ZIP 27576 Housing Market Report

Raleigh Metro

Report period: July 2026

27576 Monthly Market Update – July 2026

ZIP 27576 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$342,900
−0.3%
Median DOM (Sales)
54
+14.9%
New Listings (Sales)
9
−85.0%
Median Rent
$1,550
+8.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
28
−12.5%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (19 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 8 Beds ($529,000 median)

Sales Market Overview

Median Price
$342,900
−0.3%
Median DOM
54
+14.9%
New Listings
9
−85.0%
Inventory
242
0.0%
  • Average Price: $417,657
  • Median Price: $342,900
  • Price Range: $30,000 – $7,500,000
  • Price per Sq Ft (Avg/Median): $196 / $193
  • Square Footage (Avg/Median): 1,943 / 1,784
  • Square Footage Range: 768 – 6,019
  • Days on Market (Avg/Median): 97 / 54
  • Days on Market Range: 2 – 365
  • New Listings: 9
  • Total Listings: 242

Sales by Property Type

Land
Avg/Median Price$1,236,590 / $159,000Range$30,000 – $7,500,000Price per Sq FtSq FtDOM100 / 82New0Total10
Manufactured
Avg/Median Price$212,967 / $199,900Range$168,000 – $255,000Price per Sq Ft$136 / $139Sq Ft1,625 / 1,624DOM49 / 36New0Total6
Multi-Family
Avg/Median Price$489,000 / $449,000Range$449,000 – $529,000Price per Sq Ft$175 / $173Sq Ft2,790 / 2,550DOM41 / 19New1Total4
Single Family
Avg/Median Price$385,558 / $344,900Range$84,999 – $2,300,000Price per Sq Ft$198 / $195Sq Ft1,937 / 1,784DOM100 / 54New8Total221
Townhouse
Avg/Median Price$264,900 / $264,900Range$264,900 – $264,900Price per Sq Ft$158 / $158Sq Ft1,672 / 1,672DOM107 / 107New0Total1

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:$260,462Median:$215,000Range:$84,999 – $359,900PSF:$218 / $222Sq Ft:1,188 / 1,040DOM:37 / 25New:0Total:8
3 Beds
Avg:$346,507Median:$335,162Range:$145,000 – $749,000PSF:$199 / $199Sq Ft:1,747 / 1,656DOM:83 / 49New:5Total:156
4 Beds
Avg:$481,747Median:$362,500Range:$179,000 – $2,300,000PSF:$189 / $179Sq Ft:2,420 / 2,325DOM:123 / 72New:3Total:56
5 Beds
Avg:$349,895Median:$349,895Range:$349,895 – $349,895PSF:$138 / $138Sq Ft:2,530 / 2,530DOM:318 / 339New:0Total:6
6 Beds
Avg:$749,333Median:$449,000Range:$449,000 – $1,350,000PSF:$193 / $179Sq Ft:3,693 / 2,550DOM:46 / 33New:0Total:3
8 Beds
Avg:$529,000Median:$529,000Range:$529,000 – $529,000PSF:$173 / $173Sq Ft:3,050 / 3,050DOM:55 / 8New:1Total:2

Rental Market Overview

Median Rent
$1,550
+8.8%
Median DOM
1
0.0%
New Listings
11
Inventory
28
−12.5%
  • Average Rent: $1,537
  • Median Rent: $1,550
  • Rent Range: $475 – $2,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,439 / 1,263
  • Square Footage Range: 900 – 2,700
  • Days on Market (Avg/Median): 8 / 1
  • Days on Market Range: 1 – 58
  • New Listings: 11
  • Total Listings: 28

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: +8.8%
Condo
$1,100
Median DOM: 1
Inventory: 1
MoM: +8.8%
Single Family
$1,550
Median DOM: 1
Inventory: 24
MoM: +8.8%
Townhouse
$1,600
Median DOM: 1
Inventory: 3
MoM: +8.8%
Condo
Avg/Median Rent$1,100 / $1,100Range$1,100 – $1,100Rent per Sq FtSq FtDOM1 / 1New1Total1
Single Family
Avg/Median Rent$1,558 / $1,550Range$475 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,473 / 1,375DOM9 / 1New9Total24
Townhouse
Avg/Median Rent$1,516 / $1,600Range$1,250 – $1,699Rent per Sq Ft$1 / $1Sq Ft1,267 / 1,263DOM1 / 1New1Total3

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:$1,220Median:$1,200Range:$1,000 – $1,500PSF:$1 / $1Sq Ft:992 / 992DOM:9 / 1New:1Total:5
3 Beds
Avg:$1,623Median:$1,600Range:$1,200 – $2,250PSF:$1 / $1Sq Ft:1,418 / 1,300DOM:6 / 1New:7Total:18
4 Beds
Avg:$1,725Median:$1,700Range:$1,700 – $1,750PSF:$1 / $1Sq Ft:1,439 / 1,222DOM:2 / 1New:2Total:2
5 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$1 / $1Sq Ft:2,700 / 2,700DOM:11 / 11New:0Total:1

6-Month Sales Trend

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:54New:46Total:231
Jun 2026
Median Price:$344,000Median DOM:47New:60Total:242
Jul 2026
Median Price:$342,900Median DOM:54New:9Total:242

6-Month Rental Trend

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:20Total:38
Jun 2026
Median Rent:$1,425Median DOM:1New:11Total:32
Jul 2026
Median Rent:$1,550Median DOM:1New:11Total:28

Key Market Takeaways

Median sale prices softened 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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