ZIP 27557 Housing Market Report
Raleigh Metro
Report period: July 2026
27557 Monthly Market Update – July 2026
ZIP 27557 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$365,900
+0.3%
Median DOM (Sales)
51
+8.5%
New Listings (Sales)
7
−78.8%
Median Rent
$1,850
+23.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
3
+50.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (31 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 4 Beds ($444,740 median)
Sales Market Overview
Median Price
$365,900
+0.3%
Median DOM
51
+8.5%
New Listings
7
−78.8%
Inventory
136
+2.3%
- Average Price: $405,567
- Median Price: $365,900
- Price Range: $50,000 – $2,197,880
- Price per Sq Ft (Avg/Median): $200 / $198
- Square Footage (Avg/Median): 2,012 / 1,871
- Square Footage Range: 1,000 – 4,986
- Days on Market (Avg/Median): 73 / 51
- Days on Market Range: 2 – 299
- New Listings: 7
- Total Listings: 136
Sales by Property Type
Land
Avg/Median Price$452,327 / $204,900Range$50,000 – $2,197,880Price per Sq Ft—Sq Ft—DOM68 / 31New1Total18
Manufactured
Avg/Median Price$228,300 / $260,000Range$149,900 – $275,000Price per Sq Ft$144 / $143Sq Ft1,598 / 1,668DOM44 / 50New0Total3
Single Family
Avg/Median Price$402,873 / $370,900Range$91,000 – $1,190,000Price per Sq Ft$201 / $199Sq Ft2,023 / 1,871DOM75 / 51New6Total115
Sales by Bedroom Count
2 Beds
Avg:$278,333Median:$225,000Range:$185,000 – $425,000PSF:$175 / $185Sq Ft:1,684 / 1,751DOM:166 / 148New:0Total:3
3 Beds
Avg:$371,952Median:$356,900Range:$91,000 – $1,000,000PSF:$208 / $202Sq Ft:1,790 / 1,690DOM:60 / 48New:4Total:81
4 Beds
Avg:$473,402Median:$444,740Range:$260,000 – $1,190,000PSF:$181 / $188Sq Ft:2,575 / 2,430DOM:104 / 76New:1Total:33
5 Beds
Avg:$429,900Median:$429,900Range:$429,900 – $429,900PSF:$173 / $173Sq Ft:2,480 / 2,480DOM:6 / 6New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $278,333 | $225,000 | $185,000 – $425,000 | $175 / $185 | 1,684 / 1,751 | 166 / 148 | 0 | 3 |
| 3 Beds | $371,952 | $356,900 | $91,000 – $1,000,000 | $208 / $202 | 1,790 / 1,690 | 60 / 48 | 4 | 81 |
| 4 Beds | $473,402 | $444,740 | $260,000 – $1,190,000 | $181 / $188 | 2,575 / 2,430 | 104 / 76 | 1 | 33 |
| 5 Beds | $429,900 | $429,900 | $429,900 – $429,900 | $173 / $173 | 2,480 / 2,480 | 6 / 6 | 1 | 1 |
Rental Market Overview
Median Rent
$1,850
+23.7%
Median DOM
1
0.0%
New Listings
2
Inventory
3
+50.0%
- Average Rent: $1,765
- Median Rent: $1,850
- Rent Range: $1,495 – $1,949
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,452 / 1,420
- Square Footage Range: 1,360 – 1,575
- Days on Market (Avg/Median): 2 / 1
- Days on Market Range: 1 – 3
- New Listings: 2
- Total Listings: 3
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: +23.7%
Condo
—
Median DOM: —
Inventory: —
MoM: +23.7%
Single Family
$1,850
Median DOM: 1
Inventory: 3
MoM: +23.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +23.7%
Single Family
Avg/Median Rent$1,765 / $1,850Range$1,495 – $1,949Rent per Sq Ft$1 / $1Sq Ft1,452 / 1,420DOM2 / 1New2Total3
Rentals by Bedroom Count
3 Beds
Avg:$1,765Median:$1,850Range:$1,495 – $1,949PSF:$1 / $1Sq Ft:1,452 / 1,420DOM:2 / 1New:2Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $1,765 | $1,850 | $1,495 – $1,949 | $1 / $1 | 1,452 / 1,420 | 2 / 1 | 2 | 3 |
6-Month Sales Trend
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:$350,000Median DOM:45New:29Total:123
Jun 2026
Median Price:$364,900Median DOM:47New:33Total:133
Jul 2026
Median Price:$365,900Median DOM:51New:7Total:136
6-Month Rental Trend
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:5
Jun 2026
Median Rent:$1,495Median DOM:1New:2Total:2
Jul 2026
Median Rent:$1,850Median DOM:1New:2Total:3
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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