27608 — Raleigh, NC Home Values
Typical home value $1,053,445 as of June 2026 · 1st of 47 in Raleigh-Cary, NC
Blue: typical home value (Zillow ZHVI) in ZIP code 27608, June 2021 to June 2026. This page shows observed data only; no forecast.
How 27608 compares in the Raleigh-Cary, NC area
ZIP code 27608 (Raleigh, NC) has a typical home value of $1,053,445 as of June 2026, ranking 1st of 47 ZIP codes tracked in the Raleigh-Cary, NC area, the most expensive ZIP code in the metro. Prices here have moved +1.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +37.1%, from $768,287 in June 2021 to $1,053,445 in June 2026. Against observed rent, the typical home here sells for 40.6× the annual rent ($2,164/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Raleigh-Cary, NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Raleigh.
Population and demographics
ZIP code 27608 has a population of 12,522, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 91.3% White, 4.5% Hispanic or Latino, 2.4% two or more races, 1.5% Black or African American, and 0.3% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Oberlin Middle | 2816 Oberlin Rd, Raleigh, NC | 0.6 mi |
| Underwood Elementary | 1614 Glenwood Avenue, Raleigh, NC | 0.6 mi |
| Joyner Elementary | 2300 Lowden St., Raleigh, NC | 0.9 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 27608?
$1,053,445 as of June 2026, the latest month Zillow has published observed data for.
Is 27608 an expensive ZIP code in the Raleigh-Cary, NC area?
27608 ranks 1st of 47 ZIP codes in the Raleigh-Cary, NC area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 27608 changed over the past year?
+1.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 27608?
The typical home price is 40.6× the observed annual rent in this ZIP code ($2,164/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 27608?
12,522, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 27608?
Oberlin Middle (0.6 mi), Underwood Elementary (0.6 mi), Joyner Elementary (0.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 27608?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Raleigh-Cary, NC forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.