Raleigh Area Market Intelligence (Updated 07/28/2026)
This report isolates pure, detached single-family home resales across the greater Raleigh pipeline. Instead of relying on automated estimates, we process raw Doorify MLS (DMLS) records over a 6-month rolling window to uncover exactly what is happening in each individual zip code.
| Location Space | Active | Pending | Closed (6m) | Failed | Median Price | Med DOM | Failure Rate |
|---|---|---|---|---|---|---|---|
| GLOBAL MARKET TOTALS | 2803 | 1010 | 5682 | 1658 | $510,000 | 15d | 20% |
| ITB Core & Historic Raleigh | |||||||
| 27601 / Downtown Raleigh | 37 | 4 | 27 | 35 | $507,500 | 19d | 53% |
| 27605 / ITB – Oberlin & Glenwood | 9 | 4 | 13 | 11 | $1,040,000 | 10d | 39% |
| 27607 / Meredith Woods & Blue Ridge Corridor | 38 | 4 | 80 | 24 | $800,000 | 14d | 22% |
| 27608 / Five Points Area | 19 | 9 | 84 | 18 | $1,231,000 | 6d | 16% |
| Midtown & North Raleigh | |||||||
| 27609 / North Hills | 58 | 23 | 131 | 37 | $712,500 | 9d | 19% |
| 27612 / Northwest Raleigh | 51 | 19 | 140 | 27 | $670,000 | 10d | 15% |
| 27613 / Leesville & Lake Lynn | 72 | 39 | 185 | 45 | $660,000 | 8d | 17% |
| 27615 / North Ridge Area | 72 | 31 | 193 | 41 | $625,000 | 8d | 15% |
| Northeast Raleigh & East Wake | |||||||
| 27604 / East Raleigh | 91 | 33 | 167 | 58 | $375,000 | 12d | 22% |
| 27616 / Northeast Raleigh | 111 | 28 | 227 | 77 | $385,000 | 16d | 23% |
| 27545 / Knightdale | 82 | 30 | 156 | 50 | $374,950 | 22d | 21% |
| 27591 / Wendell | 84 | 33 | 178 | 65 | $415,000 | 24d | 24% |
| Southeast Raleigh & Johnston Co. | |||||||
| 27610 / Southeast Raleigh | 183 | 52 | 257 | 117 | $325,000 | 25d | 27% |
| 27529 / Garner | 130 | 66 | 280 | 54 | $403,100 | 19d | 14% |
| 27520 / Clayton Core | 127 | 52 | 226 | 72 | $351,250 | 24d | 21% |
| 27527 / East Clayton | 179 | 37 | 257 | 84 | $414,000 | 26d | 22% |
| Cary Core | |||||||
| 27511 / Central Cary | 50 | 26 | 151 | 41 | $545,000 | 6d | 19% |
| 27513 / North Cary | 56 | 35 | 181 | 41 | $600,000 | 7d | 16% |
| 27518 / South Cary | 28 | 20 | 112 | 17 | $777,500 | 6d | 11% |
| 27519 / West Cary | 116 | 47 | 296 | 66 | $815,500 | 7d | 16% |
| Southwest Wake County | |||||||
| 27502 / Apex Core | 98 | 41 | 239 | 55 | $680,000 | 10d | 16% |
| 27523 / West Apex | 41 | 22 | 76 | 23 | $875,058 | 15d | 19% |
| 27540 / Holly Springs | 126 | 60 | 329 | 61 | $595,000 | 10d | 14% |
| 27526 / Fuquay-Varina | 296 | 86 | 461 | 197 | $475,000 | 20d | 26% |
| RTP Connector & Durham | |||||||
| 27560 / Morrisville | 47 | 9 | 60 | 17 | $636,250 | 14d | 20% |
| 27617 / Brier Creek Area | 13 | 8 | 59 | 5 | $575,000 | 12d | 7% |
| 27713 / Southpoint Durham | 100 | 39 | 269 | 33 | $504,000 | 12d | 10% |
| Northern Markets | |||||||
| 27522 / Creedmoor | 30 | 8 | 48 | 17 | $340,000 | 23d | 23% |
| 27525 / Granville County Line | 65 | 22 | 106 | 36 | $373,700 | 22d | 22% |
| 27587 / Wake Forest | 301 | 88 | 519 | 179 | $586,000 | 21d | 23% |
| 27596 / Youngsville | 93 | 35 | 175 | 55 | $410,000 | 30d | 21% |
Market Superlatives: The Short Answers
Q: Which Raleigh area zip code has the highest median home price?
