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Neighborhood report · August 2026
Raleigh, Wake County, NC
Doorify MLS · live, trailing 12 months.
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| Address | Type | Bd/Ba | Sqft | Price | $/sqft | DOM | Status | |
|---|---|---|---|---|---|---|---|---|
7220 Ewing Place Raleigh 27616 | SFH | 3/3 | 1,249 | $260k | $208 | 35 | Closed | See more → |
4713 Draper Road Raleigh 27616 | SFH | 3/3 | 1,511 | $320k | $212 | 5 | Closed | See more → |
4700 Draper Road Raleigh 27616 | SFH | 3/3 | 1,406 | $285k | $203 | 100 | Closed | See more → |
7209 Nicolson Court Raleigh 27616 | SFH | 3/3 | 1,438 | $335k | $233 | 10 | Closed | See more → |
Showing 4 of 4 listings in Smoketree · last 3 months. Click any row for full details.
This neighborhood specifically, not the wider ZIP or city.
Appreciating steadily, up 4.2% year over year.
Selling 18% faster than a year ago.
Homes now close just over asking, a buyer's challenge.
Fewer cuts; average reduction 2.3% when it happens.
Low inventory: homes are absorbed faster than they list. Absorption rate 48% / mo · 27713.
When homes here sell fastest, for the most.
Inventory peaks in May, the widest pick of homes for buyers here.
Some figures in this report are illustrative samples shown while live coverage for this area is built out. The matched agent’s identity is released only after a signed referral agreement.