ZIP 27557 Housing Market Report
Raleigh Metro
Report period: May 2026
27557 Monthly Market Update – May 2026
ZIP 27557 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$359,900
+2.8%
Median DOM (Sales)
45
0.0%
New Listings (Sales)
6
−81.3%
Median Rent
$1,400
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
6
0.0%
Month-over-Month Movement
Median sale prices moved higher. Rents were stable.
What's Moving Fastest
- Fastest selling: Manufactured (15 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($445,000 median)
Sales Market Overview
Median Price
$359,900
+2.8%
Median DOM
45
0.0%
New Listings
6
−81.3%
Inventory
107
0.0%
- Average Price: $413,451
- Median Price: $359,900
- Price Range: $91,000 – $2,197,880
- Price per Sq Ft (Avg/Median): $199 / $200
- Square Footage (Avg/Median): 1,971 / 1,840
- Square Footage Range: 1,000 – 4,986
- Days on Market (Avg/Median): 66 / 45
- Days on Market Range: 2 – 320
- New Listings: 6
- Total Listings: 107
Sales by Property Type
Land
Avg/Median Price$587,890 / $220,000Range$92,900 – $2,197,880Price per Sq Ft—Sq Ft—DOM59 / 45New0Total12
Manufactured
Avg/Median Price$252,633 / $247,900Range$225,000 – $285,000Price per Sq Ft$154 / $153Sq Ft1,636 / 1,620DOM21 / 15New0Total3
Single Family
Avg/Median Price$395,942 / $365,000Range$91,000 – $1,190,000Price per Sq Ft$200 / $201Sq Ft1,982 / 1,844DOM69 / 45New6Total92
Sales by Bedroom Count
2 Beds
Avg:$277,475Median:$214,900Range:$190,000 – $480,000PSF:$185 / $177Sq Ft:1,566 / 1,214DOM:128 / 105New:1Total:4
3 Beds
Avg:$373,155Median:$359,900Range:$91,000 – $1,000,000PSF:$206 / $202Sq Ft:1,799 / 1,737DOM:57 / 35New:4Total:63
4 Beds
Avg:$448,921Median:$400,900Range:$294,990 – $1,190,000PSF:$184 / $185Sq Ft:2,415 / 2,260DOM:84 / 50New:1Total:27
5 Beds
Avg:$445,000Median:$445,000Range:$445,000 – $445,000PSF:$179 / $179Sq Ft:2,480 / 2,480DOM:50 / 50New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $277,475 | $214,900 | $190,000 – $480,000 | $185 / $177 | 1,566 / 1,214 | 128 / 105 | 1 | 4 |
| 3 Beds | $373,155 | $359,900 | $91,000 – $1,000,000 | $206 / $202 | 1,799 / 1,737 | 57 / 35 | 4 | 63 |
| 4 Beds | $448,921 | $400,900 | $294,990 – $1,190,000 | $184 / $185 | 2,415 / 2,260 | 84 / 50 | 1 | 27 |
| 5 Beds | $445,000 | $445,000 | $445,000 – $445,000 | $179 / $179 | 2,480 / 2,480 | 50 / 50 | 0 | 1 |
Rental Market Overview
Median Rent
$1,400
0.0%
Median DOM
1
0.0%
New Listings
1
Inventory
6
0.0%
- Average Rent: $1,457
- Median Rent: $1,400
- Rent Range: $1,100 – $1,950
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,225 / 1,360
- Square Footage Range: 920 – 1,567
- Days on Market (Avg/Median): 16 / 1
- Days on Market Range: 1 – 40
- New Listings: 1
- Total Listings: 6
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,400
Median DOM: 1
Inventory: 6
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
Avg/Median Rent$1,457 / $1,400Range$1,100 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,225 / 1,360DOM16 / 1New1Total6
Rentals by Bedroom Count
2 Beds
Avg:$1,548Median:$1,400Range:$1,400 – $1,695PSF:$1 / $1Sq Ft:1,360 / 1,360DOM:26 / 22New:0Total:2
3 Beds
Avg:$1,411Median:$1,100Range:$1,100 – $1,950PSF:$1 / $1Sq Ft:1,192 / 920DOM:11 / 1New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,548 | $1,400 | $1,400 – $1,695 | $1 / $1 | 1,360 / 1,360 | 26 / 22 | 0 | 2 |
| 3 Beds | $1,411 | $1,100 | $1,100 – $1,950 | $1 / $1 | 1,192 / 920 | 11 / 1 | 1 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$353,900Median DOM:76New:17Total:97
Jan 2026
Median Price:$345,000Median DOM:48New:32Total:106
Feb 2026
Median Price:$345,000Median DOM:51New:17Total:104
Mar 2026
Median Price:$345,000Median DOM:47New:23Total:97
Apr 2026
Median Price:$350,000Median DOM:45New:32Total:107
May 2026
Median Price:$359,900Median DOM:45New:6Total:107
6-Month Rental Trend
Dec 2025
Median Rent:$1,875Median DOM:61New:0Total:4
Jan 2026
Median Rent:$1,875Median DOM:5New:1Total:3
Feb 2026
Median Rent:$1,300Median DOM:28New:1Total:3
Mar 2026
Median Rent:$1,300Median DOM:1New:5Total:6
Apr 2026
Median Rent:$1,400Median DOM:1New:4Total:6
May 2026
Median Rent:$1,400Median DOM:1New:1Total:6
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, while total rental inventory was flat.
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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