27603 — Wake County, North Carolina Market Snapshot
Housing market data for zip code 27603 in Wake County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
43 sales in 2026 (year to date)
Median Sale Price
$312,360
Days to Sell
40
Homes Sold
43
Inventory
45
Sale-to-List
99.0%
New Listings
60
Price/SqFt
$196
Pending Sales
49
Conforming Loan Available
Most homebuyers in 27603 can comfortably use conventional financing. The median home price of $312,360 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
27603's market is balanced with homes taking an average of 40 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 27603 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 27603 can comfortably use conventional financing. The median home price of $312,360 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 27603 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 27603
To purchase the median home at $312,360 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,543.
Monthly Payment
$2,543
Income Required
$108,994
Principal & Interest
$1,925/mo
Down Payment (5%)
$15,618
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 27603.
Estimated Monthly Payment
$2,083
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