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RALEIGH, NC 27608

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

Market Overview

Active Listings
76
⇧ 13.4% vs 67 last year
Pending
20
26% pending ratio
Median Price
$1,422,500
⇩ 0.1% vs $1,423,750 last year
Average Price
$1,576,171
⇧ 3.8% vs $1,518,211 last year
Days on Market
77
⇩ 43.4% vs 136 days last year

Market Context

Population: 12,069  ·  Density: 1,350.6/mi²  ·  Median household income: $148,261

Typical home value: $832,249  ·  Homeownership: 75.4%

Market Analysis

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

The RALEIGH, NC real estate market (27608) currently shows 76 active listings, with 20 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 77 days on market compared to 136 days last year.

The median listing price has fallen 0.1% year-over-year, from $1,423,750 to $1,422,500.

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: 76 this year vs 67 last year
  • Days on market: 77 now vs 136 last year

Median & Average Pricing

Year over Year
  • Median: $1,422,500 (-0.1% YoY)
  • Average: $1,576,171 (+3.8% 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 — 1,961 listings ($1,403,508,240 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27608Raleigh, NC 276080.0 mi76$119,788,996$1,422,500$1,576,171
27609Raleigh, NC 276092.5 mi141$210,585,756$855,000$1,493,516
27612Raleigh, NC 276124.2 mi141$89,602,680$475,000$635,480
27604Raleigh, NC 276044.8 mi170$80,459,810$375,000$473,293
27606Raleigh, NC 276066.2 mi110$67,445,730$474,165$613,143
27616Raleigh, NC 276167.3 mi217$84,031,297$359,000$387,241
27513Cary, NC 275138.6 mi93$64,787,706$499,500$696,642
27518Cary, NC 275189.0 mi39$37,505,988$747,500$961,692
27614Raleigh, NC 276149.6 mi153$184,825,530$600,000$1,208,010
27603Raleigh, NC 2760310.1 mi271$145,821,848$449,000$538,088
27529Garner, NC 2752911.6 mi284$128,473,364$425,000$452,371
27539Apex, NC 2753913.0 mi103$70,743,078$628,418$686,826
27519Cary, NC 2751913.4 mi163$119,436,457$600,000$732,739

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27608?

As of January 2026, there are 76 active listings in RALEIGH, NC (zip code 27608), compared to 67 the prior year.

What is the median home price in RALEIGH, NC 27608?

The median listing price in RALEIGH, NC 27608 is $1,422,500 as of January 2026, a 0.1% decrease from $1,423,750 the prior year.

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

Homes in RALEIGH, NC 27608 spend an average of 77 days on the market before going under contract, compared to 136 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27608?

Based on current inventory and days-on-market data as of January 2026, RALEIGH, NC 27608 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 77 days on market compared to 136 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 27608 save an estimated $28,450 compared to a typical 5% commission on the median listing price of $1,422,500. 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.