ZIP 27606 vs ZIP 27617

27606 is one of 32 ZIP codes that lie mostly in Wake County, NC.

Shaded by typical home value, it ranks 19 of the 30 with a value.

12 school locations in 27606: 5 elementary, 3 middle, 2 high, 2 other.

In alphabetical order: Athens Drive High, Centennial Campus Middle, Combs Elementary, Connections Academy, and more on the ZIP page. Locations only — no ratings are shown here.

27617 is one of 32 ZIP codes that lie mostly in Wake County, NC — 98% of its own area is in the county.

Shaded by typical home value, it ranks 20 of the 30 with a value.

2 school locations in 27617: 1 elementary, 1 middle.

In alphabetical order: Brier Creek Elementary, Pine Hollow Middle. Locations only — no ratings are shown here.

In January 2000 the typical home in 27606 was worth $168,161.

Values peaked at $455,762 in June 2024. The latest reading is −4.0% from that peak.

As of August 2026: $437,368, −1.4% over twelve months.

Start with the typical home: $437,368. Put 20% down and borrow $349,894 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,423 a month in principal and interest.

The median household here earns $75,640 a year, $6,303 a month. So the payment takes 38.4% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 14.8% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,007.

In December 2020, with rates at 2.68%, it was $1,087.

By August 2026, at 6.67%, it was $2,250 — +107% since December 2020, while the home's value moved +30%.

Reported values rose +160% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $331,883. So the real change is +32%, not +160%.

27606: +160% since January 2000.

Wake County: +150% since January 2000.

North Carolina: +156% since January 2000 — 27606 ran ahead of it by 4 points.

Against 834 North Carolina ZIP codes, 27606 sits at the 17th percentile for affordability (price vs local income).

15th for appreciation (recent value growth); 35th for rental yield (rent vs price).

Owning the typical home costs about $2,860 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,466 a month.

Price divided by a year's rent: 24.9. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 27617 was worth $185,562.

Values peaked at $471,624 in August 2022. The latest reading is −7.8% from that peak.

As of August 2026: $434,865, −3.1% over twelve months.

Start with the typical home: $434,865. Put 20% down and borrow $347,892 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,409 a month in principal and interest.

The median household here earns $109,991 a year, $9,166 a month. So the payment takes 26.3% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 11.2% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,111.

In December 2020, with rates at 2.68%, it was $1,079.

By August 2026, at 6.67%, it was $2,237 — +107% since December 2020, while the home's value moved +31%.

Reported values rose +134% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $366,226. So the real change is +19%, not +134%.

27617: +134% since January 2000.

Wake County: +150% since January 2000.

North Carolina: +156% since January 2000 — 27617 ran behind it by 22 points.

Against 834 North Carolina ZIP codes, 27617 sits at the 67th percentile for affordability (price vs local income).

6th for appreciation (recent value growth); 35th for rental yield (rent vs price).

Owning the typical home costs about $2,844 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,516 a month.

Price divided by a year's rent: 23.9. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 52 a month (Redfin, 3-month rolling data through August 2026). That is 100% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 143.

Going out — closed sales: about 41 a month. That is 80% of the 2015–2019 level for the same months. The drain is drawn 27% narrower: the share of homes for sale that sell each month is 73% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.5 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 11 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 41 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 45 — so sales ran at 91% of it, and below it in 23 of the last 24 months.

Across Wake County, builders pulled permits for 13,806 new homes in 2025.

Of those, 61% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 27 a month (Redfin, 3-month rolling data through August 2026). That is 72% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 76.

Going out — closed sales: about 24 a month. That is 60% of the 2015–2019 level for the same months. The drain is drawn 14% narrower: the share of homes for sale that sell each month is 86% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.2 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 3 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 24 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 34 — so sales ran at 71% of it, and below it in 23 of the last 24 months.

Across Wake County, builders pulled permits for 13,806 new homes in 2025.

Of those, 61% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Wake County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 11,259 moved in. Among the ten receiving the most, 13,949 moved out.

Net across those counties: −2,690 households. Beside it, homes for sale in this ZIP: 143 in June 2026.

Most arrivals came from Durham, NC (3,599 households); most departures went to Durham, NC (3,465).

This ZIP sits in Wake County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 11,259 moved in. Among the ten receiving the most, 13,949 moved out.

Net across those counties: −2,690 households. Beside it, homes for sale in this ZIP: 76 in June 2026.

Most arrivals came from Durham, NC (3,599 households); most departures went to Durham, NC (3,465).

County assessor records list 212 properties with a market value here. Their average assessed market value is $384,127; the typical home value is $434,865.

The assessor average sits −11.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.