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Historic Oakwood

RALEIGH, NC 27640

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

Market Analysis

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

The RALEIGH, NC real estate market (27640) currently shows 1 active listings. Homes are averaging 181 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 181 days on market compared to 15 days last year.

The median listing price has risen 7.1% year-over-year, from $709,900 to $760,000.

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 Context

Market Context

Population: 0  ·  Density: 0.0/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 0.0%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$760,000
⇧ 7.1% vs $709,900 last year
Average Price
$760,000
⇧ 7.1% vs $709,900 last year
Days on Market
181
⇧ 1106.7% vs 15 days last year

Price Per Square Foot

Median $/sqft
$233
⇧ 7.4% vs $217/sqft last year
Median Home Size
3,268 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 181 now vs 15 last year

Median & Average Pricing

Year over Year
  • Median: $760,000 (+7.1% YoY)
  • Average: $760,000 (+7.1% 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
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 14.0 miles — 1,613 listings ($1,283,290,371 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27640Raleigh, NC 276400.0 mi1$760,000$760,000$760,000
27605Raleigh, NC 276050.9 mi42$23,552,088$383,725$560,764
27609Raleigh, NC 276094.0 mi149$231,025,096$795,000$1,550,504
27606Raleigh, NC 276065.5 mi118$71,378,436$430,750$604,902
27612Raleigh, NC 276125.7 mi150$99,040,500$482,500$660,270
27615Raleigh, NC 276157.7 mi138$168,439,902$577,450$1,220,579
27511Cary, NC 275118.3 mi145$126,157,250$563,750$870,050
27603Raleigh, NC 276038.5 mi293$158,423,049$449,999$540,693
27513Cary, NC 275139.2 mi92$60,218,416$499,000$654,548
27613Raleigh, NC 2761310.5 mi99$90,027,432$607,500$909,368
27617Raleigh, NC 2761711.2 mi89$40,669,173$427,500$456,957
27539Apex, NC 2753912.3 mi118$79,761,982$606,933$675,949
27519Cary, NC 2751914.0 mi179$133,837,047$602,250$747,693

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27640?

As of March 2026, there are 1 active listings in RALEIGH, NC (zip code 27640), compared to 1 the prior year.

What is the median home price in RALEIGH, NC 27640?

The median listing price in RALEIGH, NC 27640 is $760,000 as of March 2026, a 7.1% increase from $709,900 the prior year.

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

Homes in RALEIGH, NC 27640 spend an average of 181 days on the market before going under contract, compared to 15 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27640?

Based on current inventory and days-on-market data as of March 2026, RALEIGH, NC 27640 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 181 days on market compared to 15 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 27640 save an estimated $15,200 compared to a typical 5% commission on the median listing price of $760,000. 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.