Raleigh 27614

Raleigh-Cary, NC · Wake County, NC · 233 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

44affordability /100

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

Payment burden
34.1%
stretched
Days on market
40
daily
Price cuts
29.5%
of active
Valuation
-52.8%
vs assessor
Look up an address
43
/100
Mixed
stable · balanced · prices rising year-over-year.
Price trend
55
Affordability
45
Valuation
20
Economic health
44

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

76/ 100SellerBalancedBuyer
Negotiate Hard
Needs 12% correction for affordability
DOM: 66d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)100
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)75

Moderate buyer leverage in 27614. Room to negotiate 5-10% below list. Payment burden: 34.1% of median income. Median days on market: 66. Renting is approximately 198% cheaper than buying (price-to-rent ratio: 35.7). Market appears 30% overpriced vs. assessed values.

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.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$687,466
▴ 0.2% YoY
Days on market
40
daily · zip_data
Median rent
$1,606
ZORI
Investor score
29/100
cash-flow lens
Active listings
142
90-day

Valuation3 lenses, different anchors

vs assessor
-52.8%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$324,200
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%
Mecklenburg+79.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$226
Price-to-income5.6×

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How 27614 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity80%
Supply tightness57%
Affordability20%
Investment yield7%
Appreciation30%

Affordability, supply & momentum

33SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.6 mo
Days on Market40d
Inv vs History+10.9%
Listing Density10.8/1k
Affordability — payment burden
Monthly payment (P&I)$3,473
Payment burden34.1%
Median income · ZIP$122,258
Mortgage rate6.49% · 30yr
Total monthly own$4,160
Monthly rent$1,606
Market dynamics
Price cut %29.5%
Momentumstable
LeverageBALANCED
Months of supply12.6
Sales (90d)0
Investment analysis
Median rent$1,606
Price-to-rent35.7
Est. cap rate1.8%
Buy vs rentfavors renting

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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