ZIP 27560 Housing Market Report
Raleigh Metro
Report period: May 2026
27560 Monthly Market Update – May 2026
ZIP 27560 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$520,003
+4.0%
Median DOM (Sales)
38
−5.0%
New Listings (Sales)
20
−44.4%
Median Rent
$1,645
+0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
1,350
−4.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (27 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,056,985 median)
Sales Market Overview
Median Price
$520,003
+4.0%
Median DOM
38
−5.0%
New Listings
20
−44.4%
Inventory
139
+10.3%
- Average Price: $549,485
- Median Price: $520,003
- Price Range: $150,000 – $1,699,000
- Price per Sq Ft (Avg/Median): $251 / $239
- Square Footage (Avg/Median): 2,266 / 2,261
- Square Footage Range: 720 – 5,043
- Days on Market (Avg/Median): 65 / 38
- Days on Market Range: 1 – 365
- New Listings: 20
- Total Listings: 139
Sales by Property Type
Condo
Avg/Median Price$296,000 / $289,000Range$285,000 – $319,000Price per Sq Ft$235 / $238Sq Ft1,266 / 1,255DOM28 / 27New2Total7
Land
Avg/Median Price$388,999 / $349,000Range$150,000 – $1,100,000Price per Sq Ft—Sq Ft—DOM191 / 158New0Total11
Manufactured
Avg/Median Price$782,500 / $575,000Range$575,000 – $990,000Price per Sq Ft$444 / $253Sq Ft1,914 / 1,558DOM186 / 42New0Total2
Single Family
Avg/Median Price$714,176 / $600,000Range$300,000 – $1,699,000Price per Sq Ft$279 / $260Sq Ft2,620 / 2,537DOM50 / 31New9Total59
Townhouse
Avg/Median Price$438,768 / $435,000Range$274,999 – $610,000Price per Sq Ft$219 / $216Sq Ft2,047 / 2,166DOM58 / 31New9Total60
Sales by Bedroom Count
2 Beds
Avg:$340,643Median:$289,000Range:$274,999 – $600,000PSF:$297 / $245Sq Ft:1,248 / 1,149DOM:40 / 17New:2Total:14
3 Beds
Avg:$474,081Median:$479,900Range:$299,000 – $990,000PSF:$236 / $226Sq Ft:2,053 / 2,073DOM:60 / 37New:10Total:69
4 Beds
Avg:$687,438Median:$614,900Range:$369,000 – $1,480,000PSF:$255 / $246Sq Ft:2,661 / 2,597DOM:41 / 24New:7Total:35
5 Beds
Avg:$1,055,722Median:$995,000Range:$582,000 – $1,699,000PSF:$276 / $281Sq Ft:3,808 / 3,255DOM:93 / 74New:1Total:9
6 Beds
Avg:$1,056,985Median:$1,056,985Range:$1,056,985 – $1,056,985PSF:$295 / $295Sq Ft:3,583 / 3,583DOM:48 / 48New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $340,643 | $289,000 | $274,999 – $600,000 | $297 / $245 | 1,248 / 1,149 | 40 / 17 | 2 | 14 |
| 3 Beds | $474,081 | $479,900 | $299,000 – $990,000 | $236 / $226 | 2,053 / 2,073 | 60 / 37 | 10 | 69 |
| 4 Beds | $687,438 | $614,900 | $369,000 – $1,480,000 | $255 / $246 | 2,661 / 2,597 | 41 / 24 | 7 | 35 |
| 5 Beds | $1,055,722 | $995,000 | $582,000 – $1,699,000 | $276 / $281 | 3,808 / 3,255 | 93 / 74 | 1 | 9 |
| 6 Beds | $1,056,985 | $1,056,985 | $1,056,985 – $1,056,985 | $295 / $295 | 3,583 / 3,583 | 48 / 48 | 0 | 1 |
Rental Market Overview
Median Rent
$1,645
+0.2%
Median DOM
1
0.0%
New Listings
722
Inventory
1,350
−4.0%
- Average Rent: $1,733
- Median Rent: $1,645
- Rent Range: $880 – $7,175
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,127 / 1,054
- Square Footage Range: 300 – 3,557
- Days on Market (Avg/Median): 6 / 1
