How much is a home worth in ZIP code 27511?

The typical home in 27511 is worth $502,410, based on the Zillow Home Value Index.

Are home values rising in 27511?

Home values in 27511 are down 2.3% over the past year, and up 6.2% a year over five years.

What is the typical rent in 27511?

A typical home in 27511 rents for about $1,556 a month, a gross rental yield of 3.7%.

What is the property tax rate in 27511?

The effective property tax rate in 27511 is 0.7% — roughly $3,584 a year on a typical home.

ZIP code 27511 has a population of 33,221 and a median household income of $107,860.

HousingHandbookReference data

…

U.S. ZIP Code · NC27511

Wake County · Raleigh-Cary, NC

Typical home value

$502,410^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.3%
5-year / yr: +6.2%
10-year / yr: +6.9%

Relative price

vs U.S.: +76.9%
vs metro: +20.5%
vs state: +76.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 27511 is worth $502,410 — 20.5% above the Raleigh-Cary, NC median. Over the past year, values have fallen 2.3%. Homes here rent for a typical $1,556 a month — a 3.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,556^[2]
Gross yield: 3.7%^[2]
Cap rate: 2.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $3,584^[3]

#Climate risk

FEMA National Risk Index ratings for Wake County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Relatively Moderate
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 33,221^[3]
Median household income: $107,860^[3]

#Migration

Household moves in and out of Wake County over a year, from IRS tax-return data.

Net migration: +3,843^[5]
Moved in: 39,828
Moved out: 35,985

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 4
Middle: 1
High: 1

Cary High
High · Grades 9–12 · Wake County Schools
2,136 students
Triangle Math and Science Academy
Other · Grades K–12 · Triangle Math and Science Academy
1,341 students
Farmington Woods Elementary
Elementary · Grades PK–5 · Wake County Schools
652 students
East Cary Middle
Middle · Grades 6–8 · Wake County Schools
623 students
Adams Elementary
Elementary · Grades PK–5 · Wake County Schools
616 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.7%

Net yield (after ~40% expenses)2.2%

Annual rent$18,668

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,540

Loan principal$401,928

Down payment$100,482

Total interest paid$512,637

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.09

Monthly cost to own$3,256

Monthly rent$1,556

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 55th percentile^[1]
Rental yield: 28th percentile^[2]
Property tax: 67th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for fastest-growing in NCView list →

Frequently asked

How much is a home worth in ZIP code 27511?: The typical home in 27511 is worth $502,410, based on the Zillow Home Value Index.
Are home values rising in 27511?: Home values in 27511 are down 2.3% over the past year, and up 6.2% a year over five years.
What is the typical rent in 27511?: A typical home in 27511 rents for about $1,556 a month, a gross rental yield of 3.7%.
What is the property tax rate in 27511?: The effective property tax rate in 27511 is 0.7% — roughly $3,584 a year on a typical home.
Who lives in 27511?: ZIP code 27511 has a population of 33,221 and a median household income of $107,860.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

27571 vs 27511 →
Rolesville, NC
Typical home
$505,395
Gross yield
4.6%
27560 vs 27511 →
Morrisville, NC
Typical home
$505,518
Gross yield
4.0%
27601
Raleigh, NC
Typical home
$508,401
Gross yield
4.0%
27587
Wake Forest, NC
Typical home
$515,569
Gross yield
4.2%
27615
Raleigh, NC
Typical home
$548,507
Gross yield
3.3%
27609
Raleigh, NC
Typical home
$559,144
Gross yield
3.4%

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Pit ZIP 27511 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC27511

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