ZIP 27571 Housing Market Report

Raleigh Metro

Report period: July 2026

27571 Monthly Market Update – July 2026

ZIP 27571 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$404,990
−0.7%
Median DOM (Sales)
10
+25.0%
New Listings (Sales)
49
−52.9%
Median Rent
$2,425
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
129
+6.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.

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
−0.7%
Median DOM
10
+25.0%
New Listings
49
−52.9%
Inventory
212
−1.4%
  • Average Price: $442,580
  • Median Price: $404,990
  • Price Range: $250,000 – $1,390,000
  • Price per Sq Ft (Avg/Median): $194 / $192
  • Square Footage (Avg/Median): 2,275 / 2,031
  • Square Footage Range: 1,324 – 4,901
  • Days on Market (Avg/Median): 37 / 10
  • Days on Market Range: 1 – 246
  • New Listings: 49
  • Total Listings: 212

Sales by Property Type

Land
Avg/Median Price$1,390,000 / $1,390,000Range$1,390,000 – $1,390,000Price per Sq FtSq FtDOM87 / 87New0Total1
Single Family
Avg/Median Price$513,626 / $492,810Range$310,000 – $900,000Price per Sq Ft$199 / $194Sq Ft2,617 / 2,608DOM35 / 15New20Total130
Townhouse
Avg/Median Price$316,858 / $309,990Range$250,000 – $406,935Price per Sq Ft$185 / $187Sq Ft1,728 / 1,804DOM40 / 7New29Total81

Sales by Bedroom Count

Studio
Avg:$299,000Median:$299,000Range:$299,000 – $299,000PSF:$161 / $161Sq Ft:1,858 / 1,858DOM:73 / 73New:0Total:1
2 Beds
Avg:$275,463Median:$284,990Range:$250,000 – $291,400PSF:$186 / $187Sq Ft:1,481 / 1,556DOM:101 / 86New:0Total:3
3 Beds
Avg:$349,385Median:$325,275Range:$270,000 – $700,000PSF:$197 / $195Sq Ft:1,784 / 1,804DOM:37 / 7New:34Total:104
4 Beds
Avg:$499,230Median:$475,000Range:$310,000 – $900,000PSF:$192 / $192Sq Ft:2,598 / 2,581DOM:31 / 12New:12Total:71
5 Beds
Avg:$601,779Median:$599,900Range:$369,900 – $799,001PSF:$188 / $185Sq Ft:3,212 / 3,164DOM:45 / 31New:3Total:31
6 Beds
Avg:$875,000Median:$875,000Range:$875,000 – $875,000PSF:$206 / $206Sq Ft:4,246 / 4,246DOM:42 / 42New:0Total:1

Rental Market Overview

Median Rent
$2,425
0.0%
Median DOM
1
0.0%
New Listings
84
Inventory
129
+6.6%
  • Average Rent: $2,402
  • Median Rent: $2,425
  • Rent Range: $1,362 – $4,250
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,811 / 1,684
  • Square Footage Range: 773 – 3,754
  • Days on Market (Avg/Median): 15 / 1
  • Days on Market Range: 1 – 351
  • New Listings: 84
  • Total Listings: 129

Rentals by Property Type

Apartment
$2,425
Median DOM: 1
Inventory: 95
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$2,540
Median DOM: 1
Inventory: 23
MoM: 0.0%
Townhouse
$1,995
Median DOM: 3
Inventory: 11
MoM: 0.0%
Apartment
Avg/Median Rent$2,392 / $2,425Range$1,362 – $2,710Rent per Sq Ft$1 / $1Sq Ft1,717 / 1,684DOM8 / 1New71Total95
Single Family
Avg/Median Rent$2,600 / $2,540Range$1,895 – $4,250Rent per Sq Ft$1 / $1Sq Ft2,259 / 1,908DOM18 / 1New9Total23
Townhouse
Avg/Median Rent$2,084 / $1,995Range$1,750 – $2,656Rent per Sq Ft$1 / $1Sq Ft1,726 / 1,685DOM76 / 3New4Total11

Rentals by Bedroom Count

1 Beds
Avg:$1,362Median:$1,362Range:$1,362 – $1,362PSF:$2 / $2Sq Ft:773 / 773DOM:New:0Total:1
2 Beds
Avg:$1,637Median:$1,750Range:$1,387 – $1,775PSF:$1 / $1Sq Ft:1,287 / 1,400DOM:141 / 71New:1Total:3
3 Beds
Avg:$2,386Median:$2,395Range:$1,750 – $3,500PSF:$1 / $1Sq Ft:1,732 / 1,684DOM:12 / 1New:77Total:113
4 Beds
Avg:$2,801Median:$2,660Range:$2,285 – $4,250PSF:$1 / $1Sq Ft:2,693 / 2,786DOM:1 / 1New:5Total:7
5 Beds
Avg:$2,878Median:$2,850Range:$2,740 – $3,000PSF:$1 / $1Sq Ft:3,150 / 3,142DOM:32 / 1New:1Total:5

6-Month Sales Trend

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:$424,990Median DOM:8New:93Total:192
Jun 2026
Median Price:$407,990Median DOM:8New:104Total:215
Jul 2026
Median Price:$404,990Median DOM:10New:49Total:212

6-Month Rental Trend

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:$2,395Median DOM:1New:106Total:131
Jun 2026
Median Rent:$2,425Median DOM:1New:93Total:121
Jul 2026
Median Rent:$2,425Median DOM:1New:84Total:129

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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