Welcome to our 27610 real estate data hub, tailored for investors in Raleigh, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 27610 in Raleigh, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WAKE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Raleigh, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Raleigh property market.
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Location Overview
- Zip Code: 27610
- City: Raleigh
- State: NC
- Metro Area: Raleigh-Cary, NC
- County Name: WAKE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $311,287
- Average Home Price (Single Family Homes): $311,824
- Average Monthly Rental Price (All Types): $1,824
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: 1.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,270
- Average 3 Bedroom Section 8 Rental Rates: $1,560
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.43
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.63
- Number of Units Offered in Section 8 in the County: 2423
- Number of Occupied Units in Section 8 in the County: 2301
- Percentage of Section 8 Units Occupied in the County: 95%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 292.04
- Total % Appreciation since 2000 (Government Data): 178.52
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.46%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.82%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.67%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 75.2%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 166.13%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 111.83%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 136.32%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -2.35%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.84%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 33.93%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 48.49%