ZIP 27529 Housing Market Report
Raleigh Metro
Report period: May 2026
27529 Monthly Market Update – May 2026
ZIP 27529 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$400,000
0.0%
Median DOM (Sales)
19
+5.6%
New Listings (Sales)
95
−52.3%
Median Rent
$1,611
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
667
−1.9%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (5 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($1,399,000 median)
Sales Market Overview
Median Price
$400,000
0.0%
Median DOM
19
+5.6%
New Listings
95
−52.3%
Inventory
484
−2.4%
- Average Price: $435,266
- Median Price: $400,000
- Price Range: $35,000 – $3,500,000
- Price per Sq Ft (Avg/Median): $197 / $189
- Square Footage (Avg/Median): 2,197 / 2,079
- Square Footage Range: 833 – 8,871
- Days on Market (Avg/Median): 44 / 19
- Days on Market Range: 1 – 346
- New Listings: 95
- Total Listings: 484
Sales by Property Type
Condo
Avg/Median Price$256,780 / $237,000Range$215,000 – $311,999Price per Sq Ft$203 / $193Sq Ft1,339 / 1,286DOM49 / 46New0Total5
Land
Avg/Median Price$585,441 / $115,000Range$35,000 – $3,500,000Price per Sq Ft—Sq Ft—DOM106 / 84New0Total27
Multi-Family
Avg/Median Price$379,970 / $374,880Range$295,000 – $438,000Price per Sq Ft$194 / $202Sq Ft1,968 / 1,826DOM42 / 5New5Total8
Single Family
Avg/Median Price$458,989 / $434,000Range$215,000 – $2,249,000Price per Sq Ft$201 / $191Sq Ft2,340 / 2,336DOM40 / 16New70Total345
Townhouse
Avg/Median Price$325,123 / $332,482Range$210,000 – $440,000Price per Sq Ft$186 / $185Sq Ft1,759 / 1,693DOM40 / 18New20Total99
Sales by Bedroom Count
Studio
Avg:$404,900Median:$404,900Range:$404,900 – $404,900PSF:$218 / $218Sq Ft:1,860 / 1,860DOM:178 / 178New:0Total:1
1 Beds
Avg:$229,900Median:$229,900Range:$229,900 – $229,900PSF:$276 / $276Sq Ft:833 / 833DOM:51 / 51New:0Total:1
2 Beds
Avg:$295,844Median:$246,000Range:$215,000 – $510,000PSF:$220 / $202Sq Ft:1,350 / 1,286DOM:37 / 11New:2Total:12
3 Beds
Avg:$359,731Median:$350,000Range:$210,000 – $575,000PSF:$206 / $198Sq Ft:1,776 / 1,749DOM:40 / 19New:43Total:233
4 Beds
Avg:$488,320Median:$449,000Range:$289,900 – $2,249,000PSF:$191 / $182Sq Ft:2,515 / 2,472DOM:41 / 16New:29Total:130
5 Beds
Avg:$530,342Median:$499,900Range:$220,000 – $1,799,900PSF:$177 / $172Sq Ft:2,971 / 2,912DOM:37 / 8New:21Total:78
6 Beds
Avg:$612,500Median:$612,500Range:$612,500 – $612,500PSF:$166 / $166Sq Ft:3,681 / 3,681DOM:93 / 93New:0Total:1
7 Beds
Avg:$1,399,000Median:$1,399,000Range:$1,399,000 – $1,399,000PSF:$158 / $158Sq Ft:8,871 / 8,871DOM:54 / 54New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $404,900 | $404,900 | $404,900 – $404,900 | $218 / $218 | 1,860 / 1,860 | 178 / 178 | 0 | 1 |
| 1 Beds | $229,900 | $229,900 | $229,900 – $229,900 | $276 / $276 | 833 / 833 | 51 / 51 | 0 | 1 |
| 2 Beds | $295,844 | $246,000 | $215,000 – $510,000 | $220 / $202 | 1,350 / 1,286 | 37 / 11 | 2 | 12 |
| 3 Beds | $359,731 | $350,000 | $210,000 – $575,000 | $206 / $198 | 1,776 / 1,749 | 40 / 19 | 43 | 233 |
| 4 Beds | $488,320 | $449,000 | $289,900 – $2,249,000 | $191 / $182 | 2,515 / 2,472 | 41 / 16 | 29 | 130 |
| 5 Beds | $530,342 | $499,900 | $220,000 – $1,799,900 | $177 / $172 | 2,971 / 2,912 | 37 / 8 | 21 | 78 |
