ZIP 27529 Housing Market Report

Raleigh Metro

Report period: July 2026

27529 Monthly Market Update – July 2026

ZIP 27529 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$408,155
−0.4%
Median DOM (Sales)
23
+21.1%
New Listings (Sales)
112
−44.6%
Median Rent
$1,573
−0.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
739
+2.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (5 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($1,224,000 median)

Sales Market Overview

Median Price
$408,155
−0.4%
Median DOM
23
+21.1%
New Listings
112
−44.6%
Inventory
509
+0.8%
  • Average Price: $447,338
  • Median Price: $408,155
  • Price Range: $35,000 – $3,500,000
  • Price per Sq Ft (Avg/Median): $197 / $189
  • Square Footage (Avg/Median): 2,245 / 2,107
  • Square Footage Range: 833 – 8,871
  • Days on Market (Avg/Median): 45 / 23
  • Days on Market Range: 1 – 326
  • New Listings: 112
  • Total Listings: 509

Sales by Property Type

Condo
Avg/Median Price$278,000 / $280,000Range$225,000 – $311,999Price per Sq Ft$170 / $163Sq Ft1,655 / 1,616DOM98 / 107New0Total4
Land
Avg/Median Price$652,111 / $164,900Range$35,000 – $3,500,000Price per Sq FtSq FtDOM117 / 121New1Total27
Manufactured
Avg/Median Price$267,500 / $267,500Range$267,500 – $267,500Price per Sq Ft$130 / $130Sq Ft2,050 / 2,050DOM14 / 14New0Total1
Multi-Family
Avg/Median Price$353,262 / $364,880Range$234,417 – $419,900Price per Sq Ft$197 / $200Sq Ft1,805 / 1,826DOM9 / 5New5Total7
Single Family
Avg/Median Price$471,084 / $439,075Range$223,000 – $2,249,000Price per Sq Ft$199 / $190Sq Ft2,408 / 2,413DOM42 / 22New77Total370
Townhouse
Avg/Median Price$319,342 / $319,500Range$210,000 – $440,000Price per Sq Ft$189 / $188Sq Ft1,700 / 1,616DOM35 / 18New29Total100

Sales by Bedroom Count

1 Beds
Avg:$229,900Median:$229,900Range:$229,900 – $229,900PSF:$276 / $276Sq Ft:833 / 833DOM:112 / 112New:0Total:1
2 Beds
Avg:$258,475Median:$225,000Range:$215,000 – $349,000PSF:$201 / $189Sq Ft:1,320 / 1,286DOM:50 / 36New:1Total:4
3 Beds
Avg:$366,616Median:$347,865Range:$210,000 – $825,000PSF:$205 / $199Sq Ft:1,815 / 1,747DOM:38 / 23New:60Total:249
4 Beds
Avg:$495,113Median:$443,560Range:$223,000 – $2,249,000PSF:$193 / $182Sq Ft:2,526 / 2,532DOM:47 / 19New:33Total:147
5 Beds
Avg:$545,306Median:$516,000Range:$394,900 – $1,799,900PSF:$178 / $174Sq Ft:3,047 / 2,937DOM:34 / 10New:17Total:77
6 Beds
Avg:$514,133Median:$510,000Range:$419,900 – $612,500PSF:$167 / $166Sq Ft:3,087 / 3,192DOM:74 / 37New:0Total:3
7 Beds
Avg:$1,224,000Median:$1,224,000Range:$1,224,000 – $1,224,000PSF:$138 / $138Sq Ft:8,871 / 8,871DOM:115 / 115New:0Total:1

Rental Market Overview

Median Rent
$1,573
−0.4%
Median DOM
1
0.0%
New Listings
356
Inventory
739
+2.8%
  • Average Rent: $1,687
  • Median Rent: $1,573
  • Rent Range: $695 – $4,958
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,277 / 1,128
  • Square Footage Range: 425 – 6,128
  • Days on Market (Avg/Median): 7 / 1
  • Days on Market Range: 1 – 266
  • New Listings: 356
  • Total Listings: 739

