Home values, rents and more in ZIP code 27603 (Southwest, Raleigh, NC)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 27603 in ProMap- Under $310k
- $310k–$390k
- $390k–$470k
- $470k–$570k
- $570k+
- No data
How 27603 compares
The typical home in ZIP code 27603 (Southwest, Raleigh, NC) is worth about $406,000, according to the Zillow Home Value Index for September 2026. Home values in 27603 are 5% below the typical value in the Raleigh metro area ($428,000) and 11% above the U.S. typical value ($366,000).
Over the past year, home values in 27603 fell 2.0%, compared with −1.7% in the Raleigh metro area and +1.2% nationally.
Typical rent is $1,694 a month (Zillow Observed Rent Index), about the same as the Raleigh metro area ($1,669) and 12% below the U.S. ($1,932). Rents rose 2.7% over the past year.
The median household income is $90,484, against $100,103 in the Raleigh metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 53,972 people live in 27603 (American Community Survey 2020–24).
27603 has the 21st-lowest typical home value of the 44 ZIP codes in the Raleigh metro area and the 151st-highest of 719 in North Carolina with Zillow figures.
Part of: Raleigh, NC · Wake County, NC · Raleigh metro area · North Carolina
More for 27603 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.