| 6 Beds | $612,500 | $612,500 | $612,500 – $612,500 | $166 / $166 | 3,681 / 3,681 | 93 / 93 | 0 | 1 |
| 7 Beds | $1,399,000 | $1,399,000 | $1,399,000 – $1,399,000 | $158 / $158 | 8,871 / 8,871 | 54 / 54 | 0 | 1 |
Rental Market Overview
Median Rent
$1,611
+0.1%
Median DOM
1
0.0%
New Listings
322
Inventory
667
−1.9%
- Average Rent: $1,708
- Median Rent: $1,611
- Rent Range: $695 – $6,198
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,280 / 1,128
- Square Footage Range: 600 – 3,917
- Days on Market (Avg/Median): 7 / 1
- Days on Market Range: 1 – 362
- New Listings: 322
- Total Listings: 667
Rentals by Property Type
Apartment
$1,495
Median DOM: 1
Inventory: 457
MoM: +0.1%
Condo
—
Median DOM: —
Inventory: —
MoM: +0.1%
Single Family
$2,180
Median DOM: 1
Inventory: 165
MoM: +0.1%
Townhouse
$1,895
Median DOM: 12
Inventory: 45
MoM: +0.1%
Apartment
Avg/Median Rent$1,528 / $1,495Range$949 – $6,198Rent per Sq Ft$2 / $2Sq Ft1,005 / 1,074DOM1 / 1New264Total457
Single Family
Avg/Median Rent$2,176 / $2,180Range$695 – $3,900Rent per Sq Ft$1 / $1Sq Ft2,041 / 2,040DOM22 / 1New44Total165
Townhouse
Avg/Median Rent$1,820 / $1,895Range$1,095 – $2,275Rent per Sq Ft$1 / $1Sq Ft1,539 / 1,700DOM19 / 12New14Total45
Rentals by Bedroom Count
Studio
Avg:$3,095Median:$3,095Range:$3,095 – $3,095PSF:$1 / $1Sq Ft:3,539 / 3,539DOM:13 / 13New:0Total:1
1 Beds
Avg:$1,377Median:$1,405Range:$695 – $1,799PSF:$2 / $2Sq Ft:788 / 792DOM:2 / 1New:105Total:169
2 Beds
Avg:$1,564Median:$1,550Range:$1,095 – $2,100PSF:$1 / $1Sq Ft:1,090 / 1,109DOM:1 / 1New:137Total:255
3 Beds
Avg:$1,884Median:$1,890Range:$1,350 – $2,740PSF:$1 / $1Sq Ft:1,536 / 1,387DOM:15 / 1New:57Total:157
4 Beds
Avg:$2,355Median:$2,295Range:$1,850 – $2,995PSF:$1 / $1Sq Ft:2,391 / 2,357DOM:26 / 1New:19Total:68
5 Beds
Avg:$2,862Median:$2,495Range:$2,325 – $6,198PSF:$1 / $1Sq Ft:2,788 / 2,937DOM:18 / 9New:4Total:16
6 Beds
Avg:$2,795Median:$2,795Range:$2,795 – $2,795PSF:$1 / $1Sq Ft:3,917 / 3,917DOM:29 / 29New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $3,095 | $3,095 | $3,095 – $3,095 | $1 / $1 | 3,539 / 3,539 | 13 / 13 | 0 | 1 |
| 1 Beds | $1,377 | $1,405 | $695 – $1,799 | $2 / $2 | 788 / 792 | 2 / 1 | 105 | 169 |
| 2 Beds | $1,564 | $1,550 | $1,095 – $2,100 | $1 / $1 | 1,090 / 1,109 | 1 / 1 | 137 | 255 |
| 3 Beds | $1,884 | $1,890 | $1,350 – $2,740 | $1 / $1 | 1,536 / 1,387 | 15 / 1 | 57 | 157 |
| 4 Beds | $2,355 | $2,295 | $1,850 – $2,995 | $1 / $1 | 2,391 / 2,357 | 26 / 1 | 19 | 68 |
| 5 Beds | $2,862 | $2,495 | $2,325 – $6,198 | $1 / $1 | 2,788 / 2,937 | 18 / 9 | 4 | 16 |
| 6 Beds | $2,795 | $2,795 | $2,795 – $2,795 | $1 / $1 | 3,917 / 3,917 | 29 / 29 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$407,000Median DOM:53New:109Total:425
Jan 2026
Median Price:$414,500Median DOM:39New:149Total:410
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:19New:95Total:484
6-Month Rental Trend
Dec 2025
Median Rent:$1,655Median DOM:1New:343Total:571
Jan 2026
Median Rent:$1,635Median DOM:1New:355Total:576
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:$1,611Median DOM:1New:322Total:667
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower 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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