ZIP 27527 Housing Market Report
Raleigh Metro
Report period: August 2026
27527 Monthly Market Update – August 2026
ZIP 27527 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$399,900
0.0%
Median DOM (Sales)
49
+2.1%
New Listings (Sales)
48
−58.3%
Median Rent
$1,950
−2.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
233
+3.6%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (23 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($600,000 median)
Sales Market Overview
Median Price
$399,900
0.0%
Median DOM
49
+2.1%
New Listings
48
−58.3%
Inventory
404
+0.5%
- Average Price: $484,954
- Median Price: $399,900
- Price Range: $13,000 – $7,000,000
- Price per Sq Ft (Avg/Median): $191 / $180
- Square Footage (Avg/Median): 2,392 / 2,266
- Square Footage Range: 984 – 6,151
- Days on Market (Avg/Median): 63 / 49
- Days on Market Range: 2 – 347
- New Listings: 48
- Total Listings: 404
Sales by Property Type
Land
Avg/Median Price$1,374,838 / $575,000Range$13,000 – $7,000,000Price per Sq Ft—Sq Ft—DOM139 / 95New1Total13
Manufactured
Avg/Median Price$247,286 / $270,000Range$135,000 – $297,200Price per Sq Ft$153 / $165Sq Ft1,641 / 1,680DOM44 / 64New0Total7
Single Family
Avg/Median Price$483,802 / $420,000Range$200,000 – $1,799,000Price per Sq Ft$195 / $187Sq Ft2,490 / 2,428DOM64 / 51New29Total324
Townhouse
Avg/Median Price$326,099 / $339,900Range$203,500 – $429,212Price per Sq Ft$169 / $164Sq Ft1,952 / 2,120DOM44 / 23New18Total60
Sales by Bedroom Count
2 Beds
Avg:$346,041Median:$375,000Range:$200,000 – $467,500PSF:$233 / $233Sq Ft:1,481 / 1,507DOM:63 / 51New:6Total:23
3 Beds
Avg:$374,173Median:$359,800Range:$135,000 – $770,000PSF:$193 / $189Sq Ft:1,967 / 1,822DOM:64 / 45New:18Total:171
4 Beds
Avg:$506,043Median:$420,000Range:$249,999 – $1,799,000PSF:$184 / $175Sq Ft:2,702 / 2,593DOM:59 / 46New:20Total:150
5 Beds
Avg:$632,062Median:$545,000Range:$335,000 – $1,300,000PSF:$184 / $163Sq Ft:3,365 / 3,292DOM:51 / 50New:3Total:44
6 Beds
Avg:$796,300Median:$600,000Range:$489,000 – $1,299,900PSF:$197 / $172Sq Ft:3,848 / 3,481DOM:28 / 20New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $346,041 | $375,000 | $200,000 – $467,500 | $233 / $233 | 1,481 / 1,507 | 63 / 51 | 6 | 23 |
| 3 Beds | $374,173 | $359,800 | $135,000 – $770,000 | $193 / $189 | 1,967 / 1,822 | 64 / 45 | 18 | 171 |
| 4 Beds | $506,043 | $420,000 | $249,999 – $1,799,000 | $184 / $175 | 2,702 / 2,593 | 59 / 46 | 20 | 150 |
| 5 Beds | $632,062 | $545,000 | $335,000 – $1,300,000 | $184 / $163 | 3,365 / 3,292 | 51 / 50 | 3 | 44 |
| 6 Beds | $796,300 | $600,000 | $489,000 – $1,299,900 | $197 / $172 | 3,848 / 3,481 | 28 / 20 | 0 | 3 |
Rental Market Overview
Median Rent
$1,950
−2.3%
Median DOM
1
0.0%
New Listings
90
Inventory
233
+3.6%
- Average Rent: $1,973
- Median Rent: $1,950
- Rent Range: $1,290 – $4,625
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,763 / 1,675
- Square Footage Range: 740 – 3,316
- Days on Market (Avg/Median): 15 / 1
- Days on Market Range: 1 – 326
- New Listings: 90
- Total Listings: 233
Rentals by Property Type
Apartment
$1,551
Median DOM: 1
Inventory: 63
MoM: −2.3%
Condo
$1,600
Median DOM: 1
Inventory: 1
MoM: −2.3%
Single Family
$2,135
Median DOM: 1
Inventory: 150
MoM: −2.3%
Townhouse
$1,725
Median DOM: 19
Inventory: 17
MoM: −2.3%
Apartment
Avg/Median Rent$1,601 / $1,551Range$1,290 – $2,266Rent per Sq Ft$2 / $1Sq Ft1,097 / 1,176DOM3 / 1New34Total63
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$1,472 / $1,395Range$1,395 – $1,550Rent per Sq Ft$1 / $1Sq Ft1,086 / 1,057DOM8 / 7New1Total2
Single Family
Avg/Median Rent$2,167 / $2,135Range$1,600 – $4,625Rent per Sq Ft$1 / $1Sq Ft2,089 / 1,978DOM20 / 1New47Total150
Townhouse
Avg/Median Rent$1,719 / $1,725Range$1,550 – $2,055Rent per Sq Ft$1 / $1Sq Ft1,552 / 1,600DOM28 / 19New7Total17
Rentals by Bedroom Count
1 Beds
Avg:$1,489Median:$1,416Range:$1,290 – $1,707PSF:$2 / $2Sq Ft:811 / 740DOM:9 / 1New:11Total:20
2 Beds
Avg:$1,558Median:$1,550Range:$1,395 – $1,745PSF:$1 / $1Sq Ft:1,175 / 1,182DOM:4 / 1New:17Total:39
3 Beds
Avg:$1,964Median:$1,935Range:$1,595 – $2,750PSF:$1 / $1Sq Ft:1,723 / 1,668DOM:21 / 1New:38Total:100
4 Beds
Avg:$2,282Median:$2,200Range:$1,600 – $4,625PSF:$1 / $1Sq Ft:2,306 / 2,325DOM:16 / 1New:21Total:62
5 Beds
Avg:$2,604Median:$2,599Range:$2,250 – $3,350PSF:$1 / $1Sq Ft:2,863 / 2,900DOM:17 / 1New:3Total:12
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,489 | $1,416 | $1,290 – $1,707 | $2 / $2 | 811 / 740 | 9 / 1 | 11 | 20 |
| 2 Beds | $1,558 | $1,550 | $1,395 – $1,745 | $1 / $1 | 1,175 / 1,182 | 4 / 1 | 17 | 39 |
| 3 Beds | $1,964 | $1,935 | $1,595 – $2,750 | $1 / $1 | 1,723 / 1,668 | 21 / 1 | 38 | 100 |
| 4 Beds | $2,282 | $2,200 | $1,600 – $4,625 | $1 / $1 | 2,306 / 2,325 | 16 / 1 | 21 | 62 |
| 5 Beds | $2,604 | $2,599 | $2,250 – $3,350 | $1 / $1 | 2,863 / 2,900 | 17 / 1 | 3 | 12 |
6-Month Sales Trend
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:$399,900Median DOM:48New:115Total:402
Aug 2026
Median Price:$399,900Median DOM:49New:48Total:404
6-Month Rental Trend
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:$1,995Median DOM:1New:117Total:225
Aug 2026
Median Rent:$1,950Median DOM:1New:90Total:233
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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