27614 — Wake County, North Carolina Market Snapshot
Housing market data for zip code 27614 in Wake County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
30 sales in 2026 (year to date)
Median Sale Price
$346,500
Days to Sell
83
Homes Sold
30
Inventory
36
Sale-to-List
97.7%
New Listings
39
Price/SqFt
$190
Pending Sales
36
Conforming Loan Available
Most homebuyers in 27614 can comfortably use conventional financing. The median home price of $346,500 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 83 days on average, 27614 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 27614 sells for 2.3% below asking price (97.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 27614 can comfortably use conventional financing. The median home price of $346,500 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 27614 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 27614
To purchase the median home at $346,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,805.
Monthly Payment
$2,805
Income Required
$120,204
Principal & Interest
$2,135/mo
Down Payment (5%)
$17,325
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 27614.
Estimated Monthly Payment
$2,294
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