ZIP 27549 Housing Market Report

Raleigh Metro

Report period: May 2026

27549 Monthly Market Update – May 2026

ZIP 27549 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$290,000
−3.3%
Median DOM (Sales)
40
−18.4%
New Listings (Sales)
58
−26.6%
Median Rent
$1,400
+3.7%
Median DOM (Rental)
11
−66.7%
Total Rental Listings
28
+3.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (21 DOM)
  • Fastest renting: Single Family (4 DOM)
  • Strongest bedroom: 8 Beds ($438,000 median)

Sales Market Overview

Median Price
$290,000
−3.3%
Median DOM
40
−18.4%
New Listings
58
−26.6%
Inventory
370
+12.1%
  • Average Price: $299,000
  • Median Price: $290,000
  • Price Range: $8,000 – $2,500,000
  • Price per Sq Ft (Avg/Median): $204 / $198
  • Square Footage (Avg/Median): 1,975 / 1,850
  • Square Footage Range: 396 – 6,101
  • Days on Market (Avg/Median): 70 / 40
  • Days on Market Range: 1 – 325
  • New Listings: 58
  • Total Listings: 370

Sales by Property Type

Land
Avg/Median Price$161,967 / $89,900Range$8,000 – $2,500,000Price per Sq FtSq FtDOM82 / 46New33Total147
Manufactured
Avg/Median Price$237,288 / $239,900Range$104,500 – $310,000Price per Sq Ft$194 / $160Sq Ft1,446 / 1,512DOM50 / 21New1Total17
Multi-Family
Avg/Median Price$368,950 / $299,900Range$299,900 – $438,000Price per Sq Ft$138 / $92Sq Ft3,200 / 1,638DOM183 / 175New0Total2
Single Family
Avg/Median Price$402,201 / $359,000Range$79,900 – $1,145,000Price per Sq Ft$206 / $200Sq Ft2,007 / 1,880DOM63 / 39New24Total204

Sales by Bedroom Count

1 Beds
Avg:$247,500Median:$240,000Range:$240,000 – $255,000PSF:$504 / $363Sq Ft:528 / 396DOM:20 / 8New:1Total:2
2 Beds
Avg:$284,908Median:$269,000Range:$104,500 – $489,999PSF:$251 / $223Sq Ft:1,288 / 1,257DOM:44 / 27New:1Total:12
3 Beds
Avg:$371,730Median:$349,900Range:$79,900 – $1,145,000PSF:$203 / $201Sq Ft:1,838 / 1,754DOM:65 / 39New:14Total:165
4 Beds
Avg:$482,651Median:$375,000Range:$250,000 – $1,070,984PSF:$189 / $183Sq Ft:2,521 / 2,356DOM:52 / 31New:9Total:38
5 Beds
Avg:$610,950Median:$399,900Range:$349,900 – $949,000PSF:$175 / $180Sq Ft:3,500 / 3,901DOM:98 / 47New:0Total:4
6 Beds
Avg:$349,000Median:$349,000Range:$349,000 – $349,000PSF:$57 / $57Sq Ft:6,101 / 6,101DOM:225 / 225New:0Total:1
8 Beds
Avg:$438,000Median:$438,000Range:$438,000 – $438,000PSF:$92 / $92Sq Ft:4,762 / 4,762DOM:190 / 190New:0Total:1

Rental Market Overview

Median Rent
$1,400
+3.7%
Median DOM
11
−66.7%
New Listings
6
Inventory
28
+3.7%
  • Average Rent: $1,551
  • Median Rent: $1,400
  • Rent Range: $795 – $2,700
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,252 / 1,200
  • Square Footage Range: 700 – 2,464
  • Days on Market (Avg/Median): 32 / 11
  • Days on Market Range: 1 – 118
  • New Listings: 6
  • Total Listings: 28

Rentals by Property Type

Apartment
$875
Median DOM: 11
Inventory: 4
MoM: +3.7%
Condo
Median DOM:
Inventory:
MoM: +3.7%
Single Family
$1,700
Median DOM: 4
Inventory: 19
MoM: +3.7%
Townhouse
Median DOM:
Inventory:
MoM: +3.7%
Apartment
Avg/Median Rent$922 / $875Range$795 – $1,125Rent per Sq Ft$1 / $1Sq Ft833 / 700DOM26 / 11New2Total4
Manufactured
Avg/Median Rent$1,190 / $1,250Range$1,100 – $1,250Rent per Sq Ft$2 / $2Sq Ft725 / 725DOM66 / 56New0Total5
Single Family
Avg/Median Rent$1,778 / $1,700Range$925 – $2,700Rent per Sq Ft$1 / $1Sq Ft1,364 / 1,250DOM24 / 4New4Total19

Rentals by Bedroom Count

1 Beds
Avg:$1,250Median:$1,250Range:$1,250 – $1,250PSF:Sq Ft:DOM:49 / 55New:0Total:3
2 Beds
Avg:$1,102Median:$1,100Range:$795 – $1,650PSF:$1 / $1Sq Ft:882 / 728DOM:40 / 11New:3Total:10
3 Beds
Avg:$1,880Median:$1,800Range:$1,395 – $2,500PSF:$1 / $1Sq Ft:1,474 / 1,376DOM:19 / 1New:3Total:13
4 Beds
Avg:$2,110Median:$1,521Range:$1,521 – $2,700PSF:$1 / $1Sq Ft:1,179 / 1,179DOM:45 / 39New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$285,000Median DOM:92New:29Total:283
Jan 2026
Median Price:$278,400Median DOM:93New:52Total:279
Feb 2026
Median Price:$299,000Median DOM:75New:58Total:280
Mar 2026
Median Price:$299,900Median DOM:53New:82Total:305
Apr 2026
Median Price:$299,990Median DOM:49New:79Total:330
May 2026
Median Price:$290,000Median DOM:40New:58Total:370

6-Month Rental Trend

Dec 2025
Median Rent:$1,395Median DOM:25New:10Total:29
Jan 2026
Median Rent:$1,275Median DOM:26New:15Total:32
Feb 2026
Median Rent:$1,275Median DOM:30New:11Total:36
Mar 2026
Median Rent:$1,250Median DOM:19New:14Total:35
Apr 2026
Median Rent:$1,350Median DOM:33New:5Total:27
May 2026
Median Rent:$1,400Median DOM:11New:6Total:28

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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