GROUNDED DATA PROTOCOL:
Manual audit of Single-Family detached resale inventory only; new construction excluded. Prices reflect the 333 active listings on the market July 9, 2026. Days on market reflect the 167 listings currently under contract — the homes buyers actually chose.
| Zip | Avg Price (Active) | Med Price (Active) | Avg DOM (Pending) | Med DOM (Pending) |
|---|---|---|---|---|
| 27604 | $512,639 | $389,950 | 35 Days | 16 Days |
| 27616 | $429,068 | $419,900 | 39 Days | 24 Days |
| 27545 | $458,151 | $424,950 | 42 Days | 16 Days |
| 27591 | $469,018 | $419,000 | 42 Days | 24 Days |
Grounded Perspective
Pricing: This sector remains the Triangle’s volume value play, with all four zip codes posting medians between $389,950 and $424,950. East Raleigh (27604) is the outlier on spread: a $512,639 average against a $389,950 median, a corridor where renovated ITB-adjacent product shares the market with entry-level stock. Knightdale (27545) and Wendell (27591) carry deep inventory as the growth front of eastern Wake, while Northeast Raleigh (27616) offers the tightest, most conventional distribution in the group.
Velocity: Under-contract timelines tell a two-speed story. Homes in East Raleigh (27604) and Knightdale (27545) that matched the market went under contract at a median of just 16 days. Northeast Raleigh and Wendell run at 24 days. That is still healthy, but with averages in the mid-30s to low-40s across the sector, the gap between a prepared listing and a hopeful one is measured in months.
The Bottom Line
Northeast Wake holds 333 active detached resales against 167 under contract, with medians clustered around the low $400s. It stays the county’s most accessible volume market. Buyer traffic is real but selective. Sellers who prepare and price to the data are still moving in two to three weeks, while overpriced inventory sits.