ZIP 27503 Housing Market Report

Raleigh Metro

Report period: July 2026

27503 Monthly Market Update – July 2026

ZIP 27503 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$525,000
+6.1%
Median DOM (Sales)
35
+34.6%
New Listings (Sales)
1
−85.7%
Median Rent
$4,100
0.0%
Median DOM (Rental)
57
+21.3%
Total Rental Listings
1
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable.

What's Moving Fastest

  • Fastest selling: Land (35 DOM)
  • Fastest renting: Single Family (57 DOM)
  • Strongest bedroom: 4 Beds ($575,000 median)

Sales Market Overview

Median Price
$525,000
+6.1%
Median DOM
35
+34.6%
New Listings
1
−85.7%
Inventory
19
+5.6%
  • Average Price: $577,363
  • Median Price: $525,000
  • Price Range: $80,000 – $2,500,000
  • Price per Sq Ft (Avg/Median): $273 / $203
  • Square Footage (Avg/Median): 2,376 / 2,437
  • Square Footage Range: 1,186 – 3,927
  • Days on Market (Avg/Median): 68 / 35
  • Days on Market Range: 5 – 285
  • New Listings: 1
  • Total Listings: 19

Sales by Property Type

Land
Avg/Median Price$533,286 / $140,000Range$80,000 – $2,500,000Price per Sq FtSq FtDOM90 / 35New1Total7
Single Family
Avg/Median Price$603,075 / $560,000Range$375,000 – $1,275,000Price per Sq Ft$273 / $203Sq Ft2,376 / 2,437DOM57 / 35New0Total12

Sales by Bedroom Count

3 Beds
Avg:$558,986Median:$560,000Range:$375,000 – $699,900PSF:$314 / $227Sq Ft:1,967 / 1,935DOM:83 / 36New:0Total:7
4 Beds
Avg:$736,000Median:$575,000Range:$495,000 – $1,275,000PSF:$235 / $203Sq Ft:3,014 / 2,723DOM:23 / 12New:0Total:4
5 Beds
Avg:$379,999Median:$379,999Range:$379,999 – $379,999PSF:$142 / $142Sq Ft:2,683 / 2,683DOM:35 / 35New:0Total:1

Rental Market Overview

Median Rent
$4,100
0.0%
Median DOM
57
+21.3%
New Listings
0
Inventory
1
0.0%
  • Average Rent: $4,100
  • Median Rent: $4,100
  • Rent Range: $4,100 – $4,100
  • Rent per Sq Ft (Avg/Median):
  • Square Footage (Avg/Median):
  • Square Footage Range:
  • Days on Market (Avg/Median): 57 / 57
  • Days on Market Range: 57 – 57
  • New Listings: 0
  • Total Listings: 1

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$4,100
Median DOM: 57
Inventory: 1
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Single Family
Avg/Median Rent$4,100 / $4,100Range$4,100 – $4,100Rent per Sq FtSq FtDOM57 / 57New0Total1

Rentals by Bedroom Count

4 Beds
Avg:$4,100Median:$4,100Range:$4,100 – $4,100PSF:Sq Ft:DOM:57 / 57New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$479,900Median DOM:72New:1Total:13
Mar 2026
Median Price:$419,000Median DOM:99New:1Total:14
Apr 2026
Median Price:$425,000Median DOM:58New:4Total:13
May 2026
Median Price:$495,000Median DOM:43New:4Total:13
Jun 2026
Median Price:$495,000Median DOM:26New:7Total:18
Jul 2026
Median Price:$525,000Median DOM:35New:1Total:19

6-Month Rental Trend

Mar 2026
Median Rent:$1,895Median DOM:1New:1Total:1
Apr 2026
Median Rent:$1,895Median DOM:1New:1Total:1
May 2026
Median Rent:$1,895Median DOM:1New:1Total:2
Jun 2026
Median Rent:$4,100Median DOM:47New:0Total:1
Jul 2026
Median Rent:$4,100Median DOM:57New:0Total:1

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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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