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North Hills

RALEIGH, NC 27609

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

Market Overview

Active Listings
141
⇧ 12.8% vs 125 last year
Pending
35
25% pending ratio
Median Price
$855,000
⇧ 6.9% vs $800,000 last year
Average Price
$1,493,516
⇩ 1.4% vs $1,514,839 last year
Days on Market
67
⇩ 17.3% vs 81 days last year

Market Context

Population: 35,038  ·  Density: 1,236.4/mi²  ·  Median household income: $78,118

Typical home value: $399,214  ·  Homeownership: 49.5%

Market Analysis

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

The RALEIGH, NC real estate market (27609) currently shows 141 active listings, with 35 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 67 days on market compared to 81 days last year.

The median listing price has risen 6.9% year-over-year, from $800,000 to $855,000.

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: 141 this year vs 125 last year
  • Days on market: 67 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $855,000 (+6.9% YoY)
  • Average: $1,493,516 (-1.4% 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 14.4 miles — 1,956 listings ($1,300,114,809 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27609Raleigh, NC 276090.0 mi141$210,585,756$855,000$1,493,516
27615Raleigh, NC 276153.7 mi125$151,274,500$575,000$1,210,196
27612Raleigh, NC 276124.0 mi141$89,602,680$475,000$635,480
27601Raleigh, NC 276014.8 mi68$51,943,908$600,000$763,881
27616Raleigh, NC 276165.6 mi217$84,031,297$359,000$387,241
27613Raleigh, NC 276137.2 mi84$77,816,508$572,000$926,387
27606Raleigh, NC 276068.6 mi110$67,445,730$474,165$613,143
27545Knightdale, NC 275459.5 mi127$60,410,471$444,000$475,673
27511Cary, NC 2751110.2 mi146$124,980,672$560,000$856,032
27560Morrisville, NC 2756010.8 mi55$30,959,720$494,763$562,904
27518Cary, NC 2751811.2 mi39$37,505,988$747,500$961,692
27703Durham, NC 2770312.7 mi416$185,241,888$415,300$445,293
27591Wendell, NC 2759114.4 mi287$128,315,691$395,140$447,093

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27609?

As of January 2026, there are 141 active listings in RALEIGH, NC (zip code 27609), compared to 125 the prior year.

What is the median home price in RALEIGH, NC 27609?

The median listing price in RALEIGH, NC 27609 is $855,000 as of January 2026, a 6.9% increase from $800,000 the prior year.

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

Homes in RALEIGH, NC 27609 spend an average of 67 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27609?

Based on current inventory and days-on-market data as of January 2026, RALEIGH, NC 27609 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 67 days on market compared to 81 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 27609 save an estimated $17,100 compared to a typical 5% commission on the median listing price of $855,000. 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.