ZIP 27545 Housing Market Report

Raleigh Metro

Report period: May 2026

27545 Monthly Market Update – May 2026

ZIP 27545 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$399,000
+1.0%
Median DOM (Sales)
32
+6.7%
New Listings (Sales)
31
−71.3%
Median Rent
$1,615
−0.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
688
−5.6%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (31 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($579,000 median)

Sales Market Overview

Median Price
$399,000
+1.0%
Median DOM
32
+6.7%
New Listings
31
−71.3%
Inventory
306
−0.3%
  • Average Price: $444,665
  • Median Price: $399,000
  • Price Range: $129,999 – $2,500,000
  • Price per Sq Ft (Avg/Median): $194 / $186
  • Square Footage (Avg/Median): 2,289 / 2,233
  • Square Footage Range: 906 – 4,332
  • Days on Market (Avg/Median): 46 / 32
  • Days on Market Range: 1 – 342
  • New Listings: 31
  • Total Listings: 306

Sales by Property Type

Land
Avg/Median Price$905,714 / $890,000Range$129,999 – $2,500,000Price per Sq FtSq FtDOM145 / 68New0Total7
Single Family
Avg/Median Price$452,296 / $439,999Range$199,900 – $1,999,900Price per Sq Ft$199 / $193Sq Ft2,329 / 2,420DOM44 / 31New28Total246
Townhouse
Avg/Median Price$348,353 / $357,000Range$175,000 – $424,950Price per Sq Ft$167 / $167Sq Ft2,099 / 2,233DOM46 / 36New3Total53

Sales by Bedroom Count

2 Beds
Avg:$230,960Median:$214,900Range:$175,000 – $305,000PSF:$194 / $193Sq Ft:1,216 / 1,095DOM:36 / 18New:0Total:5
3 Beds
Avg:$376,769Median:$359,990Range:$240,000 – $1,100,000PSF:$205 / $202Sq Ft:1,879 / 1,834DOM:46 / 32New:14Total:137
4 Beds
Avg:$470,002Median:$459,000Range:$324,900 – $1,999,900PSF:$188 / $182Sq Ft:2,491 / 2,422DOM:46 / 33New:9Total:101
5 Beds
Avg:$524,466Median:$515,000Range:$409,000 – $668,400PSF:$175 / $174Sq Ft:3,013 / 3,037DOM:36 / 27New:7Total:54
6 Beds
Avg:$581,950Median:$579,000Range:$579,000 – $584,900PSF:$179 / $177Sq Ft:3,250 / 3,196DOM:28 / 4New:1Total:2

Rental Market Overview

Median Rent
$1,615
−0.6%
Median DOM
1
0.0%
New Listings
410
Inventory
688
−5.6%
  • Average Rent: $1,668
  • Median Rent: $1,615
  • Rent Range: $700 – $4,000
  • Rent per Sq Ft (Avg/Median): $1 / $2
  • Square Footage (Avg/Median): 1,187 / 1,116
  • Square Footage Range: 558 – 4,200
  • Days on Market (Avg/Median): 6 / 1
  • Days on Market Range: 1 – 316
  • New Listings: 410
  • Total Listings: 688

Rentals by Property Type

Apartment
$1,486
Median DOM: 1
Inventory: 552
MoM: −0.6%
Condo
Median DOM:
Inventory:
MoM: −0.6%
Single Family
$1,985
Median DOM: 1
Inventory: 121
MoM: −0.6%
Townhouse
$2,095
Median DOM: 28
Inventory: 15
MoM: −0.6%
Apartment
Avg/Median Rent$1,574 / $1,486Range$1,090 – $2,590Rent per Sq Ft$2 / $2Sq Ft1,028 / 1,070DOM3 / 1New360Total552
Single Family
Avg/Median Rent$2,045 / $1,985Range$700 – $4,000Rent per Sq Ft$1 / $1Sq Ft1,849 / 1,654DOM15 / 1New48Total121
Townhouse
Avg/Median Rent$2,057 / $2,095Range$1,400 – $2,348Rent per Sq Ft$1 / $1Sq Ft1,980 / 2,189DOM32 / 28New2Total15

Rentals by Bedroom Count

Studio
Avg:$1,995Median:$1,995Range:$1,995 – $1,995PSF:$1 / $1Sq Ft:1,820 / 1,820DOM:11 / 11New:1Total:1
1 Beds
Avg:$1,348Median:$1,375Range:$700 – $1,768PSF:$2 / $2Sq Ft:790 / 804DOM:4 / 1New:151Total:225
2 Beds
Avg:$1,658Median:$1,682Range:$1,100 – $2,125PSF:$1 / $2Sq Ft:1,132 / 1,116DOM:4 / 1New:150Total:252
3 Beds
Avg:$1,924Median:$1,878Range:$1,200 – $2,810PSF:$1 / $1Sq Ft:1,485 / 1,400DOM:9 / 1New:93Total:168
4 Beds
Avg:$2,209Median:$2,195Range:$1,815 – $2,445PSF:$1 / $1Sq Ft:2,229 / 2,198DOM:13 / 1New:13Total:31
5 Beds
Avg:$2,952Median:$2,995Range:$2,470 – $4,000PSF:$1 / $1Sq Ft:3,341 / 3,037DOM:14 / 4New:2Total:11

6-Month Sales Trend

Dec 2025
Median Price:$429,000Median DOM:45New:63Total:260
Jan 2026
Median Price:$429,000Median DOM:37New:76Total:250
Feb 2026
Median Price:$425,000Median DOM:33New:78Total:250
Mar 2026
Median Price:$399,990Median DOM:31New:98Total:272
Apr 2026
Median Price:$394,990Median DOM:30New:108Total:307
May 2026
Median Price:$399,000Median DOM:32New:31Total:306

6-Month Rental Trend

Dec 2025
Median Rent:$1,530Median DOM:1New:457Total:596
Jan 2026
Median Rent:$1,541Median DOM:1New:453Total:594
Feb 2026
Median Rent:$1,555Median DOM:1New:494Total:625
Mar 2026
Median Rent:$1,585Median DOM:1New:580Total:745
Apr 2026
Median Rent:$1,625Median DOM:1New:544Total:729
May 2026
Median Rent:$1,615Median DOM:1New:410Total:688

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 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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