Zip 27606 (Raleigh, NC) Housing

The housing in 27606 Raleigh, NC is significantly more expensive than the US median at $405,700. This is a far cry from the US median of $338,100. In addition, the appreciation rate of homes in 27606 Raleigh, NC is higher than the national average. Over the past year, house appreciation in this area has been 14.83%, compared to 8.27% for the US as a whole. This indicates that 27606 Raleigh, NC is a desirable place to live and an excellent investment opportunity for potential homeowners.

The median home cost in Raleigh (zip 27606) is $405,700. Home appreciation the last 10 years has been 122.8%. Home Appreciation in Raleigh (zip 27606) is up 23.6%.

Average Age of Homes

- The median age of Raleigh (zip 27606) real estate is 31 years old

The Rental Market in Raleigh (zip 27606)

- Renters make up 58.3% of the Raleigh (zip 27606) population
- 4.2% of houses and apartments in Raleigh (zip 27606), 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
	20,619.0	139,647,020.0
	33	42
	$405,700	$338,100
	23.6%	16.6%
	70.7%	57.0%
	122.8%	101.1%
	$7.59	$10.98
	$2,502	$2,690
	33.5%	57.4%
	8.7%	11.2%
	57.8%	31.4%
Vacant Housing
	4.2%	1.9%
	1.3%	0.4%
	0.1%	0.7%
	0.5%	0.4%
	0.5%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.1%	2.4%
	0.1%	2.8%
	0.1%	3.9%
	1.1%	4.5%
	4.6%	11.3%
	9.2%	13.0%
	28.8%	20.1%
	20.1%	13.6%
	20.4%	8.3%
	11.0%	9.7%
	1.8%	3.9%
	1.8%	2.2%
	0.3%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	17.3%	13.6%
	25.9%	13.2%
	15.2%	14.8%
	17.3%	13.6%
	3.5%	10.0%
	1.6%	4.7%
	1.4%	12.2%

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