ZIP 27576 Housing Market Report

Raleigh Metro

Report period: August 2026

27576 Monthly Market Update – August 2026

ZIP 27576 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$339,706
−0.1%
Median DOM (Sales)
63
0.0%
New Listings (Sales)
9
−73.5%
Median Rent
$1,500
−6.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
22
−4.3%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Manufactured (52 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 8 Beds ($529,000 median)

Sales Market Overview

Median Price
$339,706
−0.1%
Median DOM
63
0.0%
New Listings
9
−73.5%
Inventory
241
−0.4%
  • Average Price: $415,787
  • Median Price: $339,706
  • Price Range: $30,000 – $7,500,000
  • Price per Sq Ft (Avg/Median): $193 / $192
  • Square Footage (Avg/Median): 1,976 / 1,836
  • Square Footage Range: 768 – 6,019
  • Days on Market (Avg/Median): 92 / 63
  • Days on Market Range: 2 – 362
  • New Listings: 9
  • Total Listings: 241

Sales by Property Type

Land
Avg/Median Price$1,115,709 / $100,000Range$30,000 – $7,500,000Price per Sq FtSq FtDOM111 / 74New1Total11
Manufactured
Avg/Median Price$204,557 / $209,000Range$168,000 – $245,000Price per Sq Ft$135 / $136Sq Ft1,563 / 1,624DOM45 / 52New2Total7
Multi-Family
Avg/Median Price$502,333 / $529,000Range$449,000 – $529,000Price per Sq Ft$174 / $173Sq Ft2,883 / 3,050DOM68 / 63New0Total3
Single Family
Avg/Median Price$386,332 / $342,900Range$139,900 – $2,200,000Price per Sq Ft$195 / $193Sq Ft1,977 / 1,836DOM93 / 63New6Total220

Sales by Bedroom Count

1 Beds
Avg:$185,000Median:$185,000Range:$185,000 – $185,000PSF:$230 / $230Sq Ft:806 / 806DOM:2 / 2New:0Total:1
2 Beds
Avg:$251,257Median:$199,000Range:$165,000 – $359,900PSF:$226 / $227Sq Ft:1,127 / 1,040DOM:32 / 25New:2Total:7
3 Beds
Avg:$345,506Median:$334,500Range:$139,900 – $748,000PSF:$196 / $198Sq Ft:1,774 / 1,656DOM:87 / 55New:2Total:151
4 Beds
Avg:$474,006Median:$350,000Range:$179,000 – $2,200,000PSF:$186 / $178Sq Ft:2,430 / 2,325DOM:96 / 73New:4Total:60
5 Beds
Avg:$359,910Median:$349,895Range:$349,895 – $420,000PSF:$145 / $138Sq Ft:2,495 / 2,530DOM:243 / 254New:0Total:7
6 Beds
Avg:$899,500Median:$449,000Range:$449,000 – $1,350,000PSF:$200 / $176Sq Ft:4,284 / 2,550DOM:90 / 63New:0Total:2
8 Beds
Avg:$529,000Median:$529,000Range:$529,000 – $529,000PSF:$173 / $173Sq Ft:3,050 / 3,050DOM:70 / 38New:0Total:2

Rental Market Overview

Median Rent
$1,500
−6.3%
Median DOM
1
0.0%
New Listings
7
Inventory
22
−4.3%
  • Average Rent: $1,488
  • Median Rent: $1,500
  • Rent Range: $475 – $1,999
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,302 / 1,247
  • Square Footage Range: 875 – 1,678
  • Days on Market (Avg/Median): 13 / 1
  • Days on Market Range: 1 – 86
  • New Listings: 7
  • Total Listings: 22

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: −6.3%
Condo
$950
Median DOM: 1
Inventory: 2
MoM: −6.3%
Single Family
$1,645
Median DOM: 1
Inventory: 17
MoM: −6.3%
Townhouse
$1,600
Median DOM: 1
Inventory: 2
MoM: −6.3%
Condo
Avg/Median Rent$1,025 / $950Range$950 – $1,100Rent per Sq Ft$1 / $1Sq Ft875 / 875DOM1 / 1New1Total2
Multi-Family
Avg/Median Rent$1,500 / $1,500Range$1,500 – $1,500Rent per Sq Ft$1 / $1Sq Ft1,100 / 1,100DOM4 / 4New1Total1
Single Family
Avg/Median Rent$1,522 / $1,645Range$475 – $1,999Rent per Sq Ft$1 / $1Sq Ft1,363 / 1,375DOM17 / 1New5Total17
Townhouse
Avg/Median Rent$1,650 / $1,600Range$1,600 – $1,699Rent per Sq Ft$1 / $1Sq Ft1,250 / 1,238DOM1 / 1New0Total2

Rentals by Bedroom Count

Studio
Avg:$475Median:$475Range:$475 – $475PSF:Sq Ft:DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,300Median:$1,300Range:$1,300 – $1,300PSF:$1 / $1Sq Ft:900 / 900DOM:43 / 43New:0Total:1
2 Beds
Avg:$1,270Median:$1,300Range:$950 – $1,500PSF:$1 / $1Sq Ft:989 / 992DOM:17 / 1New:2Total:5
3 Beds
Avg:$1,608Median:$1,645Range:$1,200 – $1,999PSF:$1 / $1Sq Ft:1,368 / 1,263DOM:11 / 1New:3Total:11
4 Beds
Avg:$1,730Median:$1,700Range:$1,675 – $1,795PSF:$1 / $1Sq Ft:1,505 / 1,535DOM:11 / 1New:1Total:4

6-Month Sales Trend

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:54New:46Total:231
Jun 2026
Median Price:$344,000Median DOM:47New:60Total:242
Jul 2026
Median Price:$340,000Median DOM:63New:34Total:242
Aug 2026
Median Price:$339,706Median DOM:63New:9Total:241

6-Month Rental Trend

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:20Total:38
Jun 2026
Median Rent:$1,425Median DOM:1New:11Total:32
Jul 2026
Median Rent:$1,600Median DOM:1New:15Total:23
Aug 2026
Median Rent:$1,500Median DOM:1New:7Total:22

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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