New-build home prices in 27616
Recorded home sales in ZIP 27616 (Wake County) run a median of $191 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $172 and $210/sq ft.
What new homes sell for in 27616
At the local median of $191/sq ft, a new home would price roughly:
| 1,500 sq ft | $286,500 |
| 2,000 sq ft | $382,000 |
| 2,500 sq ft | $477,500 |
| 3,000 sq ft | $573,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Single-family | 5,660 | $191 | 1,919 sf | $369,000 |
| Mobile / manufactured | 5 | $205 | 8,262 sf | $1,693,000 |
| Multi-family | 2 | $171 | 2,148 sf | $370,000 |
Recent sales in 27616
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 4,035 | $1,170,000 | $290 | 2025 | 2/2026 |
| Single-family | 3,152 | $1,123,500 | $356 | 2025 | 3/2026 |
| Single-family | 2,524 | $700,000 | $277 | 1990 | 6/2026 |
| Single-family | 4,358 | $690,000 | $158 | 2020 | 1/2026 |
| Single-family | 4,332 | $667,500 | $154 | 2019 | 1/2026 |
| Single-family | 3,024 | $572,000 | $189 | 2022 | 7/2026 |
| Single-family | 3,578 | $570,000 | $159 | 2018 | 2/2026 |
| Single-family | 3,599 | $560,000 | $156 | 2004 | 1/2026 |
| Single-family | 2,531 | $560,000 | $221 | 1972 | 2/2026 |
| Single-family | 2,390 | $550,000 | $230 | 2022 | 2/2026 |
| Single-family | 3,252 | $545,000 | $168 | 2025 | 3/2026 |
| Single-family | 3,346 | $545,000 | $163 | 2019 | 4/2026 |
| Single-family | 3,252 | $538,000 | $165 | 2025 | 2/2026 |
| Single-family | 3,102 | $532,000 | $172 | 2021 | 4/2026 |
| Single-family | 1,526 | $530,000 | $347 | 1999 | 2/2026 |
Appraising a site in 27616?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 27616 home prices
- What is the price per square foot in 27616?
- Recent recorded home sales in ZIP 27616 (Wake County, NC) run a median of $191 per square foot, with the middle half between $172 and $210, from 5,667 qualified sales in 2021-2026.
- What does a home sell for in 27616?
- The typical recorded sale in 27616 is a 1,920 sq ft home at $369,000. A new 1,920 sq ft home at the local $191/sq ft would price around $366,720.
- Where does this 27616 data come from?
- North Carolina county assessor and CAMA records (Wake, Mecklenburg, Johnston, New Hanover, Iredell, Harnett and Union counties). Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of Wake County →
Nearby ZIPs: 27604 · 27609 · 27615 · 27571 · 27545 · 27614 · 27608 · 27697
North Carolina land hub
Method: recorded residential sales with heated living area (2021+) from North Carolina county assessor and CAMA records (Wake, Mecklenburg, Johnston, New Hanover, Iredell, Harnett and Union counties), assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.