Area data
Raleigh, NC — ZIP 27603
Population: 53,972 (Census ACS)
Home values & appreciation
- Median home value
- $416,830
- 1-year appreciation
- -2.4%
- 3-year appreciation
- -2.6%
- 5-year appreciation
- +20.1%
- 10-year appreciation
- +81.2%
- All-time peak (2022-08)
- $438,236
- House Price Index
- 438.2 (+1.0% YoY)
Market activity
- Median sale price
- $406,250
- Median list price
- $450,000
- Median days on market
- 70.5 days
- Sale-to-list ratio
- 94.9%
- Active listings
- 47
- 1-year forecast
- 0.0%
- Days to pending
- 53 days
- New listings (monthly)
- 68
Rents
- Typical rent
- $1,723/mo
- 1-year rent change
- +0.2%
- 1BR fair-market rent
- $1,520/mo
- 3BR fair-market rent
- $2,100/mo
Affordability
- Cost of living index (Below Average)
- 92.5 (100 = US avg)
- Electricity rate (state-level)
- 14.0¢/kWh
- Natural gas rate (state-level)
- $16.40/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 6
- Elementary schools
- 4
- Middle schools
- 0
- High schools
- 2
- Charter schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- hail, heatWave, iceStorm, inlandFlooding, lightning
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 63.0°F
- Average high
- 72.0°F
- Average low
- 54.0°F
- Annual precipitation
- 42.2 in
- Annual snowfall
- 1.0 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 49
- Days with Good air quality
- 190
Walkability & transit
- Walkability index
- 4.2 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Bagwell Airport (3 mi)
- Nearest major airport
- Raleigh-Durham International Airport (RDU) (17 mi)
- Hospitals nearby (~15 mi)
- 7
- Avg hospital rating
- 4.3 / 5
- Solar radiation rating
- Fair (4.5 kWh/m²/day)
Migration
- Net migration
- +2,663 tax filers
Housing stock
- Median year housing built
- 2,000
- Median annual property tax
- $2,430
- Mean commute to work
- 21 min
- Households with broadband internet
- 82.4%
Employment & development
- Total county employment
- 555,964
- Average weekly wage
- $1,452
- Top industries (by employment)
- Professional Services, Health Care, Accommodation & Food
- Annual residential building permits (county)
- 9,552
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →