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Market Snapshot

Median listing price
$575K

The median listing price in Raleigh, NC ZIP 27613 is $575,000 as of July 2026.

Median rent
$1,352/mo

The median market rent in Raleigh, NC ZIP 27613 is $1,352/month as of July 2026.

Days on market
135 days

The median days on market in Raleigh, NC ZIP 27613 is 135 days as of July 2026. The market is currently neutral.

Gross rental yield
2.82%

At a median list price of $575,000 and a median rent of $1,352/month, the gross rental yield in Raleigh, NC ZIP 27613 is 2.82% as of July 2026.

Raleigh, NC 27613 Real Estate Market Report

ZIP Code: 27613

Report Date: July 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.

Analysis Window
90 Days
Total Properties Analyzed
210
Active Listings
76
Sold Properties
134

Market Metrics

Median Listing Price
$575,000
Median Sold Price
$597,450
Median Price per Sqft
$250/sqft

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

Median Market Rent
$1,352

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

Property Tax Rate
0.72%

Liquidity & Velocity

Median Days on Market
135
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Raleigh, NC, are approximately 6.5%, which is 0.8% higher than the 5.7% average observed earlier in 2026, indicating that property owners who secured loans during that period currently hold a more favorable interest rate.

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


Key Findings

  1. The neighborhood's primary market indicator, the median sold price, is 597,450, reflecting recent transaction activity and supporting a modest upward price trend noted in broader indices; up overall suggests continued price support rather than rapid acceleration.
  2. The median listing price is 575,000, which sits below the median sold price and may indicate a closing price premium on completed transactions; this gap suggests pricing friction between current seller asks and final sale outcomes.
  3. The median days on market is 135, which points to slower sales velocity and suggests transactions may take longer to execute; this slower pace may create opportunities for buyer negotiation while still reflecting steady demand.
  4. Market indicators show the market temperature is neutral, rent year-over-year trend is down, and interest rate pressure is moderate (with current 30-year fixed mortgage rates reported around 6.5%, approximately 0.8% higher than the earlier 2026 average); together these signals imply a balanced market where financing costs and weaker rental trends may temper near-term 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

1421 Sky Vista Way, Raleigh, NC 27613
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3.5 baths6,876 sqft
$3,025,000
Apr 1, 2026
$440/sqft
1922 days on market
1509 Consett Ct, Raleigh, NC 27613
Premium

Sold above market average

5 beds3.5 baths4,998 sqft
$1,760,000
May 1, 2026
$352/sqft
2220 Duskywing Dr, Raleigh, NC 27613
Premium

Sold above market average

4 beds3.5 baths4,290 sqft
$1,615,000
May 1, 2026
$376/sqft
12213 Amoretto Way, Raleigh, NC 27613
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2.5 baths2,168 sqft
$580,000
Jun 1, 2026
$268/sqft
73 days on market
7417 Fontana Ridge Ln, Raleigh, NC 27613
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2.5 baths2,673 sqft
$580,000
Apr 1, 2026
$217/sqft
252 days on market
13227 Ashford Park Dr, Raleigh, NC 27613
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2.5 baths2,566 sqft
$579,000
May 1, 2026
$226/sqft
6205 Waterside Ln, Raleigh, NC 27613
Value

Sold below market average

2 beds2 baths1,240 sqft
$215,000
Apr 1, 2026
$173/sqft
4507 days on market
3613 Plumbridge Ct, Raleigh, NC 27613
Value

Sold below market average

3 beds2 baths1,337 sqft
$177,000
Apr 1, 2026
$132/sqft
7714 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$2,201/mo
27613 Avg Rent
27613 Cost to Own
Rent$1,352
Own$3,553

20% down, 6.49% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

27613 Avg nightly rate
27613 Avg occupancy (days/year)
Nightly rate$190/night
Occupancy172 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/10/2026

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