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Raleigh, NC 27617 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: 0.08
ActiveActive listings: 3939PendingPending sales: 33
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): $469k$469kSoldMedian sold price (last 6 months): $428k$428k
What homes actually sell for in Raleigh, NC
Distribution of 162 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $335k to $530k
$256k to $346k: 41 sales41sales$256k$346k to $436k: 39 sales$436k to $526k: 32 sales$436k$526k to $616k: 14 sales$616k to $706k: 9 sales$616k$706k to $795k: 6 sales$795k to $885k: 2 sales$795k$885k to $975k: 2 salesMedian $428k

What the numbers say

As of October 5, 2026, Resideline is tracking 39 active listings and 3 pending sales in ZIP code 27617. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $469,000, while the median of the 162 closed sales Resideline tracked over the last six months was $428,000. 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 27617 for 71 days.

Frequently asked questions

What is the median home price in 27617?

The median closed sale price in Raleigh, NC 27617 was $428,000 over the last six months, based on 162 closed sales tracked by Resideline. The middle half of those sales ranged from $335,000 to $530,000.

Is 27617 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 39 active listings in 27617, a pending-to-active ratio of 0.08. 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, 27617 currently looks like a balanced market.

Nearby ZIP code market data

Full Raleigh, NC housing market report →

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