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Raleigh, NC 27607 Multi-family Properties For Sale

The median home value in Raleigh, NC 27607 is $586,400. This is higher than the county median home value of $434,100. The national median home value is $338,100. The average price of homes sold in Raleigh, NC 27607 is $586,400. Approximately 41.70% of Raleigh, NC 27607 homes are owned, compared to 47.99% rented, while 10.31% are vacant. Raleigh, NC 27607 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Raleigh, NC 27607 real estate agent to arrange a tour today!

Learn More About Raleigh, NC 27607 Real Estate

Statistics & facts

29,067 Population
$586K Medium Home Value
8,861 # of Households
10.31% Housing Vacancy
58.47% Future Job Growth
2.70% Unemployment Rate

Andrea D. Conner, License 521381, Xome Inc., License 9002330, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Copyright © 2025, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


Population

Raleigh, NC 27607 has a population of approximately 29,067 and experiences a population change rate of 58.76%. The population density is 1,805.3 / sq mi.

Household

The median household income for Raleigh, NC 27607 is $76,486, with 8,861 households and an average household size of 2.27.

Cost of Living

The cost of living index in Raleigh, NC 27607 is 134.8%.

Home Value

The median value of a home in Raleigh, NC 27607 is $586,400 with an appreciation rate of 23.6%. 41.7% of housing in the zip code is owned while 48.0% is rented.

Employment

The unemployment rate in Raleigh, NC 27607 is 2.70%, and recent job growth is at 1.64%. Future job growth is projected at 58.47%.

Taxes

The sales tax rate in Raleigh, NC 27607 is 7.25%, while the income tax rate is 4.99%.

Education

School expenditures in Raleigh, NC 27607 are $11,618, and the school ratio is 15.1:1.

Weather

The average high temperature in July is 89.3 degrees, with an average low temperature in January of 30.2 degrees. The average rainfall is approximately 46.2 inches per year, with 4.1 inches of snow per year.

Education near Raleigh NC, 27607

Metric City County
High School Graduates 92.33 93.66
College Degree - 2 year 7.27 8.04
College Degree - 4 year 52.4 54.72
Graduate Degree 13.7 15.71
Expenditures per Student $11,618 $11,618
Students per Teacher 15.10 15.10

Elementary Schools near Raleigh NC , 27607

School Grades Students P/T Ratio ZIP
Harris Creek Elementary School PK - 05 1025 15.2 27616
Holly Grove Elementary School PK - 05 1128 16.9 27540
Holly Springs Elementary School PK - 05 1086 16.8 27540
Jeffreys Grove Elementary School PK - 05 543 14.5 27612
Joyner Elementary School PK - 05 686 14.8 27608
Kingswood Elementary School PK - 05 415 12.3 27513
Lacy Elementary School PK - 05 788 15.5 27607
Lynn Road Elementary School PK - 05 522 13.6 27612
Northwoods Elementary School PK - 05 515 13 27513
Olds Elementary School PK - 05 349 15.1 27607
Olive Chapel Elementary School PK - 05 1023 17.5 27502
Partnership Elementary School KG - 05 292 12 27605
Reedy Creek Elementary School KG - 05 651 13.8 27513
Stough Elementary School PK - 05 538 13 27612
Sycamore Creek Elementary School PK - 05 1132 16.6 27613
Underwood Elementary School KG - 05 520 14.1 27608
Weatherstone Elementary School PK - 05 910 16.6 27513
Wiley Elementary School KG - 05 429 12.9 27605
Willow Springs Elementary School KG - 05 1017 16.7 27592
York Elementary School PK - 05 492 13.4 27612

Middle Schools near Raleigh NC , 27607

School Grades Students P/T Ratio ZIP
Davis Drive Middle School 06 - 08 1322 19.3 27519
Durant Road Middle School 06 - 08 1245 15.8 27614
East Garner Middle School 06 - 08 1361 16.4 27529
Heritage Middle School 06 - 08 1287 17.4 27587
Holly Grove Middle School 06 - 08 1439 17.7 27540
Holly Ridge Middle School 06 - 08 1222 17.7 27540
Leesville Road Middle School 06 - 08 1228 17.9 27613
Martin Middle School 06 - 08 1079 14.7 27607
Mills Park Middle School 06 - 08 1836 18.8 27519
Rolesville Middle 06 - 08 1263 16.8 27571
Salem Middle School 06 - 08 1238 16.1 27523
West Lake Middle School 06 - 08 1344 17.4 27539

High Schools near Raleigh NC , 27607

School Grades Students P/T Ratio ZIP
Apex High School 09 - 12 2549 19.3 27502
Cary High School 09 - 12 2396 17.7 27511
Garner High School 09 - 12 2650 18.2 27529
Green Hope High School 09 - 12 2380 19.8 27519
Holly Springs High School 09 - 12 2418 19.7 27540
Leesville Road High School 09 - 12 2281 18.7 27613
Middle Creek High School 09 - 12 2249 18.7 27539
Millbrook High School 09 - 12 2571 17.7 27615
Needham Broughton High School 09 - 12 2112 16.6 27605
Panther Creek High School 09 - 12 2893 20.6 27519
Wakefield High School 09 - 12 2387 18.1 27614
William G Enloe High School 09 - 12 2656 17 27610

Ungraded Schools near Raleigh NC , 27607

School Grades Students P/T Ratio ZIP
* Phillips High School 09 - 12 168 5.2 27610
Apex Friendship High UG - UG 0 null 27502
Longview 06 - 12 73 3.2 27610
Rolesville High 09 - 11 1200 17.3 27571
Scotts Ridge Elementary UG - UG 0 null 27502
Wake Young Men's Leadership Academy 06 - 11 247 12.3 27601
Wake Young Women's Leadership Academy 06 - 11 281 12.6 27606

Top 6 Zip Codes for real estate in Raleigh

  • 27610 Multi-family Properties For Sale
  • 27601 Multi-family Properties For Sale
  • 27606 Multi-family Properties For Sale
  • 27604 Multi-family Properties For Sale
  • 27616 Multi-family Properties For Sale
  • 27603 Multi-family Properties For Sale