#10108838, Dan Hamel, Listing office: Coldwell Banker Advantage
27616 Housing Market Report June 2025•Wake County, North Carolina
Housing Prices in 27616, NC
How much do homes in 27616, NC cost?
Housing Market Conditions
Is 27616, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
27616 is a Seller's Market
Difference Since June 2024
Since last year, 27616 has remained a Seller's Market.
27616 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in 27616 has remained the same since last year.
Summary: The median home sold price in 27616 was $375,000 in June 2025, up 0.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedrooms
Beds | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $166.8K | - | N/A |
22 Bedrooms | $265K | $254K | -4.2% |
33 Bedrooms | $354.9K | $350K | -1.4% |
44 Bedrooms | $425K | $427K | 0.5% |
55+ Bedrooms | $520K | $499K | -4.0% |
Summary: 27616 housing price by bedroom type for June 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 -4.2%. The home price for 3 bedroom homes decreased by -1.4%. The home price for 4 bedroom homes increased by 0.5%. The home price for 5 bedroom homes decreased by -4.0%.
How does 27616, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
27616, NC
Housing supply in 27616, NC
How many homes are available in 27616, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
234Last MonthJun 2025 | ||
2262 months agoMay 2025 | +3.5 % Change MoMMay – Jun |
Summary: The 27616 real estate market had 234 homes for sale in Jun 2025, a 3.5 % increase compared to May 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
47Last MonthJun 2025 | ||
542 months agoMay 2025 | -13.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
Beds | May 2025 | Jun 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 19 | 21 | +10.5% |
33 Bedrooms | 126 | 131 | +4.0% |
44 Bedrooms | 66 | 65 | -1.5% |
55+ Bedrooms | 15 | 17 | +13.3% |
Summary: 27616 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +10.5%. The inventory for 3 bedroom homes increased by +4.0%. The inventory for 4 bedroom homes decreased by -1.5%. The inventory for 5 bedroom homes increased by +13.3%.
Asking Price vs. Sold Price
How much do homes in 27616, NC cost?
Over Asking Price10 Homes
At Asking Price11 Homes
Under Asking Price26 Homes
If you're buying a home in 27616, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 27616 in June 2025, down by 13.0% month-over-month. Of the 47 sold homes, 55% were sold under asking, 23% were sold at asking, and and 21% were sold over asking.
Days on Market for 27616, NC
How long does it take to sell a home in 27616, NC?
Breakdown of Home Sale Times
Under 30 Days31 Homes
30 – 90 Days14 Homes
Over 90 Days2 Homes
Many homes in 27616 are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 47 homes were sold in 27616; 66% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
29 DaysThis YearJun 2025 | ||
24 Days1 year agoJun 2024 | +23.0 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in 27616 had an average listing age of 29 days in Jun 2025, up by 23.0% compared to the previous year.
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Newest Listings in 27616, NC
What homes are available in 27616, NC?
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, Hive MLS, Triad MLS Inc, Miami MLS, and Canopy MLS for the period 07/01/2023 - 07/01/2025

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: 7/12/2025, 3:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 3:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 3:45:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 3:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Some IDX listings have been excluded from this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 3:36:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.