How does the housing market look in 27617? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
27617 Raleigh, NC
Median Sale Price
$410,000
2.2%
New Listings
28
20.0%
Number of Homes Sold
17
45.2%
Median Days on Market
14
117.8%
Market Overview
All Home Types
In the last 30 days, homes for sale in 27617, Raleigh, NC sold for a median price of $410,000, up 2.2% compared to the same period last year. The median price per square foot was $216.17, down 6.4% year-over-year. There were 17 homes sold, down from 31 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.
Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get Started
Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 27617, Raleigh, NC was 50. In the last 30 days, 28 new homes were listed for sale, down 20% year-over-year. The median days on market was 14, up from 6.43 days last year. The months of supply was 1.53, up from 0.45 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.
Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start Quiz
Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 27617, Raleigh, NC had a median sale-to-list-price ratio of 97.37%, down 10.8 pt compared to the same period last year. 23.53% of homes sold above list price, down 60.3 pt year-over-year. 35.29% of homes listed dropped in price, up 32.1 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.
Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get Started
Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In 27617
Keller Williams Realty • MLS 2502651 • Status: Active
Hudson Residential Brokerage • MLS 2502589 • Status: Active
Howard Perry & Walston Realtor • MLS 2502515 • Status: Active
Fonville Morisey/Durham Sales Office • MLS 2502315 • Status: Active
Berkshire Hathaway HomeService • MLS 2502266 • Status: Active
Angela Drum Team Realtors • MLS 2501238 • Status: Active
HomeTowne Realty • MLS 2501099 • Status: Active
Keller Williams Preferred Realty • MLS 2499810 • Status: Active
Allen Tate/Raleigh-Glenwood • MLS 2499666 • Status: Active
Compass -- Raleigh • MLS 2499641 • Status: Active
eXp Realty, LLC • MLS 2499108 • Status: Active
The Barker Realty Group LLC • MLS 2498283 • Status: Coming Soon
Howard Perry & Walston Realtor • MLS 2497721 • Status: Active
CORE Realty Group LLC • MLS 2496295 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2494443 • Status: Active
DuBois Property Group • MLS 2493601 • Status: Active
Shenandoah Real Estate, LLC • MLS 2490830 • Status: Active
EXP Realty LLC • MLS 2488889 • Status: Active
Shenandoah Real Estate, LLC • MLS 2483980 • Status: Active