Market Intelligence · NC / Raleigh

Raleigh, NC 27603 Housing Market

The typical home value in Raleigh's 27603 ZIP code is $417,206, down 2.5% over the past year. The median list price sits at $470,000, and homes are taking a median of 54 days on market.

Updated June 2026Median value$417K

The median home value in Raleigh, NC 27603 is $417K as of June 2026, down 2.5% 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

$384K to $451K

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

-2.5% over 12 months

Typical home value in 27603 over the last 12 months: $428K in Jun 2025 to $417K in Jun 2026 (-2.5%).

Jun 2025$428K

Jun 2026$417K

The numbers

What is the 27603 housing market like?

Typical home value

$417K

Down2.5%YoY

Median list price

$470K

Days on market

54

Up58.8%MoM

Homes for sale

211

Price cuts

23.5%

New listings

66

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 27603 home prices compare?

  • 27603$417,206
  • Raleigh$506,791
  • North Carolina$290,858
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Raleigh: 15 ZIPs; North Carolina: 718 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there were 211 homes for sale in 27603, with 66 new listings added. The median list price was $470,000, while the typical home value stood at $417,206, down 2.5% over the past year. With a median of 54 days on market and 23.5% of listings showing a price cut, the pace here has slowed. Sellers should price carefully and expect buyers to have room to negotiate.

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