The housing market in 27613 Raleigh, NC is a thriving one. According to current data, the median value of homes in the area is $525,100, significantly higher than the US House Median Value of $338,100. This is likely due to the 1 year house appreciation rate in 27613 being 14.83%, compared to 8.27% for the US as a whole. With such strong appreciation seen over just 12 months, it's no surprise that houses in this area are seeing great demand and growth potential.
The median home cost in Raleigh (zip 27613) is $525,100. Home appreciation the last 10 years has been 122.8%. Home Appreciation in Raleigh (zip 27613) is up 23.6%.
Average Age of Homes
- The median age of Raleigh (zip 27613) real estate is 25 years old
The Rental Market in Raleigh (zip 27613)
- Renters make up 30.0% of the Raleigh (zip 27613) population
- 2.5% of houses and apartments in Raleigh (zip 27613), 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.