How much does it cost to build a house in Raleigh? The usual new home job filed with Raleigh is $456,960, from 1,697 priced permits (October 2023 through September 2026); the middle half of firms file between $449,094 and $806,326. A filed value is what the contractor wrote on the permit, not a quote or the final bill.
The usual new home job filed with Raleigh is $456,960, from 1,697 priced permits, October 2023 through September 2026. The middle half of firms usually file between $449,094 and $806,326. Half of jobs were filed for less, half for more. A filed value is what the contractor wrote on the permit, not a quote or the final bill.
Approximately, from each firm's own spread: every firm's range of filed values, weighted by its 1,697 priced permits across 204 firms, pooled into one. Half of Raleigh new home permits were filed between $365,000 and $655,000.
| Percentile | Filed value | Reads as |
|---|---|---|
| 10th | $278,000 | 1 in 10 permits filed below |
| 25th | $365,000 | 1 in 4 filed below |
| 50th | $458,000 | the middle permit |
| 75th | $655,000 | 1 in 4 filed above |
| 90th | $903,000 | 1 in 10 filed above |
Firms split into thirds by the usual value of the homes they work on, with each third's usual filed value weighted by permits. Home values: Wake County parcel values.
| Firms working on | Usual home value | Usual filed value | Firms | Permits |
|---|---|---|---|---|
| Lower third | under $600,000 | $401,229 | 68 | 1,055 |
| Middle third | $600,000–$1,089,411 | $512,383 | 68 | 250 |
| Upper third | $1,105,877 and up | $776,483 | 68 | 396 |
Top 10 by permits in the last 12 months. Usual is each firm's middle filed value; middle half is the range its middle half of jobs were filed in. Busy is not the same as careful: pick what you value to build a list.
| Firm | Permits | Last 12 mo | Usual | Middle half |
|---|---|---|---|---|
| Toll Brothers | 102 | 57 | $420,754 | $367,726–$492,581 |
| Meritage Homes of the Carolinas, Inc. | 86 | 54 | $454,395 | $438,701–$496,591 |
| KB Home Raleigh-Durham Inc. | 132 | 41 | $380,354 | $293,854–$404,464 |
| Front Street Construction Services, LLC | 34 | 34 | $242,953 | $198,085–$259,342 |
| Lennar Carolinas, LLC | 200 | 32 | $457,242 | $435,415–$498,606 |
| Redeeming Development Group LLC. | 17 | 12 | $393,923 | $316,669–$665,550 |
| Smoot Custom Homes, LLC | 12 | 12 | $171,691 | $171,691–$172,558 |
| Homes by Dickerson Inc | 21 | 11 | $723,518 | $646,363–$785,247 |
| Beazer Homes Corp, T/A | 65 | 9 | $468,578 | $454,138–$493,010 |
| Raleigh Custom Homes | 29 | 9 | $1,031,647 | $902,374–$1,134,760 |
Line your quote up against the file. In Raleigh, 1 in 10 new home filed values sit under $278,000, the middle half between $365,000 and $655,000, and 1 in 10 over $903,000.
Raleigh files the fewest new home permits in January (72 against an average month of 100) and the most in May (122). If you can choose, ask for quotes in a quiet month. We have no prices by month, so this is about crews' schedules, not a discount. When each trade is busiest in Raleigh →
Source: City of Raleigh building permits. The window is October 2023 through September 2026; a permit filed after that isn't here yet.
Usual is the middle permit: half were filed for less, half for more. Only permits with a filed value count; a value of $0 or none is left out.
The spread is approximate: we keep seven points of each firm's own range of filed values, not every permit, and pool them.
Nobody paid to be on this page and nobody can. How the records work in Raleigh →
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