A: Currently, Zip Code 27608 (Five Points Area) holds the highest valuation, with detached homes selling for a median price of $1,231,000.
Q: Where do homes sell the fastest?
A: Buyers are acting incredibly fast in Zip Code 27608 (Five Points Area). The median time it takes to secure an acceptable contract there is just 6 days.
Q: Which zip code has the most active inventory for buyers?
A: Zip Code 27587 (Wake Forest) currently leads the market with 301 active detached listings available right now.
Q: Which area is the riskiest for sellers right now?
A: Zip Code 27601 (Downtown Raleigh) is currently experiencing the highest friction, with 53% of all listings failing to sell completely and expiring off the market.
Inside ITB Core & Historic Raleigh
📍 Zip Code 27601 (Downtown Raleigh)
What is the current inventory in 27601?
There are currently 37 active listings and 4 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $507,500.
How quickly do homes sell in Downtown Raleigh?
The median days on market is 19. When homes are priced correctly, buyers act instantly: exactly 41% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 33% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $8,789 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 53% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 26% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.7% of the original price, and the average final contract yielded just 92.1% of their original asking price.
📍 Zip Code 27605 (ITB – Oberlin & Glenwood)
What is the current inventory in 27605?
There are currently 9 active listings and 4 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $1,040,000.
How quickly do homes sell in ITB – Oberlin & Glenwood?
The median days on market is 10. When homes are priced correctly, buyers act instantly: exactly 46% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 62% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $7,275 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 39% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 31% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.7% of the original price, and the average final contract yielded just 91.6% of their original asking price.
📍 Zip Code 27607 (Meredith Woods & Blue Ridge Corridor)
What is the current inventory in 27607?
There are currently 38 active listings and 4 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $800,000.
How quickly do homes sell in Meredith Woods & Blue Ridge Corridor?
The median days on market is 14. When homes are priced correctly, buyers act instantly: exactly 39% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 38% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $7,658 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 22% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 22% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 7.5% of the original price, and the average final contract yielded just 88.1% of their original asking price.
📍 Zip Code 27608 (Five Points Area)
What is the current inventory in 27608?
There are currently 19 active listings and 9 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $1,231,000.
How quickly do homes sell in Five Points Area?
The median days on market is 6. When homes are priced correctly, buyers act instantly: exactly 54% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 38% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,524 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 16% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 23% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 11.2% of the original price, and the average final contract yielded just 87.0% of their original asking price.
Inside Midtown & North Raleigh
📍 Zip Code 27609 (North Hills)
What is the current inventory in 27609?
There are currently 58 active listings and 23 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $712,500.
How quickly do homes sell in North Hills?
The median days on market is 9. When homes are priced correctly, buyers act instantly: exactly 44% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 38% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,164 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 19% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 32% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 6.0% of the original price, and the average final contract yielded just 91.1% of their original asking price.
📍 Zip Code 27612 (Northwest Raleigh)
What is the current inventory in 27612?
There are currently 51 active listings and 19 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $670,000.
How quickly do homes sell in Northwest Raleigh?
The median days on market is 10. When homes are priced correctly, buyers act instantly: exactly 41% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 48% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $7,475 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 15% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 22% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.2% of the original price, and the average final contract yielded just 91.3% of their original asking price.
📍 Zip Code 27613 (Leesville & Lake Lynn)
What is the current inventory in 27613?
There are currently 72 active listings and 39 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $660,000.
How quickly do homes sell in Leesville & Lake Lynn?
The median days on market is 8. When homes are priced correctly, buyers act instantly: exactly 47% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 57% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,658 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 17% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 21% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.3% of the original price, and the average final contract yielded just 93.1% of their original asking price.
📍 Zip Code 27615 (North Ridge Area)
What is the current inventory in 27615?
There are currently 72 active listings and 31 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $625,000.
How quickly do homes sell in North Ridge Area?
The median days on market is 8. When homes are priced correctly, buyers act instantly: exactly 47% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 54% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,109 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 15% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 26% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.3% of the original price, and the average final contract yielded just 92.5% of their original asking price.
Inside Northeast Raleigh & East Wake
📍 Zip Code 27604 (East Raleigh)
What is the current inventory in 27604?
There are currently 91 active listings and 33 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $375,000.
How quickly do homes sell in East Raleigh?
The median days on market is 12. When homes are priced correctly, buyers act instantly: exactly 37% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 56% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,028 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 22% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 29% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 7.7% of the original price, and the average final contract yielded just 89.7% of their original asking price.
📍 Zip Code 27616 (Northeast Raleigh)
What is the current inventory in 27616?
There are currently 111 active listings and 28 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $385,000.
