Raleigh, NC 27612 - Real Estate Investment Insights & Performance Data

Welcome to our 27612 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 27612 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.

• Location Overview

  • Zip Code: 27612
  • City: Raleigh
  • State: NC
  • Metro Area: Raleigh-Cary, NC
  • County Name: WAKE COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $519,352
  • Average Home Price (Single Family Homes): $529,460
  • Average Monthly Rental Price (All Types): $1,508
  • Price-to-Rent Ratio: 29
  • Zillow Projected % appreciation from 4/2023-4/2024: 1.8%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,590
  • Average 3 Bedroom Section 8 Rental Rates: $1,950
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 27.22
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 22.19
  • 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%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 276.69
  • Total % Appreciation since 2000 (Government Data): 149.64
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.13%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.29%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.32%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 48.3%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 99.83%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 83.81%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 131.66%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.46%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.31%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 26.82%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 37.47%