ZIP 27519 Housing Market Report
Raleigh Metro
Report period: May 2026
27519 Monthly Market Update – May 2026
ZIP 27519 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$660,000
−0.8%
Median DOM (Sales)
20
0.0%
New Listings (Sales)
70
−46.6%
Median Rent
$1,805
+0.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1,100
−4.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (14 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,200,000 median)
Sales Market Overview
Median Price
$660,000
−0.8%
Median DOM
20
0.0%
New Listings
70
−46.6%
Inventory
373
+10.4%
- Average Price: $785,275
- Median Price: $660,000
- Price Range: $225,000 – $6,874,000
- Price per Sq Ft (Avg/Median): $271 / $262
- Square Footage (Avg/Median): 2,808 / 2,572
- Square Footage Range: 758 – 8,317
- Days on Market (Avg/Median): 40 / 20
- Days on Market Range: 2 – 355
- New Listings: 70
- Total Listings: 373
Sales by Property Type
Condo
Avg/Median Price$455,100 / $400,000Range$225,000 – $800,000Price per Sq Ft$260 / $253Sq Ft1,794 / 1,577DOM61 / 46New8Total38
Land
Avg/Median Price$2,664,000 / $650,000Range$468,000 – $6,874,000Price per Sq Ft—Sq Ft—DOM43 / 39New0Total3
Single Family
Avg/Median Price$945,520 / $841,999Range$425,000 – $2,999,900Price per Sq Ft$288 / $275Sq Ft3,294 / 3,170DOM30 / 14New42Total233
Townhouse
Avg/Median Price$477,936 / $475,000Range$325,000 – $797,000Price per Sq Ft$234 / $232Sq Ft2,054 / 2,048DOM54 / 32New20Total99
Sales by Bedroom Count
Studio
Avg:$365,000Median:$365,000Range:$365,000 – $365,000PSF:$203 / $203Sq Ft:1,800 / 1,800DOM:45 / 45New:0Total:1
1 Beds
Avg:$254,580Median:$249,000Range:$225,000 – $299,000PSF:$328 / $322Sq Ft:775 / 763DOM:66 / 27New:0Total:5
2 Beds
Avg:$459,707Median:$439,000Range:$325,000 – $660,000PSF:$284 / $274Sq Ft:1,628 / 1,570DOM:55 / 40New:5Total:41
3 Beds
Avg:$537,815Median:$515,000Range:$335,000 – $934,900PSF:$256 / $248Sq Ft:2,116 / 2,096DOM:46 / 26New:22Total:116
4 Beds
Avg:$756,575Median:$745,000Range:$430,000 – $1,750,000PSF:$264 / $257Sq Ft:2,842 / 2,798DOM:32 / 12New:22Total:104
5 Beds
Avg:$1,177,269Median:$1,095,000Range:$640,000 – $2,999,900PSF:$291 / $271Sq Ft:3,980 / 3,838DOM:35 / 16New:17Total:87
6 Beds
Avg:$1,308,556Median:$1,200,000Range:$850,000 – $2,249,000PSF:$263 / $258Sq Ft:4,964 / 4,774DOM:27 / 6New:4Total:16
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $365,000 | $365,000 | $365,000 – $365,000 | $203 / $203 | 1,800 / 1,800 | 45 / 45 | 0 | 1 |
| 1 Beds | $254,580 | $249,000 | $225,000 – $299,000 | $328 / $322 | 775 / 763 | 66 / 27 | 0 | 5 |
| 2 Beds | $459,707 | $439,000 | $325,000 – $660,000 | $284 / $274 | 1,628 / 1,570 | 55 / 40 | 5 | 41 |
| 3 Beds | $537,815 | $515,000 | $335,000 – $934,900 | $256 / $248 | 2,116 / 2,096 | 46 / 26 | 22 | 116 |
| 4 Beds | $756,575 | $745,000 | $430,000 – $1,750,000 | $264 / $257 | 2,842 / 2,798 | 32 / 12 | 22 | 104 |
| 5 Beds | $1,177,269 | $1,095,000 | $640,000 – $2,999,900 | $291 / $271 | 3,980 / 3,838 | 35 / 16 | 17 | 87 |
| 6 Beds | $1,308,556 | $1,200,000 | $850,000 – $2,249,000 | $263 / $258 | 4,964 / 4,774 | 27 / 6 | 4 | 16 |
Rental Market Overview
Median Rent
$1,805
+0.4%
Median DOM
1
0.0%
New Listings
539
Inventory
1,100
−4.1%
- Average Rent: $1,898
- Median Rent: $1,805
- Rent Range: $599 – $5,295
