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5401 North, NCHousing Market

5401 North in Raleigh is a balanced market, giving buyers and sellers room to negotiate. Homes are selling for 98.19% of asking price and averaging 60 days on the market, so you can make decisions without the pressure of a highly competitive market.

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Written By Carol CFeatured Writer
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Reviewed By Nicholas HReal Estate Broker
5401 North, NC Housing Market Forecast 2026AI-powered forecast for prices, inventory & market trends
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
February 2026
Last updated
Live MLS Data 3,181 active homes tracked
Data Sources:
Canopy MLS
5401 North, NC Real Estate Market Snapshot
MEDIAN HOME PRICE
$370,000↓ 0.13%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Balanced Market
DAYS ON MARKET
60
↑ 23.00% YoY
INVENTORY
11
↓ 0.31% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy or Sell in 5401 North? Here's What We Think.

It depends on your goals, but 5401 North offers a relatively balanced market for both buyers and sellers. Homes are averaging 60 days on the market, with 1.8 months of supply. The median sale price is $370,000, and home sales saw no change from last year. Buyers have room to negotiate, while sellers can still attract serious interest.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$370,000
↓ 0.13%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in 5401 North. The median sale price is currently $370,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

5401 North
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Updated MonthlyLast Updated: February 2026

5401 North Housing Market Forecast for 2026

5401 North's housing market is expected to be balanced in 2026, with modest price growth, steady inventory, and stable conditions for both buyers and sellers.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting sustainable growth
  • Sale-to-list ratio forecast to hold near 98-100%, keeping the market steady
  • Neither buyers nor sellers hold a clear advantage, keeping negotiations balanced

Will the 5401 North Housing Market Crash in 2026?

Expert consensus points to no. 5401 North shows stable fundamentals, with demand and supply moving roughly in step rather than pulling in opposite directions. This mirrors the broader trend across Raleigh, not a shift specific to this neighborhood. Both buyers and sellers should expect conditions to hold steady through 2026, with no signs pointing toward a downturn.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    60 days

  • Months of Supply:

    1.8 months

  • Sale-to-List Ratio:

    98.19%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in 5401 North Right Now?

5401 North has a steady flow of homes coming onto the market, keeping inventory relatively balanced. There are currently 11 active listings and 1.8 months of supply, giving buyers a reasonable selection without creating excessive competition among sellers. There were 12 new listings last month, while the inventory had a marginal change year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
11
↓ 0.31%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in 5401 North. There are currently 11 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

5401 North
location pin
Updated MonthlyLast Updated: February 2026

Are Buyers or Sellers Controlling the 5401 North Market?

Buyers and sellers have relatively equal footing in the 5401 North housing market. Homes are selling for 98.19% of their asking price, and price reductions saw no change year-over-year. Neither side has a clear advantage, leaving room for both to negotiate.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
16.67%
↓ 16.67%YoY
What this chart showsSold Above List
The line tracks the share of homes in 5401 North selling above their asking price over time. Currently, 16.67% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

5401 North
location pin
Updated MonthlyLast Updated: February 2026

Find Your Perfect 5401 North Home Now

23 homes for sale in 5401 North, NC big arrow leftbig arrow inline

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Frequently Asked Questions

How have 5401 North house prices changed over the past year?

What are 5401 North real estate market predictions for 2026?

What's the median home price in 5401 North?

What is a good time to buy a home in 5401 North?

When will the 5401 North housing market crash?

How to buy a home in 5401 North?

How can I list my home for sale in 5401 North, Raleigh, NC?

What is the average mortgage rate for buyers in 5401 North?

What is a good time to sell a house in 5401 North?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across North Carolina.

Canopy MLS
Canopy MLS
Doorify MLS-NC
Doorify MLS-NC
Triad MLS-NC
Triad MLS-NC
Hive MLS-NC
Hive MLS-NC

Data provided by Redfin, a national real estate brokerage.

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Oct 7, 2026, 6:00 AM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.

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Based on information from the Hive MLS, through Oct 7, 2026, 6:00 AM. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of Oct 7, 2026, 6:00 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Chosen Realty LLC nor Houzeo shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Hive MLS. All Rights Reserved.