ZIP 27513 Housing Market Report
Raleigh Metro
Report period: August 2026
27513 Monthly Market Update – August 2026
ZIP 27513 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$556,915
+1.3%
Median DOM (Sales)
35
+9.4%
New Listings (Sales)
18
−70.5%
Median Rent
$1,691
−0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
917
+3.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (5 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,050,000 median)
Sales Market Overview
Median Price
$556,915
+1.3%
Median DOM
35
+9.4%
New Listings
18
−70.5%
Inventory
217
−3.1%
- Average Price: $638,412
- Median Price: $556,915
- Price Range: $175,000 – $7,688,000
- Price per Sq Ft (Avg/Median): $271 / $259
- Square Footage (Avg/Median): 2,295 / 2,097
- Square Footage Range: 674 – 9,692
- Days on Market (Avg/Median): 51 / 35
- Days on Market Range: 2 – 308
- New Listings: 18
- Total Listings: 217
Sales by Property Type
Condo
Avg/Median Price$245,806 / $239,900Range$175,000 – $359,000Price per Sq Ft$247 / $241Sq Ft1,010 / 1,022DOM63 / 62New0Total17
Land
Avg/Median Price$488,429 / $500,000Range$299,000 – $950,000Price per Sq Ft—Sq Ft—DOM143 / 97New1Total7
Multi-Family
Avg/Median Price$558,572 / $566,720Range$507,450 – $593,645Price per Sq Ft$263 / $270Sq Ft2,132 / 2,097DOM15 / 5New10Total16
Single Family
Avg/Median Price$808,922 / $650,000Range$330,000 – $7,688,000Price per Sq Ft$286 / $277Sq Ft2,745 / 2,510DOM45 / 27New6Total121
Townhouse
Avg/Median Price$430,732 / $385,000Range$250,000 – $1,700,000Price per Sq Ft$246 / $237Sq Ft1,736 / 1,647DOM65 / 54New1Total56
Sales by Bedroom Count
1 Beds
Avg:$208,857Median:$200,000Range:$175,000 – $245,000PSF:$257 / $259Sq Ft:796 / 729DOM:72 / 67New:0Total:7
2 Beds
Avg:$348,493Median:$320,000Range:$218,900 – $1,350,000PSF:$267 / $247Sq Ft:1,289 / 1,217DOM:54 / 41New:1Total:29
3 Beds
Avg:$492,748Median:$454,900Range:$250,000 – $1,700,000PSF:$263 / $258Sq Ft:1,864 / 1,765DOM:51 / 47New:7Total:78
4 Beds
Avg:$764,402Median:$670,000Range:$474,900 – $2,995,000PSF:$276 / $268Sq Ft:2,743 / 2,502DOM:46 / 25New:8Total:67
5 Beds
Avg:$1,189,381Median:$859,000Range:$525,000 – $7,688,000PSF:$293 / $264Sq Ft:3,661 / 3,428DOM:44 / 24New:1Total:26
6 Beds
Avg:$991,633Median:$1,050,000Range:$685,000 – $1,239,900PSF:$225 / $205Sq Ft:4,383 / 4,415DOM:37 / 37New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $208,857 | $200,000 | $175,000 – $245,000 | $257 / $259 | 796 / 729 | 72 / 67 | 0 | 7 |
| 2 Beds | $348,493 | $320,000 | $218,900 – $1,350,000 | $267 / $247 | 1,289 / 1,217 | 54 / 41 | 1 | 29 |
| 3 Beds | $492,748 | $454,900 | $250,000 – $1,700,000 | $263 / $258 | 1,864 / 1,765 | 51 / 47 | 7 | 78 |
| 4 Beds | $764,402 | $670,000 | $474,900 – $2,995,000 | $276 / $268 | 2,743 / 2,502 | 46 / 25 | 8 | 67 |
| 5 Beds | $1,189,381 | $859,000 | $525,000 – $7,688,000 | $293 / $264 | 3,661 / 3,428 | 44 / 24 | 1 | 26 |
| 6 Beds | $991,633 | $1,050,000 | $685,000 – $1,239,900 | $225 / $205 | 4,383 / 4,415 | 37 / 37 | 0 | 3 |
Rental Market Overview
Median Rent
$1,691
−0.2%
Median DOM
1
0.0%
New Listings
456
Inventory
917
+3.1%
- Average Rent: $1,778
- Median Rent: $1,691
- Rent Range: $695 – $5,100
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,112 / 1,051
- Square Footage Range: 375 – 4,181
- Days on Market (Avg/Median): 4 / 1
