The story of this market
The typical home in ZIP 27606 sells for about $490,000, or $223 per square foot.
Prices are up +8.4% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,432 a month.
ZIP 27606 — Raleigh
The 27606 housing market is currently very competitive with a median sale price of $490,000, reflecting an 8.4% year-over-year increase. While some sources indicate a balanced market, the high demand from a younger demographic continues to drive activity.
This ZIP code is well-suited for young adults and single professionals due to its significantly younger median age and high density of single-adult households.
Median prices moved up 8.4% year over year.
Homes spend a median of 38 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 18.8% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 27606, Wake County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The rental market shows a median rent of $1,432/month with a gross rental yield of 4.16%, indicating a competitive environment between long-term and short-term rental options.
Data sourced from ZIP-codes.com and UnitedStatesZipCodes.org
- Frankie's of Raleigh4.413.1 mi
- Fantasy Lake Adventure Park4.719.9 mi
- Dave & Buster's Cary43.4 mi
- Happy Feet Planet Apex4.77.9 mi
- Urban Air Trampoline and Adventure Park4.19 mi
- Lenovo Center4.54.3 mi
- North Carolina Museum of Art4.84.7 mi
- North Carolina State Fair4.43.8 mi
- Atlantic Union Bank Convention Center4.64.6 mi
- Coastal Credit Union Music Park at Walnut Creek4.47.6 mi
- North Carolina Museum of Natural Sciences4.85 mi
- North Carolina Museum of Art4.84.7 mi
- Downtown Cary Park4.84.8 mi
- Dix Park4.73.9 mi
- Pullen Park4.73.8 mi
- North Carolina Museum of Natural Sciences4.85 mi
- North Carolina Museum of Art4.84.7 mi
- Marbles Kids Museum4.85 mi
- Historic Yates Mill County Park4.72.1 mi
- North Carolina State Capitol4.65 mi
- North Carolina Museum of Art4.84.7 mi
- Downtown Cary Park4.84.8 mi
- Dix Park4.73.9 mi
- Pullen Park4.73.8 mi
- Pleasant Park4.79.8 mi
- Crosswinds Boating Center4.516.5 mi
- Rollingview Marina Inc4.318.3 mi
- Topgolf3.811.7 mi
- Drive Shack4.74.4 mi
- Knights Play Golf Center4.35.9 mi
- Prestonwood Country Club4.77.8 mi
- Pin Point Indoor Pickleball & Golf4.64.2 mi
- Crabtree4.47.1 mi
- H Mart Cary4.68.3 mi
- Triangle Town Center4.211.6 mi
- State Farmers Market4.73.2 mi
- Fenton4.63.6 mi
- Raleigh-Durham International Airport4.410.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.