HousingHandbookReference data

U.S. ZIP Code · NC27612

Wake County · Raleigh-Cary, NC

Typical home value

$577,519[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.8%
5-year / yr
+6.2%
10-year / yr
+6.2%

Relative price

vs U.S.
+103.3%
vs metro
+38.6%
vs state
+102.9%
ZIP 27612 location in NC
Location of ZIP 27612 in NC

Price history

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

The typical home in 27612 is worth $577,519 — 38.6% above the Raleigh-Cary, NC median. Over the past year, values have risen 0.8%. Homes here rent for a typical $1,448 a month — a 3.0% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent
$1,448[2]
Gross yield
3.0%[2]
Cap rate
1.8%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$4,412[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
41,952[3]
Median household income
$95,988[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
4
Elementary
4
Middle
0
High
0
  • Stough Elementary

    Elementary · Grades PK–5 · Wake County Schools

    540 students

  • Jeffreys Grove Elementary

    Elementary · Grades PK–5 · Wake County Schools

    533 students

  • Lynn Road Elementary

    Elementary · Grades PK–5 · Wake County Schools

    490 students

  • York Elementary

    Elementary · Grades PK–5 · Wake County Schools

    455 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 yield3.0%
Net yield (after ~40% expenses)1.8%
Annual rent$17,379

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$2,920
Loan principal$462,015
Down payment$115,504
Total interest paid$589,275

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 ratio2.60
Monthly cost to own$3,767
Monthly rent$1,448

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
52nd percentile[1]
Rental yield
14th percentile[2]
Property tax
90th percentile[3]

Frequently asked

How much is a home worth in ZIP code 27612?
The typical home in 27612 is worth $577,519, based on the Zillow Home Value Index.
Are home values rising in 27612?
Home values in 27612 are up 0.8% over the past year, and up 6.2% a year over five years.
What is the typical rent in 27612?
A typical home in 27612 rents for about $1,448 a month, a gross rental yield of 3.0%.
What is the property tax rate in 27612?
The effective property tax rate in 27612 is 0.8% — roughly $4,412 a year on a typical home.
Who lives in 27612?
ZIP code 27612 has a population of 41,952 and a median household income of $95,988.

#Comparable ZIPs

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

  • Apex, NC

    Typical home
    $573,595
    Gross yield
    4.4%
  • Holly Springs, NC

    Typical home
    $584,429
    Gross yield
    3.8%
  • Cary, NC

    Typical home
    $566,968
    Gross yield
    3.2%
  • Raleigh, NC

    Typical home
    $559,144
    Gross yield
    3.4%
  • Raleigh, NC

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

    Typical home
    $548,507
    Gross yield
    3.3%

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