The story of this market
The typical home in ZIP 27545 sells for about $400,000, or $185 per square foot.
Prices are down 11.1% from a year ago, which gives buyers more room to negotiate. Homes take about 100 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,652 a month.
ZIP 27545 — Knightdale
The 27545 housing market is currently experiencing a cooling phase with a median sale price of $400,000, reflecting a year-over-year decline of 11.1%. While demand remains present, the increase in days on market and a balanced supply of inventory suggest a shift toward a more buyer-friendly environment compared to previous years.
This ZIP is ideal for families and commuters seeking a balance between suburban affordability and proximity to Raleigh's job market, with a strong inventory of newer single-family homes.
Median prices moved down 11.1% year over year.
Homes spend a median of 100 days on market with 8.3 months of supply — a slower-moving market.
38% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 10.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 27545, Wake County NC
Crime trends in the area are generally consistent with regional averages for suburban Wake County, with local law enforcement maintaining active community engagement programs.
Schools serving the area are part of the Wake County Public School System, which is widely recognized for its diverse academic programs and high-performing magnet options.
The area is primarily inland and faces standard regional risks, including occasional heavy rainfall and summer storm activity; flood insurance is recommended for properties near local creek basins.
Knightdale continues to experience significant residential and commercial development, benefiting from its proximity to the Research Triangle Park and major highway infrastructure expansions.
Property taxes are levied by Wake County and the Town of Knightdale, with additional special district assessments for fire protection and municipal services.
Residents benefit from direct access to I-540 and US-64, providing a relatively efficient commute to downtown Raleigh and the broader Research Triangle employment hubs.
The area features extensive greenway systems, including the Knightdale Station Park, which offers trails, playgrounds, and community event spaces.
The rental market is currently experiencing a slight cooling trend with a minor year-over-year decrease in asking rents, reflecting a balanced supply of new apartment inventory.
The local economy is anchored by the broader Research Triangle region, with significant employment in technology, education, and healthcare sectors.
The area is served by major highway corridors including US-64 and I-540, facilitating regional connectivity.
Ongoing development includes several new residential subdivisions and commercial retail centers along the US-64 corridor.
Wake County utilizes a centralized appraisal system with periodic revaluations to ensure property assessments align with market values.
Parcels are subject to Wake County property taxes, Town of Knightdale municipal taxes, and various fire and utility district levies.
Property insurance premiums are influenced by regional weather patterns, with standard coverage typically available for homeowners.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major community hub featuring trails, playgrounds, and an amphitheater.
Features walking trails and educational signage regarding local ecosystems.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).