ZIP 27576 Housing Market Report

Raleigh Metro

Report period: May 2026

27576 Monthly Market Update – May 2026

ZIP 27576 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$336,900
+0.5%
Median DOM (Sales)
67
−29.5%
New Listings (Sales)
12
−72.1%
Median Rent
$1,425
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
41
0.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Manufactured (6 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 8 Beds ($529,000 median)

Sales Market Overview

Median Price
$336,900
+0.5%
Median DOM
67
−29.5%
New Listings
12
−72.1%
Inventory
221
+0.5%
  • Average Price: $391,228
  • Median Price: $336,900
  • Price Range: $30,000 – $7,500,000
  • Price per Sq Ft (Avg/Median): $192 / $195
  • Square Footage (Avg/Median): 1,887 / 1,784
  • Square Footage Range: 768 – 6,019
  • Days on Market (Avg/Median): 108 / 67
  • Days on Market Range: 1 – 359
  • New Listings: 12
  • Total Listings: 221

Sales by Property Type

Land
Avg/Median Price$957,478 / $159,000Range$30,000 – $7,500,000Price per Sq FtSq FtDOM97 / 46New0Total11
Manufactured
Avg/Median Price$222,425 / $199,900Range$185,000 – $264,900Price per Sq Ft$141 / $150Sq Ft1,657 / 1,512DOM46 / 6New0Total4
Multi-Family
Avg/Median Price$415,500 / $449,000Range$235,000 – $529,000Price per Sq Ft$176 / $173Sq Ft2,442 / 2,510DOM85 / 51New1Total4
Single Family
Avg/Median Price$363,744 / $337,840Range$84,999 – $2,300,000Price per Sq Ft$193 / $197Sq Ft1,882 / 1,784DOM110 / 67New11Total201
Townhouse
Avg/Median Price$264,900 / $264,900Range$264,900 – $264,900Price per Sq Ft$158 / $158Sq Ft1,672 / 1,672DOM88 / 88New0Total1

Sales by Bedroom Count

2 Beds
Avg:$169,711Median:$99,990Range:$84,999 – $360,000PSF:$177 / $107Sq Ft:951 / 950DOM:66 / 41New:1Total:7
3 Beds
Avg:$335,852Median:$330,000Range:$100,000 – $794,000PSF:$200 / $203Sq Ft:1,699 / 1,655DOM:97 / 60New:8Total:142
4 Beds
Avg:$435,676Median:$349,900Range:$184,900 – $2,300,000PSF:$180 / $174Sq Ft:2,317 / 2,321DOM:119 / 88New:2Total:49
5 Beds
Avg:$349,995Median:$349,995Range:$349,995 – $349,995PSF:$138 / $138Sq Ft:2,530 / 2,530DOM:286 / 291New:0Total:8
6 Beds
Avg:$791,000Median:$449,000Range:$449,000 – $1,475,000PSF:$190 / $179Sq Ft:3,863 / 3,060DOM:49 / 26New:1Total:3
8 Beds
Avg:$529,000Median:$529,000Range:$529,000 – $529,000PSF:$173 / $173Sq Ft:3,050 / 3,050DOM:51 / 51New:0Total:1

Rental Market Overview

Median Rent
$1,425
0.0%
Median DOM
1
0.0%
New Listings
16
Inventory
41
0.0%
  • Average Rent: $1,442
  • Median Rent: $1,425
  • Rent Range: $475 – $2,250
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,290 / 1,250
  • Square Footage Range: 720 – 2,117
  • Days on Market (Avg/Median): 14 / 1
  • Days on Market Range: 1 – 260
  • New Listings: 16
  • Total Listings: 41

Rentals by Property Type

Apartment
$950
Median DOM: 4
Inventory: 1
MoM: 0.0%
Condo
$1,050
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$1,425
Median DOM: 1
Inventory: 34
MoM: 0.0%
Townhouse
$1,250
Median DOM: 1
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$950 / $950Range$950 – $950Rent per Sq Ft$1 / $1Sq Ft950 / 950DOM4 / 4New0Total1
Condo
Avg/Median Rent$1,238 / $1,050Range$1,050 – $1,425Rent per Sq Ft$1 / $1Sq Ft1,040 / 1,040DOM1 / 1New1Total2
Single Family
Avg/Median Rent$1,458 / $1,425Range$475 – $2,250Rent per Sq Ft$1 / $1Sq Ft1,325 / 1,250DOM17 / 1New13Total34
Townhouse
Avg/Median Rent$1,531 / $1,250Range$1,250 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,246 / 1,263DOM1 / 1New2Total4

Rentals by Bedroom Count

Studio
Avg:$475Median:$475Range:$475 – $475PSF:Sq Ft:DOM:1 / 1New:1Total:1
2 Beds
Avg:$1,160Median:$1,195Range:$995 – $1,425PSF:$1 / $1Sq Ft:1,004 / 1,000DOM:4 / 1New:6Total:13
3 Beds
Avg:$1,579Median:$1,545Range:$950 – $2,250PSF:$1 / $1Sq Ft:1,384 / 1,300DOM:10 / 1New:9Total:24
4 Beds
Avg:$1,885Median:$1,885Range:$1,775 – $1,995PSF:$1 / $1Sq Ft:1,650 / 1,535DOM:131 / 1New:0Total:3

6-Month Sales Trend

Dec 2025
Median Price:$330,000Median DOM:118New:16Total:242
Jan 2026
Median Price:$330,000Median DOM:111New:26Total:229
Feb 2026
Median Price:$334,900Median DOM:115New:19Total:178
Mar 2026
Median Price:$324,950Median DOM:105New:30Total:200
Apr 2026
Median Price:$335,162Median DOM:95New:43Total:220
May 2026
Median Price:$336,900Median DOM:67New:12Total:221

6-Month Rental Trend

Dec 2025
Median Rent:$1,760Median DOM:2New:9Total:22
Jan 2026
Median Rent:$1,400Median DOM:1New:13Total:26
Feb 2026
Median Rent:$1,380Median DOM:1New:16Total:29
Mar 2026
Median Rent:$1,380Median DOM:1New:25Total:44
Apr 2026
Median Rent:$1,425Median DOM:1New:23Total:41
May 2026
Median Rent:$1,425Median DOM:1New:16Total:41

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 was flat.

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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