Zip 27605 (Raleigh, NC) Housing

The housing market in 27605 Raleigh, NC is considerably higher than the national average. The median value of a house in 27605 is $474,700 whereas the US median value is $338,100. Over the last year, the appreciation rate of houses in 27605 has increased by 14.83%, compared to 8.27% nationally. This suggests that people are willing to pay more for homes in this area due to its strong job market and desirable lifestyle amenities.

The median home cost in Raleigh (zip 27605) is $474,700. Home appreciation the last 10 years has been 122.8%. Home Appreciation in Raleigh (zip 27605) is up 23.6%.

Average Age of Homes

- The median age of Raleigh (zip 27605) real estate is 42 years old

The Rental Market in Raleigh (zip 27605)

- Renters make up 54.4% of the Raleigh (zip 27605) population
- 2.5% of houses and apartments in Raleigh (zip 27605), 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
	4,028.0	139,647,020.0
	37	42
	$474,700	$338,100
	23.6%	16.6%
	70.7%	57.0%
	122.8%	101.1%
	$9.97	$10.98
	$3,752	$2,690
	29.2%	57.4%
	10.0%	11.2%
	60.8%	31.4%
Vacant Housing
	2.5%	1.9%
	0.3%	0.4%
	2.0%	0.7%
	0.0%	0.4%
	2.4%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	2.6%	3.9%
	0.0%	4.5%
	4.8%	11.3%
	3.8%	13.0%
	28.9%	20.1%
	13.0%	13.6%
	10.4%	8.3%
	23.8%	9.7%
	8.9%	3.9%
	3.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	8.2%	13.6%
	17.3%	13.2%
	4.5%	14.8%
	8.2%	13.6%
	7.3%	10.0%
	2.9%	4.7%
	26.9%	12.2%

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