How does the housing market look in 27612? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
27612 Raleigh, NC
Median Sale Price
$475,000
10.7%
New Listings
38
44.1%
Number of Homes Sold
49
2.0%
Median Days on Market
10
84.2%
Market Overview
All Home Types
In the last 30 days, homes for sale in 27612, Raleigh, NC sold for a median price of $475,000, up 10.7% compared to the same period last year. The median price per square foot was $249.68, down 0.6% year-over-year. There were 49 homes sold, down from 50 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 27612, Raleigh, NC was 94, down 6% compared to last year. In the last 30 days, 38 new homes were listed for sale, down 44.1% year-over-year. The median days on market was 10, up from 5.43 days last year. The months of supply was 0.61, up from 0.32 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 27612, Raleigh, NC had a median sale-to-list-price ratio of 99.86%, down 8.4 pt compared to the same period last year. 36.74% of homes sold above list price, down 41.3 pt year-over-year. 28.57% of homes listed dropped in price, up 18.6 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 27612
Ivey Residential • MLS 2502787 • Status: Coming Soon
Howard Perry & Walston Realtor • MLS 2502782 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2502748 • Status: Active
Mark Spain Real Estate • MLS 2502656 • Status: Coming Soon
Fonville Morisey/Lochmere Sales Office • MLS 2502624 • Status: Active
Realty Executives of Hickory • MLS 4016146 • Status: Active
Heyward Realty • MLS 2502466 • Status: Active
RE/MAX United • MLS 2502248 • Status: Active
Howard Perry & Walston Realtor • MLS 2502172 • Status: Active
The Ocean Group • MLS 2501753 • Status: Coming Soon
Linda Craft Team, REALTORS • MLS 2501226 • Status: Active
BHHS McMillen & Associates Rea • MLS 2500805 • Status: Active
Allen Tate/Raleigh-Falls Neuse • MLS 2500567 • Status: Coming Soon
Berkshire Hathaway HomeServices YSU • MLS 2500556 • Status: Active
Savi Real Estate Group, LLC • MLS 2500548 • Status: Active
Homestate Residential, LLC • MLS 2499170 • Status: Active
EXP Realty LLC • MLS 2496729 • Status: Active
EXP Realty LLC • MLS 2496613 • Status: Active
Engel & Volkers Raleigh • MLS 2494948 • Status: Active
Howard Perry & Walston Realtor • MLS 2493159 • Status: Active