Market Intelligence · NC / Raleigh

Raleigh, NC 27601 Housing Market

The typical home value in Raleigh, NC 27601 is $497,314, down 2.0% over the past year. The median list price is $599,000, and homes spend a median of 72 days on the market. That gap between list price and typical value suggests sellers are aiming higher than where most homes actually sit.

Updated August 2026Median value$497K

The median home value in Raleigh, NC 27601 is $497K as of August 2026, down 2.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 27601 range

$458K to $537K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.0% over 12 months

Typical home value in 27601 over the last 12 months: $507K in Aug 2025 to $497K in Aug 2026 (-2.0%).

Aug 2025$507K

Aug 2026$497K

The numbers

What is the 27601 housing market like?

Typical home value

$497K

Down2.0%YoY

Median list price

$599K

Flat0.0%MoM

Days on market

72

Up20.0%MoM

Homes for sale

75

Down5.1%MoM

Price cuts

18.5%

Down20.4%MoM

New listings

16

Down20.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 27601 home prices compare?

  • 27601$497,314
  • Raleigh$497,314
  • North Carolina$287,619
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Raleigh: 15 ZIPs; North Carolina: 718 ZIPs; United States: 26,265 ZIPs).

Context

There are 75 homes for sale in 27601, with 16 new listings hitting the market. The typical home value of $497,314 is down 2.0% over the past year, so values are drifting lower rather than climbing. Homes are taking a median of 72 days to move, and 18.5% of listings have taken a price cut. That share of cuts, paired with slower sales, means buyers have some room to negotiate. For a seller, pricing realistically from day one matters more than it did a year ago.

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