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Raleigh, NC 27603 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Raleigh, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.17
ActiveActive listings: 9898PendingPending sales: 1717
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): $482k$482kSoldMedian sold price (last 6 months): $410k$410k
What homes actually sell for in Raleigh, NC
Distribution of 482 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $320k to $550k
$228k to $328k: 108 sales$228k$328k to $427k: 126 sales126sales$427k to $527k: 90 sales$427k$527k to $626k: 53 sales$626k to $726k: 19 sales$626k$726k to $826k: 20 sales$826k to $925k: 11 sales$826k$925k to $1.02M: 6 salesMedian $410k

What the numbers say

As of October 5, 2026, Resideline is tracking 98 active listings and 17 pending sales in ZIP code 27603. That pending-to-active ratio of 0.17 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $482,500, while the median of the 482 closed sales Resideline tracked over the last six months was $410,000. 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 78 days.

Frequently asked questions

What is the median home price in 27603?

The median closed sale price in Raleigh, NC 27603 was $410,000 over the last six months, based on 482 closed sales tracked by Resideline. The middle half of those sales ranged from $320,000 to $550,000.

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

Resideline is currently tracking 17 pending sales against 98 active listings in 27603, a pending-to-active ratio of 0.17. 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

Full Raleigh, NC housing market report →

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