How quickly do homes sell in Northeast Raleigh?
The median days on market is 16. When homes are priced correctly, buyers act instantly: exactly 30% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 61% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,126 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 23% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 34% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.6% of the original price, and the average final contract yielded just 92.5% of their original asking price.
📍 Zip Code 27545 (Knightdale)
What is the current inventory in 27545?
There are currently 82 active listings and 30 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $374,950.
How quickly do homes sell in Knightdale?
The median days on market is 22. When homes are priced correctly, buyers act instantly: exactly 31% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 55% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,808 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 21% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 40% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.9% of the original price, and the average final contract yielded just 92.8% of their original asking price.
📍 Zip Code 27591 (Wendell)
What is the current inventory in 27591?
There are currently 84 active listings and 33 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $415,000.
How quickly do homes sell in Wendell?
The median days on market is 24. When homes are priced correctly, buyers act instantly: exactly 26% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 49% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,533 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 24% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 40% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.1% of the original price, and the average final contract yielded just 92.9% of their original asking price.
Inside Southeast Raleigh & Johnston Co.
📍 Zip Code 27610 (Southeast Raleigh)
What is the current inventory in 27610?
There are currently 183 active listings and 52 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $325,000.
How quickly do homes sell in Southeast Raleigh?
The median days on market is 25. When homes are priced correctly, buyers act instantly: exactly 22% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 59% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,178 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 27% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 42% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.5% of the original price, and the average final contract yielded just 91.5% of their original asking price.
📍 Zip Code 27529 (Garner)
What is the current inventory in 27529?
There are currently 130 active listings and 66 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $403,100.
How quickly do homes sell in Garner?
The median days on market is 19. When homes are priced correctly, buyers act instantly: exactly 27% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 57% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,669 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 14% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 40% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.1% of the original price, and the average final contract yielded just 94.0% of their original asking price.
📍 Zip Code 27520 (Clayton Core)
What is the current inventory in 27520?
There are currently 127 active listings and 52 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $351,250.
How quickly do homes sell in Clayton Core?
The median days on market is 24. When homes are priced correctly, buyers act instantly: exactly 21% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 51% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,672 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 21% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 40% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.3% of the original price, and the average final contract yielded just 93.7% of their original asking price.
📍 Zip Code 27527 (East Clayton)
What is the current inventory in 27527?
There are currently 179 active listings and 37 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $414,000.
How quickly do homes sell in East Clayton?
The median days on market is 26. When homes are priced correctly, buyers act instantly: exactly 23% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 58% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,430 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 22% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 42% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.8% of the original price, and the average final contract yielded just 93.6% of their original asking price.
Inside Cary Core
📍 Zip Code 27511 (Central Cary)
What is the current inventory in 27511?
There are currently 50 active listings and 26 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $545,000.
How quickly do homes sell in Central Cary?
The median days on market is 6. When homes are priced correctly, buyers act instantly: exactly 54% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 50% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,203 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 19% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 23% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 7.7% of the original price, and the average final contract yielded just 89.7% of their original asking price.
📍 Zip Code 27513 (North Cary)
What is the current inventory in 27513?
There are currently 56 active listings and 35 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $600,000.
How quickly do homes sell in North Cary?
The median days on market is 7. When homes are priced correctly, buyers act instantly: exactly 52% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 58% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,866 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 16% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 24% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.0% of the original price, and the average final contract yielded just 92.1% of their original asking price.
📍 Zip Code 27518 (South Cary)
What is the current inventory in 27518?
There are currently 28 active listings and 20 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $777,500.
How quickly do homes sell in South Cary?
The median days on market is 6. When homes are priced correctly, buyers act instantly: exactly 55% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 50% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,608 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 11% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 20% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 7.8% of the original price, and the average final contract yielded just 90.5% of their original asking price.
📍 Zip Code 27519 (West Cary)
What is the current inventory in 27519?
There are currently 116 active listings and 47 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $815,500.
How quickly do homes sell in West Cary?
The median days on market is 7. When homes are priced correctly, buyers act instantly: exactly 51% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 51% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $4,162 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 16% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 23% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.4% of the original price, and the average final contract yielded just 91.9% of their original asking price.
Inside Southwest Wake County
📍 Zip Code 27502 (Apex Core)
What is the current inventory in 27502?
There are currently 98 active listings and 41 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $680,000.
How quickly do homes sell in Apex Core?
The median days on market is 10. When homes are priced correctly, buyers act instantly: exactly 44% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 55% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $4,109 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 16% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 27% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.6% of the original price, and the average final contract yielded just 92.6% of their original asking price.
