ZIP 27523 Housing Market Report
Raleigh Metro
Report period: July 2026
27523 Monthly Market Update – July 2026
ZIP 27523 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$735,000
0.0%
Median DOM (Sales)
32
0.0%
New Listings (Sales)
50
−39.0%
Median Rent
$1,719
+3.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
309
+2.7%
Month-over-Month Movement
Median sale prices were flat. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (4 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($1,695,000 median)
Sales Market Overview
Median Price
$735,000
0.0%
Median DOM
32
0.0%
New Listings
50
−39.0%
Inventory
216
−0.9%
- Average Price: $845,743
- Median Price: $735,000
- Price Range: $100,000 – $3,850,000
- Price per Sq Ft (Avg/Median): $277 / $255
- Square Footage (Avg/Median): 2,971 / 2,760
- Square Footage Range: 1,500 – 6,256
- Days on Market (Avg/Median): 62 / 32
- Days on Market Range: 2 – 361
- New Listings: 50
- Total Listings: 216
Sales by Property Type
Land
Avg/Median Price$820,200 / $730,000Range$100,000 – $2,799,000Price per Sq Ft—Sq Ft—DOM150 / 66New0Total20
Manufactured
Avg/Median Price$490,000 / $490,000Range$490,000 – $490,000Price per Sq Ft$277 / $277Sq Ft1,769 / 1,769DOM4 / 4New0Total1
Single Family
Avg/Median Price$1,076,568 / $860,250Range$468,000 – $3,850,000Price per Sq Ft$306 / $274Sq Ft3,497 / 3,300DOM47 / 22New30Total118
Townhouse
Avg/Median Price$503,265 / $515,000Range$330,000 – $639,900Price per Sq Ft$232 / $234Sq Ft2,181 / 2,227DOM65 / 32New20Total77
Sales by Bedroom Count
2 Beds
Avg:$1,233,780Median:$699,000Range:$330,000 – $3,850,000PSF:$505 / $274Sq Ft:2,237 / 2,085DOM:43 / 20New:0Total:5
3 Beds
Avg:$551,508Median:$519,000Range:$419,000 – $1,050,000PSF:$249 / $243Sq Ft:2,227 / 2,152DOM:67 / 32New:5Total:47
4 Beds
Avg:$733,199Median:$640,000Range:$365,000 – $2,575,000PSF:$262 / $244Sq Ft:2,727 / 2,641DOM:51 / 22New:27Total:84
5 Beds
Avg:$1,178,416Median:$949,900Range:$579,000 – $2,375,000PSF:$301 / $278Sq Ft:3,833 / 3,592DOM:46 / 17New:16Total:53
6 Beds
Avg:$1,262,975Median:$1,129,900Range:$825,000 – $1,648,000PSF:$264 / $225Sq Ft:4,768 / 4,282DOM:41 / 17New:1Total:4
7 Beds
Avg:$1,696,667Median:$1,695,000Range:$1,100,000 – $2,295,000PSF:$330 / $367Sq Ft:5,065 / 4,570DOM:88 / 59New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,233,780 | $699,000 | $330,000 – $3,850,000 | $505 / $274 | 2,237 / 2,085 | 43 / 20 | 0 | 5 |
| 3 Beds | $551,508 | $519,000 | $419,000 – $1,050,000 | $249 / $243 | 2,227 / 2,152 | 67 / 32 | 5 | 47 |
| 4 Beds | $733,199 | $640,000 | $365,000 – $2,575,000 | $262 / $244 | 2,727 / 2,641 | 51 / 22 | 27 | 84 |
| 5 Beds | $1,178,416 | $949,900 | $579,000 – $2,375,000 | $301 / $278 | 3,833 / 3,592 | 46 / 17 | 16 | 53 |
| 6 Beds | $1,262,975 | $1,129,900 | $825,000 – $1,648,000 | $264 / $225 | 4,768 / 4,282 | 41 / 17 | 1 | 4 |
| 7 Beds | $1,696,667 | $1,695,000 | $1,100,000 – $2,295,000 | $330 / $367 | 5,065 / 4,570 | 88 / 59 | 1 | 3 |
Rental Market Overview
Median Rent
$1,719
+3.0%
Median DOM
1
0.0%
New Listings
141
Inventory
309
+2.7%
- Average Rent: $1,832
- Median Rent: $1,719
- Rent Range: $1,103 – $4,350
