Call or Text (240) SELL-123

RALEIGH, NC 27617

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

Market Analysis

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

The RALEIGH, NC real estate market (27617) currently shows 101 active listings, with 22 pending sales. Homes are averaging 58 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 58 days on market compared to 53 days last year.

The median listing price has fallen 6.9% year-over-year, from $425,000 to $395,875.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for RALEIGH, NC 27617 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 19,202  ·  Density: 896.3/mi²  ·  Median household income: $102,207

Typical home value: $417,544  ·  Homeownership: 44.6%

Market Overview

Active Listings
101
⇩ 3.8% vs 105 last year
Pending
22
22% pending ratio
Median Price
$395,875
⇩ 6.9% vs $425,000 last year
Average Price
$439,101
⇩ 10% vs $487,958 last year
Days on Market
58
⇧ 9.4% vs 53 days last year

Price Per Square Foot

Median $/sqft
$211
⇩ 4.5% vs $221/sqft last year
Median Home Size
1,942 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 105 last year
  • Days on market: 58 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $395,875 (-6.9% YoY)
  • Average: $439,101 (-10% 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 13.4 miles — 2,219 listings ($1,396,643,744 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27617Raleigh, NC 276170.0 mi89$40,669,173$427,500$456,957
27703Durham, NC 277034.3 mi440$194,054,080$404,033$441,032
27612Raleigh, NC 276125.5 mi150$99,040,500$482,500$660,270
27513Cary, NC 275137.4 mi92$60,218,416$499,000$654,548
27614Raleigh, NC 276148.9 mi158$189,471,388$622,500$1,199,186
27713Durham, NC 277139.3 mi183$112,543,353$408,500$614,991
27701Durham, NC 277019.5 mi118$73,869,770$460,500$626,015
27704Durham, NC 277049.8 mi185$67,665,970$329,950$365,762
27605Raleigh, NC 2760510.4 mi42$23,552,088$383,725$560,764
27640Raleigh, NC 2764011.2 mi1$760,000$760,000$760,000
27601Raleigh, NC 2760112.0 mi71$51,961,066$589,750$731,846
27604Raleigh, NC 2760413.1 mi180$82,905,120$358,325$460,584
27587Wake Forest, NC 2758713.4 mi510$399,932,820$550,750$784,182

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27617?

As of September 2026, there are 101 active listings in RALEIGH, NC (zip code 27617), compared to 105 the prior year.

What is the median home price in RALEIGH, NC 27617?

The median listing price in RALEIGH, NC 27617 is $395,875 as of September 2026, a 6.9% decrease from $425,000 the prior year.

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

Homes in RALEIGH, NC 27617 spend an average of 58 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27617?

Based on current inventory and days-on-market data as of September 2026, RALEIGH, NC 27617 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 58 days on market compared to 53 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 27617 save an estimated $7,918 compared to a typical 5% commission on the median listing price of $395,875. 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.