ZIP 27591 Housing Market Report
Raleigh Metro
Report period: July 2026
27591 Monthly Market Update – July 2026
ZIP 27591 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$399,990
+0.0%
Median DOM (Sales)
27
+17.4%
New Listings (Sales)
152
−33.3%
Median Rent
$1,775
−0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
272
+5.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (7 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,190,000 median)
Sales Market Overview
Median Price
$399,990
+0.0%
Median DOM
27
+17.4%
New Listings
152
−33.3%
Inventory
585
−3.5%
- Average Price: $454,872
- Median Price: $399,990
- Price Range: $60,000 – $3,950,000
- Price per Sq Ft (Avg/Median): $203 / $195
- Square Footage (Avg/Median): 2,208 / 2,138
- Square Footage Range: 480 – 5,233
- Days on Market (Avg/Median): 49 / 27
- Days on Market Range: 1 – 357
- New Listings: 152
- Total Listings: 585
Sales by Property Type
Land
Avg/Median Price$720,836 / $159,900Range$109,900 – $3,950,000Price per Sq Ft—Sq Ft—DOM129 / 100New0Total14
Manufactured
Avg/Median Price$258,675 / $279,900Range$175,000 – $299,900Price per Sq Ft$163 / $146Sq Ft1,588 / 1,539DOM27 / 25New0Total4
Single Family
Avg/Median Price$469,758 / $419,890Range$60,000 – $1,400,000Price per Sq Ft$208 / $201Sq Ft2,276 / 2,200DOM49 / 29New118Total499
Townhouse
Avg/Median Price$302,425 / $289,999Range$244,520 – $450,000Price per Sq Ft$174 / $174Sq Ft1,747 / 1,714DOM36 / 7New34Total68
Sales by Bedroom Count
1 Beds
Avg:$60,000Median:$60,000Range:$60,000 – $60,000PSF:$125 / $125Sq Ft:480 / 480DOM:151 / 151New:0Total:1
2 Beds
Avg:$480,691Median:$309,990Range:$69,900 – $1,375,000PSF:$348 / $255Sq Ft:1,480 / 1,185DOM:50 / 32New:1Total:14
3 Beds
Avg:$391,465Median:$369,435Range:$175,000 – $1,295,000PSF:$207 / $207Sq Ft:1,878 / 1,823DOM:47 / 25New:72Total:277
4 Beds
Avg:$507,273Median:$437,990Range:$299,900 – $1,400,000PSF:$201 / $192Sq Ft:2,472 / 2,361DOM:54 / 31New:48Total:191
5 Beds
Avg:$483,683Median:$453,000Range:$354,410 – $1,200,000PSF:$175 / $167Sq Ft:2,752 / 2,700DOM:30 / 8New:31Total:85
6 Beds
Avg:$926,997Median:$1,190,000Range:$400,990 – $1,190,000PSF:$204 / $227Sq Ft:4,336 / 5,233DOM:87 / 100New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $60,000 | $60,000 | $60,000 – $60,000 | $125 / $125 | 480 / 480 | 151 / 151 | 0 | 1 |
| 2 Beds | $480,691 | $309,990 | $69,900 – $1,375,000 | $348 / $255 | 1,480 / 1,185 | 50 / 32 | 1 | 14 |
| 3 Beds | $391,465 | $369,435 | $175,000 – $1,295,000 | $207 / $207 | 1,878 / 1,823 | 47 / 25 | 72 | 277 |
| 4 Beds | $507,273 | $437,990 | $299,900 – $1,400,000 | $201 / $192 | 2,472 / 2,361 | 54 / 31 | 48 | 191 |
| 5 Beds | $483,683 | $453,000 | $354,410 – $1,200,000 | $175 / $167 | 2,752 / 2,700 | 30 / 8 | 31 | 85 |
| 6 Beds | $926,997 | $1,190,000 | $400,990 – $1,190,000 | $204 / $227 | 4,336 / 5,233 | 87 / 100 | 0 | 3 |
Rental Market Overview
Median Rent
$1,775
−0.3%
Median DOM
1
0.0%
New Listings
126
Inventory
272
+5.8%
