Market Intelligence · NC / Raleigh

Raleigh, NC 27606 Housing Market

The typical home value in Raleigh's 27606 is $444,326, down 1.9% over the past year. The median list price sits at $389,750, and homes are taking a median of 57 days on market.

Updated June 2026Median value$444K

The median home value in Raleigh, NC 27606 is $444K as of June 2026, down 1.9% 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

$409K to $480K

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

-1.9% over 12 months

Typical home value in 27606 over the last 12 months: $453K in Jun 2025 to $444K in Jun 2026 (-1.9%).

Jun 2025$453K

Jun 2026$444K

The numbers

What is the 27606 housing market like?

Typical home value

$444K

Down1.9%YoY

Median list price

$390K

Days on market

57

Up72.7%MoM

Homes for sale

106

Price cuts

20.9%

New listings

48

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

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The comparison

How do 27606 home prices compare?

  • 27606$444,326
  • 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 106 homes for sale in 27606, with 48 new listings added. The median list price was $389,750, and the median time on market was 57 days. About 20.9% of listings had a price cut. The typical home value was $444,326, down 1.9% over the past year. Sellers here should plan for a slower pace and price carefully from the start.

Monthly payment

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20% · $88,865

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