ZIP 27514 Housing Market Report
Raleigh Metro
Report period: July 2026
27514 Monthly Market Update – July 2026
ZIP 27514 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$539,000
−2.0%
Median DOM (Sales)
62
+3.3%
New Listings (Sales)
12
−62.5%
Median Rent
$1,610
−2.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
694
+0.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (49 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($975,000 median)
Sales Market Overview
Median Price
$539,000
−2.0%
Median DOM
62
+3.3%
New Listings
12
−62.5%
Inventory
176
−1.1%
- Average Price: $735,513
- Median Price: $539,000
- Price Range: $130,000 – $8,995,000
- Price per Sq Ft (Avg/Median): $313 / $288
- Square Footage (Avg/Median): 2,117 / 1,840
- Square Footage Range: 577 – 5,748
- Days on Market (Avg/Median): 74 / 62
- Days on Market Range: 2 – 351
- New Listings: 12
- Total Listings: 176
Sales by Property Type
Condo
Avg/Median Price$268,353 / $254,900Range$130,000 – $536,400Price per Sq Ft$245 / $242Sq Ft1,106 / 1,148DOM73 / 62New2Total49
Land
Avg/Median Price$1,515,000 / $400,000Range$295,000 – $8,995,000Price per Sq Ft—Sq Ft—DOM211 / 212New0Total9
Multi-Family
Avg/Median Price$513,500 / $399,000Range$290,000 – $750,000Price per Sq Ft$305 / $297Sq Ft1,742 / 1,344DOM123 / 99New0Total4
Single Family
Avg/Median Price$1,019,162 / $850,000Range$190,000 – $3,700,000Price per Sq Ft$358 / $318Sq Ft2,893 / 2,692DOM62 / 49New10Total86
Townhouse
Avg/Median Price$463,004 / $385,000Range$250,000 – $855,000Price per Sq Ft$294 / $281Sq Ft1,556 / 1,442DOM66 / 70New0Total28
Sales by Bedroom Count
1 Beds
Avg:$275,729Median:$312,300Range:$130,000 – $444,000PSF:$334 / $350Sq Ft:804 / 719DOM:67 / 60New:1Total:7
2 Beds
Avg:$293,083Median:$269,900Range:$159,000 – $1,225,000PSF:$252 / $250Sq Ft:1,152 / 1,148DOM:70 / 62New:2Total:52
3 Beds
Avg:$691,527Median:$539,000Range:$190,000 – $2,985,000PSF:$347 / $323Sq Ft:1,914 / 1,700DOM:67 / 66New:2Total:44
4 Beds
Avg:$1,026,007Median:$799,000Range:$475,000 – $3,700,000PSF:$358 / $326Sq Ft:2,873 / 2,553DOM:64 / 49New:6Total:43
5 Beds
Avg:$1,172,324Median:$975,000Range:$540,000 – $3,600,000PSF:$301 / $284Sq Ft:3,784 / 3,486DOM:60 / 67New:1Total:17
6 Beds
Avg:$1,042,475Median:$750,000Range:$624,900 – $1,400,000PSF:$258 / $253Sq Ft:3,993 / 3,002DOM:108 / 57New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $275,729 | $312,300 | $130,000 – $444,000 | $334 / $350 | 804 / 719 | 67 / 60 | 1 | 7 |
| 2 Beds | $293,083 | $269,900 | $159,000 – $1,225,000 | $252 / $250 | 1,152 / 1,148 | 70 / 62 | 2 | 52 |
| 3 Beds | $691,527 | $539,000 | $190,000 – $2,985,000 | $347 / $323 | 1,914 / 1,700 | 67 / 66 | 2 | 44 |
| 4 Beds | $1,026,007 | $799,000 | $475,000 – $3,700,000 | $358 / $326 | 2,873 / 2,553 | 64 / 49 | 6 | 43 |
| 5 Beds | $1,172,324 | $975,000 | $540,000 – $3,600,000 | $301 / $284 | 3,784 / 3,486 | 60 / 67 | 1 | 17 |
| 6 Beds | $1,042,475 | $750,000 | $624,900 – $1,400,000 | $258 / $253 | 3,993 / 3,002 | 108 / 57 | 0 | 4 |
Rental Market Overview
Median Rent
$1,610
−2.4%
Median DOM
1
0.0%
New Listings
364
Inventory
694
+0.6%
- Average Rent: $1,702
- Median Rent: $1,610
