Raleigh Metro
Raleigh Metro Market Report
Top 10 ZIPs by size — 7.32% mortgage rate — Updated 10/27/2026
Share & embed
free · county-record data · links back hereListings Flow Ladder — Raleigh
Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026
- Faucet — new listings
- 2,203/mo
- 95% of normal (2,308) · normal
- Basin — active listings
- 6,990
- 104% of normal (6,711) · low
- Months of supply
- 3.8 mo
- derived — not published at this grain
- Drain — closed sales
- 1,834/mo
- 81% of normal (2,277)
- Net — faucet minus drain
- +369/mo
- filling
- Reading
- current
- as of 2026-09-30
How plugged is the drain? Two definitions, both ours, deliberately not reconciled.
- 22%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
- 19%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month
Closed sales over 24 months — two different numbers, deliberately not merged.
- 276/mofall in the monthly rate (13%)— peak 2,110/mo (2026-07-31) to 1,834/mo now
- 7,913transactions that did not happen— summed monthly shortfall vs the same-month normal, over 24 months below it (vs 2015-19 (COVID excluded))
- rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). Aggregated over a fixed panel of 41 zips — the panel is fixed so a change in who reports cannot look like a change in the market. months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month.
Verified county coverage:Durham County, NCJohnston County, NC
New Listings Trend
Monthly new for-sale listings · Redfin + Realtor.com · Raleigh, NC
as of Sep 1, 2026Buyer Leverage — Should I Buy in Raleigh?
MODERATE — Raleigh has mixed conditions, pockets of opportunity
| ZIP | City | Score | Median Price | YoY | Burden | Buy/Rent | DOM | Supply | Gap % |
|---|---|---|---|---|---|---|---|---|---|
| 27703 | Durham | 39 | $376,573 | -4.5% | 28.6% | Neutral | 50d | 4.1mo | +25.3% |
| 27713 | Durham | 44 | $409,919 | -3.8% | 27.9% | Rent | 39d | 3.3mo | -48.2% |
| 27520 | Clayton | 52 | $333,111 | -1.7% | 26% | Neutral | 58d | 3.2mo | +107.7% |
| 27704 | Durham | 32 | $301,355 | -4.5% | 31.8% | Buy | 44d | 4.4mo | -81.7% |
| 27707 | Durham | 26 | $398,492 | -3.6% | 36.3% | Rent | 38d | 5.2mo | +16% |
| 27705 | Durham | 38 | $458,743 | -1.8% | 42.5% | Rent | 41d | 4.9mo | -10.2% |
| 27527 | Clayton | 59 | $394,157 | -1.0% | 23.4% | Neutral | 55d | 5.5mo | -41.8% |
| 27577 | Smithfield | 37 | $287,987 | -0.6% | 33.8% | Buy | 78d | 4.3mo | -68.7% |
| 27712 | Durham | 47 | $414,902 | -2.2% | 30% | Neutral | 33d | 3.4mo | -38.9% |
| 27504 | Benson | 59 | $318,126 | +1.1% | 30.7% | Neutral | 51d | 5.3mo | — |
Median price and 12-month change: Zillow Home Value Index (ZHVI); where a ZIP has no ZHVI value, the county assessor average. Days on market: Redfin Data Center, rolling 90 days; months of supply: Redfin Data Center. Rent: Zillow Observed Rent Index (ZORI); where a ZIP has no ZORI value, the Census ACS county rent.
Every ZIP market page in Raleigh Metro (51)
Johnston County, NC
- 27502 Apex
- 27504 Benson
- 27511 Cary
- 27513 Cary
- 27518 Cary
- 27519 Cary
- 27520 Clayton
- 27524 Four Oaks
- 27526 Fuquay Varina
- 27527 Clayton
- 27529 Garner
- 27530 Goldsboro
- 27539 Apex
- 27542 Kenly
- 27545 Knightdale
- 27555
- 27568
- 27569 Princeton
- 27576 Selma
- 27577 Smithfield
- 27587 Wake Forest
- 27591 Wendell
- 27592 Willow Spring
- 27597 Zebulon
- 27603 Raleigh
- 27604 Raleigh
- 27606 Raleigh
- 27607 Raleigh
- 27609 Raleigh
- 27610 Raleigh
- 27612 Raleigh
- 27614 Raleigh
- 27615 Raleigh
- 27616 Raleigh
- 27863 Pikeville
- 27893 Wilson
- 28334 Dunn
- 28366 Newton Grove