ZIP 27562 Housing Market Report

Raleigh Metro

Report period: May 2026

27562 Monthly Market Update – May 2026

ZIP 27562 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$725,000
+1.4%
Median DOM (Sales)
33
−2.9%
New Listings (Sales)
11
−45.0%
Median Rent
$2,645
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
9
+12.5%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (9 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 7 Beds ($1,675,000 median)

Sales Market Overview

Median Price
$725,000
+1.4%
Median DOM
33
−2.9%
New Listings
11
−45.0%
Inventory
92
+3.4%
  • Average Price: $798,693
  • Median Price: $725,000
  • Price Range: $225,000 – $4,065,000
  • Price per Sq Ft (Avg/Median): $262 / $245
  • Square Footage (Avg/Median): 3,116 / 2,952
  • Square Footage Range: 1,345 – 6,170
  • Days on Market (Avg/Median): 53 / 33
  • Days on Market Range: 2 – 297
  • New Listings: 11
  • Total Listings: 92

Sales by Property Type

Land
Avg/Median Price$640,759 / $359,900Range$225,000 – $4,065,000Price per Sq FtSq FtDOM117 / 131New1Total17
Single Family
Avg/Median Price$905,833 / $775,000Range$289,900 – $2,875,000Price per Sq Ft$267 / $250Sq Ft3,334 / 3,290DOM44 / 31New9Total63
Townhouse
Avg/Median Price$459,950 / $459,655Range$410,000 – $484,715Price per Sq Ft$234 / $234Sq Ft1,970 / 1,997DOM20 / 9New1Total12

Sales by Bedroom Count

2 Beds
Avg:$615,000Median:$615,000Range:$615,000 – $615,000PSF:$295 / $295Sq Ft:2,083 / 2,083DOM:29 / 29New:0Total:1
3 Beds
Avg:$506,417Median:$477,825Range:$289,900 – $950,000PSF:$245 / $235Sq Ft:2,053 / 2,006DOM:27 / 13New:2Total:17
4 Beds
Avg:$942,184Median:$749,000Range:$585,000 – $2,875,000PSF:$288 / $265Sq Ft:3,134 / 2,952DOM:40 / 16New:7Total:25
5 Beds
Avg:$899,255Median:$809,940Range:$644,900 – $2,297,700PSF:$252 / $249Sq Ft:3,510 / 3,315DOM:52 / 35New:1Total:26
6 Beds
Avg:$950,510Median:$960,100Range:$868,200 – $1,056,050PSF:$227 / $224Sq Ft:4,188 / 4,266DOM:38 / 32New:0Total:5
7 Beds
Avg:$1,675,000Median:$1,675,000Range:$1,675,000 – $1,675,000PSF:$271 / $271Sq Ft:6,170 / 6,170DOM:14 / 14New:0Total:1

Rental Market Overview

Median Rent
$2,645
0.0%
Median DOM
1
0.0%
New Listings
6
Inventory
9
+12.5%
  • Average Rent: $2,604
  • Median Rent: $2,645
  • Rent Range: $2,150 – $3,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 2,512 / 2,309
  • Square Footage Range: 1,642 – 4,300
  • Days on Market (Avg/Median): 8 / 1
  • Days on Market Range: 1 – 54
  • New Listings: 6
  • Total Listings: 9

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$2,645
Median DOM: 1
Inventory: 9
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Single Family
Avg/Median Rent$2,604 / $2,645Range$2,150 – $3,500Rent per Sq Ft$1 / $1Sq Ft2,512 / 2,309DOM8 / 1New6Total9

Rentals by Bedroom Count

Studio
Avg:$3,500Median:$3,500Range:$3,500 – $3,500PSF:$1 / $1Sq Ft:3,762 / 3,762DOM:7 / 7New:1Total:1
3 Beds
Avg:$2,165Median:$2,150Range:$2,150 – $2,180PSF:$1 / $1Sq Ft:1,642 / 1,642DOM:1 / 1New:2Total:2
4 Beds
Avg:$2,453Median:$2,350Range:$2,315 – $2,695PSF:$1 / $1Sq Ft:2,077 / 1,946DOM:19 / 1New:2Total:3
5 Beds
Avg:$2,748Median:$2,700Range:$2,645 – $2,900PSF:$1 / $1Sq Ft:3,111 / 2,723DOM:1 / 1New:1Total:3

6-Month Sales Trend

Dec 2025
Median Price:$698,900Median DOM:48New:20Total:87
Jan 2026
Median Price:$660,000Median DOM:50New:17Total:85
Feb 2026
Median Price:$660,000Median DOM:59New:15Total:82
Mar 2026
Median Price:$724,210Median DOM:43New:25Total:81
Apr 2026
Median Price:$715,000Median DOM:34New:20Total:89
May 2026
Median Price:$725,000Median DOM:33New:11Total:92

6-Month Rental Trend

Dec 2025
Median Rent:$2,415Median DOM:1New:5Total:19
Jan 2026
Median Rent:$2,900Median DOM:5New:3Total:11
Feb 2026
Median Rent:$2,950Median DOM:12New:2Total:8
Mar 2026
Median Rent:$2,700Median DOM:8New:4Total:10
Apr 2026
Median Rent:$2,645Median DOM:1New:5Total:8
May 2026
Median Rent:$2,645Median DOM:1New:6Total:9

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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