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Raleigh, NC 27603 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Raleigh, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 106106PendingPending sales: 1212
Raleigh, NC: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $403k$403kSoldMedian sold price (last 6 months): $415k$415k
What homes actually sell for in Raleigh, NC
Distribution of 487 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $319k to $548k
$240k to $330k: 118 sales118sales$240k$330k to $420k: 106 sales$420k to $510k: 90 sales$420k$510k to $600k: 54 sales$600k to $690k: 29 sales$600k$690k to $780k: 22 sales$780k to $870k: 11 sales$780k$870k to $960k: 8 salesMedian $415k

What the numbers say

As of September 14, 2026, Resideline is tracking 106 active listings and 12 pending sales in ZIP code 27603. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $402,750, while the median of the 487 closed sales Resideline tracked over the last six months was $415,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 27603 for 67 days.

Frequently asked questions

What is the median home price in 27603?

The median closed sale price in Raleigh, NC 27603 was $415,000 over the last six months, based on 487 closed sales tracked by Resideline. The middle half of those sales ranged from $318,990 to $547,500.

Is 27603 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 106 active listings in 27603, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 27603 currently looks like a balanced market.

Nearby ZIP code market data

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