Market Intelligence · NC / Raleigh

Raleigh, NC 27615 Housing Market

In Raleigh, NC 27615, the typical home value is $540,327, up 0.2% over the past year. The median list price is $529,000, and homes are taking a median of 63 days on market.

Updated August 2026Median value$540K

The median home value in Raleigh, NC 27615 is $540K as of August 2026, up 0.2% 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 27615 range

$497K to $584K

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

+0.2% over 12 months

Typical home value in 27615 over the last 12 months: $539K in Aug 2025 to $540K in Aug 2026 (+0.2%).

Aug 2025$539K

Aug 2026$540K

The numbers

What is the 27615 housing market like?

Typical home value

$540K

Up0.2%YoY

Median list price

$529K

Down2.6%MoM

Days on market

63

Up5.0%MoM

Homes for sale

138

Down3.5%MoM

Price cuts

27.6%

Up9.2%MoM

New listings

60

Up20.0%MoM

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

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The comparison

How do 27615 home prices compare?

  • 27615$540,327
  • 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 27615 has 138 homes for sale, with 60 new listings. The median list price is $529,000, while the typical home value is $540,327 and is up 0.2% over the past year. A median of 63 days on market points to a slower pace than a rapid seller's market. The share of listings with a price cut is 27.6%, so buyers have some room to negotiate. For a seller, pricing and condition matter more than momentum.

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20% · $108,065

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