ZIP 27504 Housing Market Report
Raleigh Metro
Report period: July 2026
27504 Monthly Market Update – July 2026
ZIP 27504 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$359,900
−0.6%
Median DOM (Sales)
37
+5.7%
New Listings (Sales)
15
−84.4%
Median Rent
$1,800
0.0%
Median DOM (Rental)
27
+35.0%
Total Rental Listings
39
−4.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (36 DOM)
- Fastest renting: Single Family (15 DOM)
- Strongest bedroom: 6 Beds ($480,000 median)
Sales Market Overview
Median Price
$359,900
−0.6%
Median DOM
37
+5.7%
New Listings
15
−84.4%
Inventory
277
−5.8%
- Average Price: $402,985
- Median Price: $359,900
- Price Range: $40,000 – $6,764,000
- Price per Sq Ft (Avg/Median): $189 / $185
- Square Footage (Avg/Median): 2,179 / 2,203
- Square Footage Range: 841 – 7,683
- Days on Market (Avg/Median): 69 / 37
- Days on Market Range: 2 – 359
- New Listings: 15
- Total Listings: 277
Sales by Property Type
Land
Avg/Median Price$427,880 / $145,000Range$40,000 – $6,764,000Price per Sq Ft—Sq Ft—DOM83 / 61New2Total36
Manufactured
Avg/Median Price$269,900 / $269,900Range$269,900 – $269,900Price per Sq Ft$202 / $202Sq Ft1,336 / 1,336DOM147 / 147New0Total1
Single Family
Avg/Median Price$399,805 / $379,900Range$184,000 – $1,299,999Price per Sq Ft$189 / $185Sq Ft2,183 / 2,203DOM66 / 36New13Total240
Sales by Bedroom Count
2 Beds
Avg:$331,838Median:$369,900Range:$195,000 – $440,900PSF:$200 / $202Sq Ft:1,738 / 1,679DOM:67 / 29New:1Total:8
3 Beds
Avg:$364,091Median:$334,900Range:$184,000 – $1,175,000PSF:$201 / $195Sq Ft:1,841 / 1,679DOM:76 / 35New:8Total:127
4 Beds
Avg:$438,029Median:$424,900Range:$264,000 – $1,299,999PSF:$179 / $171Sq Ft:2,466 / 2,434DOM:58 / 37New:4Total:76
5 Beds
Avg:$467,540Median:$449,900Range:$339,990 – $1,195,000PSF:$161 / $165Sq Ft:3,001 / 3,000DOM:50 / 36New:0Total:29
6 Beds
Avg:$480,000Median:$480,000Range:$480,000 – $480,000PSF:$155 / $155Sq Ft:3,105 / 3,105DOM:67 / 67New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $331,838 | $369,900 | $195,000 – $440,900 | $200 / $202 | 1,738 / 1,679 | 67 / 29 | 1 | 8 |
| 3 Beds | $364,091 | $334,900 | $184,000 – $1,175,000 | $201 / $195 | 1,841 / 1,679 | 76 / 35 | 8 | 127 |
| 4 Beds | $438,029 | $424,900 | $264,000 – $1,299,999 | $179 / $171 | 2,466 / 2,434 | 58 / 37 | 4 | 76 |
| 5 Beds | $467,540 | $449,900 | $339,990 – $1,195,000 | $161 / $165 | 3,001 / 3,000 | 50 / 36 | 0 | 29 |
| 6 Beds | $480,000 | $480,000 | $480,000 – $480,000 | $155 / $155 | 3,105 / 3,105 | 67 / 67 | 0 | 1 |
Rental Market Overview
Median Rent
$1,800
0.0%
Median DOM
27
+35.0%
New Listings
9
Inventory
39
−4.9%
- Average Rent: $1,717
- Median Rent: $1,800
- Rent Range: $950 – $2,336
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,578 / 1,584
- Square Footage Range: 850 – 2,623
- Days on Market (Avg/Median): 32 / 27
- Days on Market Range: 1 – 174
- New Listings: 9
- Total Listings: 39
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,699
Median DOM: 15
Inventory: 28
MoM: 0.0%
Townhouse
$1,800
Median DOM: 40
Inventory: 11
MoM: 0.0%
Single Family
Avg/Median Rent$1,690 / $1,699Range$950 – $2,336Rent per Sq Ft$1 / $1Sq Ft1,570 / 1,514DOM21 / 15New7Total28
Townhouse
Avg/Median Rent$1,786 / $1,800Range$1,250 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,597 / 1,615DOM57 / 40New2Total11
Rentals by Bedroom Count
1 Beds
Avg:$950Median:$950Range:$950 – $950PSF:—Sq Ft:—DOM:1 / 1New:0Total:1
2 Beds
Avg:$1,187Median:$1,150Range:$1,150 – $1,250PSF:$1 / $1Sq Ft:850 / 850DOM:17 / 1New:3Total:6
3 Beds
Avg:$1,817Median:$1,800Range:$1,400 – $2,200PSF:$1 / $1Sq Ft:1,554 / 1,584DOM:38 / 31New:5Total:30
4 Beds
Avg:$2,192Median:$2,049Range:$2,049 – $2,336PSF:$1 / $1Sq Ft:2,269 / 1,915DOM:8 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $950 | $950 | $950 – $950 | — | — | 1 / 1 | 0 | 1 |
| 2 Beds | $1,187 | $1,150 | $1,150 – $1,250 | $1 / $1 | 850 / 850 | 17 / 1 | 3 | 6 |
| 3 Beds | $1,817 | $1,800 | $1,400 – $2,200 | $1 / $1 | 1,554 / 1,584 | 38 / 31 | 5 | 30 |
| 4 Beds | $2,192 | $2,049 | $2,049 – $2,336 | $1 / $1 | 2,269 / 1,915 | 8 / 1 | 1 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$365,000Median DOM:50New:49Total:222
Mar 2026
Median Price:$374,900Median DOM:46New:62Total:229
Apr 2026
Median Price:$379,900Median DOM:38New:60Total:242
May 2026
Median Price:$378,900Median DOM:36New:66Total:248
Jun 2026
Median Price:$362,000Median DOM:35New:96Total:294
Jul 2026
Median Price:$359,900Median DOM:37New:15Total:277
6-Month Rental Trend
Feb 2026
Median Rent:$1,729Median DOM:29New:13Total:36
Mar 2026
Median Rent:$1,729Median DOM:10New:19Total:39
Apr 2026
Median Rent:$1,800Median DOM:22New:19Total:44
May 2026
Median Rent:$1,800Median DOM:18New:18Total:48
Jun 2026
Median Rent:$1,800Median DOM:20New:18Total:41
Jul 2026
Median Rent:$1,800Median DOM:27New:9Total:39
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory tightened.
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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