Market Intelligence · NC / Raleigh

Raleigh, NC 27606 Housing Market

The typical home value in Raleigh, NC 27606 is $437,368, down 1.4% over the past year. The median list price is $394,900, and homes spend a median of 47 days on the market. As of 2026-08-01, there are 131 homes for sale in the ZIP.

Updated August 2026Median value$437K

The median home value in Raleigh, NC 27606 is $437K as of August 2026, down 1.4% 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 27606 range

$402K to $472K

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

-1.4% over 12 months

Typical home value in 27606 over the last 12 months: $444K in Aug 2025 to $437K in Aug 2026 (-1.4%).

Aug 2025$444K

Aug 2026$437K

The numbers

What is the 27606 housing market like?

Typical home value

$437K

Down1.4%YoY

Median list price

$395K

Up1.3%MoM

Days on market

47

Up11.9%MoM

Homes for sale

131

Up20.2%MoM

Price cuts

22.8%

Down4.1%MoM

New listings

44

Down21.4%MoM

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

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The comparison

How do 27606 home prices compare?

  • 27606$437,368
  • 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

Raleigh, NC 27606 had 131 homes for sale as of 2026-08-01, with 44 new listings added. The median list price sits at $394,900, below the typical home value of $437,368. Homes take a median of 47 days to go under contract, so buyers have some time to decide. About 22.8% of listings have taken a price cut, which lines up with values slipping 1.4% over the past year. For sellers, this is a market where accurate pricing from day one matters more than testing high.

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20% · $87,474

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