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,226 / 1,099
- Square Footage Range: 549 – 5,001
- Days on Market (Avg/Median): 7 / 1
- Days on Market Range: 1 – 277
- New Listings: 539
- Total Listings: 1,100
Rentals by Property Type
Apartment
$1,688
Median DOM: 1
Inventory: 897
MoM: +0.4%
Condo
$1,800
Median DOM: 17
Inventory: 5
MoM: +0.4%
Single Family
$2,600
Median DOM: 11
Inventory: 77
MoM: +0.4%
Townhouse
$2,250
Median DOM: 11
Inventory: 121
MoM: +0.4%
Apartment
Avg/Median Rent$1,780 / $1,688Range$1,015 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,017 / 1,059DOM3 / 1New496Total897
Condo
Avg/Median Rent$1,873 / $1,800Range$1,295 – $2,495Rent per Sq Ft$1 / $1Sq Ft1,488 / 1,421DOM44 / 17New0Total5
Single Family
Avg/Median Rent$2,692 / $2,600Range$599 – $5,295Rent per Sq Ft$1 / $1Sq Ft2,450 / 2,337DOM25 / 11New14Total77
Townhouse
Avg/Median Rent$2,276 / $2,250Range$1,795 – $3,916Rent per Sq Ft$1 / $1Sq Ft2,087 / 2,075DOM23 / 11New29Total121
Rentals by Bedroom Count
Studio
Avg:$1,562Median:$1,410Range:$1,229 – $2,795PSF:$2 / $2Sq Ft:892 / 662DOM:22 / 1New:10Total:28
1 Beds
Avg:$1,599Median:$1,523Range:$599 – $2,520PSF:$2 / $2Sq Ft:811 / 802DOM:3 / 1New:220Total:401
2 Beds
Avg:$1,903Median:$1,850Range:$1,156 – $3,916PSF:$2 / $2Sq Ft:1,170 / 1,134DOM:3 / 1New:219Total:403
3 Beds
Avg:$2,211Median:$2,200Range:$1,491 – $3,250PSF:$1 / $1Sq Ft:1,703 / 1,581DOM:12 / 1New:71Total:175
4 Beds
Avg:$2,541Median:$2,495Range:$1,995 – $5,000PSF:$1 / $1Sq Ft:2,405 / 2,309DOM:22 / 12New:15Total:77
5 Beds
Avg:$3,244Median:$3,195Range:$2,595 – $5,295PSF:$1 / $1Sq Ft:3,213 / 3,050DOM:44 / 14New:3Total:13
6 Beds
Avg:$3,867Median:$4,000Range:$3,400 – $4,200PSF:$1 / $1Sq Ft:3,760 / 3,701DOM:6 / 7New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,562 | $1,410 | $1,229 – $2,795 | $2 / $2 | 892 / 662 | 22 / 1 | 10 | 28 |
| 1 Beds | $1,599 | $1,523 | $599 – $2,520 | $2 / $2 | 811 / 802 | 3 / 1 | 220 | 401 |
| 2 Beds | $1,903 | $1,850 | $1,156 – $3,916 | $2 / $2 | 1,170 / 1,134 | 3 / 1 | 219 | 403 |
| 3 Beds | $2,211 | $2,200 | $1,491 – $3,250 | $1 / $1 | 1,703 / 1,581 | 12 / 1 | 71 | 175 |
| 4 Beds | $2,541 | $2,495 | $1,995 – $5,000 | $1 / $1 | 2,405 / 2,309 | 22 / 12 | 15 | 77 |
| 5 Beds | $3,244 | $3,195 | $2,595 – $5,295 | $1 / $1 | 3,213 / 3,050 | 44 / 14 | 3 | 13 |
| 6 Beds | $3,867 | $4,000 | $3,400 – $4,200 | $1 / $1 | 3,760 / 3,701 | 6 / 7 | 1 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$575,000Median DOM:60New:52Total:294
Jan 2026
Median Price:$575,000Median DOM:63New:75Total:258
Feb 2026
Median Price:$599,000Median DOM:43New:81Total:269
Mar 2026
Median Price:$639,000Median DOM:19New:125Total:302
Apr 2026
Median Price:$665,000Median DOM:20New:131Total:338
May 2026
Median Price:$660,000Median DOM:20New:70Total:373
6-Month Rental Trend
Dec 2025
Median Rent:$1,760Median DOM:1New:569Total:847
Jan 2026
Median Rent:$1,889Median DOM:1New:726Total:1,072
Feb 2026
Median Rent:$1,837Median DOM:1New:755Total:1,028
Mar 2026
Median Rent:$1,809Median DOM:1New:857Total:1,104
Apr 2026
Median Rent:$1,798Median DOM:1New:812Total:1,147
May 2026
Median Rent:$1,805Median DOM:1New:539Total:1,100
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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