ZIP 27539 Housing Market Report

Raleigh Metro

Report period: May 2026

27539 Monthly Market Update – May 2026

ZIP 27539 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$619,900
+0.1%
Median DOM (Sales)
17
−5.6%
New Listings (Sales)
29
−68.1%
Median Rent
$1,900
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
114
−7.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (14 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($1,125,000 median)

Sales Market Overview

Median Price
$619,900
+0.1%
Median DOM
17
−5.6%
New Listings
29
−68.1%
Inventory
224
+1.8%
  • Average Price: $661,414
  • Median Price: $619,900
  • Price Range: $120,000 – $3,695,000
  • Price per Sq Ft (Avg/Median): $243 / $235
  • Square Footage (Avg/Median): 2,843 / 2,702
  • Square Footage Range: 1,099 – 7,591
  • Days on Market (Avg/Median): 39 / 17
  • Days on Market Range: 1 – 363
  • New Listings: 29
  • Total Listings: 224

Sales by Property Type

Land
Avg/Median Price$346,000 / $235,000Range$120,000 – $1,250,000Price per Sq FtSq FtDOM114 / 67New1Total18
Single Family
Avg/Median Price$741,329 / $657,600Range$235,000 – $3,695,000Price per Sq Ft$248 / $239Sq Ft3,009 / 2,896DOM30 / 14New24Total171
Townhouse
Avg/Median Price$433,181 / $419,000Range$325,000 – $554,635Price per Sq Ft$215 / $220Sq Ft2,028 / 1,953DOM47 / 27New4Total35

Sales by Bedroom Count

Studio
Avg:$235,000Median:$235,000Range:$235,000 – $235,000PSF:$137 / $137Sq Ft:1,720 / 1,720DOM:16 / 16New:0Total:1
2 Beds
Avg:$325,000Median:$325,000Range:$325,000 – $325,000PSF:$251 / $241Sq Ft:1,298 / 1,346DOM:41 / 45New:0Total:3
3 Beds
Avg:$502,241Median:$425,000Range:$310,000 – $1,595,000PSF:$252 / $236Sq Ft:2,041 / 1,884DOM:37 / 16New:5Total:65
4 Beds
Avg:$753,646Median:$646,455Range:$363,800 – $3,695,000PSF:$240 / $234Sq Ft:3,082 / 2,810DOM:32 / 14New:14Total:89
5 Beds
Avg:$831,556Median:$750,000Range:$515,000 – $1,485,000PSF:$240 / $235Sq Ft:3,447 / 3,262DOM:28 / 13New:9Total:42
6 Beds
Avg:$1,063,940Median:$1,125,000Range:$945,000 – $1,149,900PSF:$228 / $222Sq Ft:4,699 / 4,632DOM:50 / 45New:0Total:5
7 Beds
Avg:$753,470Median:$753,470Range:$753,470 – $753,470PSF:$159 / $159Sq Ft:4,752 / 4,752DOM:13 / 13New:0Total:1

Rental Market Overview

Median Rent
$1,900
+0.1%
Median DOM
1
0.0%
New Listings
47
Inventory
114
−7.3%
  • Average Rent: $1,941
  • Median Rent: $1,900
  • Rent Range: $790 – $3,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,402 / 1,214
  • Square Footage Range: 659 – 4,045
  • Days on Market (Avg/Median): 17 / 1
  • Days on Market Range: 1 – 198
  • New Listings: 47
  • Total Listings: 114

Rentals by Property Type

Apartment
$1,630
Median DOM: 1
Inventory: 63
MoM: +0.1%
Condo
Median DOM:
Inventory:
MoM: +0.1%
Single Family
$2,300
Median DOM: 4
Inventory: 29
MoM: +0.1%
Townhouse
$2,095
Median DOM: 27
Inventory: 22
MoM: +0.1%
Apartment
Avg/Median Rent$1,664 / $1,630Range$1,209 – $2,295Rent per Sq Ft$2 / $2Sq Ft989 / 951DOM3 / 1New38Total63
Single Family
Avg/Median Rent$2,412 / $2,300Range$790 – $3,995Rent per Sq Ft$1 / $1Sq Ft2,019 / 1,860DOM23 / 4New8Total29
Townhouse
Avg/Median Rent$2,113 / $2,095Range$1,800 – $2,650Rent per Sq Ft$1 / $1Sq Ft1,990 / 1,909DOM48 / 27New1Total22

Rentals by Bedroom Count

1 Beds
Avg:$1,438Median:$1,450Range:$790 – $1,718PSF:$2 / $2Sq Ft:823 / 755DOM:5 / 1New:18Total:36
2 Beds
Avg:$1,887Median:$1,830Range:$1,699 – $2,295PSF:$2 / $2Sq Ft:1,199 / 1,214DOM:2 / 1New:18Total:26
3 Beds
Avg:$2,153Median:$2,095Range:$1,695 – $3,599PSF:$1 / $1Sq Ft:1,740 / 1,780DOM:30 / 10New:9Total:33
4 Beds
Avg:$2,600Median:$2,500Range:$1,995 – $3,995PSF:$1 / $1Sq Ft:2,489 / 2,400DOM:42 / 12New:2Total:17
5 Beds
Avg:$2,572Median:$2,550Range:$2,550 – $2,595PSF:$1 / $1Sq Ft:2,682 / 2,682DOM:9 / 1New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$575,000Median DOM:41New:40Total:142
Jan 2026
Median Price:$590,000Median DOM:23New:61Total:148
Feb 2026
Median Price:$611,590Median DOM:23New:61Total:164
Mar 2026
Median Price:$621,050Median DOM:22New:74Total:189
Apr 2026
Median Price:$619,490Median DOM:18New:91Total:220
May 2026
Median Price:$619,900Median DOM:17New:29Total:224

6-Month Rental Trend

Dec 2025
Median Rent:$1,815Median DOM:1New:74Total:131
Jan 2026
Median Rent:$1,899Median DOM:1New:70Total:124
Feb 2026
Median Rent:$1,999Median DOM:1New:75Total:125
Mar 2026
Median Rent:$1,950Median DOM:1New:75Total:119
Apr 2026
Median Rent:$1,899Median DOM:1New:77Total:123
May 2026
Median Rent:$1,900Median DOM:1New:47Total:114

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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.

← Back to Raleigh Metro