Raleigh, NC 27610 Real Estate Market Report

ZIP Code: 27610
Report Date: February 2026
Market Temperature: N/A
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Raleigh, NC (ZIP: 27610) is characterized by a median sold price of $310,000, reflecting the actual transaction values in the area. This figure serves as a crucial indicator of market activity, suggesting a stable demand despite the current market conditions. The median listing price stands at $340,000, indicating a notable gap between seller expectations and buyer willingness, which may contribute to a more cautious market environment.

The market is experiencing 172 median days on market, indicating a slower sales velocity and potentially elevated inventory levels. While there is a moderate transaction volume, the presence of excess supply relative to sales activity suggests that buyers may have more options, which could lead to pricing friction. Overall, the market appears to be navigating a period of adjustment, with sellers needing to align their expectations with current buyer sentiment.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Raleigh, NC, around 6.03% are slightly higher than the January 2026 average of 5.99%, suggesting property owners locked in a marginally better rate recently.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $310,000 indicates a stable market, though it reflects a gap with the median listing price of $340,000, suggesting potential pricing friction.

2. With 172 median days on market, the area is experiencing a slower sales velocity, which may indicate a need for sellers to adjust their expectations.

3. Current conditions show elevated inventory levels relative to sales activity, which may provide buyers with increased options in the market.

4. The median market rent of $1,733 suggests a competitive rental market, potentially impacting buyer decisions in the sales market.

5. The property tax rate of 0.68% remains relatively stable, which may influence overall affordability for potential buyers.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.