Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.
Buyer / sellerbuyer-timing lens
Negotiate Hard
DOM: 59d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)100
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)60
Moderate buyer leverage in 27519. Room to negotiate 5-10% below list. Payment burden: 27.0% of median income. Median days on market: 59. Renting is approximately 144% cheaper than buying (price-to-rent ratio: 29.3). Market appears 34% overpriced vs. assessed values.
What to Offer
Offer 5-10% below list. You have room to negotiate.
A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Wake.
Aggregate median +4.5% YoY in this ZIP, but the under-$500k tier is +1.8% — both the aggregate and the entry tier are rising. Over the same year the under-$500k share of sales moved from 41.5% to 37.2% (-4.2pp) and the $1M+ share from 10.4% to 13.9% (+3.5pp).
Current tiers · 12 months to Aug 25floor 10 sales/tier
1 tier had too few sales in this ZIP and are shown at county or metro level — see the stamp on each row.
Tier
Median
$/sqft
Sales
Share
Source
Under $250k
$188k
$131
12
1.5%
ZIP
$250k–$500k
$405k
$205
290
35.8%
ZIP
$500k–$750k
$587k
$254
275
33.9%
ZIP
$750k–$1M
$870k
$270
121
14.9%
ZIP
$1M–$1.5M
$1.16M
$282
95
11.7%
ZIP
$1.5M–$2M
$1.67M
$314
15
1.8%
ZIP
$2M+
$2.43M
$470
156
—
COUNTY · Wake, NC
All sales (the headline median)
$575k
$248
811
100%
ZIP
Share of sales by tier (quarterly)
If the upper tiers widen over time, the headline median rises on composition alone.
Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+
Median within each tier, against the headline median (quarterly)
The blue line is the single number NAR-style reporting quotes. The gold lines are what each tier actually did. Log scale — the tiers span an order of magnitude, and on a log axis equal slopes mean equal percentage moves, which is the comparison being made.
Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
All sales (headline)
National context — not local
NAR's aggregate existing-home median for the United States and the South census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 27519.
United States
South
Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.
Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.
Wake County contextmacro · jobs · debt · migration
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.
County Coverage (3 counties)
ZIP 27519 spans 3 counties
Healthy (28)
This ZIP code crosses county lines. Property data shows Johnston (68.9%), Wake (16.5%) and Mecklenburg (14.6%). County metrics below are shown separately for each county.
Johnston (68.9%)
Wake (16.5%)
Mecklenburg (14.6%)
ZIP 27519→3 counties
Johnston County 68.9%Wake County 16.5%Mecklenburg County 14.6%
12-Month Direction
+4Stable
Confidence
100%
DeterioratingStableImproving
Why this score
BuildersLens Market Intelligence
Market Score
40· Weak
Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.
Economic indicators remain stronger than national averages.
Unemployment Rate
3.0%
NC 3.5%US 4.4%
Lower than most U.S. counties
Source: BLS LAUS · 2026-0667d ago
Poverty Rate
10.8%
NC 12.9%US 12.6%
Near national averages
Median Household Income
$79,838
NC $71,866US $82,006
Higher than most U.S. counties
Cost of Living (RPP)
93.8
NC 93.8US 100.3
Lower than most U.S. counties
Home Value (ZHVI)$344,953
County data: BLS, Census ACS, CDC, FBI UCR, Federal Reserve, USDA · Coverage derived from property records · Counties with <2% coverage excluded as likely data errors