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Blount Street College Park (Idlewood) Cooke St Cooke Street Depot Historic District East Gateway Fayetteville Street Hargett Oaks Hungry Neck North Monie Lane Oakwood Patterson Green Quarry Hill Shades Pointe Townhomes Shaw Ridge South Bloodworth South East Street Townhomes South Park State Street

RALEIGH, NC 27601

Real Estate Market Report  ·  Wake County
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 27601

Blount Street · College Park (Idlewood) · Cooke St · Cooke Street · Depot Historic District · East Gateway · Fayetteville Street · Hargett Oaks · Hungry Neck North · Monie Lane · Oakwood · Patterson Green · Quarry Hill · Shades Pointe Townhomes · Shaw Ridge · South Bloodworth · South East Street Townhomes · South Park · State Street

Market Analysis

Data as of September 2026. Source: Realtor.com.

The RALEIGH, NC real estate market (27601) currently shows 78 active listings, with 10 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 79 days on market compared to 66 days last year.

The median listing price has risen 3.6% year-over-year, from $620,000 to $642,500.

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Market Context

Market Context

Population: 10,801  ·  Density: 2,293.3/mi²  ·  Median household income: $63,218

Typical home value: $466,224  ·  Homeownership: 25.5%

Market Overview

Active Listings
78
⇩ 11.4% vs 88 last year
Pending
10
13% pending ratio
Median Price
$642,500
⇧ 3.6% vs $620,000 last year
Average Price
$977,026
⇧ 32.6% vs $736,565 last year
Days on Market
79
⇧ 19.7% vs 66 days last year

Price Per Square Foot

Median $/sqft
$416
⇧ 1.5% vs $410/sqft last year
Median Home Size
1,518 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 78 this year vs 88 last year
  • Days on market: 79 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $642,500 (+3.6% YoY)
  • Average: $977,026 (+32.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.0 miles — 1,698 listings ($1,319,207,673 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27601Raleigh, NC 276010.0 mi71$51,961,066$589,750$731,846
27605Raleigh, NC 276051.6 mi42$23,552,088$383,725$560,764
27609Raleigh, NC 276094.8 mi149$231,025,096$795,000$1,550,504
27606Raleigh, NC 276065.2 mi118$71,378,436$430,750$604,902
27607Raleigh, NC 276076.1 mi74$103,587,716$1,063,750$1,399,834
27603Raleigh, NC 276037.7 mi293$158,423,049$449,999$540,693
27511Cary, NC 275118.4 mi145$126,157,250$563,750$870,050
27615Raleigh, NC 276158.6 mi138$168,439,902$577,450$1,220,579
27529Garner, NC 275299.0 mi296$133,953,912$415,475$452,547
27613Raleigh, NC 2761311.4 mi99$90,027,432$607,500$909,368
27539Apex, NC 2753912.0 mi118$79,761,982$606,933$675,949
27560Morrisville, NC 2756012.2 mi66$38,321,382$495,000$580,627
27571Rolesville, NC 2757114.0 mi89$42,618,362$477,740$478,858

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27601?

As of September 2026, there are 78 active listings in RALEIGH, NC (zip code 27601), compared to 88 the prior year.

What is the median home price in RALEIGH, NC 27601?

The median listing price in RALEIGH, NC 27601 is $642,500 as of September 2026, a 3.6% increase from $620,000 the prior year.

How long do homes stay on the market in RALEIGH, NC?

Homes in RALEIGH, NC 27601 spend an average of 79 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27601?

Based on current inventory and days-on-market data as of September 2026, RALEIGH, NC 27601 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 66 days last year.

How much can I save on real estate commission in RALEIGH, NC?

With SELL123.com's maximum 3% commission, sellers in RALEIGH, NC 27601 save an estimated $12,850 compared to a typical 5% commission on the median listing price of $642,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.