Raleigh, NC (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Raleigh, NC Metro in February 2026 was 56. The month over month percentage change (MoM) was 1.82%, and the year over year percentage change (YoY) was -11.11%.

The chart below shows the trend of the market heat index for the Raleigh, NC metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Raleigh, NC metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Raleigh, NC (Metro) - Trend of Market Heat Index for All Homes
Raleigh, NC (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 61 NaN NaN
Feb 2018 60 -1.64 NaN
Mar 2018 60 0.00 NaN
Apr 2018 61 1.67 NaN
May 2018 61 0.00 NaN
Jun 2018 61 0.00 NaN
Jul 2018 61 0.00 NaN
Aug 2018 59 -3.28 NaN
Sep 2018 56 -5.08 NaN
Oct 2018 56 0.00 NaN
Nov 2018 56 0.00 NaN
Dec 2018 58 3.57 NaN
Jan 2019 61 5.17 0.00
Feb 2019 62 1.64 3.33
Mar 2019 62 0.00 3.33
Apr 2019 61 -1.61 0.00
May 2019 59 -3.28 -3.28
Jun 2019 59 0.00 -3.28
Jul 2019 59 0.00 -3.28
Aug 2019 58 -1.69 -1.69
Sep 2019 57 -1.72 1.79
Oct 2019 57 0.00 1.79
Nov 2019 58 1.75 3.57
Dec 2019 62 6.90 6.90
Jan 2020 67 8.07 9.84
Feb 2020 68 1.49 9.68
Mar 2020 67 -1.47 8.07
Apr 2020 70 4.48 14.75
May 2020 73 4.29 23.73
Jun 2020 74 1.37 25.42
Jul 2020 74 0.00 25.42
Aug 2020 76 2.70 31.03
Sep 2020 76 0.00 33.33
Oct 2020 77 1.32 35.09
Nov 2020 82 6.49 41.38
Dec 2020 93 13.42 50.00
Jan 2021 108 16.13 61.19
Feb 2021 115 6.48 69.12
Mar 2021 112 -2.61 67.16
Apr 2021 110 -1.79 57.14
May 2021 111 0.91 52.06
Jun 2021 107 -3.60 44.60
Jul 2021 99 -7.48 33.78
Aug 2021 94 -5.05 23.68
Sep 2021 89 -5.32 17.11
Oct 2021 86 -3.37 11.69
Nov 2021 87 1.16 6.10
Dec 2021 101 16.09 8.60
Jan 2022 115 13.86 6.48
Feb 2022 117 1.74 1.74
Mar 2022 103 -11.97 -8.04
Apr 2022 89 -13.59 -19.09
May 2022 77 -13.48 -30.63
Jun 2022 69 -10.39 -35.51
Jul 2022 64 -7.25 -35.35
Aug 2022 61 -4.69 -35.11
Sep 2022 57 -6.56 -35.95
Oct 2022 54 -5.26 -37.21
Nov 2022 53 -1.85 -39.08
Dec 2022 59 11.32 -41.58
Jan 2023 68 15.25 -40.87
Feb 2023 74 8.82 -36.75
Mar 2023 76 2.70 -26.21
Apr 2023 77 1.32 -13.48
May 2023 77 0.00 0.00
Jun 2023 75 -2.60 8.70
Jul 2023 74 -1.33 15.63
Aug 2023 71 -4.05 16.39
Sep 2023 67 -5.63 17.54
Oct 2023 63 -5.97 16.67
Nov 2023 64 1.59 20.76
Dec 2023 69 7.81 16.95
Jan 2024 74 7.25 8.82
Feb 2024 76 2.70 2.70
Mar 2024 73 -3.95 -3.95
Apr 2024 69 -5.48 -10.39
May 2024 65 -5.80 -15.58
Jun 2024 63 -3.08 -16.00
Jul 2024 60 -4.76 -18.92
Aug 2024 59 -1.67 -16.90
Sep 2024 57 -3.39 -14.92
Oct 2024 56 -1.75 -11.11
Nov 2024 57 1.79 -10.94
Dec 2024 60 5.26 -13.04
Jan 2025 62 3.33 -16.22
Feb 2025 63 1.61 -17.10
Mar 2025 61 -3.17 -16.44
Apr 2025 59 -3.28 -14.49
May 2025 55 -6.78 -15.38
Jun 2025 53 -3.64 -15.87
Jul 2025 52 -1.89 -13.33
Aug 2025 52 0.00 -11.86
Sep 2025 50 -3.85 -12.28
Oct 2025 50 0.00 -10.71
Nov 2025 51 2.00 -10.53
Dec 2025 53 3.92 -11.67
Jan 2026 55 3.77 -11.29
Feb 2026 56 1.82 -11.11