Published October 13, 2026 in Market Update

Another part of the Primary market has slowed down sharply

By Jodi Bakst
Real estate, Primary market

One number tells the story for ZIP 27560. Pending sales fell 39% in the three months ending August 31, 2026, according to the Real Estate Data Aggregator. That is the sharpest pullback in this market. It means fewer buyers are committing, and sellers need to take notice.

Percent drop in pending sales, ZIP 27560 (Real Estate Data Aggregator, three months ending August 31, 2026)
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

That drop in pending sales is not the only sign of slowing in 27560. The Real Estate Data Aggregator counted 76 homes sold there in the three months ending August 31, 2026. That is down 33.9% from the same period a year before. Homes for sale rose 19.5%, and months of supply climbed to 4, up 1.8 months from a year ago. Buyers in 27560 have more options and more time to look.

ZIP 27560, three months ending August 31, 2026 (Real Estate Data Aggregator)
Homes sold
Down 33.9% from a year before
Months of supply
Up 1.8 months from a year before
Homes for sale
Up 19.5% from a year before
Median days on market
2 days shorter than a year before
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

There is a national piece to this too. Redfin reported that 14.5% of homebuying deals fell through in September 2026, the highest share on record. When deals fall apart at that rate, it adds uncertainty for sellers everywhere, including here.

Percent of homebuying deals that fell through in September 2026, the highest share on record (Redfin)
Source: Redfin, Oct 12, 2026

Freddie Mac put the 30-year fixed rate at 7.40% as of October 8, 2026. That is real pressure on buyers trying to make a number work. Higher rates mean some buyers step back, and that shows up in pending sales first.

The rest of the market is not standing still

ZIP 27560 is one part of a bigger picture. Across all 12 ZIP codes in the Primary market, the Real Estate Data Aggregator counted 1,671 homes sold in the three months ending August 31, 2026. That is up 8.2% from a year before. Pending sales across the market rose 8.1%. So the slowdown in 27560 is real, but it is not the whole story.

Primary market overall, three months ending August 31, 2026 (Real Estate Data Aggregator)
Homes sold
Up 8.2% from a year before
Pending sales
Up 8.1% from a year before
Homes for sale
Up 1.5% from a year before
New listings
Up 0.8% from a year before
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

How ZIP 27560 compares with nearby ZIPs

Some ZIPs nearby are moving much faster. The Real Estate Data Aggregator shows ZIP 27511 had a median of just 19 days on market. ZIP 27513 had 49.3% of homes go under contract within two weeks of listing. ZIP 27560 had only 13.9% do the same, down 14.9 points from a year before. That gap is worth knowing if you are pricing a home in 27560.

27511 – Cary, NC52.4%27513 – Cary, NC49.3%27510 – Carrboro, NC48.3%27278 – Hillsborough, NC42.6%27713 – Durham, NC34.5%27560 – Morrisville, NC13.9%
ZIP 27560 sits at the bottom. Only 13.9% of its homes went under contract within two weeks, down 14.9 points from a year before. Source: Real Estate Data Aggregator.

Prices in 27560 held up, but fewer homes crossed the finish line

The median sale price in ZIP 27560 was $518,750 in the three months ending August 31, 2026, up 2.6% from a year before, per the Real Estate Data Aggregator. Prices did not fall. But the sale to list ratio slipped to 98%, down 0.7 points. Only 13.2% of homes sold above list price, down 2.5 points. Buyers are getting a little more room to negotiate.

ZIP 27560 key measures, three months ending August 31, 2026 (Real Estate Data Aggregator)
This yearChange from last year
Median sale price$518,750Up 2.6%
Sale to list ratio98%Down 0.7 points
Sold above list price13.2%Down 2.5 points
Pending sales72Down 39%
Prices held, but the signs of buyer hesitation are clear. Source: Real Estate Data Aggregator.

What this means if you own a home in 27560

More supply, fewer pending sales, and a higher rate of deals falling apart nationally all point the same way. Condition and price matter more right now. A home that is priced right and shows well can still sell. One that is not may sit. The Real Estate Data Aggregator shows the median days on market in 27560 was 34 days, actually 2 days shorter than a year ago. So homes are not stuck forever. They just need to earn the buyer.

In short
  1. ZIP 27560 slowed sharply in the three months ending August 31, 2026. Pending sales fell 39% and homes sold dropped 33.9%, per the Real Estate Data Aggregator.
  2. Nationally, Redfin reported 14.5% of deals fell through in September, the highest share on record.
  3. Prices in 27560 still edged up 2.6%.
  4. The rest of the Primary market stayed on track, with 1,671 homes sold, up 8.2%.
  5. One street can read very differently from the ZIP code as a whole.

Your next step

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Where these numbers came from