ZIP 27524 Housing Market Report
Raleigh Metro
Report period: August 2026
27524 Monthly Market Update – August 2026
ZIP 27524 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$319,900
+3.2%
Median DOM (Sales)
48
0.0%
New Listings (Sales)
5
−87.5%
Median Rent
$1,819
+1.3%
Median DOM (Rental)
38
0.0%
Total Rental Listings
15
−11.8%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (7 DOM)
- Fastest renting: Townhouse (14 DOM)
- Strongest bedroom: 5 Beds ($404,990 median)
Sales Market Overview
Median Price
$319,900
+3.2%
Median DOM
48
0.0%
New Listings
5
−87.5%
Inventory
135
−7.5%
- Average Price: $404,954
- Median Price: $319,900
- Price Range: $60,000 – $3,750,000
- Price per Sq Ft (Avg/Median): $190 / $182
- Square Footage (Avg/Median): 2,021 / 1,893
- Square Footage Range: 675 – 3,543
- Days on Market (Avg/Median): 85 / 48
- Days on Market Range: 3 – 365
- New Listings: 5
- Total Listings: 135
Sales by Property Type
Land
Avg/Median Price$487,146 / $225,000Range$60,000 – $3,241,560Price per Sq Ft—Sq Ft—DOM149 / 165New1Total23
Manufactured
Avg/Median Price$380,000 / $250,000Range$250,000 – $510,000Price per Sq Ft$239 / $136Sq Ft1,662 / 1,489DOM58 / 7New0Total2
Single Family
Avg/Median Price$393,318 / $329,999Range$80,000 – $3,750,000Price per Sq Ft$190 / $182Sq Ft2,050 / 1,900DOM70 / 42New4Total106
Townhouse
Avg/Median Price$253,175 / $249,900Range$249,900 – $256,900Price per Sq Ft$176 / $179Sq Ft1,445 / 1,397DOM171 / 109New0Total4
Sales by Bedroom Count
2 Beds
Avg:$234,678Median:$239,000Range:$95,000 – $330,000PSF:$170 / $169Sq Ft:1,376 / 1,326DOM:32 / 23New:0Total:5
3 Beds
Avg:$319,815Median:$299,999Range:$200,000 – $610,000PSF:$191 / $193Sq Ft:1,724 / 1,573DOM:85 / 61New:0Total:67
4 Beds
Avg:$531,438Median:$390,000Range:$80,000 – $3,750,000PSF:$195 / $174Sq Ft:2,582 / 2,505DOM:62 / 35New:4Total:37
5 Beds
Avg:$400,077Median:$404,990Range:$345,240 – $450,000PSF:$142 / $138Sq Ft:2,809 / 2,886DOM:33 / 32New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $234,678 | $239,000 | $95,000 – $330,000 | $170 / $169 | 1,376 / 1,326 | 32 / 23 | 0 | 5 |
| 3 Beds | $319,815 | $299,999 | $200,000 – $610,000 | $191 / $193 | 1,724 / 1,573 | 85 / 61 | 0 | 67 |
| 4 Beds | $531,438 | $390,000 | $80,000 – $3,750,000 | $195 / $174 | 2,582 / 2,505 | 62 / 35 | 4 | 37 |
| 5 Beds | $400,077 | $404,990 | $345,240 – $450,000 | $142 / $138 | 2,809 / 2,886 | 33 / 32 | 0 | 3 |
Rental Market Overview
Median Rent
$1,819
+1.3%
Median DOM
38
0.0%
New Listings
3
Inventory
15
−11.8%
- Average Rent: $1,865
- Median Rent: $1,819
- Rent Range: $1,300 – $2,900
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,724 / 1,426
- Square Footage Range: 1,250 – 2,821
- Days on Market (Avg/Median): 59 / 38
- Days on Market Range: 1 – 166
- New Listings: 3
- Total Listings: 15
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: +1.3%
Condo
—
Median DOM: —
Inventory: —
MoM: +1.3%
Single Family
$1,870
Median DOM: 30
Inventory: 11
MoM: +1.3%
Townhouse
$1,695
Median DOM: 14
Inventory: 2
MoM: +1.3%
Manufactured
Avg/Median Rent$2,000 / $2,000Range$2,000 – $2,000Rent per Sq Ft—Sq Ft—DOM142 / 142New0Total1
Multi-Family
Avg/Median Rent$1,350 / $1,350Range$1,350 – $1,350Rent per Sq Ft—Sq Ft—DOM142 / 142New0Total1
Single Family
Avg/Median Rent$1,922 / $1,870Range$1,300 – $2,900Rent per Sq Ft$1 / $1Sq Ft1,806 / 1,426DOM34 / 30New3Total11
Townhouse
Avg/Median Rent$1,745 / $1,695Range$1,695 – $1,795Rent per Sq Ft$1 / $1Sq Ft1,314 / 1,314DOM90 / 14New0Total2
Rentals by Bedroom Count
2 Beds
Avg:$1,325Median:$1,300Range:$1,300 – $1,350PSF:—Sq Ft:—DOM:118 / 94New:0Total:2
3 Beds
Avg:$1,828Median:$1,795Range:$1,500 – $2,330PSF:$1 / $1Sq Ft:1,585 / 1,420DOM:46 / 15New:2Total:9
4 Beds
Avg:$2,219Median:$2,000Range:$1,870 – $2,900PSF:$1 / $1Sq Ft:2,142 / 2,180DOM:53 / 30New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,325 | $1,300 | $1,300 – $1,350 | — | — | 118 / 94 | 0 | 2 |
| 3 Beds | $1,828 | $1,795 | $1,500 – $2,330 | $1 / $1 | 1,585 / 1,420 | 46 / 15 | 2 | 9 |
| 4 Beds | $2,219 | $2,000 | $1,870 – $2,900 | $1 / $1 | 2,142 / 2,180 | 53 / 30 | 1 | 4 |
6-Month Sales Trend
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:$309,900Median DOM:48New:40Total:146
Aug 2026
Median Price:$319,900Median DOM:48New:5Total:135
6-Month Rental Trend
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:$1,795Median DOM:38New:5Total:17
Aug 2026
Median Rent:$1,819Median DOM:38New:3Total:15
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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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