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Blount Street College Park (Idlewood) Cooke St Cooke Street Depot Historic District East Gateway Fayetteville Street Hargett Oaks Hungry Neck North Monie Lane Oakwood Patterson Green Quarry Hill Shades Pointe Townhomes Shaw Ridge South Bloodworth South East Street Townhomes South Park State Street

RALEIGH, NC 27601

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 27601

Blount Street · College Park (Idlewood) · Cooke St · Cooke Street · Depot Historic District · East Gateway · Fayetteville Street · Hargett Oaks · Hungry Neck North · Monie Lane · Oakwood · Patterson Green · Quarry Hill · Shades Pointe Townhomes · Shaw Ridge · South Bloodworth · South East Street Townhomes · South Park · State Street

Market Analysis

Data as of February 2026. Source: Realtor.com.

The RALEIGH, NC real estate market (27601) currently shows 71 active listings, with 14 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 54 days on market compared to 59 days last year.

The median listing price has fallen 6.9% year-over-year, from $633,375 to $589,750.

Whether you are buying or selling in RALEIGH, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,801  ·  Density: 2,293.3/mi²  ·  Median household income: $63,218

Typical home value: $466,224  ·  Homeownership: 25.5%

Market Overview

Active Listings
71
⇩ 13.4% vs 82 last year
Pending
14
20% pending ratio
Median Price
$589,750
⇩ 6.9% vs $633,375 last year
Average Price
$731,846
⇩ 4.1% vs $763,334 last year
Days on Market
54
⇩ 8.5% vs 59 days last year

Price Per Square Foot

Median $/sqft
$392
⇩ 6% vs $417/sqft last year
Median Home Size
1,531 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 82 last year
  • Days on market: 54 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $589,750 (-6.9% YoY)
  • Average: $731,846 (-4.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.4 miles — 1,909 listings ($1,175,334,225 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27601Raleigh, NC 276010.0 mi68$51,943,908$600,000$763,881
27608Raleigh, NC 276082.6 mi76$119,788,996$1,422,500$1,576,171
27604Raleigh, NC 276045.1 mi170$80,459,810$375,000$473,293
27610Raleigh, NC 276105.4 mi298$118,497,614$340,000$397,643
27612Raleigh, NC 276126.6 mi141$89,602,680$475,000$635,480
27518Cary, NC 275188.4 mi39$37,505,988$747,500$961,692
27616Raleigh, NC 276168.4 mi217$84,031,297$359,000$387,241
27545Knightdale, NC 275458.7 mi127$60,410,471$444,000$475,673
27513Cary, NC 275139.6 mi93$64,787,706$499,500$696,642
27617Raleigh, NC 2761712.0 mi77$35,728,077$430,000$464,001
27614Raleigh, NC 2761412.0 mi153$184,825,530$600,000$1,208,010
27591Wendell, NC 2759113.9 mi287$128,315,691$395,140$447,093
27519Cary, NC 2751914.4 mi163$119,436,457$600,000$732,739

Frequently Asked Questions

How many homes are for sale in RALEIGH, NC 27601?

As of February 2026, there are 71 active listings in RALEIGH, NC (zip code 27601), compared to 82 the prior year.

What is the median home price in RALEIGH, NC 27601?

The median listing price in RALEIGH, NC 27601 is $589,750 as of February 2026, a 6.9% decrease from $633,375 the prior year.

How long do homes stay on the market in RALEIGH, NC?

Homes in RALEIGH, NC 27601 spend an average of 54 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in RALEIGH, NC 27601?

Based on current inventory and days-on-market data as of February 2026, RALEIGH, NC 27601 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 54 days on market compared to 59 days last year.

How much can I save on real estate commission in RALEIGH, NC?

With SELL123.com's maximum 3% commission, sellers in RALEIGH, NC 27601 save an estimated $11,795 compared to a typical 5% commission on the median listing price of $589,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.