Start Free
All market snapshots / 27603

Raleigh, NC 27603 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Raleigh, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.26
ActiveActive listings: 101101PendingPending sales: 2626
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): $465k$465kSoldMedian sold price (last 6 months): $402k$402k
What homes actually sell for in Raleigh, NC
Distribution of 449 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $320k to $545k
$240k to $341k: 134 sales134sales$240k$341k to $442k: 104 sales$442k to $544k: 78 sales$442k$544k to $645k: 44 sales$645k to $746k: 17 sales$645k$746k to $848k: 16 sales$848k to $949k: 8 sales$848k$949k to $1.05M: 5 salesMedian $402k

What the numbers say

As of October 26, 2026, Resideline is tracking 101 active listings and 26 pending sales in ZIP code 27603. That pending-to-active ratio of 0.26 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $464,999, while the median of the 449 closed sales Resideline tracked over the last six months was $402,500. 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 92 days.

Frequently asked questions

What is the median home price in 27603?

The median closed sale price in Raleigh, NC 27603 was $402,500 over the last six months, based on 449 closed sales tracked by Resideline. The middle half of those sales ranged from $320,500 to $545,000.

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

Resideline is currently tracking 26 pending sales against 101 active listings in 27603, a pending-to-active ratio of 0.26. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 27603 is currently a faster-moving market.

Nearby ZIP code market data

Full Raleigh, NC housing market report →

Running a deal in 27603? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 27603 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.