ZIP report · October 2026

27616

Raleigh, NC · Wake County

Median sale price · 12 mo
$360K−4.8%
34 days+3%
Days on market
98.9%−0.3%
Sale-to-list
47%−8%
Price cuts
ZIP snapshot
Homes sold · 12 mo705
Active listings454
Median sale price$360K

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for 27616
14
sold in 27616
100%
sold / list
30
avg days on mkt

Name & contact shared once you connect

Recent sales in 27616

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
4908 Jelynn Street
Raleigh 27616
SFH4/31,894$313k$165148ClosedSee more →
5702 Orchard Beach Lane
Raleigh 27616
SFH3/33,152$415k$13290ClosedSee more →
7409 Ivy League Lane
Raleigh 27616
SFH3/21,950$397k$20411ClosedSee more →
3921 Iron Horse Road
Raleigh 27616
SFH3/31,886$272k$144100ClosedSee more →
3513 Pritchard Court
Raleigh 27616
SFH5/32,722$440k$16236ClosedSee more →

Showing 5 of 28 listings in 27616 · last 3 months. Click any row for full details.

Market health

27616 · trended 12 months

This ZIP specifically, not the wider city or county.

Median sale price
$360K▼ 5%

Down 5% over the past year.

Days on market
34 days▲ 3%

Taking 3% longer to sell than a year ago.

List-to-sale ratio
98.9%▲ 0%

Closing nearer asking than a year ago.

Listings w/ price cut
47%▼ 8%

Fewer price cuts than a year ago.

Months of inventory
7.7months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 13% / mo · ZIP-wide.

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 April — the widest selection of the year here.

What sells here (bed/bath)
  • 4 bd21%
  • 3 bd61%
  • 5+ bd14%
  • 2 bd or fewer4%
New construction vs. resale
24%
76%
New constructionResale
Sale price spread
  • < $400K61%
  • $400–600K36%
  • $600–800K1%
  • $1M +1%

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