How does the housing market look in 27603? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
27603 Raleigh, NC
Median Sale Price
$419,000
9.1%
New Listings
77
11.5%
Number of Homes Sold
65
1.6%
Median Days on Market
25
351.4%
Market Overview
All Home Types
In the last 30 days, homes for sale in 27603, Raleigh, NC sold for a median price of $419,000, up 9.1% compared to the same period last year. The median price per square foot was $202.13, down 6.8% year-over-year. There were 65 homes sold, up from 64 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 27603, Raleigh, NC was 193, up 7.2% compared to last year. In the last 30 days, 77 new homes were listed for sale, down 11.5% year-over-year. The median days on market was 25, up from 5.54 days last year. The months of supply was 1.6, up from 0.78 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 27603, Raleigh, NC had a median sale-to-list-price ratio of 97.59%, down 5.9 pt compared to the same period last year. 18.46% of homes sold above list price, down 50.3 pt year-over-year. 38.46% of homes listed dropped in price, up 32.2 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In 27603
Ramsey Realtors Team Inc • MLS 2501557 • Status: Active
Pulte Home Company LLC • MLS 2501538 • Status: Active
Ramsey Realtors Team Inc • MLS 2501483 • Status: Active
Pulte Home Company LLC • MLS 2501378 • Status: Active
Pulte Home Company LLC • MLS 2501373 • Status: Active
Dogwood Properties • MLS 2501240 • Status: Active
Redfin Corporation • MLS 2501121 • Status: Active
DASH Carolina • MLS 2501122 • Status: Active
eXp Realty, LLC • MLS 2501033 • Status: Active
Fonville Morisey/Lochmere Sales Office • MLS 2501028 • Status: Active
Mynd Management • MLS 2500983 • Status: Active
Choice Residential Real Estate • MLS 2500931 • Status: Active
Keller Williams Legacy • MLS 2500926 • Status: Active
Holleran Real Estate & Consulting LLC • MLS 2500551 • Status: Active
TownSide Properties • MLS 2500416 • Status: Coming Soon
Pulte Home Company LLC • MLS 2500373 • Status: Active
RE/MAX United • MLS 2500276 • Status: Active
Keller Williams Realty • MLS 2500000 • Status: Active
Coldwell Banker Advantage • MLS 2499685 • Status: Active
Choice Residential Real Estate • MLS 2499570 • Status: Active