Zip 27609 (Raleigh, NC) Housing

The housing market in 27609 Raleigh, NC is quite strong. The median value of a house in this area is $496,600, which is nearly 50% more expensive than the national median of $338,100. Over the past year, the appreciation rate of houses in this area was 14.83%, which was significantly higher than the 8.27% appreciation rate seen across the entire US during that same period. This makes 27609 Raleigh, NC an attractive location for potential homebuyers looking to purchase a new home or invest in real estate.

The median home cost in Raleigh (zip 27609) is $496,600. Home appreciation the last 10 years has been 122.8%. Home Appreciation in Raleigh (zip 27609) is up 23.6%.

Average Age of Homes

- The median age of Raleigh (zip 27609) real estate is 39 years old

The Rental Market in Raleigh (zip 27609)

- Renters make up 39.6% of the Raleigh (zip 27609) population
- 4.9% of houses and apartments in Raleigh (zip 27609), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Raleigh, North Carolina	United States
	19,099.0	139,647,020.0
	41	42
	$496,600	$338,100
	23.6%	16.6%
	70.7%	57.0%
	122.8%	101.1%
	$8.27	$10.98
	$2,905	$2,690
	45.0%	57.4%
	14.1%	11.2%
	40.9%	31.4%
Vacant Housing
	4.9%	1.9%
	4.8%	0.4%
	0.2%	0.7%
	1.3%	0.4%
	0.5%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.2%	2.4%
	0.7%	2.8%
	1.4%	3.9%
	0.3%	4.5%
	5.2%	11.3%
	9.5%	13.0%
	20.1%	20.1%
	23.7%	13.6%
	13.5%	8.3%
	13.3%	9.7%
	4.7%	3.9%
	5.0%	2.2%
	1.2%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	10.7%	13.6%
	18.5%	13.2%
	22.5%	14.8%
	10.7%	13.6%
	5.5%	10.0%
	0.9%	4.7%
	0.8%	12.2%

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