ZIP 27520 Housing Market Report
Raleigh Metro
Report period: July 2026
27520 Monthly Market Update – July 2026
ZIP 27520 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$370,000
−0.8%
Median DOM (Sales)
30
+7.1%
New Listings (Sales)
108
−46.5%
Median Rent
$1,719
+1.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
470
+0.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (7 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($474,000 median)
Sales Market Overview
Median Price
$370,000
−0.8%
Median DOM
30
+7.1%
New Listings
108
−46.5%
Inventory
580
−1.7%
- Average Price: $421,419
- Median Price: $370,000
- Price Range: $50,000 – $4,200,000
- Price per Sq Ft (Avg/Median): $198 / $185
- Square Footage (Avg/Median): 2,120 / 2,067
- Square Footage Range: 475 – 5,268
- Days on Market (Avg/Median): 55 / 30
- Days on Market Range: 1 – 358
- New Listings: 108
- Total Listings: 580
Sales by Property Type
Condo
Avg/Median Price$217,500 / $210,000Range$210,000 – $225,000Price per Sq Ft$199 / $193Sq Ft1,095 / 1,025DOM53 / 8New0Total2
Land
Avg/Median Price$674,623 / $169,000Range$50,000 – $4,200,000Price per Sq Ft—Sq Ft—DOM114 / 121New2Total30
Manufactured
Avg/Median Price$249,783 / $235,000Range$168,800 – $295,000Price per Sq Ft$143 / $135Sq Ft1,838 / 2,036DOM55 / 15New0Total6
Multi-Family
Avg/Median Price$341,435 / $344,190Range$300,000 – $384,700Price per Sq Ft$237 / $261Sq Ft1,529 / 1,346DOM27 / 7New6Total11
Single Family
Avg/Median Price$437,237 / $394,660Range$125,000 – $1,500,000Price per Sq Ft$200 / $188Sq Ft2,257 / 2,310DOM51 / 30New87Total451
Townhouse
Avg/Median Price$266,264 / $259,990Range$209,900 – $350,000Price per Sq Ft$182 / $183Sq Ft1,476 / 1,420DOM61 / 38New13Total80
Sales by Bedroom Count
1 Beds
Avg:$202,000Median:$202,000Range:$202,000 – $202,000PSF:$425 / $425Sq Ft:475 / 475DOM:85 / 85New:0Total:1
2 Beds
Avg:$396,829Median:$344,250Range:$125,000 – $1,400,000PSF:$281 / $261Sq Ft:1,373 / 1,330DOM:72 / 44New:9Total:32
3 Beds
Avg:$345,439Median:$319,900Range:$168,800 – $1,250,000PSF:$202 / $196Sq Ft:1,734 / 1,577DOM:53 / 35New:39Total:270
4 Beds
Avg:$469,784Median:$414,990Range:$235,000 – $1,500,000PSF:$187 / $181Sq Ft:2,486 / 2,419DOM:52 / 24New:35Total:170
5 Beds
Avg:$495,480Median:$474,000Range:$356,390 – $959,900PSF:$166 / $162Sq Ft:2,989 / 2,908DOM:37 / 13New:23Total:77
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $202,000 | $202,000 | $202,000 – $202,000 | $425 / $425 | 475 / 475 | 85 / 85 | 0 | 1 |
| 2 Beds | $396,829 | $344,250 | $125,000 – $1,400,000 | $281 / $261 | 1,373 / 1,330 | 72 / 44 | 9 | 32 |
| 3 Beds | $345,439 | $319,900 | $168,800 – $1,250,000 | $202 / $196 | 1,734 / 1,577 | 53 / 35 | 39 | 270 |
| 4 Beds | $469,784 | $414,990 | $235,000 – $1,500,000 | $187 / $181 | 2,486 / 2,419 | 52 / 24 | 35 | 170 |
| 5 Beds | $495,480 | $474,000 | $356,390 – $959,900 | $166 / $162 | 2,989 / 2,908 | 37 / 13 | 23 | 77 |
Rental Market Overview
Median Rent
$1,719
+1.2%
Median DOM
1
0.0%
New Listings
207
Inventory
470
+0.4%
- Average Rent: $1,727
- Median Rent: $1,719
