The housing market in 27601 Raleigh, NC is booming. The median value of a house there is $507,400, which is significantly higher than the US median value of $338,100. Furthermore, whereas the nation as a whole has seen an 8.27% appreciation in house values over the past year, houses in 27601 have appreciated by 14.83%. This trend indicates that the housing market in this specific area is particularly strong and is an attractive investment option for those looking to buy or sell real estate.
The median home cost in Raleigh (zip 27601) is $507,400. Home appreciation the last 10 years has been 122.8%. Home Appreciation in Raleigh (zip 27601) is up 23.6%.
Average Age of Homes
- The median age of Raleigh (zip 27601) real estate is 41 years old
The Rental Market in Raleigh (zip 27601)
- Renters make up 59.1% of the Raleigh (zip 27601) population
- 3.8% of houses and apartments in Raleigh (zip 27601), 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.