ZIP 27571 Housing Market Report
Raleigh Metro
Report period: May 2026
27571 Monthly Market Update – May 2026
ZIP 27571 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$429,990
0.0%
Median DOM (Sales)
8
+14.3%
New Listings (Sales)
64
−33.3%
Median Rent
$2,400
+1.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
134
−1.5%
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 (6 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($850,000 median)
Sales Market Overview
Median Price
$429,990
0.0%
Median DOM
8
+14.3%
New Listings
64
−33.3%
Inventory
197
0.0%
- Average Price: $453,446
- Median Price: $429,990
- Price Range: $250,000 – $1,390,000
- Price per Sq Ft (Avg/Median): $193 / $190
- Square Footage (Avg/Median): 2,338 / 2,386
- Square Footage Range: 1,324 – 4,901
- Days on Market (Avg/Median): 35 / 8
- Days on Market Range: 2 – 355
- New Listings: 64
- Total Listings: 197
Sales by Property Type
Land
Avg/Median Price$1,390,000 / $1,390,000Range$1,390,000 – $1,390,000Price per Sq Ft—Sq Ft—DOM27 / 27New0Total1
Single Family
Avg/Median Price$511,714 / $488,990Range$265,000 – $925,000Price per Sq Ft$199 / $191Sq Ft2,616 / 2,571DOM34 / 11New33Total132
Townhouse
Avg/Median Price$318,635 / $306,990Range$250,000 – $406,935Price per Sq Ft$183 / $182Sq Ft1,764 / 1,792DOM36 / 6New31Total64
Sales by Bedroom Count
Studio
Avg:$304,500Median:$299,000Range:$299,000 – $310,000PSF:$161 / $161Sq Ft:1,893 / 1,858DOM:9 / 4New:1Total:2
2 Beds
Avg:$276,630Median:$284,990Range:$250,000 – $294,900PSF:$187 / $189Sq Ft:1,481 / 1,556DOM:45 / 39New:0Total:3
3 Beds
Avg:$361,734Median:$349,900Range:$265,000 – $669,000PSF:$199 / $194Sq Ft:1,831 / 1,805DOM:33 / 7New:40Total:93
4 Beds
Avg:$507,077Median:$488,990Range:$389,990 – $925,000PSF:$190 / $188Sq Ft:2,668 / 2,597DOM:35 / 10New:17Total:69
5 Beds
Avg:$600,784Median:$578,235Range:$429,990 – $850,000PSF:$187 / $180Sq Ft:3,226 / 3,070DOM:45 / 17New:6Total:26
6 Beds
Avg:$750,000Median:$850,000Range:$525,000 – $875,000PSF:$189 / $207Sq Ft:3,915 / 4,097DOM:16 / 13New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $304,500 | $299,000 | $299,000 – $310,000 | $161 / $161 | 1,893 / 1,858 | 9 / 4 | 1 | 2 |
| 2 Beds | $276,630 | $284,990 | $250,000 – $294,900 | $187 / $189 | 1,481 / 1,556 | 45 / 39 | 0 | 3 |
| 3 Beds | $361,734 | $349,900 | $265,000 – $669,000 | $199 / $194 | 1,831 / 1,805 | 33 / 7 | 40 | 93 |
| 4 Beds | $507,077 | $488,990 | $389,990 – $925,000 | $190 / $188 | 2,668 / 2,597 | 35 / 10 | 17 | 69 |
| 5 Beds | $600,784 | $578,235 | $429,990 – $850,000 | $187 / $180 | 3,226 / 3,070 | 45 / 17 | 6 | 26 |
| 6 Beds | $750,000 | $850,000 | $525,000 – $875,000 | $189 / $207 | 3,915 / 4,097 | 16 / 13 | 0 | 3 |
Rental Market Overview
Median Rent
$2,400
+1.1%
Median DOM
1
0.0%
New Listings
97
Inventory
134
−1.5%
- Average Rent: $2,361
- Median Rent: $2,400
- Rent Range: $1,393 – $3,000
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,844 / 1,684
- Square Footage Range: 904 – 3,395
- Days on Market (Avg/Median): 17 / 1
- Days on Market Range: 1 – 291
- New Listings: 97
- Total Listings: 134
Rentals by Property Type
Apartment
$2,425
Median DOM: 1
Inventory: 97
MoM: +1.1%
Condo
—
Median DOM: —
Inventory: —
MoM: +1.1%
Single Family
$2,300
Median DOM: 1
Inventory: 27
MoM: +1.1%
Townhouse
$1,800
Median DOM: 40
Inventory: 10
MoM: +1.1%
Apartment
Avg/Median Rent$2,393 / $2,425Range$1,393 – $2,685Rent per Sq Ft$1 / $1Sq Ft1,719 / 1,684DOM6 / 1New88Total97
Single Family
Avg/Median Rent$2,343 / $2,300Range$1,781 – $3,000Rent per Sq Ft$1 / $1Sq Ft2,343 / 2,400DOM31 / 1New7Total27
Townhouse
Avg/Median Rent$2,094 / $1,800Range$1,750 – $2,656Rent per Sq Ft$1 / $1Sq Ft1,676 / 1,640DOM81 / 40New2Total10
Rentals by Bedroom Count
2 Beds
Avg:$1,648Median:$1,670Range:$1,393 – $1,779PSF:$1 / $1Sq Ft:1,144 / 1,072DOM:167 / 42New:0Total:4
3 Beds
Avg:$2,365Median:$2,400Range:$1,781 – $2,685PSF:$1 / $1Sq Ft:1,746 / 1,684DOM:14 / 1New:92Total:112
4 Beds
Avg:$2,385Median:$2,280Range:$2,145 – $2,800PSF:$1 / $1Sq Ft:2,396 / 2,260DOM:6 / 1New:3Total:10
5 Beds
Avg:$2,624Median:$2,540Range:$2,375 – $3,000PSF:$1 / $1Sq Ft:2,853 / 2,609DOM:30 / 1New:2Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,648 | $1,670 | $1,393 – $1,779 | $1 / $1 | 1,144 / 1,072 | 167 / 42 | 0 | 4 |
| 3 Beds | $2,365 | $2,400 | $1,781 – $2,685 | $1 / $1 | 1,746 / 1,684 | 14 / 1 | 92 | 112 |
| 4 Beds | $2,385 | $2,280 | $2,145 – $2,800 | $1 / $1 | 2,396 / 2,260 | 6 / 1 | 3 | 10 |
| 5 Beds | $2,624 | $2,540 | $2,375 – $3,000 | $1 / $1 | 2,853 / 2,609 | 30 / 1 | 2 | 8 |
6-Month Sales Trend
Dec 2025
Median Price:$450,000Median DOM:26New:53Total:124
Jan 2026
Median Price:$418,135Median DOM:20New:62Total:141
Feb 2026
Median Price:$440,000Median DOM:7New:67Total:157
Mar 2026
Median Price:$419,990Median DOM:7New:108Total:187
Apr 2026
Median Price:$429,990Median DOM:7New:96Total:197
May 2026
Median Price:$429,990Median DOM:8New:64Total:197
6-Month Rental Trend
Dec 2025
Median Rent:$2,275Median DOM:51New:10Total:33
Jan 2026
Median Rent:$2,276Median DOM:1New:26Total:49
Feb 2026
Median Rent:$2,275Median DOM:1New:33Total:57
Mar 2026
Median Rent:$2,275Median DOM:1New:32Total:65
Apr 2026
Median Rent:$2,375Median DOM:1New:106Total:136
May 2026
Median Rent:$2,400Median DOM:1New:97Total:134
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. 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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