- Days on Market Range: 1 – 364
- New Listings: 722
- Total Listings: 1,350
Rentals by Property Type
Apartment
$1,605
Median DOM: 1
Inventory: 1,188
MoM: +0.2%
Condo
$1,595
Median DOM: 29
Inventory: 8
MoM: +0.2%
Single Family
$2,490
Median DOM: 9
Inventory: 60
MoM: +0.2%
Townhouse
$2,099
Median DOM: 20
Inventory: 94
MoM: +0.2%
Apartment
Avg/Median Rent$1,668 / $1,605Range$984 – $7,175Rent per Sq Ft$2 / $2Sq Ft1,013 / 1,025DOM3 / 1New688Total1,188
Condo
Avg/Median Rent$1,633 / $1,595Range$1,495 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,142 / 1,069DOM51 / 29New1Total8
Single Family
Avg/Median Rent$2,471 / $2,490Range$880 – $3,595Rent per Sq Ft$1 / $1Sq Ft2,340 / 2,390DOM27 / 9New20Total60
Townhouse
Avg/Median Rent$2,091 / $2,099Range$1,600 – $2,750Rent per Sq Ft$1 / $1Sq Ft1,891 / 1,851DOM40 / 20New13Total94
Rentals by Bedroom Count
Studio
Avg:$1,546Median:$1,501Range:$1,238 – $2,295PSF:$2 / $3Sq Ft:696 / 567DOM:25 / 1New:21Total:32
1 Beds
Avg:$1,437Median:$1,413Range:$880 – $2,130PSF:$2 / $2Sq Ft:784 / 776DOM:3 / 1New:285Total:527
2 Beds
Avg:$1,771Median:$1,702Range:$1,210 – $3,835PSF:$2 / $2Sq Ft:1,155 / 1,125DOM:2 / 1New:299Total:512
3 Beds
Avg:$2,161Median:$2,100Range:$1,495 – $7,175PSF:$1 / $1Sq Ft:1,620 / 1,581DOM:18 / 1New:103Total:228
4 Beds
Avg:$2,533Median:$2,500Range:$1,995 – $3,200PSF:$1 / $1Sq Ft:2,463 / 2,390DOM:27 / 12New:9Total:43
5 Beds
Avg:$3,068Median:$2,995Range:$2,449 – $3,595PSF:$1 / $1Sq Ft:3,156 / 3,100DOM:25 / 5New:5Total:7
6 Beds
Avg:$2,795Median:$2,795Range:$2,795 – $2,795PSF:$1 / $1Sq Ft:2,712 / 2,712DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,546 | $1,501 | $1,238 – $2,295 | $2 / $3 | 696 / 567 | 25 / 1 | 21 | 32 |
| 1 Beds | $1,437 | $1,413 | $880 – $2,130 | $2 / $2 | 784 / 776 | 3 / 1 | 285 | 527 |
| 2 Beds | $1,771 | $1,702 | $1,210 – $3,835 | $2 / $2 | 1,155 / 1,125 | 2 / 1 | 299 | 512 |
| 3 Beds | $2,161 | $2,100 | $1,495 – $7,175 | $1 / $1 | 1,620 / 1,581 | 18 / 1 | 103 | 228 |
| 4 Beds | $2,533 | $2,500 | $1,995 – $3,200 | $1 / $1 | 2,463 / 2,390 | 27 / 12 | 9 | 43 |
| 5 Beds | $3,068 | $2,995 | $2,449 – $3,595 | $1 / $1 | 3,156 / 3,100 | 25 / 5 | 5 | 7 |
| 6 Beds | $2,795 | $2,795 | $2,795 – $2,795 | $1 / $1 | 2,712 / 2,712 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$465,000Median DOM:77New:9Total:110
Jan 2026
Median Price:$477,900Median DOM:77New:25Total:90
Feb 2026
Median Price:$494,763Median DOM:57New:24Total:101
Mar 2026
Median Price:$499,990Median DOM:42New:28Total:107
Apr 2026
Median Price:$499,990Median DOM:40New:36Total:126
May 2026
Median Price:$520,003Median DOM:38New:20Total:139
6-Month Rental Trend
Dec 2025
Median Rent:$1,645Median DOM:1New:1,026Total:1,352
Jan 2026
Median Rent:$1,645Median DOM:1New:1,056Total:1,427
Feb 2026
Median Rent:$1,651Median DOM:1New:1,030Total:1,481
Mar 2026
Median Rent:$1,666Median DOM:1New:1,051Total:1,406
Apr 2026
Median Rent:$1,641Median DOM:1New:1,028Total:1,406
May 2026
Median Rent:$1,645Median DOM:1New:722Total:1,350
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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