ZIP 27510 Housing Market Report

Raleigh Metro

Report period: May 2026

27510 Monthly Market Update – May 2026

ZIP 27510 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$450,000
−2.0%
Median DOM (Sales)
30
+11.1%
New Listings (Sales)
2
−87.5%
Median Rent
$1,330
+2.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
458
−5.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (21 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($620,000 median)

Sales Market Overview

Median Price
$450,000
−2.0%
Median DOM
30
+11.1%
New Listings
2
−87.5%
Inventory
62
−7.5%
  • Average Price: $506,489
  • Median Price: $450,000
  • Price Range: $150,000 – $2,380,000
  • Price per Sq Ft (Avg/Median): $329 / $302
  • Square Footage (Avg/Median): 1,592 / 1,355
  • Square Footage Range: 560 – 3,983
  • Days on Market (Avg/Median): 74 / 30
  • Days on Market Range: 2 – 336
  • New Listings: 2
  • Total Listings: 62

Sales by Property Type

Condo
Avg/Median Price$352,050 / $315,000Range$150,000 – $679,000Price per Sq Ft$393 / $368Sq Ft894 / 890DOM108 / 59New0Total20
Land
Avg/Median Price$675,000 / $375,000Range$350,000 – $1,300,000Price per Sq FtSq FtDOM73 / 38New0Total3
Single Family
Avg/Median Price$657,654 / $599,900Range$196,000 – $2,380,000Price per Sq Ft$324 / $302Sq Ft2,034 / 1,899DOM57 / 21New1Total26
Townhouse
Avg/Median Price$402,869 / $415,000Range$220,000 – $600,000Price per Sq Ft$240 / $244Sq Ft1,782 / 1,467DOM54 / 31New1Total13

Sales by Bedroom Count

1 Beds
Avg:$352,083Median:$331,500Range:$150,000 – $474,000PSF:$461 / $498Sq Ft:750 / 658DOM:164 / 59New:0Total:6
2 Beds
Avg:$335,300Median:$300,000Range:$150,000 – $679,000PSF:$326 / $302Sq Ft:1,032 / 964DOM:61 / 30New:1Total:23
3 Beds
Avg:$500,109Median:$515,000Range:$249,900 – $740,000PSF:$306 / $306Sq Ft:1,680 / 1,582DOM:26 / 21New:1Total:11
4 Beds
Avg:$746,206Median:$600,000Range:$370,000 – $2,380,000PSF:$307 / $259Sq Ft:2,483 / 2,603DOM:93 / 48New:0Total:18
5 Beds
Avg:$620,000Median:$620,000Range:$620,000 – $620,000PSF:$245 / $245Sq Ft:2,532 / 2,532DOM:27 / 27New:0Total:1

Rental Market Overview

Median Rent
$1,330
+2.0%
Median DOM
1
0.0%
New Listings
267
Inventory
458
−5.0%
  • Average Rent: $1,433
  • Median Rent: $1,330
  • Rent Range: $725 – $4,250
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 930 / 888
  • Square Footage Range: 360 – 2,831
  • Days on Market (Avg/Median): 11 / 1
  • Days on Market Range: 1 – 338
  • New Listings: 267
  • Total Listings: 458

Rentals by Property Type

Apartment
$1,290
Median DOM: 1
Inventory: 390
MoM: +2.0%
Condo
$1,500
Median DOM: 1
Inventory: 3
MoM: +2.0%
Single Family
$1,795
Median DOM: 1
Inventory: 40
MoM: +2.0%
Townhouse
$1,795
Median DOM: 28
Inventory: 23
MoM: +2.0%
Apartment
Avg/Median Rent$1,342 / $1,290Range$900 – $3,300Rent per Sq Ft$2 / $2Sq Ft886 / 840DOM6 / 1New243Total390
Condo
Avg/Median Rent$2,065 / $1,500Range$1,495 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,230 / 997DOM7 / 1New1Total3
Multi-Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$2 / $2Sq Ft800 / 800DOM143 / 130New0Total2
Single Family
Avg/Median Rent$1,994 / $1,795Range$725 – $4,250Rent per Sq Ft$2 / $2Sq Ft1,230 / 1,021DOM34 / 1New21Total40
Townhouse
Avg/Median Rent$1,884 / $1,795Range$1,395 – $3,195Rent per Sq Ft$2 / $1Sq Ft1,201 / 1,056DOM42 / 28New2Total23

Rentals by Bedroom Count

Studio
Avg:$1,176Median:$958Range:$958 – $1,395PSF:$3 / $2Sq Ft:468 / 360DOM:173 / 153New:0Total:2
1 Beds
Avg:$1,202Median:$1,253Range:$725 – $1,700PSF:$2 / $2Sq Ft:750 / 800DOM:11 / 1New:78Total:119
2 Beds
Avg:$1,410Median:$1,360Range:$1,000 – $2,900PSF:$2 / $2Sq Ft:912 / 900DOM:8 / 1New:163Total:284
3 Beds
Avg:$1,798Median:$1,650Range:$1,500 – $3,900PSF:$1 / $1Sq Ft:1,271 / 1,193DOM:9 / 1New:22Total:37
4 Beds
Avg:$2,542Median:$2,600Range:$1,895 – $3,500PSF:$1 / $1Sq Ft:1,820 / 1,482DOM:62 / 34New:3Total:13
5 Beds
Avg:$4,250Median:$4,250Range:$4,250 – $4,250PSF:$2 / $2Sq Ft:2,046 / 2,046DOM:1 / 1New:0Total:1
6 Beds
Avg:$3,200Median:$3,200Range:$3,200 – $3,200PSF:$2 / $2Sq Ft:1,793 / 1,793DOM:1 / 1New:1Total:1
7 Beds
Avg:$3,300Median:$3,300Range:$3,300 – $3,300PSF:$2 / $2Sq Ft:2,005 / 2,005DOM:New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$490,000Median DOM:88New:7Total:56
Jan 2026
Median Price:$490,000Median DOM:99New:10Total:48
Feb 2026
Median Price:$489,900Median DOM:80New:11Total:49
Mar 2026
Median Price:$474,000Median DOM:24New:23Total:61
Apr 2026
Median Price:$459,000Median DOM:27New:16Total:67
May 2026
Median Price:$450,000Median DOM:30New:2Total:62

6-Month Rental Trend

Dec 2025
Median Rent:$1,370Median DOM:1New:285Total:429
Jan 2026
Median Rent:$1,310Median DOM:1New:240Total:408
Feb 2026
Median Rent:$1,299Median DOM:1New:267Total:369
Mar 2026
Median Rent:$1,300Median DOM:1New:282Total:402
Apr 2026
Median Rent:$1,304Median DOM:1New:329Total:482
May 2026
Median Rent:$1,330Median DOM:1New:267Total:458

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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