How does the housing market look in 27609? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
27609 Raleigh, NC
Median Sale Price
$516,000
3.6%
New Listings
35
23.9%
Number of Homes Sold
39
34.5%
Median Days on Market
5
25.5%
Market Overview
All Home Types
In the last 30 days, homes for sale in 27609, Raleigh, NC sold for a median price of $516,000, down 3.6% compared to the same period last year. The median price per square foot was $286.61, up 8.7% year-over-year. There were 39 homes sold, up from 29 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 27609, Raleigh, NC was 97, down 3% compared to last year. In the last 30 days, 35 new homes were listed for sale, down 23.9% year-over-year. The median days on market was 5.33, up from 4.25 days last year. The months of supply was 1.1, down from 1.14 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 27609, Raleigh, NC had a median sale-to-list-price ratio of 100.06%, down 7.3 pt compared to the same period last year. 46.15% of homes sold above list price, down 29.7 pt year-over-year. 15.39% of homes listed dropped in price, up 8.5 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 27609
Jim Ta • MLS 2501077 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2500400 • Status: Active
Hodge & Kittrell Sotheby's International Realty • MLS 2500312 • Status: Active
Howard Perry & Walston Realtor • MLS 2500064 • Status: Active
Keller Williams Realty • MLS 2499887 • Status: Active
The Sold It Again Team, Inc. • MLS 2499203 • Status: Active
Hodge & Kittrell Sotheby's International Realty • MLS 2498817 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2498610 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2498464 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2498361 • Status: Active
Cambridge & Assoc. R.E. Group • MLS 2497331 • Status: Active
Indeed Realty • MLS 2497085 • Status: Active
Hodge & Kittrell Sotheby's International Realty • MLS 2495466 • Status: Active
Compass -- Raleigh • MLS 2495413 • Status: Active
Keller Williams Realty • MLS 2495255 • Status: Active
Howard Perry & Walston Realtor • MLS 2495196 • Status: Active
Redfin Corporation • MLS 2494303 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2494106 • Status: Active
Howard Perry & Walston Realtor • MLS 2493991 • Status: Active
Mark Spain Real Estate • MLS 2493691 • Status: Active