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Area data

Raleigh, NC — ZIP 27608

Population: 12,604 (Census ACS)

Home values & appreciation

Median home value
$1.05M
1-year appreciation
+1.9%
3-year appreciation
+9.5%
5-year appreciation
+34.9%
10-year appreciation
+83.4%
All-time peak (2026-07)
$1.05M
House Price Index
438.2 (+1.0% YoY)

Market activity

Median sale price
$1.24M
Median list price
$1.20M
Median days on market
25 days
Sale-to-list ratio
99.5%
Active listings
28
1-year forecast
+0.5%
Days to pending
47 days
New listings (monthly)
16

Rents

Typical rent
$2,088/mo
1-year rent change
+2.2%
1BR fair-market rent
$1,610/mo
3BR fair-market rent
$2,210/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
3
Elementary schools
2
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
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
15.3 / 20
Transit service frequency
264

Amenities

Nearest airport
Raleigh-Durham International Airport (RDU) (9 mi)
Nearest major airport
Raleigh-Durham International Airport (RDU) (9 mi)
Hospitals nearby (~15 mi)
10
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
1,970
Median annual property tax
$7,403
Mean commute to work
13 min
Households with broadband internet
91.8%

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