Neighborhood report · October 2026

Sunset Terrace

Raleigh, Wake County, NC

Median sale price · 12 mo
$646K−3.2%
19 days−78%
Days on market
99.3%+1.8%
Sale-to-list
0%−100%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo7
Active listings4
Median sale price$646K
Latest saleOct 2026

Doorify MLS · live, trailing 12 months.

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Recent sales in Sunset Terrace

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
518 1/2 Heather Drive
Raleigh 27606
SFH4/32,433$615k$25338ClosedSee more →
516 Heather Drive
Raleigh 27606
SFH4/32,433$605k$24929ClosedSee more →

Showing 2 of 2 listings in Sunset Terrace · last 3 months. Click any row for full details.

Market health

Sunset Terrace · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$646K▼ 3%

Down 3% over the past year.

Days on market
19 days▼ 78%

Selling 78% faster than a year ago.

List-to-sale ratio
99.3%▲ 2%

Closing nearer asking than a year ago.

Listings w/ price cut
0%▼ 100%

Fewer price cuts than a year ago.

Months of inventory
6.9months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 14% / 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 July — the widest selection of the year here.

What sells here (bed/bath)
  • 4 bd57%
  • 3 bd43%
New construction vs. resale
29%
71%
New constructionResale
Sale price spread
  • $400–600K14%
  • $600–800K86%

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