Southwest Raleigh, Raleigh, NC—27606
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$445,000
2.0% YoY Growth
Household Income
$75,600
45.6% YoY Growth
Days on Market
50
21.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$1,500
6.5% YoY Growth
1-Bed Rent
$1,340
1.5% YoY Growth
2-Bed Rent
$1,510
4.8% YoY Growth
3-Bed Rent
$1,900
1.0% YoY Growth
Home Price Trends — Southwest Raleigh, Raleigh, NC
As of May '26, the median home price in Southwest Raleigh, Raleigh, NC is $445,000, with a year-over-year change of -2.0%. This indicates that home prices in Southwest Raleigh, Raleigh, NC are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $445,000 | -2.0% |
| Single Family | $494,000 | -1.6% |
| Condos | $214,000 | -7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |