Median home value is about $911,000 — about 162% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,270 (about 9% above the U.S. median rent ($1,163)), and owner-occupancy near 74.0% (about 8.6 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 27608 in Raleigh, NC, a household would need roughly $251,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,852. That is about 61% above the local median household income ($155,433), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.