27511 — Wake County, North Carolina Market Snapshot
Housing market data for zip code 27511 in Wake County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
17 sales in 2026 (year to date)
Median Sale Price
$707,312
Days to Sell
32
Homes Sold
17
Inventory
14
Sale-to-List
100.2%
New Listings
16
Price/SqFt
$383
Pending Sales
10
Conforming Loan Available
The median home in 27511 at $707,312 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
27511's market is balanced with homes taking an average of 32 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 27511 (100.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 27511 at $707,312 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 27511 are set at the county level.
2026 Loan Limits — Wake County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 27511
To purchase the median home at $707,312 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,569.
Monthly Payment
$5,569
Income Required
$238,680
Principal & Interest
$4,358/mo
Down Payment (5%)
$35,366
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 27511.
Estimated Monthly Payment
$4,527
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