HousingHandbookReference data

U.S. ZIP Code · NC27519

Wake County · Raleigh-Cary, NC

Typical home value

$708,502[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.3%
5-year / yr
+7.9%
10-year / yr
+5.9%

Relative price

vs U.S.
+149.4%
vs metro
+70.0%
vs state
+148.9%
ZIP 27519 location in NC
Location of ZIP 27519 in NC

Price history

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

The typical home in 27519 is worth $708,502 — 70.0% above the Raleigh-Cary, NC median. Over the past year, values have fallen 2.3%. Homes here rent for a typical $1,962 a month — a 3.3% 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
$1,962[2]
Gross yield
3.3%[2]
Cap rate
2.0%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$4,867[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
69,836[3]
Median household income
$165,586[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
14
Elementary
8
Middle
3
High
3
  • Panther Creek High

    High · Grades 9–12 · Wake County Schools

    2,561 students

  • Green Level High

    High · Grades 9–12 · Wake County Schools

    2,149 students

  • Green Hope High

    High · Grades 9–12 · Wake County Schools

    2,126 students

  • Mills Park Middle

    Middle · Grades 6–8 · Wake County Schools

    1,628 students

  • Alston Ridge Middle

    Middle · Grades 6–8 · Wake County Schools

    1,532 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.

Gross yield3.3%
Net yield (after ~40% expenses)2.0%
Annual rent$23,545

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.

Monthly payment$3,583
Loan principal$566,802
Down payment$141,700
Total interest paid$722,924

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.

Own : rent ratio2.33
Monthly cost to own$4,580
Monthly rent$1,962

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
98th percentile[1]
Rental yield
22nd percentile[2]
Property tax
52nd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 27519?
The typical home in 27519 is worth $708,502, based on the Zillow Home Value Index.
Are home values rising in 27519?
Home values in 27519 are down 2.3% over the past year, and up 7.9% a year over five years.
What is the typical rent in 27519?
A typical home in 27519 rents for about $1,962 a month, a gross rental yield of 3.3%.
What is the property tax rate in 27519?
The effective property tax rate in 27519 is 0.7% — roughly $4,867 a year on a typical home.
Who lives in 27519?
ZIP code 27519 has a population of 69,836 and a median household income of $165,586.

#Comparable ZIPs

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

  • Raleigh, NC

    Typical home
    $716,282
    Gross yield
    2.6%
  • Raleigh, NC

    Typical home
    $686,791
    Gross yield
    2.8%
  • Cary, NC

    Typical home
    $741,854
    Gross yield
    2.4%
  • Apex, NC

    Typical home
    $609,077
    Gross yield
    3.7%
  • Raleigh, NC

    Typical home
    $597,200
    Gross yield
    2.8%
  • Holly Springs, NC

    Typical home
    $584,429
    Gross yield
    3.8%

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