Market Intelligence · NC / Raleigh

Raleigh, NC 27609 Housing Market

The typical home value in Raleigh, NC 27609 is $552,819, up 1.8% over the past year. The median list price is $725,000, and homes spend a median of 65 days on the market. There are 133 homes for sale as of 2026-08-01.

Updated August 2026Median value$553K

The median home value in Raleigh, NC 27609 is $553K as of August 2026, up 1.8% 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 27609 range

$509K to $597K

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

+1.8% over 12 months

Typical home value in 27609 over the last 12 months: $543K in Aug 2025 to $553K in Aug 2026 (+1.8%).

Aug 2025$543K

Aug 2026$553K

The numbers

What is the 27609 housing market like?

Typical home value

$553K

Up1.8%YoY

Median list price

$725K

Down1.2%MoM

Days on market

65

Flat0.0%MoM

Homes for sale

133

Down4.3%MoM

Price cuts

23.1%

Up27.1%MoM

New listings

40

Flat0.0%MoM

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

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The comparison

How do 27609 home prices compare?

  • 27609$552,819
  • 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 27609 has 133 homes for sale, with 40 new listings added as of 2026-08-01. The median list price sits at $725,000, while the typical home value is $552,819, up 1.8% over the past year. Homes are taking a median of 65 days to sell, and 23.1% of listings have had a price cut. That combination suggests buyers have room to negotiate, even though values are still inching upward. For a seller, pricing realistically from day one matters more than testing the top of the market.

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