Neighborhood report · August 2026

Mordecai Place

Raleigh, Wake County, NC

Median sale price · 12 mo
$748K−8.2%
47 days+232%
Days on market
96.3%−2.0%
Sale-to-list
38%−30%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo8
Active listings4
Median sale price$748K
Latest saleJul 2026

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for Mordecai Place
3
sold in Mordecai Place
97%
sold / list
61
avg days on mkt

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Recent sales in Mordecai Place

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
1415 Courtland Drive
Raleigh 27604
SFH3/21,520$500k$32999ClosedSee more →

Showing 1 of 1 listing in Mordecai Place · last 3 months. Click any row for full details.

Market health

Mordecai Place · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$748K 8%

Down 8% over the past year.

Days on market
47 days 232%

Taking 232% longer to sell than a year ago.

List-to-sale ratio
96.3% 2%

Softening off asking price.

Listings w/ price cut
38% 30%

Fewer price cuts than a year ago.

Months of inventory
6.0months
Balanced’s market
Seller’sBalancedBuyer’s

Supply and demand are roughly in balance. Absorption rate 17% / 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 August — the widest selection of the year here.

What sells here (bed/bath)
  • 3 bd50%
  • 5+ bd38%
  • 2 bd or fewer13%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • $400–600K25%
  • $600–800K25%
  • $800K–1M25%
  • $1M +25%

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