- Rent Range: $600 – $7,482
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 923 / 833
- Square Footage Range: 334 – 3,175
- Days on Market (Avg/Median): 11 / 1
- Days on Market Range: 1 – 356
- New Listings: 364
- Total Listings: 694
Rentals by Property Type
Apartment
$1,595
Median DOM: 1
Inventory: 589
MoM: −2.4%
Condo
$1,599
Median DOM: 33
Inventory: 32
MoM: −2.4%
Single Family
$1,850
Median DOM: 1
Inventory: 44
MoM: −2.4%
Townhouse
$1,850
Median DOM: 1
Inventory: 20
MoM: −2.4%
Apartment
Avg/Median Rent$1,646 / $1,595Range$835 – $7,482Rent per Sq Ft$2 / $2Sq Ft861 / 800DOM7 / 1New324Total589
Condo
Avg/Median Rent$1,609 / $1,599Range$995 – $2,600Rent per Sq Ft$2 / $1Sq Ft1,069 / 1,154DOM62 / 33New8Total32
Multi-Family
Avg/Median Rent$1,903 / $1,890Range$1,100 – $3,150Rent per Sq Ft$2 / $2Sq Ft1,046 / 978DOM63 / 65New1Total9
Single Family
Avg/Median Rent$2,163 / $1,850Range$600 – $4,995Rent per Sq Ft$2 / $1Sq Ft1,539 / 1,359DOM5 / 1New23Total44
Townhouse
Avg/Median Rent$2,382 / $1,850Range$1,000 – $3,799Rent per Sq Ft$2 / $2Sq Ft1,371 / 1,294DOM50 / 1New8Total20
Rentals by Bedroom Count
Studio
Avg:$1,485Median:$1,505Range:$850 – $1,710PSF:$3 / $3Sq Ft:585 / 577DOM:1 / 1New:19Total:35
1 Beds
Avg:$1,488Median:$1,560Range:$699 – $2,505PSF:$2 / $2Sq Ft:742 / 724DOM:7 / 1New:197Total:351
2 Beds
Avg:$1,788Median:$1,685Range:$995 – $2,945PSF:$2 / $2Sq Ft:1,075 / 1,076DOM:14 / 1New:123Total:249
3 Beds
Avg:$2,549Median:$2,200Range:$1,593 – $7,482PSF:$2 / $2Sq Ft:1,441 / 1,374DOM:35 / 1New:20Total:45
4 Beds
Avg:$3,350Median:$3,699Range:$600 – $4,995PSF:$2 / $2Sq Ft:2,265 / 2,147DOM:12 / 1New:4Total:13
6 Beds
Avg:$3,175Median:$3,175Range:$3,175 – $3,175PSF:$1 / $1Sq Ft:2,925 / 2,925DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,485 | $1,505 | $850 – $1,710 | $3 / $3 | 585 / 577 | 1 / 1 | 19 | 35 |
| 1 Beds | $1,488 | $1,560 | $699 – $2,505 | $2 / $2 | 742 / 724 | 7 / 1 | 197 | 351 |
| 2 Beds | $1,788 | $1,685 | $995 – $2,945 | $2 / $2 | 1,075 / 1,076 | 14 / 1 | 123 | 249 |
| 3 Beds | $2,549 | $2,200 | $1,593 – $7,482 | $2 / $2 | 1,441 / 1,374 | 35 / 1 | 20 | 45 |
| 4 Beds | $3,350 | $3,699 | $600 – $4,995 | $2 / $2 | 2,265 / 2,147 | 12 / 1 | 4 | 13 |
| 6 Beds | $3,175 | $3,175 | $3,175 – $3,175 | $1 / $1 | 2,925 / 2,925 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$565,000Median DOM:52New:40Total:116
Mar 2026
Median Price:$619,000Median DOM:26New:62Total:159
Apr 2026
Median Price:$655,000Median DOM:27New:57Total:187
May 2026
Median Price:$649,000Median DOM:47New:38Total:183
Jun 2026
Median Price:$550,000Median DOM:60New:32Total:178
Jul 2026
Median Price:$539,000Median DOM:62New:12Total:176
6-Month Rental Trend
Feb 2026
Median Rent:$1,560Median DOM:1New:320Total:447
Mar 2026
Median Rent:$1,592Median DOM:1New:399Total:536
Apr 2026
Median Rent:$1,685Median DOM:1New:507Total:684
May 2026
Median Rent:$1,662Median DOM:1New:469Total:698
Jun 2026
Median Rent:$1,650Median DOM:1New:459Total:690
Jul 2026
Median Rent:$1,610Median DOM:1New:364Total:694
Key Market Takeaways
Median sale prices softened 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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