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Alpha Anderson Heights Arlington Place Ashland Place Barton Place Townhomes Bloomsbury Historic District Budleigh Cambridge Cameron View Townes Cartier Place Chester Place Coley Country Club Houses Country Club Villas Dylan Court Townhomes Fairfield Fairview Park Fallon Oaks Five Points Village Flythe Hills Forest Acres Georgetown Glenanneve Place Goode-Branch Townhomes Grove View Harvey Streets Commons Hayes Barton Historic District Hi Mount High Park Townhomes Kenmore Knowles Place Townhomes Lake Boone Place Lowden Street Oberlin Road Townhomes Oberlin Village Oxford Park Parker Townhomes Ridgecrest Ridgeway Roanoke Park Sasser Homes Scales Street Townhomes Sunset Hills Tatton Place The Oberlin Vanguard Park Villa Park Village of Oxford Park Wake Hills Wayland Heights Whitaker Park Whitaker Townes Whitaker Townhomes White Oak Forest Williamsborough

RALEIGH, NC 27608

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 27608

Alpha · Anderson Heights · Arlington Place · Ashland Place · Barton Place Townhomes · Bloomsbury Historic District · Budleigh · Cambridge · Cameron View Townes · Cartier Place · Chester Place · Coley · Country Club Houses · Country Club Villas · Dylan Court Townhomes · Fairfield · Fairview Park · Fallon Oaks · Five Points Village · Flythe Hills · Forest Acres · Georgetown · Glenanneve Place · Goode-Branch Townhomes · Grove View · Harvey Streets Commons · Hayes Barton Historic District · Hi Mount · High Park Townhomes · Kenmore · Knowles Place Townhomes · Lake Boone Place · Lowden Street · Oberlin Road Townhomes · Oberlin Village · Oxford Park · Parker Townhomes · Ridgecrest · Ridgeway · Roanoke Park · Sasser Homes · Scales Street Townhomes · Sunset Hills · Tatton Place · The Oberlin · Vanguard Park · Villa Park · Village of Oxford Park · Wake Hills · Wayland Heights · Whitaker Park · Whitaker Townes · Whitaker Townhomes · White Oak Forest · Williamsborough

Market Analysis

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

The RALEIGH, NC real estate market (27608) currently shows 106 active listings, with 35 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 72 days on market compared to 60 days last year.

The median listing price has fallen 19.2% year-over-year, from $1,198,000 to $968,125.

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 Context

Market Context

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

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

Market Overview

Active Listings
106
⇩ 3.6% vs 110 last year
Pending
35
33% pending ratio
Median Price
$968,125
⇩ 19.2% vs $1,198,000 last year
Average Price
$1,291,899
⇩ 3.6% vs $1,340,324 last year
Days on Market
72
⇧ 20% vs 60 days last year

Price Per Square Foot

Median $/sqft
$455
⇩ 7% vs $489/sqft last year
Median Home Size
2,302 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 106 this year vs 110 last year
  • Days on market: 72 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $968,125 (-19.2% YoY)
  • Average: $1,291,899 (-3.6% 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 13.0 miles — 1,797 listings ($1,367,759,708 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27608Raleigh, NC 276080.0 mi80$117,852,720$1,198,750$1,473,159
27640Raleigh, NC 276401.7 mi1$760,000$760,000$760,000
27601Raleigh, NC 276012.6 mi71$51,961,066$589,750$731,846
27607Raleigh, NC 276074.5 mi74$103,587,716$1,063,750$1,399,834
27615Raleigh, NC 276156.1 mi138$168,439,902$577,450$1,220,579
27610Raleigh, NC 276107.3 mi300$123,856,200$352,875$412,854
27511Cary, NC 275118.3 mi145$126,157,250$563,750$870,050
27613Raleigh, NC 276138.8 mi99$90,027,432$607,500$909,368
27545Knightdale, NC 275459.6 mi135$63,575,685$434,900$470,931
27617Raleigh, NC 276179.7 mi89$40,669,173$427,500$456,957
27560Morrisville, NC 2756010.5 mi66$38,321,382$495,000$580,627
27571Rolesville, NC 2757112.8 mi89$42,618,362$477,740$478,858
27587Wake Forest, NC 2758713.0 mi510$399,932,820$550,750$784,182

Frequently Asked Questions

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

As of July 2026, there are 106 active listings in RALEIGH, NC (zip code 27608), compared to 110 the prior year.

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

The median listing price in RALEIGH, NC 27608 is $968,125 as of July 2026, a 19.2% decrease from $1,198,000 the prior year.

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

Homes in RALEIGH, NC 27608 spend an average of 72 days on the market before going under contract, compared to 60 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 July 2026, RALEIGH, NC 27608 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 72 days on market compared to 60 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 $19,363 compared to a typical 5% commission on the median listing price of $968,125. 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.