Raleigh, North Carolina — ZIP 27604
Wake County, Raleigh-Cary, NC. Home values and rents from Zillow research data, demographics from the Census ACS, and a 12-month appreciation forecast from our own model.
Heat Score
68/ 95
Neutral Market
Typical Home Value
$338K
-2.8% year over year
12-Month Forecast
-4.2%
to $323K
Gross Rental Yield
5.7%
Annual rent divided by home value
Typical home value
Aug 2023 – Aug 2026 · Zillow ZHVI · hover or use arrow keys
$337,619$363,842
How reliable is this forecast?
Backtested against this ZIP's own history, the model was off by an average of 2.36%. It also beat a seasonal-naive baseline here.
Who lives here
- Population
- 43,924
- Median household income
- $73,698
- Unemployment
- 3.6%
- Owner-occupied
- 56%
Source: U.S. Census Bureau, ACS 5-year estimates.
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Not financial advice. For informational purposes only.