Raleigh, North Carolina — ZIP 27616
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
63/ 95
Neutral Market
Typical Home Value
$348K
-3.3% year over year
12-Month Forecast
-4.1%
to $334K
Gross Rental Yield
5.7%
Annual rent divided by home value
Typical home value
Sep 2023 – Sep 2026 · Zillow ZHVI · hover or use arrow keys
$348,330$380,983
How reliable is this forecast?
Backtested against this ZIP's own history, the model was off by an average of 1.84%. It also beat a seasonal-naive baseline here.
Who lives here
- Population
- 57,599
- Median household income
- $77,566
- Unemployment
- 7.5%
- Owner-occupied
- 58%
Source: U.S. Census Bureau, ACS 5-year estimates.
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Not financial advice. For informational purposes only.