27607 — Wake County, North Carolina Market Snapshot
Housing market data for zip code 27607 in Wake County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
39 sales in 2026 (year to date)
Median Sale Price
$900,000
Days to Sell
34
Homes Sold
39
Inventory
62
Sale-to-List
98.7%
New Listings
81
Price/SqFt
$376
Pending Sales
53
Jumbo Loan Likely Needed
The median home in 27607 at $900,000 exceeds the 2026 conforming loan limit of $832,750 by $67,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
27607's market is balanced with homes taking an average of 34 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 27607 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 27607 at $900,000 exceeds the 2026 conforming loan limit of $832,750 by $67,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 27607 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 27607
To purchase the median home at $900,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,046.
Monthly Payment
$7,046
Income Required
$301,950
Principal & Interest
$5,546/mo
Down Payment (5%)
$45,000
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 27607.
Estimated Monthly Payment
$5,720
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