Zip 27615 (Raleigh, NC) Housing

Raleigh, NC 27615 has a housing median value of $491,400, which is significantly higher than the US house median value of $338,100. This is demonstrated further by the 1 year housing appreciation rate in Raleigh being 14.83%, far above the US national rate of 8.27%. Obviously this makes Raleigh a desirable place to own property and invest in real estate.

The median home cost in Raleigh (zip 27615) is $491,400. Home appreciation the last 10 years has been 122.8%. Home Appreciation in Raleigh (zip 27615) is up 23.6%.

Average Age of Homes

- The median age of Raleigh (zip 27615) real estate is 30 years old

The Rental Market in Raleigh (zip 27615)

- Renters make up 27.0% of the Raleigh (zip 27615) population
- 1.4% of houses and apartments in Raleigh (zip 27615), 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
	20,233.0	139,647,020.0
	33	42
	$491,400	$338,100
	23.6%	16.6%
	70.7%	57.0%
	122.8%	101.1%
	$8.39	$10.98
	$2,957	$2,690
	66.2%	57.4%
	6.8%	11.2%
	27.0%	31.4%
Vacant Housing
	1.4%	1.9%
	1.8%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	0.1%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.3%	2.4%
	0.7%	2.8%
	0.4%	3.9%
	0.6%	4.5%
	3.7%	11.3%
	8.6%	13.0%
	22.2%	20.1%
	24.2%	13.6%
	17.1%	8.3%
	13.7%	9.7%
	4.6%	3.9%
	2.6%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	27.5%	13.6%
	39.3%	13.2%
	13.5%	14.8%
	27.5%	13.6%
	0.6%	10.0%
	0.2%	4.7%
	0.2%	12.2%

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