Brier Creek, Raleigh, NC—27617
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brier Creek, Raleigh, NC
As of Oct '25, the median home price in Brier Creek, Raleigh, NC is $445,000, with a year-over-year change of -3.3%. This indicates that home prices in Brier Creek, Raleigh, NC are decreasing. According to Zillow, the 1-year price projection is 0.4%, 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 | -3.3% |
| Single Family | $463,000 | -2.9% |
| Condos | $314,000 | -5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $308,000 | -6.1% |
3 Bed | $420,000 | -4.1% |
4 Bed | $542,000 | -2.2% |
| 5 Bed | $986,000 | -2.4% |
% of Housing Stock
Rental Trends — Brier Creek, Raleigh, NC
As of July '25, Rentcast reports the average rent in Brier Creek, Raleigh, NC is $1,600, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Brier Creek, Raleigh, NC is studios: $1,220, 1-bedrooms: $1,360, 2-bedrooms: $1,620, 3-bedrooms: $2,030, 4-bedrooms: $2,830. The most common rental property sizes in Brier Creek, Raleigh, NC are 2-bedroom and 1-bedroom, accounting for 42.1% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,530 | $1,600 |
| Studio Rent | $1,200 | $1,220 |
| 1 Bed Rent | $1,350 | $1,360 |
| 2 Bed Rent | $1,620 | $1,620 |
| 3 Bed Rent | $1,950 | $2,030 |
| 4 Bed Rent | $2,400 | $2,830 |
% of Rental Stock
Property Listings — Brier Creek, Raleigh, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Brier Creek, Raleigh, NC is 58. This is a increase of 37.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $429,000 | -8.0% |
Listing Count | 110 | 22.0% |
| Listings as % of Homes | 0.3% | 22.0% |
Days on Market | 58 | 37.0% |
Demographics — Brier Creek, Raleigh, NC
As of the latest ACS Survey released in 2023, Brier Creek, Raleigh, NC has a population of 20,000, which has increased by 6.1% over the past 5 years. Brier Creek, Raleigh, NC is a moderately popular place for families, as children make up 17.8% of the population. The area has a highly educated workforce, with 63.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,000 | 6.1% |
% Under 18 | 17.8% | -8.2% |
% Seniors | 9.3% | 19.2% |
% WFH | 28.1% | 234.5% |
% w/ College Degree | 63.5% | -5.8% |
As of the latest ACS Survey released in 2023, Brier Creek, Raleigh, NC is a predominantly white area, with 59.8% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Brier Creek, Raleigh, NC is black, making up 20.4% of the population. Foreign-born residents account for 13.3% of the population in Brier Creek, Raleigh, NC, and this percentage has decreased by 6.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 59.8% | -10.1% |
% Black | 20.4% | 12.7% |
% Hispanic | 6.0% | 20.0% |
% Asian | 10.1% | 40.3% |
% Foreign Born | 13.3% | -6.3% |
Mortgage and Risk — Brier Creek, Raleigh, NC
According to HUD data as of 2023, there were 346 mortgage originations in Brier Creek, Raleigh, NC, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Brier Creek, Raleigh, NC. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 346 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Brier Creek, Raleigh, NC
As of 2024, the percent of homes in Brier Creek, Raleigh, NC under the Section 8 program is 0.7%. 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. In Brier Creek, Raleigh, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 58 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $500 | $1,350 | $1,850 |
| 2 Bedroom | $430 | $1,620 | $2,050 |
| 3 Bedroom | $600 | $1,950 | $2,550 |
| 4 Bedroom | $1,030 | $2,400 | $3,430 |
Affordability — Brier Creek, Raleigh, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $445,000 |
| Median Household Income | $110,000 |