Start Free
All market snapshots / 27609

Raleigh, NC 27609 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: 0.16
ActiveActive listings: 6363PendingPending sales: 1010
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): $800k$800kSoldMedian sold price (last 6 months): $625k$625k
What homes actually sell for in Raleigh, NC
Distribution of 296 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $385k to $990k
$243k to $588k: 126 sales126sales$243k$588k to $932k: 80 sales$932k to $1.28M: 20 sales$932k$1.28M to $1.62M: 7 sales$1.62M to $1.97M: 7 sales$1.62M$1.97M to $2.31M: 18 sales$2.31M to $2.66M: 3 sales$2.31M$2.66M to $3M: 6 salesMedian $625k

What the numbers say

As of October 5, 2026, Resideline is tracking 63 active listings and 10 pending sales in ZIP code 27609. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $800,000, while the median of the 296 closed sales Resideline tracked over the last six months was $625,000. 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 27609 for 106 days.

Frequently asked questions

What is the median home price in 27609?

The median closed sale price in Raleigh, NC 27609 was $625,000 over the last six months, based on 296 closed sales tracked by Resideline. The middle half of those sales ranged from $385,000 to $990,000.

Is 27609 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 63 active listings in 27609, a pending-to-active ratio of 0.16. 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, 27609 currently looks like a balanced market.

Nearby ZIP code market data

Full Raleigh, NC housing market report →

Running a deal in 27609? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 27609 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.