Market Intelligence · NC / Raleigh

Raleigh, NC 27605 Housing Market

The typical home value in Raleigh's 27605 ZIP code is $407,885, down 3.1% over the past year. The median list price sits at $431,374, and homes are taking a median of 66 days on market.

Updated June 2026Median value$408K

The median home value in Raleigh, NC 27605 is $408K as of June 2026, down 3.1% 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 27605 range

$375K to $441K

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

-3.1% over 12 months

Typical home value in 27605 over the last 12 months: $421K in Jun 2025 to $408K in Jun 2026 (-3.1%).

Jun 2025$421K

Jun 2026$408K

The numbers

What is the 27605 housing market like?

Typical home value

$408K

Down3.1%YoY

Median list price

$431K

Days on market

66

Up71.4%MoM

Homes for sale

50

Price cuts

30.3%

New listings

4

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

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The comparison

How do 27605 home prices compare?

  • 27605$407,885
  • 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 are 50 homes for sale in 27605, with 4 new listings added. The typical home value is $407,885, down 3.1% over the past year, while the median list price is $431,374. Homes are taking a median of 66 days to sell, and 30.3% of listings have had a price cut. For sellers, this is a slower market where patience and realistic pricing matter more than they might in a faster cycle.

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