ITB Core Market Audit: July 9, 2026

GROUNDED DATA PROTOCOL:

Manual audit of Single-Family detached resale inventory only; new construction excluded. Prices reflect the 95 active listings on the market July 9, 2026. Days on market reflect the 44 listings currently under contract, the homes buyers actually chose.

Zip Avg Price (Active) Med Price (Active) Avg DOM (Pending) Med DOM (Pending)
27601 $594,235 $532,500 41 Days 25 Days
27605 $1,508,400 $1,325,000 36 Days 23 Days
27607 $1,472,586 $899,000 67 Days 44 Days
27608 $1,476,188 $1,295,000 33 Days 15 Days

Grounded Perspective

Pricing: Inside the Beltline remains a tale of two markets separated by a few blocks. Downtown and Historic East Raleigh (27601) is the accessible entry at a $530,000 median, with the deepest inventory in the audit at 37 active detached listings. From there the ladder climbs steeply: Five Points (27608) posts a $1,295,000 median, West Raleigh (27607) carries trophy inventory that stretches to $5.5 million, and the Village District corridor (27605), the thinnest market in the group at 13 active listings, holds a $1.33 million median. Across the sector, averages run well above medians, the signature of a market where renovated and architect-built product shares streets with original housing stock.

Velocity: These timelines come from the homes currently under contract, the listings whose price and presentation matched the buyer market. Five Points is the standout: a median of just 15 days to contract, the fastest reading in this audit. The Village District follows at 23 days and Downtown (27601) at 25. West Raleigh runs longest at a 44-day median, with 27607’s average inflated by a handful of long-hold luxury contracts. The pattern is consistent: prepared, correctly-priced ITB homes still command contracts in two to four weeks even at seven-figure price points.

The Bottom Line

The ITB core enters mid-summer with 95 active detached resale listings against 44 under contract, and medians spanning $532,500 downtown to $1,325,000 in the Village District corridor. Demand for finished, well-located product inside the Beltline remains structurally strong; scarcity does the heavy lifting. But the growing shelf of active inventory means buyers can finally compare, and sellers who price to last year’s frenzy will watch better-prepared neighbors go under contract first.

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