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Area data

Raleigh, NC — ZIP 27606

Population: 45,444 (Census ACS)

The median home value in ZIP 27606 (Raleigh, NC) is $437,368 — down 1.4% over the past year. Homes sell for a median $471,500 after a median 35 days on market. Typical rent runs $1,466/month. 11 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with hail, heatwave, icestorm the top-rated hazards. Cost of living is 5.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$437,368

Median home value

-1.4%

1-year change

35

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$437,368
1-year appreciation
-1.4%
3-year appreciation
-1.5%
5-year appreciation
+16.6%
10-year appreciation
+74.9%
All-time peak (2024-06)
$455,762
House Price Index (state)
445.4 (+0.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$471,500
Median list price
$404,990
Median price per sqft
$247
1-year sale-price change
-1.7%
Median days on market
35 days
Homes sold (recent period)
124
For-sale inventory
140
Sale-to-list ratio
98.0%
Active listings
143
1-year forecast
-0.1%
Days to pending
51 days
New listings (monthly)
45

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,466/mo
1-year rent change
+1.1%
Studio fair-market rent
$1,489/mo
1BR fair-market rent
$1,552/mo
2BR fair-market rent
$1,689/mo
3BR fair-market rent
$2,103/mo
4BR fair-market rent
$2,823/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
94.3 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
11
Elementary schools
5
Middle schools
3
High schools
2
Avg student-teacher ratio
13.7 : 1
School districts serving the area
Governor Morehead School for the Blind, Wake County Schools
Schools include
Governor Morehead School for the Blind, Oak Grove Elementary, Athens Drive High, Combs Elementary, Swift Creek Elementary

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
hail, heatWave, iceStorm, inlandFlooding, lightning
Notable hazard ratings (county)
hail: Relatively High · drought: Relatively Low · tornado: Relatively High · coldWave: Relatively Moderate · heatWave: Relatively High · iceStorm: Relatively High
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 26% of US counties
Buildings in wildfire direct-exposure zone
53.9%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
North Carolina State University (Lot 86, Farm Unit #1) (4.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
59.8°F
Average high
71.5°F
Average low
48.0°F
Annual precipitation
50.6 in
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
250
Days with Moderate air quality
115
Highest AQI recorded (year)
76

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
12.7 / 20
Transit service frequency
165
Jobs reachable by car (30 min)
91,994
Jobs reachable by transit (45 min)
58,747

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
25
Nearest airport
Bagwell Airport (8 mi)
Nearest major airport
Raleigh-Durham International Airport (RDU) (10 mi)
Hospitals nearby (~15 mi)
18
Hospitals include
CENTRAL CAROLINA HOSPITAL, DUKE UNIVERSITY HOSPITAL, DURHAM VA MEDICAL CENTER
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+2,663 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,991
Housing built before 1970
12.5%
Housing built 2000 or later
35.3%
Median annual property tax
$3,112
Mean commute to work
16 min
Households with broadband internet
84.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
576,362
Average weekly wage
$1,593
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
13,806

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 27606State medianUS median
Median home value$437,368$285,911$288,527
Median sale price$471,500$330,000$325,000
Median days on market35 days70 days51 days
Typical rent$1,466/mo$1,688/mo$1,809/mo
Median annual property tax$3,112$1,366$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 27606?
$437,368.
What is the median sale price in ZIP 27606?
$471,500.
How long do homes take to sell in ZIP 27606?
Median days on market: 35 days.
What is typical rent in ZIP 27606?
Typical rent: $1,466/month.
What is the natural-hazard risk in ZIP 27606?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: hail, heatWave, iceStorm, inlandFlooding, lightning.
Is ZIP 27606 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 27606?
Risk to homes is higher than 26% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 27606?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 27606?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: North Carolina State University (Lot 86, Farm Unit #1), 4.1 mi.
How many schools serve ZIP 27606?
11 schools (5 elementary, 3 middle, 2 high) (NCES, 2022-23).
Is ZIP 27606 walkable?
Walkability index: 12.7/20 (EPA Smart Location Database).
What is the air quality in ZIP 27606?
Good. Median AQI: 43. (EPA AQI).
What is the cost of living in ZIP 27606?
Regional Price Parity: 94.3 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

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