📍 Zip Code 27523 (West Apex)
What is the current inventory in 27523?
There are currently 41 active listings and 22 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $875,058.
How quickly do homes sell in West Apex?
The median days on market is 15. When homes are priced correctly, buyers act instantly: exactly 37% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 20% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $8,041 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 19% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 37% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.8% of the original price, and the average final contract yielded just 92.3% of their original asking price.
📍 Zip Code 27540 (Holly Springs)
What is the current inventory in 27540?
There are currently 126 active listings and 60 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $595,000.
How quickly do homes sell in Holly Springs?
The median days on market is 10. When homes are priced correctly, buyers act instantly: exactly 44% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 59% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,773 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 14% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 26% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.1% of the original price, and the average final contract yielded just 92.8% of their original asking price.
📍 Zip Code 27526 (Fuquay-Varina)
What is the current inventory in 27526?
There are currently 296 active listings and 86 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $475,000.
How quickly do homes sell in Fuquay-Varina?
The median days on market is 20. When homes are priced correctly, buyers act instantly: exactly 29% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 54% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,556 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 26% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 34% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.5% of the original price, and the average final contract yielded just 93.6% of their original asking price.
Inside RTP Connector & Durham
📍 Zip Code 27560 (Morrisville)
What is the current inventory in 27560?
There are currently 47 active listings and 9 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $636,250.
How quickly do homes sell in Morrisville?
The median days on market is 14. When homes are priced correctly, buyers act instantly: exactly 42% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 50% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,180 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 20% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 38% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.0% of the original price, and the average final contract yielded just 93.5% of their original asking price.
📍 Zip Code 27617 (Brier Creek Area)
What is the current inventory in 27617?
There are currently 13 active listings and 8 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $575,000.
How quickly do homes sell in Brier Creek Area?
The median days on market is 12. When homes are priced correctly, buyers act instantly: exactly 41% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 68% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $4,682 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 7% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 31% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.4% of the original price, and the average final contract yielded just 94.1% of their original asking price.
📍 Zip Code 27713 (Southpoint Durham)
What is the current inventory in 27713?
There are currently 100 active listings and 39 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $504,000.
How quickly do homes sell in Southpoint Durham?
The median days on market is 12. When homes are priced correctly, buyers act instantly: exactly 40% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 59% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,963 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 10% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 24% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.4% of the original price, and the average final contract yielded just 92.4% of their original asking price.
Inside Northern Markets
📍 Zip Code 27522 (Creedmoor)
What is the current inventory in 27522?
There are currently 30 active listings and 8 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $340,000.
How quickly do homes sell in Creedmoor?
The median days on market is 23. When homes are priced correctly, buyers act instantly: exactly 23% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 60% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,629 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 23% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 35% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.0% of the original price, and the average final contract yielded just 94.4% of their original asking price.
📍 Zip Code 27525 (Granville County Line)
What is the current inventory in 27525?
There are currently 65 active listings and 22 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $373,700.
How quickly do homes sell in Granville County Line?
The median days on market is 22. When homes are priced correctly, buyers act instantly: exactly 28% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 45% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $6,053 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 22% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 45% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.8% of the original price, and the average final contract yielded just 92.4% of their original asking price.
📍 Zip Code 27587 (Wake Forest)
What is the current inventory in 27587?
There are currently 301 active listings and 88 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $586,000.
How quickly do homes sell in Wake Forest?
The median days on market is 21. When homes are priced correctly, buyers act instantly: exactly 28% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 49% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,739 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 23% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 35% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 5.0% of the original price, and the average final contract yielded just 93.0% of their original asking price.
📍 Zip Code 27596 (Youngsville)
What is the current inventory in 27596?
There are currently 93 active listings and 35 homes under contract.
What are homes actually selling for?
Over the past 6 months, the median closed price for a detached home was $410,000.
How quickly do homes sell in Youngsville?
The median days on market is 30. When homes are priced correctly, buyers act instantly: exactly 25% of successful sales went under contract in their very first 7 days.
Are sellers paying closing costs?
It is quite common. 56% of recent buyers successfully negotiated closing cost credits from the seller, applying an average of $5,929 toward their loan terms.
What happens if a home is initially overpriced here?
Overpricing carries a severe penalty. First, 21% of all listings completely failed to sell and expired off the market. For the sellers who overpriced and eventually needed to officially reduce their asking price to secure a contract—those sales represent 46% of all successful sales in the zip code. Of these closed sales where the seller advertised a price drop, the average price drop was 4.5% of the original price, and the average final contract yielded just 94.0% of their original asking price.