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Raleigh, NC 27604 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: 0.14
ActiveActive listings: 9595PendingPending sales: 1313
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): $320k$320kSoldMedian sold price (last 6 months): $348k$348k
What homes actually sell for in Raleigh, NC
Distribution of 384 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $298k to $430k
$205k to $291k: 70 sales$205k$291k to $378k: 150 sales150sales$378k to $464k: 63 sales$378k$464k to $550k: 26 sales$550k to $636k: 12 sales$550k$636k to $722k: 8 sales$722k to $809k: 11 sales$722k$809k to $895k: 6 salesMedian $348k

What the numbers say

As of September 14, 2026, Resideline is tracking 95 active listings and 13 pending sales in ZIP code 27604. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $319,800, while the median of the 384 closed sales Resideline tracked over the last six months was $347,500. 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 27604 for 70 days.

Frequently asked questions

What is the median home price in 27604?

The median closed sale price in Raleigh, NC 27604 was $347,500 over the last six months, based on 384 closed sales tracked by Resideline. The middle half of those sales ranged from $298,000 to $430,000.

Is 27604 a buyer's or seller's market?

Resideline is currently tracking 13 pending sales against 95 active listings in 27604, a pending-to-active ratio of 0.14. 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, 27604 currently looks like a balanced market.

Nearby ZIP code market data

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