ZIP 27571 Housing Market Report

Raleigh Metro

Report period: August 2026

27571 Monthly Market Update – August 2026

ZIP 27571 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$404,990
0.0%
Median DOM (Sales)
13
+8.3%
New Listings (Sales)
60
−17.8%
Median Rent
$2,396
+0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
119
−5.6%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (7 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($875,000 median)

Sales Market Overview

Median Price
$404,990
0.0%
Median DOM
13
+8.3%
New Listings
60
−17.8%
Inventory
211
+7.7%
  • Average Price: $443,169
  • Median Price: $404,990
  • Price Range: $230,000 – $1,390,000
  • Price per Sq Ft (Avg/Median): $193 / $191
  • Square Footage (Avg/Median): 2,295 / 2,095
  • Square Footage Range: 1,324 – 4,901
  • Days on Market (Avg/Median): 41 / 13
  • Days on Market Range: 1 – 248
  • New Listings: 60
  • Total Listings: 211

Sales by Property Type

Land
Avg/Median Price$1,390,000 / $1,390,000Range$1,390,000 – $1,390,000Price per Sq FtSq FtDOM105 / 105New0Total1
Single Family
Avg/Median Price$516,032 / $492,165Range$319,900 – $900,000Price per Sq Ft$198 / $196Sq Ft2,640 / 2,608DOM39 / 20New23Total127
Townhouse
Avg/Median Price$320,271 / $309,990Range$230,000 – $406,935Price per Sq Ft$183 / $184Sq Ft1,765 / 1,805DOM44 / 7New37Total83

Sales by Bedroom Count

Studio
Avg:$299,000Median:$299,000Range:$299,000 – $299,000PSF:$161 / $161Sq Ft:1,858 / 1,858DOM:104 / 104New:0Total:1
2 Beds
Avg:$268,797Median:$284,990Range:$230,000 – $291,400PSF:$181 / $182Sq Ft:1,481 / 1,556DOM:120 / 113New:0Total:3
3 Beds
Avg:$346,944Median:$315,990Range:$259,990 – $700,000PSF:$196 / $192Sq Ft:1,779 / 1,805DOM:44 / 7New:36Total:98
4 Beds
Avg:$492,041Median:$462,000Range:$379,990 – $900,000PSF:$192 / $191Sq Ft:2,572 / 2,468DOM:32 / 8New:20Total:71
5 Beds
Avg:$588,967Median:$589,900Range:$319,900 – $835,000PSF:$186 / $182Sq Ft:3,178 / 3,114DOM:41 / 25New:4Total:36
6 Beds
Avg:$875,000Median:$875,000Range:$875,000 – $875,000PSF:$206 / $206Sq Ft:4,246 / 4,246DOM:73 / 73New:0Total:1

Rental Market Overview

Median Rent
$2,396
+0.0%
Median DOM
1
0.0%
New Listings
76
Inventory
119
−5.6%
  • Average Rent: $2,384
  • Median Rent: $2,396
  • Rent Range: $1,362 – $4,000
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,841 / 1,684
  • Square Footage Range: 773 – 5,000
  • Days on Market (Avg/Median): 14 / 1
  • Days on Market Range: 1 – 349
  • New Listings: 76
  • Total Listings: 119

Rentals by Property Type

Apartment
$2,425
Median DOM: 1
Inventory: 80
MoM: +0.0%
Condo
Median DOM:
Inventory:
MoM: +0.0%
Single Family
$2,595
Median DOM: 1
Inventory: 25
MoM: +0.0%
Townhouse
$1,950
Median DOM: 15
Inventory: 14
MoM: +0.0%
Apartment
Avg/Median Rent$2,367 / $2,425Range$1,362 – $2,710Rent per Sq Ft$1 / $1Sq Ft1,690 / 1,684DOM5 / 1New60Total80
Single Family
Avg/Median Rent$2,623 / $2,595Range$1,400 – $4,000Rent per Sq Ft$1 / $1Sq Ft2,405 / 2,162DOM14 / 1New12Total25
Townhouse
Avg/Median Rent$2,056 / $1,950Range$1,695 – $2,659Rent per Sq Ft$1 / $1Sq Ft1,702 / 1,684DOM65 / 15New4Total14

Rentals by Bedroom Count

1 Beds
Avg:$1,387Median:$1,400Range:$1,362 – $1,400PSF:$2 / $1Sq Ft:891 / 950DOM:13 / 6New:1Total:3
2 Beds
Avg:$1,646Median:$1,695Range:$1,387 – $1,775PSF:$1 / $1Sq Ft:1,326 / 1,342DOM:1 / 1New:2Total:4
3 Beds
Avg:$2,369Median:$2,300Range:$1,695 – $3,500PSF:$1 / $1Sq Ft:1,728 / 1,684DOM:16 / 1New:66Total:98
4 Beds
Avg:$2,760Median:$2,500Range:$2,185 – $4,000PSF:$1 / $1Sq Ft:2,581 / 2,417DOM:4 / 1New:5Total:8
5 Beds
Avg:$3,120Median:$2,850Range:$2,740 – $3,800PSF:$1 / $1Sq Ft:3,522 / 3,147DOM:5 / 1New:2Total:6

6-Month Sales Trend

Mar 2026
Median Price:$419,990Median DOM:7New:108Total:187
Apr 2026
Median Price:$429,990Median DOM:7New:96Total:197
May 2026
Median Price:$424,990Median DOM:8New:93Total:192
Jun 2026
Median Price:$407,990Median DOM:8New:104Total:215
Jul 2026
Median Price:$404,990Median DOM:12New:73Total:196
Aug 2026
Median Price:$404,990Median DOM:13New:60Total:211

6-Month Rental Trend

Mar 2026
Median Rent:$2,275Median DOM:1New:32Total:65
Apr 2026
Median Rent:$2,375Median DOM:1New:106Total:136
May 2026
Median Rent:$2,395Median DOM:1New:106Total:131
Jun 2026
Median Rent:$2,425Median DOM:1New:93Total:121
Jul 2026
Median Rent:$2,395Median DOM:1New:96Total:126
Aug 2026
Median Rent:$2,396Median DOM:1New:76Total:119

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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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