Permits through August 2026Yearly permits since 1995Wake County index 1975–2025
Wake County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Wake County's FHFA index, with the national index rebased to the same start.
Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.
In the 12 months to August 2026, building permits in Raleigh, North Carolina, covered 4,848 housing units (+13.4% year on year); the place lies in Wake County.
1,213 of those units were single-family houses (25%), 131 were in two- to four-unit buildings and 3,504 in buildings of five or more units. That is 9.6 units per 1,000 residents, below the county's 11.6 and above the state's 7.8.
Since 1995 the place has authorised 139,755 units, with the busiest year 2022 (8,635 units). Wake County's FHFA house price index rose +106.9% over the ten years to 2025.
4,848units permitted, 12 months to August 2026+13.4% on the previous 12 months
1,213single-family units25% of the total
3,504units in 5+ unit buildings72% of the total
9.6units per 1,000 residentsWake County 11.6 · North Carolina 7.8
Permits by month and structure type
Housing units authorised in Raleigh by month, latest 24 monthssingle-family2+ unit buildings
Units, 12 months to August 2026
Raleigh
Wake County
North Carolina
United States
All housing units
4,848
14,581
87,853
1,418,086
Single-family (1 unit)
1,213 (25%)
8,340 (57%)
61,266 (70%)
888,241 (63%)
2 units
98
186
1,292
34,814
3–4 units
33
41
321
17,298
5 or more units
3,504 (72%)
6,014 (41%)
24,974 (28%)
477,733 (34%)
Units per 1,000 residents
9.6
11.6
7.8
4.1
Change on previous 12 months
+13.4%
+5.1%
+2.0%
−0.1%
Permits by year since 1995
Housing units authorised in Raleigh by year, 1995–2025single-family2+ unit buildings
139,755 units since 1995; the busiest year was 2022. Annual figures include units imputed for months a place did not report.
Home prices in Wake County
FHFA's index for Wake County rose +106.9% over the ten years to 2025 (+7.5% a year) and +1.0% in the latest year, against +106.6% and +2.5% for North Carolina. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.
Questions and answers
How many homes are being built in Raleigh, NC?
4,848 housing units were authorised by building permits in the 12 months to August 2026, against 4,277 in the previous 12 months.
What kind of housing is being permitted in Raleigh?
1,213 single-family units, 98 in two-unit buildings, 33 in three- and four-unit buildings and 3,504 in buildings of five or more units.
How does Raleigh compare with its county and state?
9.6 units per 1,000 residents in Raleigh, 11.6 in Wake County and 7.8 in North Carolina.
How have home prices moved in Wake County?
FHFA's index for Wake County rose +106.9% over the ten years to 2025 and +1.0% in the latest year; the county page has the full series.
What does a permit count?
A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.
Provenance
Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 466000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.