Market Snapshot
- Median listing price
- $350K
- Median rent
- $1,620/mo
- Days on market
- 217 days
- Gross rental yield
- 5.55%
- STR vs LTR
- $1,535/mo STR · $1,620/mo LTR
The median listing price in Raleigh, NC ZIP 27610 is $350,000 as of June 2026.
The median market rent in Raleigh, NC ZIP 27610 is $1,620/month as of June 2026.
The median days on market in Raleigh, NC ZIP 27610 is 217 days as of June 2026. The market is currently neutral.
At a median list price of $350,000 and a median rent of $1,620/month, the gross rental yield in Raleigh, NC ZIP 27610 is 5.55% as of June 2026.
In Raleigh, NC ZIP 27610, median Airbnb revenue is $1,535/month compared to median long-term rent of $1,620/month as of June 2026.
Raleigh, NC 27610 Real Estate Market Report
ZIP Code: 27610
Report Date: June 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
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
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 averaging approximately 6.6% as of June 2026, reflecting a period of relative stabilization in the mid-6% range for property owners in this market.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's median sold price $313,043 is the primary indicator of recent market value and suggests transactions are completing at this level rather than at asking-price expectations; note the median listing price $350,000 appears meaningfully above realized sale levels, which may indicate seller pricing optimism versus market clearing prices. neutral
- The market shows slower sales velocity as reflected by the median sold price $313,043 alongside a median days on market 217, which may indicate longer marketing periods and increased time-to-contract even though transaction activity persists at a moderate pace. down
- Rental fundamentals are supportive for investors: the median sold price $313,043 relative to a median market rent $1,620 points to sustained rental demand in the area, while rent trends are up, suggesting ongoing income-side support for SFR and condo holdings.
- Macroeconomic and financing context is a headwind: the median sold price $313,043 is occurring under elevated interest rate pressure and an environment where current 30-year fixed mortgage rates are averaging approximately 6.6%, which may constrain buyer purchasing power and keep the market temperature overall neutral.
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 above 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, 6.53% rate, 0.9% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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