27616 Real Estate Market Overview

Could Raleigh, NC 27616 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 27616. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 27616 such as Cary a...nd Durham. When you’re ready, Trulia has 120 resale and new homes in 27616 lined up for you, including 8 open houses, and 62 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$193,000

Median Sales Price

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$107

Price Per Sqft

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$1,300

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 27616 show a 9% year-over-year rise in median sales price and a 4% rise in median rent per month.

Median Sales Price
The median sales price for homes in 27616 for Apr 28 to Jul 27 was $193,000 based on 90 home sales.
Price Per Square Ft.
Average price per square foot for 27616 was $107, an increase of 9% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 27616 for Jun 28 to Jul 28 was $1,300.

Crime

Most frequent crimes in the past year

27616 has very low crime relative to the rest of Wake County.

Knowing more about crime activity in 27616 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1,168

Counts of Theft

484

Counts of Assault

428

Counts of Burglary


Best Schools in 27616

There are 6 schools in 27616.

Elementary Schools
9

Casa Esperanza Montessori Charter School

Public, PK - 6

7

Wildwood Forest Elementary School

Public, PK - 5

7

Harris Creek Elementary School

Public, PK - 5

Middle Schools
4

East Millbrook Middle School

Public, 6 - 8

High Schools

There are no high schools in 27616.


Demographics

Get to know your neighbors in 27616 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
31%
Single residents
Home owners
82%
Home owners
Median age
32
Median age
Household income
$54,231
Median household income
College educated
43%
College educated

Commute

Most people in 27616 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
100% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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