ZIP 27527 Housing Market Report

Raleigh Metro

Report period: July 2026

27527 Monthly Market Update – July 2026

ZIP 27527 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$400,000
0.0%
Median DOM (Sales)
43
+7.5%
New Listings (Sales)
50
−56.5%
Median Rent
$1,935
+0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
228
+8.1%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (9 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($575,000 median)

Sales Market Overview

Median Price
$400,000
0.0%
Median DOM
43
+7.5%
New Listings
50
−56.5%
Inventory
388
+0.3%
  • Average Price: $486,117
  • Median Price: $400,000
  • Price Range: $13,000 – $7,000,000
  • Price per Sq Ft (Avg/Median): $192 / $180
  • Square Footage (Avg/Median): 2,384 / 2,260
  • Square Footage Range: 984 – 6,151
  • Days on Market (Avg/Median): 61 / 43
  • Days on Market Range: 1 – 347
  • New Listings: 50
  • Total Listings: 388

Sales by Property Type

Land
Avg/Median Price$1,464,417 / $585,000Range$13,000 – $7,000,000Price per Sq FtSq FtDOM128 / 66New1Total12
Manufactured
Avg/Median Price$239,900 / $249,999Range$135,000 – $279,900Price per Sq Ft$153 / $166Sq Ft1,602 / 1,354DOM22 / 9New0Total6
Single Family
Avg/Median Price$478,628 / $419,900Range$230,000 – $1,799,000Price per Sq Ft$196 / $185Sq Ft2,456 / 2,388DOM60 / 44New33Total318
Townhouse
Avg/Median Price$334,566 / $345,000Range$240,000 – $427,141Price per Sq Ft$166 / $164Sq Ft2,035 / 2,174DOM58 / 23New16Total52

Sales by Bedroom Count

2 Beds
Avg:$373,055Median:$388,270Range:$230,000 – $499,000PSF:$237 / $242Sq Ft:1,591 / 1,507DOM:44 / 11New:9Total:24
3 Beds
Avg:$369,204Median:$354,900Range:$135,000 – $775,000PSF:$195 / $189Sq Ft:1,924 / 1,815DOM:68 / 49New:10Total:157
4 Beds
Avg:$508,152Median:$425,000Range:$249,999 – $1,799,000PSF:$185 / $177Sq Ft:2,686 / 2,592DOM:58 / 44New:26Total:149
5 Beds
Avg:$621,686Median:$539,000Range:$347,000 – $1,375,000PSF:$179 / $162Sq Ft:3,391 / 3,292DOM:42 / 37New:4Total:43
6 Beds
Avg:$558,330Median:$575,000Range:$499,990 – $600,000PSF:$164 / $161Sq Ft:3,392 / 3,481DOM:15 / 10New:0Total:3

Rental Market Overview

Median Rent
$1,935
+0.3%
Median DOM
1
0.0%
New Listings
83
Inventory
228
+8.1%
  • Average Rent: $1,958
  • Median Rent: $1,935
  • Rent Range: $800 – $6,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,760 / 1,702
  • Square Footage Range: 740 – 3,316
  • Days on Market (Avg/Median): 11 / 1
  • Days on Market Range: 1 – 133
  • New Listings: 83
  • Total Listings: 228

Rentals by Property Type

Apartment
$1,500
Median DOM: 1
Inventory: 59
MoM: +0.3%
Condo
$1,600
Median DOM: 1
Inventory: 1
MoM: +0.3%
Single Family
$2,115
Median DOM: 1
Inventory: 147
MoM: +0.3%
Townhouse
$1,750
Median DOM: 19
Inventory: 20
MoM: +0.3%
Apartment
Avg/Median Rent$1,557 / $1,500Range$1,290 – $1,895Rent per Sq Ft$1 / $1Sq Ft1,105 / 1,176DOM3 / 1New21Total59
Condo
Avg/Median Rent$1,600 / $1,600Range$1,600 – $1,600Rent per Sq Ft$2 / $2Sq Ft1,039 / 1,039DOM1 / 1New1Total1
Multi-Family
Avg/Median Rent$1,550 / $1,550Range$1,550 – $1,550Rent per Sq Ft$1 / $1Sq Ft1,116 / 1,116DOM9 / 9New0Total1
Single Family
Avg/Median Rent$2,157 / $2,115Range$1,600 – $6,000Rent per Sq Ft$1 / $1Sq Ft2,061 / 1,932DOM12 / 1New55Total147
Townhouse
Avg/Median Rent$1,717 / $1,750Range$800 – $2,055Rent per Sq Ft$1 / $1Sq Ft1,581 / 1,600DOM30 / 19New6Total20

Rentals by Bedroom Count

1 Beds
Avg:$1,377Median:$1,388Range:$800 – $1,689PSF:$2 / $2Sq Ft:826 / 835DOM:10 / 1New:5Total:18
2 Beds
Avg:$1,550Median:$1,542Range:$1,438 – $1,710PSF:$1 / $1Sq Ft:1,164 / 1,182DOM:2 / 1New:11Total:36
3 Beds
Avg:$1,946Median:$1,895Range:$1,650 – $2,500PSF:$1 / $1Sq Ft:1,718 / 1,674DOM:17 / 1New:41Total:103
4 Beds
Avg:$2,288Median:$2,215Range:$1,600 – $6,000PSF:$1 / $1Sq Ft:2,304 / 2,300DOM:9 / 1New:22Total:61
5 Beds
Avg:$2,590Median:$2,495Range:$2,250 – $3,350PSF:$1 / $1Sq Ft:2,806 / 2,853DOM:13 / 1New:4Total:10

6-Month Sales Trend

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:$399,990Median DOM:40New:107Total:375
Jun 2026
Median Price:$400,000Median DOM:40New:115Total:387
Jul 2026
Median Price:$400,000Median DOM:43New:50Total:388

6-Month Rental Trend

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:$1,925Median DOM:1New:138Total:216
Jun 2026
Median Rent:$1,930Median DOM:1New:116Total:211
Jul 2026
Median Rent:$1,935Median DOM:1New:83Total:228

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. 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.

← Back to Raleigh Metro