Wendell 27591

Raleigh-Cary, NC · Wake County, NC · 3,284 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

52affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
29.4%
stretched
Days on market
46
daily
Price cuts
39.6%
of active
Valuation
-38.9%
vs assessor
Look up an address
47
/100
Mixed
stable · balanced · prices easing year-over-year.
Price trend
35
Affordability
65
Valuation
35
Economic health
52

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

61/ 100SellerBalancedBuyer
Negotiate Hard
DOM: 92d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)60
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)75
Days on Market (5%)100

Moderate buyer leverage in 27591. Room to negotiate 5-10% below list. Payment burden: 29.4% of median income. Median days on market: 92. Renting is approximately 32% cheaper than buying (price-to-rent ratio: 15.8).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$372,234
▾ 0.9% YoY
Days on market
46
daily · zip_data
Median rent
$1,967
ZORI
Investor score
64/100
cash-flow lens
Active listings
267
90-day

Valuation3 lenses, different anchors

vs assessor
-38.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$227,617
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+65.7%
County-wide market — the widest, slowest signal.
Johnston+65.7%
Wake+66.5%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$141
Price-to-income4.8×

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How 27591 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity73%
Supply tightness0%
Affordability34%
Investment yield71%
Appreciation20%

Affordability, supply & momentum

21SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply14.9 mo
Days on Market46d
Inv vs History+4.2%
Listing Density30.2/1k
Affordability — payment burden
Monthly payment (P&I)$1,880
Payment burden29.4%
Median income · ZIP$76,710
Mortgage rate6.49% · 30yr
Total monthly own$2,252
Monthly rent$1,967
Market dynamics
Price cut %39.6%
Momentumstable
LeverageBALANCED
Months of supply14.9
Sales (90d)0
Investment analysis
Median rent$1,967
Price-to-rent15.8
Est. cap rate4.1%
Buy vs rentneutral

Livability

Walk score1
Transit score
Bike score

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Wake County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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