Neighborhood report · October 2026

Mordecai Place

Raleigh, Wake County, NC

Median sale price · 12 mo
$670K−18.2%
50 days+257%
Days on market
97.3%−0.5%
Sale-to-list
43%−14%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo7
Active listings6
Median sale price$670K
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

Name & contact shared once you connect

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
$670K▼ 18%

Down 18% over the past year.

Days on market
50 days▲ 257%

Taking 257% longer to sell than a year ago.

List-to-sale ratio
97.3%▼ 1%

Softening off asking price.

Listings w/ price cut
43%▼ 14%

Fewer price cuts than a year ago.

Months of inventory
10.3months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 10% / 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 June — the widest selection of the year here.

What sells here (bed/bath)
  • 3 bd43%
  • 5+ bd43%
  • 2 bd or fewer14%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • $400–600K29%
  • $600–800K29%
  • $800K–1M14%
  • $1M +29%

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