How much is a home in 27603 worth?

The typical home value in 27603 is $410,844 as of 2026-08-01, down 2.1% over the past year. The median list price is $459,000.

How long does it take to sell a home in 27603?

Homes in 27603 are spending a median of 62 days on the market as of 2026-08-01. Sellers should plan for a timeline measured in months, not weeks.

Are sellers cutting prices in 27603?

Yes, 24.6% of listings in 27603 had a price cut as of 2026-08-01. That suggests many sellers are starting above what buyers are willing to pay.

Market Intelligence · NC / Raleigh

Raleigh, NC 27603 Housing Market

The typical home in Raleigh, NC 27603 is worth $410,844 as of 2026-08-01, down 2.1% over the past year. The median list price stands at $459,000, and homes are spending a median of 62 days on the market.

Updated August 2026Median value$411K

The median home value in Raleigh, NC 27603 is $411K as of August 2026, down 2.1% 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 27603 range

$378K to $444K

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

-2.1% over 12 months

Aug 2025$420K

Low $411KHigh $420K

Aug 2026$411K

The numbers

What is the 27603 housing market like?

As of August 2026

Typical home value

$411K

2.1%YoY

Median list price

$459K

1.8%MoM

Days on market

1.6%MoM

Homes for sale

218

0.9%MoM

Price cuts

24.6%

9.0%MoM

New listings

20.9%MoM

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

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The comparison

How do 27603 home prices compare?

27603$410,844
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 218 homes for sale in 27603 as of 2026-08-01, with 68 new listings entering the market. The median list price is $459,000, while the typical home value is $410,844, down 2.1% over the past year. Homes are taking a median of 62 days to sell. A share of 24.6% of listings have had a price cut. For sellers, the data points to a market that rewards realistic pricing from day one rather than testing the ceiling and cutting later.

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