ZIP 27572 Housing Market Report

Raleigh Metro

Report period: May 2026

27572 Monthly Market Update – May 2026

ZIP 27572 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$289,900
−13.5%
Median DOM (Sales)
41
−4.7%
New Listings (Sales)
6
−33.3%
Median Rent
$1,850
+2.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
2
−50.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Manufactured (7 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 4 Beds ($899,000 median)

Sales Market Overview

Median Price
$289,900
−13.5%
Median DOM
41
−4.7%
New Listings
6
−33.3%
Inventory
52
+6.1%
  • Average Price: $605,077
  • Median Price: $289,900
  • Price Range: $25,000 – $5,890,500
  • Price per Sq Ft (Avg/Median): $239 / $229
  • Square Footage (Avg/Median): 1,980 / 1,745
  • Square Footage Range: 850 – 4,090
  • Days on Market (Avg/Median): 87 / 41
  • Days on Market Range: 2 – 353
  • New Listings: 6
  • Total Listings: 52

Sales by Property Type

Land
Avg/Median Price$746,408 / $150,000Range$25,000 – $5,890,500Price per Sq FtSq FtDOM123 / 74New1Total24
Manufactured
Avg/Median Price$251,800 / $260,000Range$230,000 – $265,000Price per Sq Ft$173 / $156Sq Ft1,515 / 1,495DOM22 / 7New2Total5
Single Family
Avg/Median Price$534,400 / $420,000Range$169,900 – $1,495,000Price per Sq Ft$253 / $232Sq Ft2,081 / 1,967DOM66 / 35New3Total23

Sales by Bedroom Count

2 Beds
Avg:$347,980Median:$335,000Range:$169,900 – $550,000PSF:$261 / $241Sq Ft:1,352 / 1,080DOM:42 / 16New:0Total:5
3 Beds
Avg:$415,683Median:$370,000Range:$230,000 – $925,000PSF:$223 / $208Sq Ft:1,844 / 1,699DOM:51 / 30New:5Total:18
4 Beds
Avg:$865,600Median:$899,000Range:$399,000 – $1,495,000PSF:$273 / $232Sq Ft:3,099 / 2,997DOM:102 / 60New:0Total:5

Rental Market Overview

Median Rent
$1,850
+2.8%
Median DOM
1
0.0%
New Listings
0
Inventory
2
−50.0%
  • Average Rent: $2,075
  • Median Rent: $1,850
  • Rent Range: $1,850 – $2,300
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,560 / 1,560
  • Square Footage Range: 1,560 – 1,560
  • Days on Market (Avg/Median): 1 / 1
  • Days on Market Range: 1 – 1
  • New Listings: 0
  • Total Listings: 2

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: +2.8%
Condo
Median DOM:
Inventory:
MoM: +2.8%
Single Family
$1,850
Median DOM: 1
Inventory: 2
MoM: +2.8%
Townhouse
Median DOM:
Inventory:
MoM: +2.8%
Single Family
Avg/Median Rent$2,075 / $1,850Range$1,850 – $2,300Rent per Sq Ft$1 / $1Sq Ft1,560 / 1,560DOM1 / 1New0Total2

Rentals by Bedroom Count

3 Beds
Avg:$2,075Median:$1,850Range:$1,850 – $2,300PSF:$1 / $1Sq Ft:1,560 / 1,560DOM:1 / 1New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$390,000Median DOM:94New:4Total:40
Jan 2026
Median Price:$390,000Median DOM:106New:6Total:40
Feb 2026
Median Price:$399,000Median DOM:106New:7Total:39
Mar 2026
Median Price:$285,000Median DOM:32New:12Total:43
Apr 2026
Median Price:$335,000Median DOM:43New:9Total:49
May 2026
Median Price:$289,900Median DOM:41New:6Total:52

6-Month Rental Trend

Dec 2025
Median Rent:$1,975Median DOM:5New:0Total:2
Jan 2026
Median Rent:$1,975Median DOM:1New:2Total:4
Feb 2026
Median Rent:$1,800Median DOM:1New:2Total:4
Mar 2026
Median Rent:$1,800Median DOM:1New:3Total:4
Apr 2026
Median Rent:$1,800Median DOM:1New:2Total:4
May 2026
Median Rent:$1,850Median DOM:1New:0Total:2

Key Market Takeaways

Median sale prices softened 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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