- Rent Range: $800 – $3,080
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,376 / 1,283
- Square Footage Range: 450 – 4,559
- Days on Market (Avg/Median): 13 / 1
- Days on Market Range: 1 – 337
- New Listings: 207
- Total Listings: 470
Rentals by Property Type
Apartment
$1,527
Median DOM: 1
Inventory: 209
MoM: +1.2%
Condo
$1,200
Median DOM: 1
Inventory: 7
MoM: +1.2%
Single Family
$1,910
Median DOM: 1
Inventory: 211
MoM: +1.2%
Townhouse
$1,725
Median DOM: 4
Inventory: 41
MoM: +1.2%
Apartment
Avg/Median Rent$1,545 / $1,527Range$969 – $1,947Rent per Sq Ft$2 / $2Sq Ft1,016 / 1,085DOM7 / 1New116Total209
Condo
Avg/Median Rent$1,236 / $1,200Range$1,200 – $1,450Rent per Sq Ft$2 / $2Sq Ft726 / 726DOM1 / 1New1Total7
Manufactured
Avg/Median Rent$1,062 / $800Range$800 – $1,325Rent per Sq Ft$1 / $1Sq Ft1,000 / 1,000DOM11 / 9New0Total2
Single Family
Avg/Median Rent$1,939 / $1,910Range$1,000 – $3,080Rent per Sq Ft$1 / $1Sq Ft1,725 / 1,620DOM18 / 1New76Total211
Townhouse
Avg/Median Rent$1,681 / $1,725Range$1,175 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,428 / 1,489DOM30 / 4New14Total41
Rentals by Bedroom Count
1 Beds
Avg:$1,377Median:$1,415Range:$800 – $1,925PSF:$2 / $2Sq Ft:769 / 804DOM:12 / 1New:43Total:87
2 Beds
Avg:$1,531Median:$1,544Range:$1,070 – $1,800PSF:$1 / $1Sq Ft:1,101 / 1,130DOM:5 / 1New:59Total:120
3 Beds
Avg:$1,856Median:$1,850Range:$1,000 – $2,400PSF:$1 / $1Sq Ft:1,540 / 1,472DOM:19 / 1New:79Total:203
4 Beds
Avg:$2,179Median:$2,150Range:$1,795 – $3,080PSF:$1 / $1Sq Ft:2,104 / 2,098DOM:12 / 1New:25Total:54
5 Beds
Avg:$2,303Median:$2,245Range:$1,765 – $2,800PSF:$1 / $1Sq Ft:2,552 / 2,467DOM:45 / 33New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,377 | $1,415 | $800 – $1,925 | $2 / $2 | 769 / 804 | 12 / 1 | 43 | 87 |
| 2 Beds | $1,531 | $1,544 | $1,070 – $1,800 | $1 / $1 | 1,101 / 1,130 | 5 / 1 | 59 | 120 |
| 3 Beds | $1,856 | $1,850 | $1,000 – $2,400 | $1 / $1 | 1,540 / 1,472 | 19 / 1 | 79 | 203 |
| 4 Beds | $2,179 | $2,150 | $1,795 – $3,080 | $1 / $1 | 2,104 / 2,098 | 12 / 1 | 25 | 54 |
| 5 Beds | $2,303 | $2,245 | $1,765 – $2,800 | $1 / $1 | 2,552 / 2,467 | 45 / 33 | 1 | 6 |
6-Month Sales Trend
Feb 2026
Median Price:$358,750Median DOM:31New:177Total:500
Mar 2026
Median Price:$359,990Median DOM:27New:198Total:537
Apr 2026
Median Price:$365,000Median DOM:23New:218Total:585
May 2026
Median Price:$372,883Median DOM:26New:214Total:586
Jun 2026
Median Price:$372,990Median DOM:28New:202Total:590
Jul 2026
Median Price:$370,000Median DOM:30New:108Total:580
6-Month Rental Trend
Feb 2026
Median Rent:$1,648Median DOM:1New:212Total:383
Mar 2026
Median Rent:$1,651Median DOM:1New:286Total:420
Apr 2026
Median Rent:$1,653Median DOM:1New:282Total:447
May 2026
Median Rent:$1,665Median DOM:1New:277Total:464
Jun 2026
Median Rent:$1,699Median DOM:1New:292Total:468
Jul 2026
Median Rent:$1,719Median DOM:1New:207Total:470
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 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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