- Days on Market Range: 1 – 316
- New Listings: 456
- Total Listings: 917
Rentals by Property Type
Apartment
$1,648
Median DOM: 1
Inventory: 812
MoM: −0.2%
Condo
$1,500
Median DOM: 1
Inventory: 3
MoM: −0.2%
Single Family
$2,400
Median DOM: 12
Inventory: 59
MoM: −0.2%
Townhouse
$1,850
Median DOM: 7
Inventory: 42
MoM: −0.2%
Apartment
Avg/Median Rent$1,713 / $1,648Range$695 – $3,858Rent per Sq Ft$2 / $2Sq Ft1,023 / 983DOM2 / 1New435Total812
Condo
Avg/Median Rent$1,650 / $1,500Range$1,500 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,090 / 940DOM25 / 1New0Total3
Multi-Family
Avg/Median Rent$1,700 / $1,700Range$1,700 – $1,700Rent per Sq Ft$1 / $1Sq Ft1,220 / 1,220DOM21 / 21New0Total1
Single Family
Avg/Median Rent$2,583 / $2,400Range$825 – $5,100Rent per Sq Ft$1 / $1Sq Ft2,069 / 1,872DOM20 / 12New10Total59
Townhouse
Avg/Median Rent$1,912 / $1,850Range$1,299 – $2,850Rent per Sq Ft$1 / $1Sq Ft1,561 / 1,466DOM29 / 7New11Total42
Rentals by Bedroom Count
Studio
Avg:$1,706Median:$1,500Range:$1,167 – $3,900PSF:$2 / $2Sq Ft:938 / 809DOM:14 / 1New:1Total:10
1 Beds
Avg:$1,475Median:$1,467Range:$695 – $2,400PSF:$2 / $2Sq Ft:806 / 781DOM:3 / 1New:188Total:359
2 Beds
Avg:$1,841Median:$1,756Range:$1,174 – $3,858PSF:$2 / $2Sq Ft:1,160 / 1,126DOM:2 / 1New:211Total:402
3 Beds
Avg:$2,216Median:$2,195Range:$1,544 – $4,000PSF:$1 / $1Sq Ft:1,524 / 1,462DOM:11 / 1New:49Total:114
4 Beds
Avg:$2,605Median:$2,595Range:$1,200 – $3,700PSF:$1 / $1Sq Ft:2,433 / 2,368DOM:20 / 9New:6Total:25
5 Beds
Avg:$3,807Median:$3,990Range:$2,395 – $5,100PSF:$1 / $1Sq Ft:3,079 / 2,940DOM:14 / 14New:0Total:5
6 Beds
Avg:$3,675Median:$2,850Range:$2,850 – $4,500PSF:$1 / $1Sq Ft:3,616 / 3,100DOM:18 / 2New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,706 | $1,500 | $1,167 – $3,900 | $2 / $2 | 938 / 809 | 14 / 1 | 1 | 10 |
| 1 Beds | $1,475 | $1,467 | $695 – $2,400 | $2 / $2 | 806 / 781 | 3 / 1 | 188 | 359 |
| 2 Beds | $1,841 | $1,756 | $1,174 – $3,858 | $2 / $2 | 1,160 / 1,126 | 2 / 1 | 211 | 402 |
| 3 Beds | $2,216 | $2,195 | $1,544 – $4,000 | $1 / $1 | 1,524 / 1,462 | 11 / 1 | 49 | 114 |
| 4 Beds | $2,605 | $2,595 | $1,200 – $3,700 | $1 / $1 | 2,433 / 2,368 | 20 / 9 | 6 | 25 |
| 5 Beds | $3,807 | $3,990 | $2,395 – $5,100 | $1 / $1 | 3,079 / 2,940 | 14 / 14 | 0 | 5 |
| 6 Beds | $3,675 | $2,850 | $2,850 – $4,500 | $1 / $1 | 3,616 / 3,100 | 18 / 2 | 1 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$525,000Median DOM:19New:73Total:177
Apr 2026
Median Price:$529,990Median DOM:16New:87Total:211
May 2026
Median Price:$535,000Median DOM:18New:67Total:221
Jun 2026
Median Price:$535,000Median DOM:25New:76Total:218
Jul 2026
Median Price:$550,000Median DOM:32New:61Total:224
Aug 2026
Median Price:$556,915Median DOM:35New:18Total:217
6-Month Rental Trend
Mar 2026
Median Rent:$1,643Median DOM:1New:637Total:872
Apr 2026
Median Rent:$1,613Median DOM:1New:650Total:898
May 2026
Median Rent:$1,618Median DOM:1New:660Total:914
Jun 2026
Median Rent:$1,649Median DOM:1New:647Total:893
Jul 2026
Median Rent:$1,694Median DOM:1New:622Total:889
Aug 2026
Median Rent:$1,691Median DOM:1New:456Total:917
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory increased.
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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