New - 1 day on Rocket
$5,938 Closing Credit¹
#10074937, David Wilson, Shelley Allen, Listing Office: Carolina's Choice Real Estate
27518 Housing Market Report January 2025•Wake County, North Carolina
Housing Prices in 27518, NC
How much do homes in 27518, NC cost?
Housing Market Conditions
Is 27518, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
27518 is a Seller's Market
Difference Since January 2024
Since last year, 27518 has remained a Seller's Market.
Insight
27518 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$740,000$254/SqFt
+$50,000
+7.2%
Based on all homes sold in the last 12 months
Insight
Homes in 27518 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 27518 was $740,000 in January 2025, up 7.2% from last year, and the median price per square foot was $254.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 33 Bedrooms | $553.5K | $647K | +16.9% |
| 44 Bedrooms | $698.7K | $757.5K | +8.4% |
| 55+ Bedrooms | $922.5K | $875K | -5.1% |
| 22 Bedrooms | $275K | $274.5K | -0.2% |
Summary: 27518 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes increased by +16.9%. The home price for 4 bedroom homes increased by +8.4%. The home price for 5 bedroom homes decreased by -5.1%. The home price for 2 bedroom homes decreased by -0.2%.
Housing supply in 27518, NC
How many homes are available in 27518, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 42Last MonthJan 2025 | ||
| 442 months agoDec 2024 | -4.5 % Change MoMDec – Jan |
Summary: The 27518 real estate market had 42 homes for sale in Jan 2025, a 4.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthJan 2025 | ||
| 182 months agoDec 2024 | -27.8 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 33 Bedrooms | 10 | 12 | +20.0% |
| 44 Bedrooms | 21 | 17 | -19.0% |
| 55+ Bedrooms | 10 | 10 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
Summary: 27518 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes decreased by -19.0%. The inventory for 5 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 27518, NC cost?
Over Asking Price4 Homes
At Asking Price3 Homes
Under Asking Price6 Homes
Insight
If you're buying a home in 27518, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 27518 in January 2025, down by 27.8% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and and 31% were sold over asking.
Days on Market for 27518, NC
How long does it take to sell a home in 27518, NC?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Insight
Many homes in 27518 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 13 homes were sold in 27518; 46% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 54 DaysThis YearJan 2025 | ||
| 60 Days1 year agoJan 2024 | -10.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 27518 had an average listing age of 54 days in Jan 2025, down by 10.3% compared to the previous year.
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Newest Listings in 27518, NC
What homes are available in 27518, NC?
New - 2 days on Rocket
$3,266 Closing Credit¹
#10074743, Amy Dexheimer, Brenna Magliulo, Listing Office: Keller Williams Legacy
New - 7 days on Rocket3D tour
$8,900 Closing Credit¹
#10073800, Stacey Delgado, Listing Office: Redfin Corporation
$10,000 Closing Credit¹
#10072906, John Butler, Amy Butler, Listing Office: Corcoran DeRonja Real Estate
$4,655 Closing Credit¹
#10072733, Thomas Ladane Shoupe, Lisa McGill, Listing Office: Opendoor Brokerage LLC
$6,294 Closing Credit¹
#10071143, Jennifer Anne Ravenscraft, Listing Office: Choice Residential Real Estate
$10,000 Closing Credit¹
#10070956, Kathryn Michelle MacKinnon, Listing Office: Better Homes & Gardens Real Es
$9,720 Closing Credit¹
#10070193, Freda Hamlett, Listing Office: Keller Williams Legacy
$8,063 Closing Credit¹
#10070169, Lynette Mittendorf, Listing Office: Better Homes & Gardens Real Es
#10069068, Monte Maney, Listing Office: Coldwell Banker Advantage
$7,363 Closing Credit¹
#10064746, Thomas Ladane Shoupe, Keba Brown, Listing Office: Opendoor Brokerage LLC
$10,000 Closing Credit¹
#10063334, Mark Edward Hargrove, Listing Office: Mark Spain Real Estate
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, for the period 02/01/2023 - 02/01/2025
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 11:50:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.