ZIP 27524 Housing Market Report

Raleigh Metro

Report period: July 2026

27524 Monthly Market Update – July 2026

ZIP 27524 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$314,999
+0.0%
Median DOM (Sales)
50
−9.1%
New Listings (Sales)
14
−56.3%
Median Rent
$1,750
0.0%
Median DOM (Rental)
24
−7.7%
Total Rental Listings
20
+11.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (36 DOM)
  • Fastest renting: Single Family (15 DOM)
  • Strongest bedroom: 5 Beds ($479,900 median)

Sales Market Overview

Median Price
$314,999
+0.0%
Median DOM
50
−9.1%
New Listings
14
−56.3%
Inventory
137
+4.6%
  • Average Price: $383,342
  • Median Price: $314,999
  • Price Range: $60,000 – $3,750,000
  • Price per Sq Ft (Avg/Median): $196 / $187
  • Square Footage (Avg/Median): 1,986 / 1,721
  • Square Footage Range: 675 – 3,543
  • Days on Market (Avg/Median): 86 / 50
  • Days on Market Range: 1 – 365
  • New Listings: 14
  • Total Listings: 137

Sales by Property Type

Land
Avg/Median Price$317,470 / $225,000Range$60,000 – $1,175,000Price per Sq FtSq FtDOM155 / 165New2Total23
Manufactured
Avg/Median Price$374,500 / $239,000Range$239,000 – $510,000Price per Sq Ft$270 / $197Sq Ft1,352 / 1,216DOM73 / 68New0Total2
Single Family
Avg/Median Price$403,779 / $330,000Range$95,000 – $3,750,000Price per Sq Ft$195 / $188Sq Ft2,026 / 1,829DOM70 / 36New12Total107
Townhouse
Avg/Median Price$252,540 / $249,999Range$249,900 – $256,900Price per Sq Ft$186 / $179Sq Ft1,378 / 1,397DOM160 / 78New0Total5

Sales by Bedroom Count

2 Beds
Avg:$214,997Median:$185,000Range:$95,000 – $364,990PSF:$158 / $141Sq Ft:1,297 / 1,326DOM:34 / 17New:0Total:3
3 Beds
Avg:$322,874Median:$295,000Range:$175,000 – $799,999PSF:$194 / $196Sq Ft:1,698 / 1,575DOM:84 / 55New:5Total:75
4 Beds
Avg:$570,310Median:$468,680Range:$290,000 – $3,750,000PSF:$207 / $177Sq Ft:2,623 / 2,443DOM:57 / 29New:7Total:34
5 Beds
Avg:$482,450Median:$479,900Range:$479,900 – $485,000PSF:$161 / $158Sq Ft:2,992 / 2,938DOM:71 / 15New:0Total:2

Rental Market Overview

Median Rent
$1,750
0.0%
Median DOM
24
−7.7%
New Listings
3
Inventory
20
+11.1%
  • Average Rent: $1,886
  • Median Rent: $1,750
  • Rent Range: $1,000 – $3,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,630 / 1,450
  • Square Footage Range: 800 – 2,821
  • Days on Market (Avg/Median): 42 / 24
  • Days on Market Range: 1 – 135
  • New Listings: 3
  • Total Listings: 20

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,879
Median DOM: 15
Inventory: 15
MoM: 0.0%
Townhouse
$1,695
Median DOM: 24
Inventory: 2
MoM: 0.0%
Manufactured
Avg/Median Rent$1,875 / $1,750Range$1,750 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,748 / 1,748DOM78 / 44New0Total2
Multi-Family
Avg/Median Rent$1,350 / $1,350Range$1,350 – $1,350Rent per Sq FtSq FtDOM111 / 111New0Total1
Single Family
Avg/Median Rent$1,948 / $1,879Range$1,000 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,666 / 1,450DOM25 / 15New3Total15
Townhouse
Avg/Median Rent$1,695 / $1,695Range$1,695 – $1,695Rent per Sq Ft$1 / $1Sq Ft1,314 / 1,314DOM80 / 24New0Total2

Rentals by Bedroom Count

2 Beds
Avg:$1,217Median:$1,300Range:$1,000 – $1,350PSF:$1 / $1Sq Ft:800 / 800DOM:72 / 94New:0Total:3
3 Beds
Avg:$1,958Median:$1,799Range:$1,500 – $3,500PSF:$1 / $1Sq Ft:1,595 / 1,426DOM:29 / 15New:3Total:14
4 Beds
Avg:$2,217Median:$2,000Range:$1,750 – $2,900PSF:$1 / $1Sq Ft:2,284 / 1,748DOM:63 / 44New:0Total:3

6-Month Sales Trend

Feb 2026
Median Price:$320,000Median DOM:93New:22Total:167
Mar 2026
Median Price:$313,490Median DOM:70New:40Total:171
Apr 2026
Median Price:$320,000Median DOM:63New:13Total:162
May 2026
Median Price:$318,530Median DOM:62New:34Total:144
Jun 2026
Median Price:$314,900Median DOM:55New:32Total:131
Jul 2026
Median Price:$314,999Median DOM:50New:14Total:137

6-Month Rental Trend

Feb 2026
Median Rent:$1,850Median DOM:74New:3Total:12
Mar 2026
Median Rent:$1,795Median DOM:22New:8Total:17
Apr 2026
Median Rent:$1,710Median DOM:28New:3Total:18
May 2026
Median Rent:$1,745Median DOM:24New:4Total:18
Jun 2026
Median Rent:$1,750Median DOM:26New:3Total:18
Jul 2026
Median Rent:$1,750Median DOM:24New:3Total:20

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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