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RALEIGH, NC 27607

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

Market Overview

Active Listings
70
⇧ 1.4% vs 69 last year
Pending
20
29% pending ratio
Median Price
$975,000
⇩ 9.4% vs $1,075,767 last year
Average Price
$1,299,075
⇧ 3% vs $1,260,950 last year
Days on Market
90
⇧ 15.4% vs 78 days last year

Market Context

Population: 26,026  ·  Density: 578.4/mi²  ·  Median household income: $89,179

Typical home value: $567,871  ·  Homeownership: 46.6%

Market Analysis

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

The RALEIGH, NC real estate market (27607) currently shows 70 active listings, with 20 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 90 days on market compared to 78 days last year.

The median listing price has fallen 9.4% year-over-year, from $1,075,767 to $975,000.

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: 70 this year vs 69 last year
  • Days on market: 90 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $975,000 (-9.4% YoY)
  • Average: $1,299,075 (+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 13.2 miles — 1,726 listings ($1,292,435,855 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27607Raleigh, NC 276070.0 mi70$90,935,250$975,000$1,299,075
27513Cary, NC 275134.4 mi93$64,787,706$499,500$696,642
27605Raleigh, NC 276054.6 mi40$26,486,480$387,000$662,162
27609Raleigh, NC 276095.5 mi141$210,585,756$855,000$1,493,516
27560Morrisville, NC 275606.1 mi55$30,959,720$494,763$562,904
27617Raleigh, NC 276176.4 mi77$35,728,077$430,000$464,001
27613Raleigh, NC 276137.3 mi84$77,816,508$572,000$926,387
27519Cary, NC 275199.0 mi163$119,436,457$600,000$732,739
27614Raleigh, NC 2761410.5 mi153$184,825,530$600,000$1,208,010
27616Raleigh, NC 2761611.1 mi217$84,031,297$359,000$387,241
27610Raleigh, NC 2761011.5 mi298$118,497,614$340,000$397,643
27502Apex, NC 2750212.3 mi180$114,670,980$555,000$637,061
27523Apex, NC 2752313.2 mi155$133,674,480$650,000$862,416

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27607?

As of January 2026, there are 70 active listings in RALEIGH, NC (zip code 27607), compared to 69 the prior year.

What is the median home price in RALEIGH, NC 27607?

The median listing price in RALEIGH, NC 27607 is $975,000 as of January 2026, a 9.4% decrease from $1,075,767 the prior year.

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

Homes in RALEIGH, NC 27607 spend an average of 90 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27607?

Based on current inventory and days-on-market data as of January 2026, RALEIGH, NC 27607 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 90 days on market compared to 78 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 27607 save an estimated $19,500 compared to a typical 5% commission on the median listing price of $975,000. 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.