How does the housing market look in 27608? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
27608 Raleigh, NC
Median Sale Price
$741,000
20.4%
New Listings
11
62.1%
Number of Homes Sold
9
10.0%
Median Days on Market
9
440.0%
Market Overview
All Home Types
In the last 30 days, homes for sale in 27608, Raleigh, NC sold for a median price of $741,000, up 20.4% compared to the same period last year. The median price per square foot was $395.43, up 7.9% year-over-year. There were 9 homes sold, down from 10 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 27608, Raleigh, NC was 42, down 8.7% compared to last year. In the last 30 days, 11 new homes were listed for sale, down 62.1% year-over-year. The median days on market was 9, up from 1.67 days last year. The months of supply was 2.89, up from 1.8 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 27608, Raleigh, NC had a median sale-to-list-price ratio of 99.61%, down 2.7 pt compared to the same period last year. 22.22% of homes sold above list price, down 37.8 pt year-over-year. 11.11% of homes listed dropped in price, down 8.9 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 27608
Cambridge & Assoc. R.E. Group • MLS 2501088 • Status: Active
Coldwell Banker Advantage • MLS 2500334 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2500314 • Status: Active
Hodge & Kittrell Sotheby's International Realty • MLS 2499244 • Status: Active
Hodge & Kittrell Sotheby's International Realty • MLS 2499230 • Status: Active
DeRonja Real Estate • MLS 2498807 • Status: Active
Carolina's Choice Real Estate • MLS 2498308 • Status: Active
Compass -- Raleigh • MLS 2495004 • Status: Active
Howard Perry & Walston Realtor • MLS 2494676 • Status: Active
Southern Lux Living • MLS 2494604 • Status: Active
Howard Perry & Walston Realtor • MLS 2494543 • Status: Active
Hodge & Kittrell Sotheby's International Realty • MLS 2493995 • Status: Active
Rich Realty Group • MLS 2493259 • Status: Active
Wieland Properties, Inc. • MLS 2492970 • Status: Active
Raleigh Custom Realty, LLC • MLS 2491501 • Status: Active
Revolution Realty LLC • MLS 2487882 • Status: Active
Compass -- Raleigh • MLS 2485413 • Status: Active
Compass -- Raleigh • MLS 2485402 • Status: Active
Southern Lux Living • MLS 2483677 • Status: Active
Howard Perry & Walston Realtor • MLS 2480228 • Status: Active