Home Market View

Home prices, listings & rents by city and ZIP code.

… cities & places
Median sale price
<$300K$700K+

ZIP 27616 in Raleigh, NC: housing market trends

The median home sale price in ZIP 27616 in Raleigh, NC was $364,893 for the three-month period ending September 2026. Sale prices were 1.6% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$364,893
three-month period ending September 2026
Median sale price per sq ft
$179.49
three-month period ending September 2026
Active listings
489
three-month period ending September 2026
Typical monthly rent
$1,635
Rent index · August 2026

How is housing inventory changing?

There were 489 active listings for the three-month period ending September 2026. Active listings were 13.2% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 58 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 27616 in Raleigh, NC
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$364,893$179.49164
Single-familySeptember 2026$409,847$192.28110
TownhousesSeptember 2026$270,000$173.3752
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026$242,500$168.753 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 27616 in Raleigh, NC
MarketMedian sale priceReporting period / source
Rolesville, NC$414,7923 months ending September 2026 · Redfin
Knightdale, NC$399,2603 months ending September 2026 · Redfin
Raleigh, NC$446,500Month ending July 2026 · Zillow
Wake Forest, NC$540,000Month ending July 2026 · Zillow
Wendell, NC$368,9293 months ending September 2026 · Redfin
Youngsville, NC$294,0923 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 27616 in Raleigh, NC
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$364,893$179.49489
August 2026$365,000$183.33465
July 2026$355,000$185.27468
June 2026$354,750$184.19484
May 2026$358,000$183.59505
April 2026$375,000$183.43481
March 2026$369,500$184.70428
February 2026$374,250$184.69386
January 2026$350,500$188.13377
December 2025$367,250$185.75397
November 2025$360,000$187.53441
October 2025$366,450$185.61463
September 2025$359,250$186.64432
August 2025$370,000$188.17421
July 2025$371,000$190.66395
June 2025$380,000$193.98394
May 2025$372,500$192.89396
April 2025$375,000$192.06393
March 2025$375,000$191.99390
February 2025$391,000$192.53353
January 2025$382,500$191.39346
December 2024$382,250$189.60326
November 2024$378,950$191.19345
October 2024$376,000$193.49355

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

Look up price per square foot by ZIP codeBrowse all NC markets