Cameron Village, Raleigh, NC—27605
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cameron Village, Raleigh, NC
As of Oct '25, the median home price in Cameron Village, Raleigh, NC is $417,000, with a year-over-year change of -3.9%. This indicates that home prices in Cameron Village, Raleigh, NC are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $417,000 | -3.9% |
| Single Family | $819,000 | -1.6% |
| Condos | $337,000 | -4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $261,000 | -3.7% |
2 Bed | $356,000 | -6.6% |
3 Bed | $854,000 | -2.7% |
4 Bed | $1,160,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cameron Village, Raleigh, NC
As of July '25, Rentcast reports the average rent in Cameron Village, Raleigh, NC is $1,800, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Cameron Village, Raleigh, NC is studios: $1,380, 1-bedrooms: $1,620, 2-bedrooms: $2,080, 3-bedrooms: $2,720, 4-bedrooms: $4,620. The most common rental property sizes in Cameron Village, Raleigh, NC are 2-bedroom and 1-bedroom, accounting for 36.1% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,720 | $1,800 |
| Studio Rent | $1,340 | $1,380 |
| 1 Bed Rent | $1,600 | $1,620 |
| 2 Bed Rent | $2,110 | $2,080 |
| 3 Bed Rent | $2,640 | $2,720 |
| 4 Bed Rent | $3,250 | $4,620 |
% of Rental Stock
Property Listings — Cameron Village, Raleigh, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Cameron Village, Raleigh, NC is 98. This is a increase of 51.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $458,000 | -24.0% |
Listing Count | 48 | 11.0% |
| Listings as % of Homes | 1.2% | 11.0% |
Days on Market | 98 | 51.0% |
Demographics — Cameron Village, Raleigh, NC
As of the latest ACS Survey released in 2023, Cameron Village, Raleigh, NC has a population of 6,120, which has increased by 11.5% over the past 5 years. Cameron Village, Raleigh, NC is a less popular place for families, as children make up 4.3% of the population. The area has a highly educated workforce, with 73.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 36.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,120 | 11.5% |
% Under 18 | 4.3% | -57.4% |
% Seniors | 14.7% | -8.7% |
% WFH | 36.2% | 558.2% |
% w/ College Degree | 73.2% | 0.1% |
As of the latest ACS Survey released in 2023, Cameron Village, Raleigh, NC is a predominantly white area, with 77.8% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Cameron Village, Raleigh, NC is black, making up 7.9% of the population. Foreign-born residents account for 8.5% of the population in Cameron Village, Raleigh, NC, and this percentage has increased by 46.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.8% | -7.3% |
% Black | 7.9% | -12.2% |
% Hispanic | 6.2% | 63.2% |
% Asian | 3.0% | 30.4% |
% Foreign Born | 8.5% | 46.6% |
Mortgage and Risk — Cameron Village, Raleigh, NC
According to HUD data as of 2023, there were 95 mortgage originations in Cameron Village, Raleigh, NC, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Cameron Village, Raleigh, NC. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Cameron Village, Raleigh, NC
As of 2024, the percent of homes in Cameron Village, Raleigh, NC under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Cameron Village, Raleigh, NC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 103 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,600 | $1,790 |
| 2 Bedroom | -$130 | $2,110 | $1,980 |
| 3 Bedroom | -$180 | $2,640 | $2,460 |
| 4 Bedroom | $70 | $3,250 | $3,320 |
Affordability — Cameron Village, Raleigh, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.1 |
| Median Home Price | $417,000 |
| Median Household Income | $63,300 |