ZIP 27527 Housing Market Report
Raleigh Metro
Report period: May 2026
27527 Monthly Market Update – May 2026
ZIP 27527 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$400,000
−1.2%
Median DOM (Sales)
34
−2.9%
New Listings (Sales)
53
−50.0%
Median Rent
$1,910
+1.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
221
−1.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (29 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($575,000 median)
Sales Market Overview
Median Price
$400,000
−1.2%
Median DOM
34
−2.9%
New Listings
53
−50.0%
Inventory
364
+3.1%
- Average Price: $476,468
- Median Price: $400,000
- Price Range: $13,000 – $7,000,000
- Price per Sq Ft (Avg/Median): $194 / $183
- Square Footage (Avg/Median): 2,341 / 2,231
- Square Footage Range: 984 – 6,151
- Days on Market (Avg/Median): 58 / 34
- Days on Market Range: 2 – 365
- New Listings: 53
- Total Listings: 364
Sales by Property Type
Land
Avg/Median Price$1,311,991 / $610,000Range$13,000 – $7,000,000Price per Sq Ft—Sq Ft—DOM117 / 47New3Total11
Manufactured
Avg/Median Price$265,800 / $274,900Range$205,000 – $317,500Price per Sq Ft$174 / $183Sq Ft1,542 / 1,506DOM143 / 181New0Total3
Multi-Family
Avg/Median Price$275,000 / $275,000Range$275,000 – $275,000Price per Sq Ft$249 / $249Sq Ft1,104 / 1,104DOM29 / 29New0Total1
Single Family
Avg/Median Price$472,803 / $419,900Range$249,900 – $1,799,000Price per Sq Ft$199 / $189Sq Ft2,407 / 2,325DOM55 / 34New40Total303
Townhouse
Avg/Median Price$318,929 / $305,000Range$245,000 – $432,141Price per Sq Ft$162 / $162Sq Ft1,986 / 2,028DOM59 / 34New10Total46
Sales by Bedroom Count
2 Beds
Avg:$371,523Median:$387,065Range:$249,900 – $439,000PSF:$234 / $248Sq Ft:1,620 / 1,507DOM:50 / 29New:8Total:19
3 Beds
Avg:$376,837Median:$365,000Range:$205,000 – $775,000PSF:$197 / $189Sq Ft:1,948 / 1,847DOM:58 / 39New:25Total:170
4 Beds
Avg:$531,037Median:$440,000Range:$269,900 – $1,799,000PSF:$190 / $180Sq Ft:2,740 / 2,601DOM:57 / 34New:13Total:134
5 Beds
Avg:$555,621Median:$482,359Range:$349,900 – $1,175,000PSF:$170 / $158Sq Ft:3,230 / 3,059DOM:52 / 25New:3Total:28
6 Beds
Avg:$582,450Median:$575,000Range:$575,000 – $589,900PSF:$171 / $161Sq Ft:3,422 / 3,278DOM:7 / 3New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $371,523 | $387,065 | $249,900 – $439,000 | $234 / $248 | 1,620 / 1,507 | 50 / 29 | 8 | 19 |
| 3 Beds | $376,837 | $365,000 | $205,000 – $775,000 | $197 / $189 | 1,948 / 1,847 | 58 / 39 | 25 | 170 |
| 4 Beds | $531,037 | $440,000 | $269,900 – $1,799,000 | $190 / $180 | 2,740 / 2,601 | 57 / 34 | 13 | 134 |
| 5 Beds | $555,621 | $482,359 | $349,900 – $1,175,000 | $170 / $158 | 3,230 / 3,059 | 52 / 25 | 3 | 28 |
| 6 Beds | $582,450 | $575,000 | $575,000 – $589,900 | $171 / $161 | 3,422 / 3,278 | 7 / 3 | 1 | 2 |
Rental Market Overview
Median Rent
$1,910
+1.9%
Median DOM
1
0.0%
New Listings
90
Inventory
221
−1.8%
- Average Rent: $1,939
