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Area data

Raleigh, NC — ZIP 27604

Population: 44,514 (Census ACS)

Home values & appreciation

Median home value
$343,918
1-year appreciation
-3.2%
3-year appreciation
-5.1%
5-year appreciation
+18.2%
10-year appreciation
+89.8%
All-time peak (2022-08)
$372,190
House Price Index
438.2 (+1.0% YoY)

Market activity

Median sale price
$349,000
Median list price
$379,950
Median days on market
38 days
Sale-to-list ratio
98.9%
Active listings
164
1-year forecast
0.0%
Days to pending
47 days
New listings (monthly)
67

Rents

Typical rent
$1,616/mo
1-year rent change
+2.7%
1BR fair-market rent
$1,570/mo
3BR fair-market rent
$2,160/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
5
Middle schools
1
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hail, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
63.0°F
Average high
73.0°F
Average low
53.0°F
Annual precipitation
42.2 in
Annual snowfall
1.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
190

Walkability & transit

Walkability index
10.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Raleigh East Airport (7 mi)
Nearest major airport
Raleigh-Durham International Airport (RDU) (13 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
4.5 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+2,663 tax filers

Housing stock

Median year housing built
1,991
Median annual property tax
$2,424
Mean commute to work
19 min
Households with broadband internet
79.6%

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents