Raleigh, NC 27609 Real Estate & Property Data

Raleigh, NC 27609 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 555 residential properties have been sold over the past 12 months in 27609. With a median sales price of $700,750 in 27609 and a total of 2 foreclosures in Raleigh, NC 27609. Discover market trends and get the granular level real estate data for Raleigh, NC 27609 to keep your pulse on the housing market. Curate compelling home reports for Raleigh, NC 27609 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Raleigh, NC 27609 Real Estate Market Trends
Total Residential Properties 10,075
Total Commercial Properties 1,120
Avg. Home Age (Single Family Home) 50 Years
Avg. Square Feet (Single Family Home) 2,429
Total 2024 Residential Sales (year-to-date) 91
% of Homes Seriously Underwater (Q2 2024) 0.85%
Total 2023 Residential Sales 502
% of Equity Rich Homes (Q2 2024) 48.63%
Effective 2023 Property Tax 0.69%
Total Foreclosure Filings (year-to-date) 3
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Raleigh, NC 27609 Real Estate Overview

There were 555 residential properties sold in the past year in Raleigh, NC 27609. The median home value in Raleigh, NC 27609 is $523,274. There are a total of 10,075 residential properties in the 27609.

Median Sales Price i
$700,750
(Feb 2024)
+21.9%
year-over-year
y-o-y
  • February '24 Feb '24 $700,750
  • January '24 Jan '24 $550,000
  • December '23 Dec '23 $755,000
  • November '23 Nov '23 $685,000
  • October '23 Oct '23 $715,000
  • September '23 Sep '23 $545,000
  • August '23 Aug '23 $740,000
  • July '23 Jul '23 $550,000
  • June '23 Jun '23 $701,000
  • May '23 May '23 $585,000
  • April '23 Apr '23 $495,000
  • March '23 Mar '23 $561,500
Median Down Payment i
$107,000
(Feb 2024)
-24.2%
year-over-year
y-o-y
  • February '24 Feb '24 $107,000
  • January '24 Jan '24 $86,700
  • December '23 Dec '23 $178,250
  • November '23 Nov '23 $150,000
  • October '23 Oct '23 $120,420
  • September '23 Sep '23 $34,625
  • August '23 Aug '23 $136,000
  • July '23 Jul '23 $188,250
  • June '23 Jun '23 $140,200
  • May '23 May '23 $111,500
  • April '23 Apr '23 $96,750
  • March '23 Mar '23 $125,000
Number of Homes Sold i
59
(Feb 2024)
+63.9%
year-over-year
y-o-y
  • February '24 Feb '24 59
  • January '24 Jan '24 32
  • December '23 Dec '23 25
  • November '23 Nov '23 38
  • October '23 Oct '23 33
  • September '23 Sep '23 40
  • August '23 Aug '23 53
  • July '23 Jul '23 35
  • June '23 Jun '23 52
  • May '23 May '23 53
  • April '23 Apr '23 45
  • March '23 Mar '23 54
Number of Purchase Loans i
37
(Feb 2024)
+42.3%
year-over-year
y-o-y
  • February '24 Feb '24 37
  • January '24 Jan '24 23
  • December '23 Dec '23 18
  • November '23 Nov '23 31
  • October '23 Oct '23 20
  • September '23 Sep '23 26
  • August '23 Aug '23 42
  • July '23 Jul '23 32
  • June '23 Jun '23 40
  • May '23 May '23 30
  • April '23 Apr '23 37
  • March '23 Mar '23 42
Number of REFI Loans i
6
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 7
  • December '23 Dec '23 8
  • November '23 Nov '23 5
  • October '23 Oct '23 14
  • September '23 Sep '23 17
  • August '23 Aug '23 15
  • July '23 Jul '23 18
  • June '23 Jun '23 17
  • May '23 May '23 17
  • April '23 Apr '23 18
  • March '23 Mar '23 6
Number of HELOC Loans i
31
(Feb 2024)
+29.2%
year-over-year
y-o-y
  • February '24 Feb '24 31
  • January '24 Jan '24 19
  • December '23 Dec '23 9
  • November '23 Nov '23 23
  • October '23 Oct '23 22
  • September '23 Sep '23 21
  • August '23 Aug '23 37
  • July '23 Jul '23 20
  • June '23 Jun '23 27
  • May '23 May '23 28
  • April '23 Apr '23 30
  • March '23 Mar '23 21

Raleigh, NC 27609 Foreclosure Activity

There were a total of 2 Raleigh, NC 27609 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 3
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 4
  • March '23 Mar '23 N/A
Foreclosure Starts i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 4
  • March '23 Mar '23 N/A
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