Market Intelligence · NC / Raleigh

Raleigh, NC 27608 Housing Market

The typical home value in Raleigh, NC 27608 is $1,046,124, up 2.6% over the past year as of 2026-08-01. The median list price is $1,011,250, and homes spend a median of 85 days on market.

Updated August 2026Median value$1046K

The median home value in Raleigh, NC 27608 is $1.05M as of August 2026, up 2.6% 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.

Get a cash offer

Sell without the wait

Sell your Raleigh home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 27608 range

$962K to $1.13M

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 27608 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Raleigh, NC.

12-month value trend

+2.6% over 12 months

Typical home value in 27608 over the last 12 months: $1.02M in Aug 2025 to $1.05M in Aug 2026 (+2.6%).

Aug 2025$1.02M

Aug 2026$1.05M

The numbers

What is the 27608 housing market like?

Typical home value

$1.05M

Up2.6%YoY

Median list price

$1.01M

Up4.5%MoM

Days on market

85

Up18.1%MoM

Homes for sale

69

Down4.2%MoM

Price cuts

13.9%

Up104.0%MoM

New listings

16

Up100.0%MoM

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

Free home value report

See what your 27608 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 27608 home prices compare?

  • 27608$1,046,124
  • 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

As of 2026-08-01, there are 69 homes for sale in 27608, with 16 new listings added. The median list price is $1,011,250, while the typical home value sits at $1,046,124, up 2.6% over the past year. Homes are taking a median of 85 days to sell, and 13.9% of listings have had a price cut. Values are still rising, but the pace of sales suggests buyers have room to be selective. For a seller, pricing accurately from the start matters more than testing the market high.

Monthly payment

Estimate your monthly payment.

20% · $209,225

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.