Market Snapshot
- Median listing price
- $349K
- Median rent
- $1,620/mo
- Days on market
- 120 days
- Gross rental yield
- 5.57%
The median listing price in Raleigh, NC ZIP 27610 is $349,000 as of July 2026.
The median market rent in Raleigh, NC ZIP 27610 is $1,620/month as of July 2026.
The median days on market in Raleigh, NC ZIP 27610 is 120 days as of July 2026. The market is currently neutral.
At a median list price of $349,000 and a median rent of $1,620/month, the gross rental yield in Raleigh, NC ZIP 27610 is 5.57% as of July 2026.
Raleigh, NC 27610 Real Estate Market Report
ZIP Code: 27610
Report Date: July 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
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.
Market Metrics
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.
Rental Market
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Raleigh, NC are 6.61% compared to the 5.85% average seen earlier in 2026, indicating that property owners who locked in rates earlier this year hold a significant cost advantage.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's primary market value indicator is the median sold price of $317,500, which represents the most recent representative transaction level and, when compared to the median listing price of $349,000, suggests a meaningful seller-to-sale price gap; price gap may indicate sellers are holding higher expectations than recent transactions support.
- A median days on market of 120 signals slower sales velocity and, together with a neutral market temperature, suggests transactions are taking longer to close and sellers may need to incorporate time and pricing flexibility; neutral market context supports a balanced negotiation environment.
- Price year-over-year trend is down while interest rate pressure is elevated—current 30-year fixed mortgage rates of 6.61% versus 5.85% earlier in 2026—which may sustain downward price pressure and increase sensitivity to listing price; down pricing momentum warrants proactive pricing strategies.
- Median price per square foot of $199 alongside a median market rent of $1,620, with rent year-over-year trend down, indicates softer rental conditions that should be factored into pricing and hold-period assumptions for SFR and condo listings; down rent trends reduce near-term rental upside.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.49% rate, 0.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 7/10/2026
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