Is Raleigh, NC 27620 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Raleigh is a buyer’s market. With about 28.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply28.8Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list99.5%Sold price ÷ list price

Median days on market64Listing to accepted offer

Median price per sq ft$260▲ +28.6% vs. last year

Run the numbers for 27620

Prefilled for 27620Can I win this house?Multiple-offer likelihood for a listing Prefilled for 27620Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

More nearby ZIPs coming soon.

Browse all markets →

Local agents

See all agents in 27620 →

No sponsored agents in 27620 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 27620

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="27620"><a href="https://offerbacked.com/market/27620">Raleigh, NC 27620 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology