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Southwest Raleigh

RALEIGH, NC 27606

Real Estate Market Report  ·  Wake County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
110
⇧ 25% vs 88 last year
Pending
30
27% pending ratio
Median Price
$474,165
⇧ 3.1% vs $459,975 last year
Average Price
$613,143
⇩ 8.3% vs $668,813 last year
Days on Market
81
⇧ 42.1% vs 57 days last year

Market Context

Population: 45,546  ·  Density: 718.8/mi²  ·  Median household income: $71,701

Typical home value: $394,705  ·  Homeownership: 37.5%

Market Analysis

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

The RALEIGH, NC real estate market (27606) currently shows 110 active listings, with 30 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 57 days last year.

The median listing price has risen 3.1% year-over-year, from $459,975 to $474,165.

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: 110 this year vs 88 last year
  • Days on market: 81 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $474,165 (+3.1% YoY)
  • Average: $613,143 (-8.3% 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 13.4 miles — 1,914 listings ($1,217,667,475 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27606Raleigh, NC 276060.0 mi110$67,445,730$474,165$613,143
27511Cary, NC 275114.0 mi146$124,980,672$560,000$856,032
27601Raleigh, NC 276015.2 mi68$51,943,908$600,000$763,881
27603Raleigh, NC 276036.1 mi271$145,821,848$449,000$538,088
27513Cary, NC 275136.4 mi93$64,787,706$499,500$696,642
27612Raleigh, NC 276127.7 mi141$89,602,680$475,000$635,480
27610Raleigh, NC 276109.6 mi298$118,497,614$340,000$397,643
27560Morrisville, NC 2756010.2 mi55$30,959,720$494,763$562,904
27519Cary, NC 2751910.6 mi163$119,436,457$600,000$732,739
27615Raleigh, NC 2761511.8 mi125$151,274,500$575,000$1,210,196
27540Holly Springs, NC 2754012.5 mi143$91,068,835$585,000$636,845
27613Raleigh, NC 2761312.9 mi84$77,816,508$572,000$926,387
27616Raleigh, NC 2761613.4 mi217$84,031,297$359,000$387,241

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27606?

As of January 2026, there are 110 active listings in RALEIGH, NC (zip code 27606), compared to 88 the prior year.

What is the median home price in RALEIGH, NC 27606?

The median listing price in RALEIGH, NC 27606 is $474,165 as of January 2026, a 3.1% increase from $459,975 the prior year.

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

Homes in RALEIGH, NC 27606 spend an average of 81 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27606?

Based on current inventory and days-on-market data as of January 2026, RALEIGH, NC 27606 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 57 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 27606 save an estimated $9,483 compared to a typical 5% commission on the median listing price of $474,165. 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.