Market Intelligence · NC / Raleigh

Raleigh, NC 27607 Housing Market

The typical home value in Raleigh's 27607 ZIP code is $725,052, up 0.1% over the past year. The median list price sits at $1,023,750, and homes are taking a median of 61 days on market.

Updated June 2026Median value$725K

The median home value in Raleigh, NC 27607 is $725K as of June 2026, up 0.1% 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 27607 range

$667K to $783K

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

+0.1% over 12 months

Typical home value in 27607 over the last 12 months: $724K in Jun 2025 to $725K in Jun 2026 (+0.1%).

Jun 2025$724K

Jun 2026$725K

The numbers

What is the 27607 housing market like?

Typical home value

$725K

Up0.1%YoY

Median list price

$1.02M

Days on market

61

Up90.6%MoM

Homes for sale

69

Price cuts

18.8%

New listings

24

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

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The comparison

How do 27607 home prices compare?

  • 27607$725,052
  • 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 69 homes for sale in 27607, with 24 new listings added recently. The median list price of $1,023,750 runs well above the typical home value of $725,052, which reflects the mix of properties currently on the market. Homes are sitting for a median of 61 days, and 18.8% of listings have had a price cut. With values essentially flat over the past year, sellers should price carefully and expect a measured timeline.

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