- Median Rent: $1,910
- Rent Range: $1,311 – $6,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,731 / 1,678
- Square Footage Range: 740 – 3,122
- Days on Market (Avg/Median): 14 / 1
- Days on Market Range: 1 – 246
- New Listings: 90
- Total Listings: 221
Rentals by Property Type
Apartment
$1,648
Median DOM: 1
Inventory: 64
MoM: +1.9%
Condo
—
Median DOM: —
Inventory: —
MoM: +1.9%
Single Family
$2,080
Median DOM: 1
Inventory: 135
MoM: +1.9%
Townhouse
$1,795
Median DOM: 9
Inventory: 21
MoM: +1.9%
Apartment
Avg/Median Rent$1,591 / $1,648Range$1,311 – $2,026Rent per Sq Ft$2 / $1Sq Ft1,090 / 1,176DOM7 / 1New28Total64
Multi-Family
Avg/Median Rent$1,650 / $1,650Range$1,650 – $1,650Rent per Sq Ft$1 / $1Sq Ft1,364 / 1,364DOM11 / 11New0Total1
Single Family
Avg/Median Rent$2,132 / $2,080Range$1,500 – $6,000Rent per Sq Ft$1 / $1Sq Ft2,049 / 1,990DOM12 / 1New57Total135
Townhouse
Avg/Median Rent$1,769 / $1,795Range$1,475 – $2,055Rent per Sq Ft$1 / $1Sq Ft1,682 / 1,600DOM45 / 9New5Total21
Rentals by Bedroom Count
1 Beds
Avg:$1,411Median:$1,388Range:$1,311 – $1,689PSF:$2 / $2Sq Ft:809 / 827DOM:17 / 1New:2Total:20
2 Beds
Avg:$1,653Median:$1,650Range:$1,481 – $1,755PSF:$1 / $1Sq Ft:1,197 / 1,182DOM:3 / 1New:24Total:42
3 Beds
Avg:$1,918Median:$1,895Range:$1,475 – $2,700PSF:$1 / $1Sq Ft:1,724 / 1,677DOM:21 / 1New:34Total:88
4 Beds
Avg:$2,266Median:$2,150Range:$1,600 – $6,000PSF:$1 / $1Sq Ft:2,289 / 2,351DOM:11 / 1New:27Total:65
5 Beds
Avg:$2,462Median:$2,415Range:$2,135 – $2,899PSF:$1 / $1Sq Ft:2,862 / 2,900DOM:4 / 1New:3Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,411 | $1,388 | $1,311 – $1,689 | $2 / $2 | 809 / 827 | 17 / 1 | 2 | 20 |
| 2 Beds | $1,653 | $1,650 | $1,481 – $1,755 | $1 / $1 | 1,197 / 1,182 | 3 / 1 | 24 | 42 |
| 3 Beds | $1,918 | $1,895 | $1,475 – $2,700 | $1 / $1 | 1,724 / 1,677 | 21 / 1 | 34 | 88 |
| 4 Beds | $2,266 | $2,150 | $1,600 – $6,000 | $1 / $1 | 2,289 / 2,351 | 11 / 1 | 27 | 65 |
| 5 Beds | $2,462 | $2,415 | $2,135 – $2,899 | $1 / $1 | 2,862 / 2,900 | 4 / 1 | 3 | 6 |
6-Month Sales Trend
Dec 2025
Median Price:$410,000Median DOM:75New:57Total:319
Jan 2026
Median Price:$414,900Median DOM:56New:96Total:302
Feb 2026
Median Price:$410,000Median DOM:41New:100Total:320
Mar 2026
Median Price:$414,160Median DOM:32New:108Total:338
Apr 2026
Median Price:$405,000Median DOM:35New:106Total:353
May 2026
Median Price:$400,000Median DOM:34New:53Total:364
6-Month Rental Trend
Dec 2025
Median Rent:$1,849Median DOM:1New:122Total:215
Jan 2026
Median Rent:$1,850Median DOM:1New:114Total:209
Feb 2026
Median Rent:$1,822Median DOM:1New:106Total:197
Mar 2026
Median Rent:$1,849Median DOM:1New:121Total:209
Apr 2026
Median Rent:$1,875Median DOM:1New:127Total:225
May 2026
Median Rent:$1,910Median DOM:1New:90Total:221
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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