NE & E Raleigh Market Audit: July 28, 2026

GROUNDED DATA PROTOCOL:

Manual audit of Single-Family detached resale inventory only; new construction excluded. Prices reflect the 344 active listings on the market July 28, 2026. Days on market reflect the 146 listings currently under contract — the homes buyers actually chose.

Zip Avg Price (Active) Med Price (Active) Avg DOM (Pending) Med DOM (Pending)
27604 $485,770 $384,950 33 Days 22 Days
27616 $433,460 $419,900 39 Days 26 Days
27545 $416,166 $399,000 32 Days 15 Days
27591 $459,861 $424,900 38 Days 28 Days

Grounded Perspective

Pricing: This sector remains the Triangle’s volume value play, with all four zip codes posting medians between $384,950 and $399,000. East Raleigh (27604) is the outlier on spread: a $485,770 average against a $384,950 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 22 days. Northeast Raleigh and Wendell run at 26 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 344 active detached resales against 146 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.

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