27601 — Wake County, North Carolina Market Snapshot
Housing market data for zip code 27601 in Wake County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
23 sales in 2026 (year to date)
Median Sale Price
$580,000
Days to Sell
88
Homes Sold
23
Inventory
85
Sale-to-List
97.5%
New Listings
75
Price/SqFt
$367
Pending Sales
32
Conforming Loan Available
Most homebuyers in 27601 can comfortably use conventional financing. The median home price of $580,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 88 days on average, 27601 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 27601 sells for 2.5% below asking price (97.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 27601 can comfortably use conventional financing. The median home price of $580,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 27601 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 27601
To purchase the median home at $580,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,594.
Monthly Payment
$4,594
Income Required
$196,876
Principal & Interest
$3,574/mo
Down Payment (5%)
$29,000
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 27601.
Estimated Monthly Payment
$3,740
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