ZIP 27529 Housing Market Report

Raleigh Metro

Report period: August 2026

27529 Monthly Market Update – August 2026

ZIP 27529 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$410,000
+0.9%
Median DOM (Sales)
32
+6.7%
New Listings (Sales)
105
−34.8%
Median Rent
$1,573
−0.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
738
+4.1%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (7 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($1,174,000 median)

Sales Market Overview

Median Price
$410,000
+0.9%
Median DOM
32
+6.7%
New Listings
105
−34.8%
Inventory
484
−3.6%
  • Average Price: $443,658
  • Median Price: $410,000
  • Price Range: $35,000 – $3,500,000
  • Price per Sq Ft (Avg/Median): $194 / $186
  • Square Footage (Avg/Median): 2,266 / 2,146
  • Square Footage Range: 833 – 8,871
  • Days on Market (Avg/Median): 53 / 32
  • Days on Market Range: 1 – 356
  • New Listings: 105
  • Total Listings: 484

Sales by Property Type

Condo
Avg/Median Price$264,967 / $280,000Range$225,000 – $289,900Price per Sq Ft$161 / $163Sq Ft1,668 / 1,714DOM99 / 118New0Total3
Land
Avg/Median Price$653,185 / $159,900Range$35,000 – $3,500,000Price per Sq FtSq FtDOM135 / 143New1Total27
Multi-Family
Avg/Median Price$364,736 / $354,880Range$339,000 – $419,900Price per Sq Ft$191 / $191Sq Ft1,920 / 1,826DOM14 / 7New5Total6
Single Family
Avg/Median Price$464,544 / $439,000Range$219,900 – $2,249,000Price per Sq Ft$196 / $187Sq Ft2,427 / 2,440DOM50 / 32New72Total354
Townhouse
Avg/Median Price$315,556 / $314,999Range$215,000 – $393,785Price per Sq Ft$187 / $184Sq Ft1,702 / 1,616DOM40 / 14New27Total94

Sales by Bedroom Count

Studio
Avg:$284,950Median:$249,900Range:$249,900 – $320,000PSF:$232 / $175Sq Ft:1,346 / 864DOM:10 / 10New:1Total:2
1 Beds
Avg:$219,900Median:$219,900Range:$219,900 – $219,900PSF:$264 / $264Sq Ft:833 / 833DOM:142 / 142New:0Total:1
2 Beds
Avg:$281,814Median:$234,900Range:$215,000 – $379,900PSF:$203 / $197Sq Ft:1,403 / 1,297DOM:42 / 13New:2Total:7
3 Beds
Avg:$366,548Median:$347,865Range:$220,000 – $799,900PSF:$202 / $195Sq Ft:1,845 / 1,805DOM:47 / 33New:48Total:233
4 Beds
Avg:$480,364Median:$444,000Range:$223,000 – $2,249,000PSF:$188 / $179Sq Ft:2,533 / 2,551DOM:52 / 27New:32Total:135
5 Beds
Avg:$551,776Median:$519,600Range:$390,900 – $1,799,900PSF:$177 / $172Sq Ft:3,098 / 2,950DOM:41 / 13New:21Total:75
6 Beds
Avg:$506,600Median:$500,000Range:$419,900 – $599,900PSF:$165 / $163Sq Ft:3,087 / 3,192DOM:85 / 53New:0Total:3
7 Beds
Avg:$1,174,000Median:$1,174,000Range:$1,174,000 – $1,174,000PSF:$132 / $132Sq Ft:8,871 / 8,871DOM:145 / 145New:0Total:1

Rental Market Overview

Median Rent
$1,573
−0.4%
Median DOM
1
0.0%
New Listings
341
Inventory
738
+4.1%
  • Average Rent: $1,688
  • Median Rent: $1,573
  • Rent Range: $800 – $3,850
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,270 / 1,114
  • Square Footage Range: 425 – 6,128
  • Days on Market (Avg/Median): 8 / 1
  • Days on Market Range: 1 – 298
  • New Listings: 341
  • Total Listings: 738

Rentals by Property Type

Apartment
$1,485
Median DOM: 1
Inventory: 527
MoM: −0.4%
Condo
$1,700
Median DOM: 30
Inventory: 1
MoM: −0.4%
Single Family
$2,245
Median DOM: 2
Inventory: 166
MoM: −0.4%
Townhouse
$1,895
Median DOM: 8
Inventory: 42
MoM: −0.4%
Apartment
Avg/Median Rent$1,496 / $1,485Range$800 – $2,390Rent per Sq Ft$2 / $2Sq Ft994 / 1,052DOM2 / 1New282Total527
Condo
Avg/Median Rent$1,700 / $1,700Range$1,700 – $1,700Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM30 / 30New0Total1
Manufactured
Avg/Median Rent$1,250 / $1,250Range$1,250 – $1,250Rent per Sq Ft$1 / $1Sq Ft980 / 980DOM41 / 41New0Total1
Multi-Family
Avg/Median Rent$1,350 / $1,350Range$1,350 – $1,350Rent per Sq Ft$1 / $1Sq Ft1,100 / 1,100DOM40 / 40New0Total1
Single Family
Avg/Median Rent$2,264 / $2,245Range$1,400 – $3,850Rent per Sq Ft$1 / $1Sq Ft2,133 / 2,024DOM21 / 2New43Total166
Townhouse
Avg/Median Rent$1,837 / $1,895Range$1,095 – $2,795Rent per Sq Ft$1 / $1Sq Ft1,659 / 1,551DOM23 / 8New16Total42

Rentals by Bedroom Count

Studio
Avg:$2,595Median:$2,595Range:$2,595 – $2,595PSF:$1 / $1Sq Ft:3,200 / 3,200DOM:10 / 10New:0Total:1
1 Beds
Avg:$1,366Median:$1,349Range:$800 – $1,883PSF:$2 / $2Sq Ft:794 / 792DOM:2 / 1New:108Total:217
2 Beds
Avg:$1,543Median:$1,546Range:$1,050 – $2,049PSF:$1 / $1Sq Ft:1,091 / 1,109DOM:3 / 1New:149Total:265
3 Beds
Avg:$1,911Median:$1,925Range:$1,357 – $3,100PSF:$1 / $1Sq Ft:1,542 / 1,415DOM:15 / 1New:63Total:166
4 Beds
Avg:$2,388Median:$2,350Range:$1,350 – $3,850PSF:$1 / $1Sq Ft:2,321 / 2,325DOM:19 / 1New:18Total:60
5 Beds
Avg:$2,666Median:$2,645Range:$2,230 – $3,195PSF:$1 / $1Sq Ft:3,059 / 2,937DOM:25 / 19New:3Total:28
6 Beds
Avg:$2,750Median:$2,750Range:$2,750 – $2,750PSF:$1 / $1Sq Ft:3,011 / 3,011DOM:15 / 15New:0Total:1

6-Month Sales Trend

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:$406,322Median DOM:30New:161Total:502
Aug 2026
Median Price:$410,000Median DOM:32New:105Total:484

6-Month Rental Trend

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:$1,579Median DOM:1New:456Total:709
Aug 2026
Median Rent:$1,573Median DOM:1New:341Total:738

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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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