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RALEIGH, NC 27603

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

Market Overview

Active Listings
271
⇧ 8% vs 251 last year
Pending
93
34% pending ratio
Median Price
$449,000
⇩ 6.8% vs $481,623 last year
Average Price
$538,088
⇩ 11.5% vs $607,819 last year
Days on Market
78
⇩ 8.2% vs 85 days last year

Market Context

Population: 53,535  ·  Density: 402.1/mi²  ·  Median household income: $84,569

Typical home value: $310,739  ·  Homeownership: 61.1%

Market Analysis

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

The RALEIGH, NC real estate market (27603) currently shows 271 active listings, with 93 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are selling faster, averaging 78 days on market compared to 85 days last year.

The median listing price has fallen 6.8% year-over-year, from $481,623 to $449,000.

Whether you are buying or selling in RALEIGH, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 271 this year vs 251 last year
  • Days on market: 78 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $449,000 (-6.8% YoY)
  • Average: $538,088 (-11.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.1 miles — 2,237 listings ($1,293,549,596 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27603Raleigh, NC 276030.0 mi271$145,821,848$449,000$538,088
27606Raleigh, NC 276066.1 mi110$67,445,730$474,165$613,143
27518Cary, NC 275187.7 mi39$37,505,988$747,500$961,692
27610Raleigh, NC 276108.5 mi298$118,497,614$340,000$397,643
27605Raleigh, NC 276058.7 mi40$26,486,480$387,000$662,162
27608Raleigh, NC 2760810.1 mi76$119,788,996$1,422,500$1,576,171
27607Raleigh, NC 2760711.5 mi70$90,935,250$975,000$1,299,075
27501Angier, NC 2750112.3 mi235$93,399,575$372,045$397,445
27540Holly Springs, NC 2754012.4 mi143$91,068,835$585,000$636,845
27526Fuquay Varina, NC 2752612.6 mi472$236,294,528$446,800$500,624
27545Knightdale, NC 2754513.2 mi127$60,410,471$444,000$475,673
27527Clayton, NC 2752715.6 mi193$86,457,824$415,000$447,968
27519Cary, NC 2751916.1 mi163$119,436,457$600,000$732,739

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27603?

As of January 2026, there are 271 active listings in RALEIGH, NC (zip code 27603), compared to 251 the prior year.

What is the median home price in RALEIGH, NC 27603?

The median listing price in RALEIGH, NC 27603 is $449,000 as of January 2026, a 6.8% decrease from $481,623 the prior year.

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

Homes in RALEIGH, NC 27603 spend an average of 78 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27603?

Based on current inventory and days-on-market data as of January 2026, RALEIGH, NC 27603 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are selling faster, averaging 78 days on market compared to 85 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 27603 save an estimated $8,980 compared to a typical 5% commission on the median listing price of $449,000. 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.