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Raleigh city, NC

ZIP 27612 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27612

Median Home Value
$481,500
Median Rent
$1,395
Affordability Snapshot
$133,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,093/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

28.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27612 in Raleigh city, NC, a household would need roughly $133,000 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 $3,093. That is about 39% above the local median household income ($95,565), 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.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
53.8%-18% vs US avg
x
Vacancy Rate
9.5%-7% vs US avg
x
Broadband Access
95.4%+10% vs US avg
x
4+ Bedrooms
6.1%-59% vs US avg
x
Built Pre-1939
0.1%-100% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
17.5%-65% vs US avg
x
Mortgage-Free
32.2%-16% vs US avg
x
$481,500
Home Value
$1,395
Rent
1992
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached38.7%
  • 1-unit attached16.7%
  • 2-9 units10.5%
  • 10+ units33.3%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$481,500
Median rent$1,395
Owner-occupied53.8%
Vacant9.5%
Price-to-income5.0x
Est. income to buy$133,000