Updated May 2026 · Redfin · 3-month window
27616 Real Estate Market Update: Raleigh, NC, May 2026
The latest housing-market numbers for ZIP code 27616 in Raleigh, North Carolina, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $353K | ▼ -5.2% | ▼ -4.9% |
| Days on market | 35 | ▼ -37.5% | ▼ -14.6% |
| Homes for sale | 228 | ▲ +5.6% | ▲ +32.6% |
| Sale-to-list | 98.4% | ▼ -0.1% | ▼ -0.3% |
| Homes sold | 219 | ▲ +7.4% | ▲ +6.8% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 27616 numbers say
The 27616 ZIP in Raleigh is cooling. The median sale price sits at $353,000, 4.9% below last year. Homes here move fast: a typical listing goes under contract in about 35 days, and sellers are getting 98.4% of list price.
Based on 219 recent sales, 27616 is currently an active market.
What this means if you sell in 27616
Use these figures to set expectations early. Lead a listing appointment with the median price and the 35-day pace, show the year-over-year direction, and frame 27616 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Raleigh post →Frequently asked: the 27616 housing market
- What is the median home price in ZIP 27616 (Raleigh, NC)?
- As of May 2026, the median sale price in ZIP 27616 is $353,000 (-4.9% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 27616 a buyer's or seller's market right now?
- ZIP 27616 is currently an active market, based on a 98.4% sale-to-list ratio, about 35 days on market for May 2026.
- How long do homes take to sell in ZIP 27616?
- A typical listing in 27616 goes under contract in about 35 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 27616 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.