- Average Rent: $1,815
- Median Rent: $1,775
- Rent Range: $1,204 – $2,995
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,366 / 1,181
- Square Footage Range: 500 – 3,252
- Days on Market (Avg/Median): 12 / 1
- Days on Market Range: 1 – 362
- New Listings: 126
- Total Listings: 272
Rentals by Property Type
Apartment
$1,519
Median DOM: 1
Inventory: 161
MoM: −0.3%
Condo
—
Median DOM: —
Inventory: —
MoM: −0.3%
Single Family
$2,170
Median DOM: 1
Inventory: 87
MoM: −0.3%
Townhouse
$1,975
Median DOM: 17
Inventory: 24
MoM: −0.3%
Apartment
Avg/Median Rent$1,608 / $1,519Range$1,204 – $2,723Rent per Sq Ft$2 / $2Sq Ft1,055 / 1,073DOM5 / 1New91Total161
Single Family
Avg/Median Rent$2,117 / $2,170Range$1,300 – $2,995Rent per Sq Ft$1 / $1Sq Ft1,887 / 1,882DOM18 / 1New29Total87
Townhouse
Avg/Median Rent$2,117 / $1,975Range$1,750 – $2,725Rent per Sq Ft$1 / $1Sq Ft1,738 / 1,726DOM39 / 17New6Total24
Rentals by Bedroom Count
Studio
Avg:$1,407Median:$1,276Range:$1,256 – $1,950PSF:$2 / $2Sq Ft:828 / 643DOM:4 / 1New:3Total:5
1 Beds
Avg:$1,351Median:$1,327Range:$1,204 – $1,666PSF:$2 / $2Sq Ft:765 / 790DOM:4 / 1New:40Total:73
2 Beds
Avg:$1,667Median:$1,659Range:$1,434 – $2,021PSF:$1 / $1Sq Ft:1,163 / 1,080DOM:1 / 1New:38Total:61
3 Beds
Avg:$2,040Median:$2,065Range:$1,300 – $2,640PSF:$1 / $1Sq Ft:1,643 / 1,618DOM:17 / 1New:34Total:85
4 Beds
Avg:$2,335Median:$2,295Range:$1,990 – $2,995PSF:$1 / $1Sq Ft:2,087 / 2,002DOM:31 / 10New:11Total:39
5 Beds
Avg:$2,443Median:$2,395Range:$2,195 – $2,695PSF:$1 / $1Sq Ft:2,745 / 2,788DOM:27 / 15New:0Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,407 | $1,276 | $1,256 – $1,950 | $2 / $2 | 828 / 643 | 4 / 1 | 3 | 5 |
| 1 Beds | $1,351 | $1,327 | $1,204 – $1,666 | $2 / $2 | 765 / 790 | 4 / 1 | 40 | 73 |
| 2 Beds | $1,667 | $1,659 | $1,434 – $2,021 | $1 / $1 | 1,163 / 1,080 | 1 / 1 | 38 | 61 |
| 3 Beds | $2,040 | $2,065 | $1,300 – $2,640 | $1 / $1 | 1,643 / 1,618 | 17 / 1 | 34 | 85 |
| 4 Beds | $2,335 | $2,295 | $1,990 – $2,995 | $1 / $1 | 2,087 / 2,002 | 31 / 10 | 11 | 39 |
| 5 Beds | $2,443 | $2,395 | $2,195 – $2,695 | $1 / $1 | 2,745 / 2,788 | 27 / 15 | 0 | 9 |
6-Month Sales Trend
Feb 2026
Median Price:$390,490Median DOM:17New:262Total:568
Mar 2026
Median Price:$392,499Median DOM:17New:250Total:583
Apr 2026
Median Price:$399,900Median DOM:18New:246Total:584
May 2026
Median Price:$399,990Median DOM:17New:262Total:622
Jun 2026
Median Price:$399,900Median DOM:23New:228Total:606
Jul 2026
Median Price:$399,990Median DOM:27New:152Total:585
6-Month Rental Trend
Feb 2026
Median Rent:$1,715Median DOM:1New:171Total:235
Mar 2026
Median Rent:$1,754Median DOM:1New:197Total:266
Apr 2026
Median Rent:$1,795Median DOM:1New:177Total:265
May 2026
Median Rent:$1,795Median DOM:1New:165Total:265
Jun 2026
Median Rent:$1,780Median DOM:1New:167Total:257
Jul 2026
Median Rent:$1,775Median DOM:1New:126Total:272
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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