Raleigh’s Fastest-Growing Zip Codes
Which zip codes in the Raleigh metro area are seeing the hottest growth rates?
Job opportunities and a relatively low cost of living draw young professionals and families to the Raleigh-Durham region — but where exactly are they buying homes? A look at home value growth data sheds light on one overarching trend: the suburbs are the place to be. These four Raleigh zip codes are experiencing particularly high rates of growth.
27569: Princeton
Boasting above-average schools and a rich blend of rural and suburban amenities, Princeton understandably draws retirees and families alike. With a one-year price increase of 11.7% (a change of $23,475), the growth in this area is nothing short of explosive. Still, homes in Princeton are relatively affordable, with the typical home value sitting at $223,332.
27524: Four Oaks
Located southeast of downtown Raleigh, Four Oaks overflows with lush greenery and quiet streets. Those looking for a reprieve from the hustle and bustle of city life find a welcome peace in this picturesque town. Conveniently located near Raleigh, Durham, and Clayton, Four Oaks offers plenty of opportunities for big-city entertainment, without the everyday traffic and noise. With a one-year price change of $23,294 (10%), this zip code is seeing continued growth. Large plots of land and an uptick in luxury homes puts the typical home value in Four Oaks at $256,030.
27549: Louisburg
With one of the highest concentrations of top-ranked public schools in North Carolina, Louisburg is popular among families. Its general safety, welcoming community, and proximity to plenty of entertainment make it a hot choice for buyers from every walk of life. Find cultural offerings right in the heart of Louisburg, or take the 25-minute drive into Raleigh for access to endless dining, shopping, and entertainment options. This well-located and beautiful town has seen a growth rate of 8.5% over the last year, a $22,643 change. Now, typical home values in the area sit at $288,826.
27525: Franklinton
Nestled up north of downtown Raleigh and well within reach of stunning golf courses and parks, Franklinton is a historic railroad town offering a tight-knit community. Families enjoy nearby attractions like Hill Ridge Farms, and commuters have a relatively easy drive to downtown Raleigh, Durham, or Research Triangle Park. As job growth continues in the area, it’s easy to understand why home values in Franklinton have grown by 7.6% ($22,986) in the last year. This growth places typical home values in the area at $324,055.
Why Move to the Suburbs?
The irrefutable growth of suburban zip codes like these raises the question: what’s the draw of heading outside of the city and purchasing a home on the outskirts? In Raleigh, many buyers find that they can either make drastic compromises for old or small homes within the city, or they can try their luck in the suburbs to find a home that’s a better fit. Aside from a hesitancy to battle high demand within city limits, there’s also a renewed appreciation for privacy, self-sufficiency, and personal space — all of which are more difficult to come by in the heart of downtown.
As an added bonus, suburban zip codes like these generally offer more opportunities to purchase undeveloped land. Buyers can choose a lot in their ideal location, then build their dream home there without the headache of bidding wars and endless compromise. Better yet, Atmos smooths out the rougher lines of custom homebuilding through reliable partnerships and the work of trusted project managers.
If you’re ready to make one of these hot zip codes your new home, make it the home of your dreams! Get started with Atmos today.
