27605 Home Values & Market Trends

There are 17 homes currently listed for 27605. 27605 real estate market trends show that home prices range from $175,000 to $1,220,000, and the median sales price in the 27605 zip code is $413,111. The total number of properties sold within the past twelve months is 83. In 27605, 0 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

27605 Real Estate Market Overview

CityMedian Est. Value
Raleigh

$ 427,649

$ 225/sqft

Housing Market Summary for 27605

Apr 2023March 2024Change
Median Listing Price$450K$395.8K-12.03%
Median Sold Price$440.7K$395.8K-10.17%
Homes For Sale1312-7.69%
Homes Sold3626-27.78%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 27605

The median list price of a home in Raleigh, is $413,111. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 27605 properties is 1,938.

Foreclosure
There is 1 cities within 27605; within this cities, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in 27605 with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 27605 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 27605; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 27605 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 27605. There is 1 cities within 27605; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 27605. Auction homes and other auction properties account for 0% of all properties in 27605. There is 1 cities within 27605; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.88% of residential properties in 27605 with raleigh containing 1036 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 27605; homes for sale in that cities, have a range of median values from $8,990,000 in raleigh to the lowest value of $94,647 in raleigh.
    Sold Homes
    The median value for recently sold homes ranges from $5,650,000 in raleigh to the lowest price of $40,648 in raleigh. There is 1 cities within 27605. raleigh has 3680 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.86% of properties in 27605.

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      Guide for 27605

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      Buy to Rent
      Asheville, North Carolina Real Estate Market Snapshot – April 2024
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      Buy to Rent|posted 6 February 2024

      Raleigh’s real estate market in 2023 displays robust growth with increased average property values and sold prices. However, contrasting trends in neighboring cities such as Zebulon, Youngsville, Wilson, and Yanceyville underline the need for thorough market understanding for real estate investments.

      Asheville, North Carolina Real Estate Market Snapshot – April 2024
      Buy to Rent|posted 17 April 2024

      A look at the Asheville’s real estate market trends from May 2023 to March 2024, highlighting key trends and dynamics in home values, sale prices, and supply.

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Recently Listed Homes 27605

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