ZIP 27559 Housing Market Report
Raleigh Metro
Report period: August 2026
27559 Monthly Market Update – August 2026
ZIP 27559 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$390,000
0.0%
Median DOM (Sales)
48
+11.6%
New Listings (Sales)
1
−83.3%
Median Rent
$1,450
0.0%
Median DOM (Rental)
145
0.0%
Total Rental Listings
1
0.0%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable.
What's Moving Fastest
- Fastest selling: Single Family (43 DOM)
- Fastest renting: Single Family (145 DOM)
- Strongest bedroom: 3 Beds ($449,900 median)
Sales Market Overview
Median Price
$390,000
0.0%
Median DOM
48
+11.6%
New Listings
1
−83.3%
Inventory
28
+3.7%
- Average Price: $647,293
- Median Price: $390,000
- Price Range: $140,000 – $2,499,000
- Price per Sq Ft (Avg/Median): $309 / $288
- Square Footage (Avg/Median): 2,332 / 1,827
- Square Footage Range: 1,182 – 5,648
- Days on Market (Avg/Median): 73 / 48
- Days on Market Range: 3 – 206
- New Listings: 1
- Total Listings: 28
Sales by Property Type
Land
Avg/Median Price$530,269 / $225,500Range$140,000 – $1,707,100Price per Sq Ft—Sq Ft—DOM98 / 109New1Total13
Manufactured
Avg/Median Price$384,000 / $384,000Range$384,000 – $384,000Price per Sq Ft$309 / $309Sq Ft1,241 / 1,241DOM48 / 48New0Total1
Single Family
Avg/Median Price$774,764 / $449,900Range$272,000 – $2,499,000Price per Sq Ft$309 / $270Sq Ft2,410 / 1,827DOM55 / 43New0Total14
Sales by Bedroom Count
2 Beds
Avg:$870,000Median:$390,000Range:$390,000 – $1,350,000PSF:$556 / $330Sq Ft:1,455 / 1,182DOM:92 / 74New:0Total:2
3 Beds
Avg:$603,336Median:$449,900Range:$272,000 – $1,250,000PSF:$263 / $270Sq Ft:2,236 / 2,021DOM:45 / 43New:0Total:11
4 Beds
Avg:$1,427,000Median:$355,000Range:$355,000 – $2,499,000PSF:$318 / $194Sq Ft:3,738 / 1,827DOM:70 / 39New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $870,000 | $390,000 | $390,000 – $1,350,000 | $556 / $330 | 1,455 / 1,182 | 92 / 74 | 0 | 2 |
| 3 Beds | $603,336 | $449,900 | $272,000 – $1,250,000 | $263 / $270 | 2,236 / 2,021 | 45 / 43 | 0 | 11 |
| 4 Beds | $1,427,000 | $355,000 | $355,000 – $2,499,000 | $318 / $194 | 3,738 / 1,827 | 70 / 39 | 0 | 2 |
Rental Market Overview
Median Rent
$1,450
0.0%
Median DOM
145
0.0%
New Listings
0
Inventory
1
0.0%
- Average Rent: $1,450
- Median Rent: $1,450
- Rent Range: $1,450 – $1,450
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,614 / 1,614
- Square Footage Range: 1,614 – 1,614
- Days on Market (Avg/Median): 145 / 145
- Days on Market Range: 145 – 145
- New Listings: 0
- Total Listings: 1
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,450
Median DOM: 145
Inventory: 1
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
Avg/Median Rent$1,450 / $1,450Range$1,450 – $1,450Rent per Sq Ft$1 / $1Sq Ft1,614 / 1,614DOM145 / 145New0Total1
Rentals by Bedroom Count
3 Beds
Avg:$1,450Median:$1,450Range:$1,450 – $1,450PSF:$1 / $1Sq Ft:1,614 / 1,614DOM:145 / 145New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 3 Beds | $1,450 | $1,450 | $1,450 – $1,450 | $1 / $1 | 1,614 / 1,614 | 145 / 145 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$350,000Median DOM:93New:2Total:25
Apr 2026
Median Price:$279,000Median DOM:79New:6Total:24
May 2026
Median Price:$279,000Median DOM:67New:2Total:22
Jun 2026
Median Price:$355,000Median DOM:51New:9Total:24
Jul 2026
Median Price:$390,000Median DOM:43New:6Total:27
Aug 2026
Median Price:$390,000Median DOM:48New:1Total:28
6-Month Rental Trend
Mar 2026
Median Rent:$1,500Median DOM:31New:0Total:1
Apr 2026
Median Rent:$1,500Median DOM:31New:0Total:1
May 2026
Median Rent:$1,500Median DOM:101New:0Total:1
Jun 2026
Median Rent:$1,450Median DOM:131New:0Total:1
Jul 2026
Median Rent:$1,450Median DOM:145New:0Total:1
Aug 2026
Median Rent:$1,450Median DOM:145New:0Total:1
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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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