ZIP 27207 Housing Market Report

Raleigh Metro

Report period: May 2026

27207 Monthly Market Update – May 2026

ZIP 27207 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$225,000
0.0%
Median DOM (Sales)
81
+15.7%
New Listings (Sales)
0
−100.0%
Median Rent
Median DOM (Rental)
Total Rental Listings

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened.

What's Moving Fastest

  • Fastest selling: Single Family (68 DOM)
  • Fastest renting: Single Family (70 DOM)
  • Strongest bedroom: 4 Beds ($1,195,000 median)

Sales Market Overview

Median Price
$225,000
0.0%
Median DOM
81
+15.7%
New Listings
0
−100.0%
Inventory
13
0.0%
  • Average Price: $359,069
  • Median Price: $225,000
  • Price Range: $35,000 – $1,195,000
  • Price per Sq Ft (Avg/Median): $233 / $236
  • Square Footage (Avg/Median): 2,401 / 2,010
  • Square Footage Range: 1,517 – 4,196
  • Days on Market (Avg/Median): 90 / 81
  • Days on Market Range: 16 – 200
  • New Listings: 0
  • Total Listings: 13

Sales by Property Type

Land
Avg/Median Price$181,667 / $35,000Range$35,000 – $750,000Price per Sq FtSq FtDOM96 / 81New0Total6
Manufactured
Avg/Median Price$375,000 / $375,000Range$375,000 – $375,000Price per Sq Ft$247 / $247Sq Ft1,517 / 1,517DOM71 / 71New0Total1
Single Family
Avg/Median Price$533,817 / $369,900Range$74,500 – $1,195,000Price per Sq Ft$230 / $236Sq Ft2,578 / 2,327DOM88 / 68New0Total6

Sales by Bedroom Count

2 Beds
Avg:$224,750Median:$74,500Range:$74,500 – $375,000PSF:$247 / $247Sq Ft:1,517 / 1,517DOM:79 / 71New:0Total:2
3 Beds
Avg:$483,350Median:$369,900Range:$225,000 – $789,500PSF:$216 / $197Sq Ft:2,174 / 2,010DOM:63 / 34New:0Total:4
4 Beds
Avg:$1,195,000Median:$1,195,000Range:$1,195,000 – $1,195,000PSF:$285 / $285Sq Ft:4,196 / 4,196DOM:192 / 192New:0Total:1

Rental Market Overview

Median Rent
$2,995
Median DOM
70
New Listings
0
Inventory
1
  • Average Rent: $2,995
  • Median Rent: $2,995
  • Rent Range: $2,995 – $2,995
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 2,163 / 2,163
  • Square Footage Range: 2,163 – 2,163
  • Days on Market (Avg/Median): 70 / 70
  • Days on Market Range: 70 – 70
  • New Listings: 0
  • Total Listings: 1

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM:
Condo
Median DOM:
Inventory:
MoM:
Single Family
$2,995
Median DOM: 70
Inventory: 1
MoM:
Townhouse
Median DOM:
Inventory:
MoM:
Single Family
Avg/Median Rent$2,995 / $2,995Range$2,995 – $2,995Rent per Sq Ft$1 / $1Sq Ft2,163 / 2,163DOM70 / 70New0Total1

Rentals by Bedroom Count

3 Beds
Avg:$2,995Median:$2,995Range:$2,995 – $2,995PSF:$1 / $1Sq Ft:2,163 / 2,163DOM:70 / 70New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$360,000Median DOM:69New:3Total:13
Jan 2026
Median Price:$265,000Median DOM:48New:3Total:14
Feb 2026
Median Price:$349,900Median DOM:64New:2Total:13
Mar 2026
Median Price:$249,000Median DOM:79New:2Total:12
Apr 2026
Median Price:$225,000Median DOM:70New:3Total:13
May 2026
Median Price:$225,000Median DOM:81New:0Total:13

6-Month Rental Trend

Trend data unavailable.

Key Market Takeaways

Median sale prices held steady this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory was flat.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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