Market Intelligence · NC / Raleigh

Raleigh, NC 27615 Housing Market

The typical home in Raleigh 27615 is worth $533,263, unchanged over the past year. The median list price stands at $503,475, with homes taking a median 63 days to sell as of September 2026.

Updated September 2026Median value$533K

The median home value in Raleigh, NC 27615 is $533K as of September 2026, little changed year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 27615 range

$491K to $576K

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

+0.0% over 12 months

Sep 2025$533K

Low $533KHigh $537K

Sep 2026$533K

The numbers

What is the 27615 housing market like?

As of September 2026

Typical home value

$533K

0.0%YoY

Median list price

$503K

4.8%MoM

Days on market

0.0%MoM

Homes for sale

144

4.3%MoM

Price cuts

28.9%

4.6%MoM

New listings

6.7%MoM

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

The outlook

27615 housing market forecast 2027

-0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 27615 to fall 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 27615 held essentially flat, per the Zillow Home Value Index.

Will home prices drop in 27615?

Zillow's forecast says they may: it expects typical home values in 27615 to fall 0.6% by September 2027, after a flat past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 27615 home prices compare?

27615$533,263
Raleigh$493,622
North Carolina$284,347
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Raleigh: 15 ZIPs; North Carolina: 718 ZIPs; United States: 26,262 ZIPs).

Context

There are 144 homes for sale in the 27615 ZIP as of September 2026, with 64 new listings added recently. The median time on market is 63 days, suggesting a steady pace of sales activity. Nearly 29% of listings have seen price reductions, which reflects how sellers are adjusting to market conditions. With the typical home value holding flat year-over-year, this ZIP is neither appreciating nor declining sharply. For sellers, the flat value trend combined with moderate inventory and frequent price cuts suggests you should price competitively from the start.

Monthly payment

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Home price

Down payment20% · $106,653

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Common questions

What people ask us.

What is the typical home value in Raleigh 27615?

The typical home value is $533,263 as of September 2026, up 0.0% over the past year.

How long do homes take to sell in this ZIP?

The median days on market is 63 as of September 2026.

How many homes are currently for sale?

There are 144 homes for sale in the 27615 ZIP as of September 2026.

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Nearby ZIP markets.

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