North Carolina Real Estate Law News - North Carolina Real Estate Market Continues to Thrive in 2026
In a positive turn of events for the North Carolina real estate market, recent data shows a continued upward trend in sales and prices across the state. As of February 18, 2026, housing inventory remains low, driving competition among buyers and pushing prices higher.According to the North Carolina Association of Realtors, the median home price in the state has increased by 10% compared to this time last year, with an average price of $300,000. This surge in prices can be attributed to high demand and a limited supply of homes on the market.In addition to rising prices, sales volume has also seen a significant uptick in recent months. The number of homes sold in January 2026 increased by 15% compared to January 2025, indicating a strong buyer interest in the North Carolina housing market.One of the key factors driving this surge in demand is the state's growing economy and job market. With companies continuing to expand and create more jobs in North Carolina, more people are looking to settle down in the state, driving up the demand for housing.Despite the positive trends, real estate experts are keeping a close eye on interest rates, which are expected to rise in the coming months. Higher interest rates could potentially slow down the market by making it more costly for buyers to finance their home purchases.Overall, the outlook for the North Carolina real estate market in 2026 remains positive, with experts predicting continued growth and stability in the coming months. However, both buyers and sellers are advised to stay informed and be prepared for any changes that may arise in the market.