Raleigh, NC 27612 Real Estate Market Report

ZIP Code: 27612
Report Date: May 2026
Market Temperature: NEUTRAL
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

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.

---

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

---

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.

---

Key Findings

1. The primary market indicator, median sold price: $482,165, suggests recent transaction values center around this level and should be treated as the most reliable signal of neighborhood market value and liquidity. representative recent sale

2. There is a notable spread between median listing price: $622,000 and median sold price: $482,165, which may indicate pricing friction as seller expectations outpace realized transaction prices.

3. The median days on market: 339 points to slower sales velocity and reduced liquidity relative to fast-turning markets; this extended time to contract may reflect buyer caution or listing-price adjustments over time. slower sales velocity

4. Market drivers show price year-over-year trend: up alongside rent year-over-year trend: flat and interest rate pressure: elevated, implying continued upward price momentum tempered by higher financing costs and stable rental income; the median market rent: $1,460 and median price per square foot: $231 provide context for valuation sensitivity in this environment. price momentum

---

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.

Raleigh, NC 27612 Real Estate Market Report

ZIP Code: 27612
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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

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.

---

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.

---

Key Findings

1. The neighborhood's primary market-value indicator is the median sold price 269,000, which reflects recent transaction activity and should be treated as the representative recent sale; up aligns with observed price momentum.

2. The spread between the median listing price 234,950 and the median sold price 269,000 suggests pricing friction where seller expectations may differ from closed transaction levels and may require concessions or price alignment to achieve sales.

3. Slow moving inventory is evidenced by the median days on market 401, which indicates slower sales velocity and implies transactions may take longer despite a relatively constrained active supply in the analyzed sample.

4. The market temperature is reported as neutral while interest rate pressure is elevated, so expect a balanced negotiating stance but heightened financing sensitivity; elevated interest rate pressure may limit near-term price acceleration.

---

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.