Rentals by Property Type

Apartment
$1,466
Median DOM: 1
Inventory: 526
MoM: −0.4%
Condo
Median DOM:
Inventory:
MoM: −0.4%
Single Family
$2,215
Median DOM: 1
Inventory: 169
MoM: −0.4%
Townhouse
$1,950
Median DOM: 15
Inventory: 41
MoM: −0.4%
Apartment
Avg/Median Rent$1,496 / $1,466Range$999 – $4,958Rent per Sq Ft$2 / $2Sq Ft1,004 / 1,065DOM2 / 1New287Total526
Manufactured
Avg/Median Rent$1,250 / $1,250Range$1,250 – $1,250Rent per Sq Ft$1 / $1Sq Ft980 / 980DOM31 / 31New0Total1
Multi-Family
Avg/Median Rent$1,450 / $1,350Range$1,350 – $1,550Rent per Sq Ft$1 / $1Sq Ft1,150 / 1,100DOM21 / 20New0Total2
Single Family
Avg/Median Rent$2,244 / $2,215Range$695 – $3,850Rent per Sq Ft$1 / $1Sq Ft2,116 / 2,061DOM19 / 1New56Total169
Townhouse
Avg/Median Rent$1,863 / $1,950Range$1,095 – $2,795Rent per Sq Ft$1 / $1Sq Ft1,668 / 1,558DOM20 / 15New13Total41

Rentals by Bedroom Count

Studio
Avg:$2,595Median:$2,595Range:$2,595 – $2,595PSF:$1 / $1Sq Ft:3,200 / 3,200DOM:10 / 10New:1Total:1
1 Beds
Avg:$1,347Median:$1,364Range:$695 – $1,664PSF:$2 / $2Sq Ft:796 / 792DOM:2 / 1New:112Total:210
2 Beds
Avg:$1,541Median:$1,565Range:$1,049 – $2,100PSF:$1 / $1Sq Ft:1,095 / 1,114DOM:3 / 1New:147Total:262
3 Beds
Avg:$1,876Median:$1,895Range:$1,357 – $3,100PSF:$1 / $1Sq Ft:1,517 / 1,387DOM:12 / 1New:67Total:172
4 Beds
Avg:$2,387Median:$2,300Range:$1,350 – $3,850PSF:$1 / $1Sq Ft:2,346 / 2,303DOM:21 / 1New:21Total:66
5 Beds
Avg:$2,752Median:$2,650Range:$2,290 – $4,958PSF:$1 / $1Sq Ft:3,036 / 2,937DOM:21 / 11New:8Total:27
6 Beds
Avg:$2,750Median:$2,750Range:$2,750 – $2,750PSF:$1 / $1Sq Ft:3,011 / 3,011DOM:13 / 13New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$400,000Median DOM:22New:171Total:450
Mar 2026
Median Price:$400,000Median DOM:19New:180Total:453
Apr 2026
Median Price:$400,000Median DOM:18New:199Total:496
May 2026
Median Price:$400,000Median DOM:18New:183Total:504
Jun 2026
Median Price:$409,900Median DOM:19New:202Total:505
Jul 2026
Median Price:$408,155Median DOM:23New:112Total:509

6-Month Rental Trend

Feb 2026
Median Rent:$1,640Median DOM:1New:377Total:578
Mar 2026
Median Rent:$1,609Median DOM:1New:444Total:662
Apr 2026
Median Rent:$1,610Median DOM:1New:452Total:680
May 2026
Median Rent:$1,600Median DOM:1New:475Total:710
Jun 2026
Median Rent:$1,579Median DOM:1New:470Total:719
Jul 2026
Median Rent:$1,573Median DOM:1New:356Total:739

Key Market Takeaways

Median sale prices softened 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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