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,222 / 1,074
- Square Footage Range: 645 – 3,750
- Days on Market (Avg/Median): 6 / 1
- Days on Market Range: 1 – 304
- New Listings: 141
- Total Listings: 309
Rentals by Property Type
Apartment
$1,597
Median DOM: 1
Inventory: 251
MoM: +3.0%
Condo
—
Median DOM: —
Inventory: —
MoM: +3.0%
Single Family
$2,600
Median DOM: 5
Inventory: 20
MoM: +3.0%
Townhouse
$2,424
Median DOM: 18
Inventory: 36
MoM: +3.0%
Apartment
Avg/Median Rent$1,668 / $1,597Range$1,103 – $2,529Rent per Sq Ft$2 / $2Sq Ft1,016 / 1,050DOM2 / 1New131Total251
Multi-Family
Avg/Median Rent$1,772 / $1,350Range$1,350 – $2,195Rent per Sq Ft$1 / $1Sq Ft1,500 / 1,500DOM115 / 56New0Total2
Single Family
Avg/Median Rent$2,801 / $2,600Range$1,900 – $4,350Rent per Sq Ft$1 / $1Sq Ft2,440 / 2,400DOM19 / 5New6Total20
Townhouse
Avg/Median Rent$2,443 / $2,424Range$1,895 – $3,000Rent per Sq Ft$1 / $1Sq Ft2,033 / 1,918DOM22 / 18New4Total36
Rentals by Bedroom Count
Studio
Avg:$1,423Median:$1,419Range:$1,332 – $1,522PSF:$2 / $2Sq Ft:648 / 645DOM:4 / 1New:2Total:4
1 Beds
Avg:$1,475Median:$1,449Range:$1,103 – $1,848PSF:$2 / $2Sq Ft:807 / 799DOM:4 / 1New:61Total:110
2 Beds
Avg:$1,769Median:$1,787Range:$1,310 – $2,529PSF:$2 / $2Sq Ft:1,162 / 1,086DOM:3 / 1New:50Total:107
3 Beds
Avg:$2,205Median:$2,179Range:$1,702 – $3,000PSF:$1 / $1Sq Ft:1,587 / 1,429DOM:14 / 1New:22Total:62
4 Beds
Avg:$2,564Median:$2,550Range:$2,195 – $3,200PSF:$1 / $1Sq Ft:2,343 / 2,386DOM:12 / 11New:4Total:20
5 Beds
Avg:$3,466Median:$3,200Range:$2,895 – $4,350PSF:$1 / $1Sq Ft:3,163 / 3,200DOM:16 / 3New:2Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,423 | $1,419 | $1,332 – $1,522 | $2 / $2 | 648 / 645 | 4 / 1 | 2 | 4 |
| 1 Beds | $1,475 | $1,449 | $1,103 – $1,848 | $2 / $2 | 807 / 799 | 4 / 1 | 61 | 110 |
| 2 Beds | $1,769 | $1,787 | $1,310 – $2,529 | $2 / $2 | 1,162 / 1,086 | 3 / 1 | 50 | 107 |
| 3 Beds | $2,205 | $2,179 | $1,702 – $3,000 | $1 / $1 | 1,587 / 1,429 | 14 / 1 | 22 | 62 |
| 4 Beds | $2,564 | $2,550 | $2,195 – $3,200 | $1 / $1 | 2,343 / 2,386 | 12 / 11 | 4 | 20 |
| 5 Beds | $3,466 | $3,200 | $2,895 – $4,350 | $1 / $1 | 3,163 / 3,200 | 16 / 3 | 2 | 6 |
6-Month Sales Trend
Feb 2026
Median Price:$649,900Median DOM:27New:67Total:204
Mar 2026
Median Price:$659,000Median DOM:26New:81Total:198
Apr 2026
Median Price:$719,999Median DOM:19New:88Total:223
May 2026
Median Price:$730,000Median DOM:24New:74Total:221
Jun 2026
Median Price:$735,000Median DOM:32New:82Total:218
Jul 2026
Median Price:$735,000Median DOM:32New:50Total:216
6-Month Rental Trend
Feb 2026
Median Rent:$1,649Median DOM:1New:228Total:318
Mar 2026
Median Rent:$1,636Median DOM:1New:186Total:325
Apr 2026
Median Rent:$1,665Median DOM:1New:196Total:298
May 2026
Median Rent:$1,654Median DOM:1New:208Total:299
Jun 2026
Median Rent:$1,669Median DOM:1New:187Total:301
Jul 2026
Median Rent:$1,719Median DOM:1New:141Total:309
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market were unchanged, signaling steady 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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