Despite ongoing headlines about inflation, mortgage rate volatility, and national economic uncertainty, the Triad real estate market continues to demonstrate impressive resilience. The median home price in our area has steadily climbed each year, with 2025 off to a particularly strong start. See chart below.
From January through April 2025, median prices have consistently outpaced the same period in 2024. For example, this April saw a median price of $285,000 — up nearly $17,000 from April 2024. That’s a clear sign that buyer demand remains strong, even with mortgage rates hovering in the 6.5–7% range.
So, what’s fueling this continued growth?
- Low Inventory: Fewer homes for sale means more competition for the ones that are available — keeping prices elevated.
- Equity-Driven Moves: Many current homeowners have built substantial equity and are now choosing to “right-size” or relocate, giving them buying power even in a higher-rate environment.
- Stable Local Economy: The Triad benefits from job stability, healthcare infrastructure, and continued in-migration, helping to support home values.
For sellers, this market offers an encouraging opportunity: demand is there, and prices remain historically high. For buyers, while rates are higher than they were a few years ago, there are still options — and waiting could mean paying more down the road.
Curious how much equity you may have built in your home — or what your next move might look like? I’m happy to provide a local market snapshot and talk strategy.
