Groundwork

Real estate · Metro area · North Carolina

Real estate businesses in the Raleigh-Cary, NC metro area

The real estate businesses in the Raleigh-Cary, NC metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 40 out of 100: Lower middle

Ranked #283 of 387 scored metro areas
#8 of 15 scored metro areas based in North Carolina

Listings
3,059
162 chain locations (5%)
Official establishments
2,018
+23.6% since 2019
Household spending a year
$9.9B
On rent and homeowner costs · $17,215 a household
Housing spending per listing (U.S. = 100)
75
25% below the U.S.
Listings per 10k households
53.3
38% above the U.S.
Population, 2025
1,595,720
+12.6% since 2020

See the real estate businesses around any address in the Raleigh-Cary metro area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Raleigh-Cary metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

At $17,215 per household (3% above the U.S. average), households in the Raleigh-Cary metro area spend about $9.9B a year on rent and homeowner costs. Housing spending per office is 25% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

There are 3,059 real estate businesses on map listings in the Raleigh-Cary metro area as of September 2026. Chain locations make up 5% of them, against 6% across the U.S. That comes to 53.3 for every 10,000 households, 38% above the U.S. rate of 38.5.

Official counts show 2,018 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Raleigh-Cary metro area in 2023, up 23.6% from 2019. That is one for every 285 households, against one for every 414 across the U.S. Another 9,601 one-person businesses have no payroll, by official counts. Since fiscal 2022, 15 SBA-backed loans worth $7.1M have gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Raleigh-Cary metro area.

Population estimates show the Raleigh-Cary metro area grew 12.6% from 2020 to 2025, faster than the U.S. (+3.1%). For real estate businesses, the Raleigh-Cary metro area has a Groundwork market score of 40 (lower middle): #283 of 387 scored metro areas and #8 of 15 scored metro areas based in North Carolina.

How the Raleigh-Cary metro area compares

The same measures for North Carolina and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Raleigh-Cary, NC metro area compared with North Carolina and the U.S.
MeasureRaleigh-Cary metro areaNorth CarolinaU.S.
Listings per 10k households53.337.838.5
Housing spending per listing (U.S. = 100)7592100
Households per official establishment285378414
Official establishment growth, 2019–2023+23.6%+20.8%+15.8%
Population growth, 2020–2025+12.6%+7.2%+3.1%
Spending per household on rent and homeowner costs$17,215$15,139$16,661
Median household income$100,103$72,388$80,734
Groundwork market score4040

Official counts and lending

Businesses

Official establishments, 2019 to 2023
2,018+23.6% over the period
Employees, 2023
6,908
Annual payroll, 2023
$546.4M
One-person businesses, 2023
9,601Businesses with no payroll
Map listings, September 2026
3,059162 chain locations
Listings at the U.S. rate for this spending
2,282The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
15
Amount
$7.1M

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Raleigh-Cary metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Raleigh-Cary metro area

Population, 2025 estimate
1,595,720+12.6% since 2020
Households
574,295
Median age
38.4
Homes lived in by their owners
67%
Vehicles per household
1.9
Land area
2,119 sq. mi.
People per square mile
702
Median household income
$100,103+32.0% vs. 2015–2019, before inflation
Average household income
$131,869
Median home value
$418,400
Jobs located here
759,538
Daytime population
1,525,914Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Raleigh-Cary metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Raleigh-Cary metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across North Carolina

Every North Carolina market ranked →

The highest-scoring metro areas in North Carolina for real estate businesses, numbered among those based in North Carolina, with the Raleigh-Cary metro area marked.

Top metro areas in North Carolina

Metro areas in North Carolina ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Rocky Mount, NC6810117.3185+2.8%#43 of 387
2Winston-Salem, NC6370124.9134+5.3%#68 of 387
3Burlington, NC6318025.7129+8.5%#70 of 387
4Goldsboro, NC6311925.0128+3.8%#71 of 387
5Hickory-Lenoir-Morganton, NC6229819.9163+3.2%#76 of 387
6Durham-Chapel Hill, NC5977331.1121+7.5%#103 of 387
7Greensboro-High Point, NC5291328.8116+4.1%#162 of 387
8Raleigh-Cary, NC403,05953.375+12.6%#283 of 387
9Greenville, NC3925534.293+5.4%#290 of 387
10Charlotte-Concord-Gastonia, NC-SC394,82544.883+10.1%#294 of 387

Other business types in the Raleigh-Cary metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Raleigh-Cary, NC metro area?

As of September 2026, map listings count 3,059 real estate businesses in the Raleigh-Cary metro area. 162 of them (5%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 2,018 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 23.6% from 2019. Official counts list 9,601 one-person businesses without payroll.

How much do households in the Raleigh-Cary, NC metro area spend on rent and homeowner costs?

About $9.9B a year, or $17,215 per household. That is 3% above the U.S. average (an index of 103, where 100 is the U.S. average). For the 3,059 real estate businesses on map listings, housing spending per office is 25% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 574,295 households in the Raleigh-Cary metro area and national spending patterns by income.

How does the Raleigh-Cary, NC metro area compare with the U.S. for real estate businesses?

The Raleigh-Cary metro area has 53.3 real estate businesses per 10,000 households, 38% above the U.S. rate of 38.5. The index of housing spending per office is 75, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Raleigh-Cary metro area would have about 2,282, against 3,059 on map listings. There is one business with payroll in the industry for every 285 households, against one for every 414 across the U.S. The official count rose 23.6% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Raleigh-Cary, NC metro area growing?

Population estimates put the Raleigh-Cary metro area at 1,595,720 people in 2025, up 12.6% since 2020, faster than the U.S. (+3.1%). It has 574,295 households. Median household income in the Raleigh-Cary metro area is $100,103, 24% above the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 32.0%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Raleigh-Cary metro area scores 40 for real estate businesses (lower middle), #283 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Raleigh-Cary metro area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Raleigh-Cary metro area

Screening a site or an acquisition in the Raleigh-Cary metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Raleigh-Cary metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.