The story of this market
The typical home in ZIP 27617 sells for about $450,910, or $235 per square foot.
Prices are down 3.66% from a year ago, which gives buyers more room to negotiate. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,736 a month.
ZIP 27617 — Raleigh
The 27617 housing market is currently experiencing a slight price correction with a year-over-year decline of 3.66%. Inventory remains moderate with 103 active listings, and the market is characterized by a balanced pace of sales. Several data points, including specific tax history and detailed development pipelines, were not determinable at the ZIP level.
Median prices moved down 3.7% year over year.
Homes spend a median of 56 days on market with 3.2 months of supply — a fast-moving market.
29% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 5.7% — a stable, low-distress profile.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 27617, North Carolina
Data retrieved from data.census.gov ZCTA 27617 profile tables.
- Frankie's of Raleigh4.42.6 mi
- Fantasy Lake Adventure Park4.718.3 mi
- Dave & Buster's Cary49 mi
- Happy Feet Planet Apex4.714.1 mi
- Urban Air Trampoline and Adventure Park4.15.5 mi
- Lenovo Center4.57 mi
- North Carolina Museum of Art4.87 mi
- North Carolina State Fair4.47.6 mi
- Atlantic Union Bank Convention Center4.610.8 mi
- Topgolf3.84.8 mi
- North Carolina Museum of Natural Sciences4.810.4 mi
- North Carolina Museum of Art4.87 mi
- Downtown Cary Park4.88.3 mi
- Sarah P. Duke Gardens4.912.1 mi
- Dix Park4.710.7 mi
- North Carolina Museum of Natural Sciences4.810.4 mi
- North Carolina Museum of Art4.87 mi
- Museum of Life and Science4.712 mi
- Marbles Kids Museum4.810.8 mi
- Duke University Chapel4.912.5 mi
- North Carolina Museum of Art4.87 mi
- Downtown Cary Park4.88.3 mi
- Sarah P. Duke Gardens4.912.1 mi
- Dix Park4.710.7 mi
- Pullen Park4.79.9 mi
- Crosswinds Boating Center4.518 mi
- Rollingview Marina Inc4.37.7 mi
- Topgolf3.84.8 mi
- Drive Shack4.77 mi
- Prestonwood Country Club4.78.7 mi
- Pin Point Indoor Pickleball & Golf4.612.1 mi
- Lonnie Poole Golf Course4.510.7 mi
- Crabtree4.45.9 mi
- H Mart Cary4.69.4 mi
- The Streets at Southpoint4.510.5 mi
- Triangle Town Center4.210.2 mi
- State Farmers Market4.710.9 mi
- Raleigh-Durham International Airport4.42.4 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: median price diverges 12.2% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $396,000 (-12.2% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.