Fastest-Appreciating ZIP Codes in Raleigh-Cary, NC (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 27518 Cary, NC $745,687 $1,577 1.65% 7.7%
2 28366 Newton Grove, NC $164,859 $1,215 5.75% 7.1%
3 27519 Cary, NC $705,316 $2,028 2.24% 6.9%
4 27523 Apex, NC $741,591 $2,010 2.11% 6.8%
5 27608 Raleigh, NC $1,047,537 $2,088 1.55% 6.7%
6 27542 Kenly, NC $267,155 $1,215 3.55% 6.3%
7 27614 Raleigh, NC $689,138 $1,538 1.74% 6.3%
8 27513 Cary, NC $566,651 $1,620 2.23% 6.1%
9 27508 Bunn, NC $251,419 $1,215 3.77% 5.9%
10 27539 Apex, NC $610,273 $1,779 2.27% 5.9%
11 27607 Raleigh, NC $721,885 $1,592 1.72% 5.9%
12 27511 Cary, NC $505,184 $1,655 2.56% 5.9%
13 27524 Four Oaks, NC $310,548 $1,820 4.57% 5.8%
14 27569 Princeton, NC $281,452 $1,215 3.37% 5.8%
15 27562 New Hill, NC $687,994 $2,559 2.90% 5.8%
16 27549 Louisburg, NC $309,753 $1,423 3.58% 5.7%
17 27613 Raleigh, NC $599,443 $1,395 1.81% 5.7%
18 27502 Apex, NC $572,245 $2,135 2.91% 5.6%
19 27612 Raleigh, NC $579,851 $1,461 1.97% 5.5%
20 27540 Holly Springs, NC $583,241 $1,827 2.44% 5.5%
21 27609 Raleigh, NC $563,051 $1,463 2.03% 5.5%
22 27615 Raleigh, NC $549,542 $1,499 2.13% 5.5%
23 27504 Benson, NC $322,833 $1,608 3.89% 5.5%
24 27576 Selma, NC $274,260 $1,561 4.44% 5.4%
25 27525 Franklinton, NC $356,889 $1,530 3.34% 5.4%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →