Zip 27612 (Raleigh, NC) Housing

The housing market in 27612 Raleigh, NC is performing well, with the median value of a house being $516,600 - far higher than the US median of $338,100. This also reflects in the 1 year appreciation rates, where Raleigh comes in at 14.83%, compared to the US average of 8.27%. Therefore it is clear that this is an area with good prospects for continuing growth and high returns on any investments made into the housing market.

The median home cost in Raleigh (zip 27612) is $516,600. Home appreciation the last 10 years has been 122.8%. Home Appreciation in Raleigh (zip 27612) is up 23.6%.

Average Age of Homes

- The median age of Raleigh (zip 27612) real estate is 26 years old

The Rental Market in Raleigh (zip 27612)

- Renters make up 41.7% of the Raleigh (zip 27612) population
- 4.0% of houses and apartments in Raleigh (zip 27612), 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
	20,917.0	139,647,020.0
	29	42
	$516,600	$338,100
	23.6%	16.6%
	70.7%	57.0%
	122.8%	101.1%
	$9.08	$10.98
	$3,462	$2,690
	47.4%	57.4%
	11.7%	11.2%
	40.9%	31.4%
Vacant Housing
	4.0%	1.9%
	3.2%	0.4%
	0.5%	0.7%
	0.7%	0.4%
	0.9%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.0%	2.4%
	0.1%	2.8%
	0.1%	3.9%
	0.2%	4.5%
	4.1%	11.3%
	6.6%	13.0%
	18.8%	20.1%
	24.7%	13.6%
	18.4%	8.3%
	15.4%	9.7%
	9.8%	3.9%
	0.9%	2.2%
	0.5%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.4%	13.6%
	21.4%	13.6%
	19.5%	13.6%
	22.0%	13.2%
	11.6%	14.8%
	19.5%	13.6%
	2.0%	10.0%
	0.2%	4.7%
	0.5%	12.2%

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