026
Data Period
July 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.65%
PMMS · Aug 20, 2026
15Y Fixed
5.95%
PMMS · Aug 20, 2026
1yr Ago 30Y
6.56%
▲ Rates higher now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · North Carolina
Market Indicators
REALTOR.COM🏦 LO Market Signal · July 2026
• Inventory is up 11.2% YoY and listing prices are softening 2.3% YoY with 23.2% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 63 days — a slower market. Pending ratio is 0.45 — moderate demand, purchase timelines are manageable.
• New listings are declining 2.7% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$415,000
▼ 2.3% YoY
Median Days on Market
63d
0d YoY
Active Listings
47,365
▲ 11.2% YoY
New Listings
16,030
▼ 2.7% YoY
Price Reduced Share
23.2%
of active listings
Pending Ratio
0.45
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in North Carolina
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · July 2026
Hickory-Lenoir-Morganton
▼ COOLING
National rank #129
Median Price
$358,000
Median DOM
57d
Demand score 70/100
Greensboro-High Point
▼ COOLING
National rank #145
Median Price
$332,400
Median DOM
56d
Demand score 57/100
Winston-Salem
▼ COOLING
National rank #145
Median Price
$340,000
Median DOM
53d
Demand score 52/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply