Neighborhood report · August 2026

Village Lakes

Raleigh, Wake County, NC

Median sale price · 12 mo
$320K−4.5%
38 days+217%
Days on market
98.2%−1.8%
Sale-to-list
43%+20%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo21
Active listings1
Median sale price$320K
Latest saleAug 2026

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for Raleigh
156
sold in Raleigh
99%
sold / list
118
avg days on mkt

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Recent sales in Village Lakes

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
205 Rattan Bay Drive
Raleigh 27610
SFH3/31,686$320k$19035ClosedSee more →
649 Penncross Drive
Raleigh 27610
SFH4/32,284$365k$16053ClosedSee more →
215 Rattan Bay Drive
Raleigh 27610
SFH3/31,645$340k$20743ClosedSee more →
5501 Centipede Trail
Raleigh 27610
SFH3/22,272$270k$11936ClosedSee more →
5401 Bentgrass Drive
Raleigh 27610
SFH3/31,785$315k$1765ClosedSee more →

Showing 5 of 7 listings in Village Lakes · last 3 months. Click any row for full details.

Market health

Village Lakes · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$320K 5%

Down 5% over the past year.

Days on market
38 days 217%

Taking 217% longer to sell than a year ago.

List-to-sale ratio
98.2% 2%

Softening off asking price.

Listings w/ price cut
43% 20%

More price cuts than a year ago.

Months of inventory
0.6months
Seller’s market
Seller’sBalancedBuyer’s

Inventory is tight; homes are absorbed faster than they list. Absorption rate 175% / 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 bd38%
  • 3 bd62%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • < $400K86%
  • $400–600K14%

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