Property Lense

Raleigh, North Carolina — ZIP 27606

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

55/ 95

Neutral Market

Typical Home Value

$437K

-1.4% year over year

12-Month Forecast

-2.0%

to $429K

Gross Rental Yield

4.0%

Annual rent divided by home value

Typical home value

Aug 2023 – Aug 2026 · Zillow ZHVI · hover or use arrow keys

$437,269$455,762

How reliable is this forecast?

Backtested against this ZIP's own history, the model was off by an average of 1.24%. It also beat a seasonal-naive baseline here.

Who lives here
Population
45,546
Median household income
$71,701
Unemployment
4.0%
Owner-occupied
38%

Source: U.S. Census Bureau, ACS 5-year estimates.

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Not financial advice. For informational purposes only.