The typical home value in
Long Lake
is projected to be
$390,250
for the month of
February.
January’s
finalized data reported the typical value of a home in the
neighborhood
to be
$388,000—down
27.95%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$393,000
in
Raleigh
for the most recent reporting period.
That number is expected to float around
$377,000
in
February.
Long Lake
had
3
new listings and
8
listings that went under contract in
January,
decreasing
the area’s total available inventory to
2—down
0.0%
from the previous month. Inventory is projected to have further
decreased
in
February.
The median listing price for homes in
Long Lake
grew
57.04%
from
December
to
January,
bringing the current median listing price to
$625,000.
Based on projected data for
February,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
January 2026,
the median time for a listed property to go pending was
69.5
days, compared to
97
days in
January 2025.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
February.
