Neighborhood report · October 2026

Bishops Park

Raleigh, Wake County, NC

Median sale price · 12 mo
$475K+11.8%
30 days−40%
Days on market
98.3%+0.0%
Sale-to-list
29%+14%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo7
Active listings5
Median sale price$475K
Latest saleSep 2026

Doorify MLS · live, trailing 12 months.

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169
sold in Raleigh
99%
sold / list
125
avg days on mkt

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Recent sales in Bishops Park

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
No closed listings in the last 3-month window.

Showing 0 of 0 listings in Bishops Park · last 3 months. Click any row for full details.

Market health

Bishops Park · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$475K▲ 12%

Up 12% over the past year.

Days on market
30 days▼ 40%

Selling 40% faster than a year ago.

List-to-sale ratio
98.3%▲ 0%

Closing nearer asking than a year ago.

Listings w/ price cut
29%▲ 14%

More price cuts than a year ago.

Months of inventory
8.6months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 12% / mo · This neighborhood.

Best month to list

When homes here sell fastest, for the most.

J
F
M
A
M
J
J
A
S
O
N
D

Listings peak in March — the widest selection of the year here.

What sells here (bed/bath)
  • 4 bd14%
  • 3 bd43%
  • 2 bd or fewer43%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • < $400K14%
  • $400–600K71%
  • $800K–1M14%

Market and sales data from Doorify MLS, trailing 12 months. The matched agent’s identity is released only after a signed referral agreement.