Area data
Raleigh, NC — ZIP 27607
Population: 28,438 (Census ACS)
Home values & appreciation
- Median home value
- $721,885
- 1-year appreciation
- +0.4%
- 3-year appreciation
- +4.6%
- 5-year appreciation
- +29.3%
- 10-year appreciation
- +79.8%
- All-time peak (2025-01)
- $723,437
- House Price Index
- 438.2 (+1.0% YoY)
Market activity
- Median sale price
- $679,000
- Median list price
- $700,000
- Median days on market
- 117 days
- Sale-to-list ratio
- 98.1%
- Active listings
- 6
- 1-year forecast
- +0.5%
- Days to pending
- 48 days
- New listings (monthly)
- 16
Rents
- Typical rent
- $1,592/mo
- 1-year rent change
- +1.9%
- 1BR fair-market rent
- $1,620/mo
- 3BR fair-market rent
- $2,230/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
- 4
- Elementary schools
- 3
- Middle schools
- 1
- High schools
- 0
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
- 62.0°F
- Average high
- 72.0°F
- Average low
- 51.0°F
- Annual precipitation
- 51.1 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 49
- Days with Good air quality
- 190
Walkability & transit
- Walkability index
- 11.8 / 20
- Transit service frequency
- 393
Amenities
- Nearest airport
- Raleigh-Durham International Airport (RDU) (6 mi)
- Nearest major airport
- Raleigh-Durham International Airport (RDU) (6 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 5.0 / 5
- Solar radiation rating
- Fair (4.4 kWh/m²/day)
Migration
- Net migration
- +2,663 tax filers
Housing stock
- Median year housing built
- 1,996
- Median annual property tax
- $4,857
- Mean commute to work
- 14 min
- Households with broadband internet
- 89.4%
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 →