27606 Home Values & Market Trends
There are 57 homes currently listed for 27606. 27606 real estate market trends show that home prices range from $100,000 to $6,000,000, and the median sales price in the 27606 zip code is $406,852.97. The total number of properties sold within the past twelve months is 479. In 27606, 4 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
27606 Real Estate Market Overview
City | Median Est. Value |
---|---|
Raleigh | $ 427,649 $ 225/sqft |
Housing Market Summary for 27606
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $470K | $357K | -24.05% |
Median Sold Price | $383.3K | $357K | -6.86% |
Homes For Sale | 37 | 44 | 18.92% |
Homes Sold | 231 | 202 | -12.55% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 27606
Browse Homes in 27606
The median list price of a home in Raleigh, is $406,852.97. A total of 57 properties are for sale, and the percentage of properties for sale in the zip code is 57.00%. The total count of 27606 properties is 10,957.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in 27606 with raleigh containing 81 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 27606; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,350,000 in raleigh to the lowest home value of $147,222 in raleigh.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 27606 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 27606. There is 1 cities within 27606; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsraleigh has 27 auction properties, the highest number of properties going to auction in a single city in the state of 27606. Auction homes and other auction properties account for 0.02% of all properties in 27606. There is 1 cities within 27606; of that cities, the median estimated home value for homes going to auction ranges from $869,476 in raleigh to the lowest value of $144,443 in raleigh.
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More Real Estate Resources for 27606
Guide for 27606
North Carolina Foreclosure Laws
Raleigh’s real estate market in 2023 displays robust growth with increased average property values and sold prices. However, contrasting trends in neighboring cities such as Zebulon, Youngsville, Wilson, and Yanceyville underline the need for thorough market understanding for real estate investments.
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