Raleigh, NC 27614 Real Estate Market Report

ZIP Code: 27614
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.

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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

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.

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Property Taxes

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Liquidity & Velocity

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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.

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Key Findings

1. The primary market signal is the median sold price $475,000, which represents realized market value for recent transactions and suggests modest appreciation when considered alongside a median listing price $509,050; up price momentum is also indicated by the reported year-over-year trend of up.

2. Liquidity appears muted: the median days on market 1,276 points to slower sales velocity and greater time required to convert listings to closed transactions, which may indicate pricing friction or buyer selectivity in the current cycle.

3. Supply dynamics in the sample suggest a relatively constrained active supply relative to recent sales, producing neutral market balance consistent with the reported market temperature of neutral, so expect measured negotiation leverage for buyers and sellers.

4. Price and income context shows a median price per square foot $183 and a median market rent $1,527, while interest rate conditions are under moderate pressure, which may keep some buyers cautious and support more deliberate transaction pacing.

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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.

Raleigh, NC 27614 Real Estate Market Report

ZIP Code: 27614
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.

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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

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.

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Key Findings

1. The neighborhood's primary market indicator is the median sold price of 265,000, which anchors valuation and suggests recent transactions support this price level; pricing appears to be rising up year-over-year, indicating modest appreciation.

2. Liquidity signals show slower transaction velocity with a median days on market of 372, which may indicate pricing friction and longer negotiation timelines; this longer market exposure suggests softening in time-to-sale rather than immediate demand pressure.

3. Price efficiency remains mixed: the median price per square foot is 168, providing a stable unit-value benchmark for underwriting and comparative analysis while market temperature is assessed as neutral, implying a balanced negotiation environment between buyers and sellers.

4. Rental and financing context: median market rent of 1,900 is flat year-over-year (flat), and interest rate pressure is moderate (moderate), which together suggest steady rental demand but some buyer affordability pressure that may temper near-term transaction growth.

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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.