New - 2 days on Rocket
$10,000 Closing Credit¹
#10076591, Liz Brown, Listing Office: Compass -- Cary
27608 Housing Market Report January 2025•Wake County, North Carolina
Housing Prices in 27608, NC
How much do homes in 27608, NC cost?
Housing Market Conditions
Is 27608, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
27608 is a Buyer's Market
Difference Since January 2024
Since last year, 27608 has remained a Buyer's Market.
Insight
27608 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,010,000$417/SqFt
+$124,000
+14.0%
Based on all homes sold in the last 12 months
Insight
Homes in 27608 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 27608 was $1,010,000 in January 2025, up 14% from last year, and the median price per square foot was $417.
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $400K | - | N/A |
| 22 Bedrooms | $500K | $435K | -13.0% |
| 33 Bedrooms | $765K | $790K | +3.3% |
| 44 Bedrooms | $1.2M | $1.3M | +10.0% |
| 55+ Bedrooms | $1.8M | $1.5M | -14.3% |
Summary: 27608 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 2 bedroom homes decreased by -13.0%. The home price for 3 bedroom homes increased by +3.3%. The home price for 4 bedroom homes increased by +10.0%. The home price for 5 bedroom homes decreased by -14.3%.
Housing supply in 27608, NC
How many homes are available in 27608, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 46Last MonthJan 2025 | ||
| 502 months agoDec 2024 | -8.0 % Change MoMDec – Jan |
Summary: The 27608 real estate market had 46 homes for sale in Jan 2025, a 8.0 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 142 months agoDec 2024 | -57.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 8 | 4 | -50.0% |
| 33 Bedrooms | 11 | 12 | +9.1% |
| 44 Bedrooms | 14 | 12 | -14.3% |
| 55+ Bedrooms | 17 | 18 | +5.9% |
Summary: 27608 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 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes increased by +9.1%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes increased by +5.9%.
Asking Price vs. Sold Price
How much do homes in 27608, NC cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in 27608, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 27608 in January 2025, down by 57.1% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and and 17% were sold over asking.
Days on Market for 27608, NC
How long does it take to sell a home in 27608, NC?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in 27608 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 6 homes were sold in 27608; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 90 DaysThis YearJan 2025 | ||
| 123 Days1 year agoJan 2024 | -26.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 27608 had an average listing age of 90 days in Jan 2025, down by 26.4% compared to the previous year.
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Newest Listings in 27608, NC
What homes are available in 27608, NC?
New - 2 days on Rocket
$10,000 Closing Credit¹
#10076025, Carolyn Swenson, Listing Office: Allen Tate/Raleigh-Glenwood
New - 3 days on Rocket
$8,301 Closing Credit¹
#10075880, Paige Coker, Listing Office: Coldwell Banker HPW
$10,000 Closing Credit¹
#10075058, Theo Highsmith, Listing Office: Dogwood Properties
$7,422 Closing Credit¹
#10074357, Alan P Murray, Listing Office: Berkshire Hathaway HomeService
$10,000 Closing Credit¹
#10074285, Runyon Tyler, Alan Murray, Listing Office: Berkshire Hathaway HomeService
$10,000 Closing Credit¹
#10072628, Donna Poupard, Listing Office: Radius Realty Group, LLC
$6,531 Closing Credit¹
#10070881, Chelsea Jones, Listing Office: DASH Carolina
$10,000 Closing Credit¹
#10070383, Shane Patrick Horan, Listing Office: EXP Realty LLC
#10070307, Graham Young, Listing Office: Berkshire Hathaway HomeService
#10069284, Michelle Mangrum, Listing Office: RE/MAX United
$10,000 Closing Credit¹
#10067843, David Wilson, Shelley Allen, Listing Office: Carolina's Choice 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: 2/14/2025, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.