ZIP 27591 Housing Market Report
Raleigh Metro
Report period: August 2026
27591 Monthly Market Update – August 2026
ZIP 27591 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$399,000
−0.2%
Median DOM (Sales)
19
−5.0%
New Listings (Sales)
173
−24.8%
Median Rent
$1,800
+2.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
271
+1.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (4 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,190,000 median)
Sales Market Overview
Median Price
$399,000
−0.2%
Median DOM
19
−5.0%
New Listings
173
−24.8%
Inventory
538
−4.8%
- Average Price: $458,816
- Median Price: $399,000
- Price Range: $60,000 – $3,950,000
- Price per Sq Ft (Avg/Median): $202 / $190
- Square Footage (Avg/Median): 2,231 / 2,143
- Square Footage Range: 480 – 5,233
- Days on Market (Avg/Median): 50 / 19
- Days on Market Range: 1 – 351
- New Listings: 173
- Total Listings: 538
Sales by Property Type
Apartment
Avg/Median Price$319,990 / $319,990Range$319,990 – $319,990Price per Sq Ft$215 / $215Sq Ft1,485 / 1,485DOM21 / 21New0Total1
Land
Avg/Median Price$770,138 / $275,000Range$99,000 – $3,950,000Price per Sq Ft—Sq Ft—DOM149 / 130New0Total13
Manufactured
Avg/Median Price$236,617 / $279,900Range$100,000 – $310,000Price per Sq Ft$139 / $146Sq Ft1,708 / 1,539DOM22 / 4New2Total6
Multi-Family
Avg/Median Price$356,250 / $297,500Range$297,500 – $414,999Price per Sq Ft$163 / $149Sq Ft2,175 / 1,991DOM12 / 6New1Total2
Single Family
Avg/Median Price$477,895 / $414,900Range$60,000 – $1,375,000Price per Sq Ft$208 / $198Sq Ft2,313 / 2,229DOM50 / 21New139Total445
Townhouse
Avg/Median Price$305,862 / $289,999Range$244,520 – $450,000Price per Sq Ft$173 / $172Sq Ft1,774 / 1,714DOM40 / 8New31Total71
Sales by Bedroom Count
1 Beds
Avg:$60,000Median:$60,000Range:$60,000 – $60,000PSF:$125 / $125Sq Ft:480 / 480DOM:171 / 171New:0Total:1
2 Beds
Avg:$441,059Median:$345,000Range:$66,900 – $1,375,000PSF:$338 / $242Sq Ft:1,445 / 1,185DOM:56 / 54New:2Total:13
3 Beds
Avg:$382,896Median:$357,425Range:$100,000 – $1,200,000PSF:$205 / $204Sq Ft:1,864 / 1,823DOM:47 / 19New:68Total:241
4 Beds
Avg:$509,588Median:$429,999Range:$299,900 – $1,375,000PSF:$200 / $187Sq Ft:2,480 / 2,355DOM:57 / 27New:60Total:183
5 Beds
Avg:$500,291Median:$462,560Range:$354,410 – $1,300,000PSF:$176 / $166Sq Ft:2,803 / 2,700DOM:28 / 6New:42Total:83
6 Beds
Avg:$995,248Median:$1,190,000Range:$400,990 – $1,200,000PSF:$246 / $227Sq Ft:4,061 / 3,237DOM:82 / 40New:1Total:4
| 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 | 171 / 171 | 0 | 1 |
| 2 Beds | $441,059 | $345,000 | $66,900 – $1,375,000 | $338 / $242 | 1,445 / 1,185 | 56 / 54 | 2 | 13 |
| 3 Beds | $382,896 | $357,425 | $100,000 – $1,200,000 | $205 / $204 | 1,864 / 1,823 | 47 / 19 | 68 | 241 |
| 4 Beds | $509,588 | $429,999 | $299,900 – $1,375,000 | $200 / $187 | 2,480 / 2,355 | 57 / 27 | 60 | 183 |
| 5 Beds | $500,291 | $462,560 | $354,410 – $1,300,000 | $176 / $166 | 2,803 / 2,700 | 28 / 6 | 42 | 83 |
| 6 Beds | $995,248 | $1,190,000 | $400,990 – $1,200,000 | $246 / $227 | 4,061 / 3,237 | 82 / 40 | 1 | 4 |
Rental Market Overview
Median Rent
$1,800
+2.9%
Median DOM
1
0.0%
New Listings
122
Inventory
271
+1.5%
- Average Rent: $1,828
- Median Rent: $1,800
- Rent Range: $1,194 – $3,043
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,356 / 1,215
- Square Footage Range: 500 – 3,252
- Days on Market (Avg/Median): 12 / 1
- Days on Market Range: 1 – 323
- New Listings: 122
- Total Listings: 271
Rentals by Property Type
Apartment
$1,559
Median DOM: 1
Inventory: 155
MoM: +2.9%
Condo
—
Median DOM: —
Inventory: —
MoM: +2.9%
Single Family
$2,035
Median DOM: 1
Inventory: 87
MoM: +2.9%
Townhouse
$1,950
Median DOM: 17
Inventory: 29
MoM: +2.9%
Apartment
Avg/Median Rent$1,669 / $1,559Range$1,194 – $3,043Rent per Sq Ft$2 / $2Sq Ft1,037 / 1,073DOM3 / 1New81Total155
Single Family
Avg/Median Rent$2,023 / $2,035Range$1,437 – $2,650Rent per Sq Ft$1 / $1Sq Ft1,813 / 1,775DOM19 / 1New34Total87
Townhouse
Avg/Median Rent$2,097 / $1,950Range$1,694 – $2,800Rent per Sq Ft$1 / $1Sq Ft1,782 / 1,726DOM42 / 17New7Total29
Rentals by Bedroom Count
Studio
Avg:$1,495Median:$1,593Range:$1,194 – $1,800PSF:$2 / $2Sq Ft:828 / 643DOM:13 / 1New:3Total:5
1 Beds
Avg:$1,405Median:$1,310Range:$1,204 – $2,509PSF:$2 / $2Sq Ft:764 / 790DOM:5 / 1New:40Total:72
2 Beds
Avg:$1,747Median:$1,714Range:$1,434 – $2,470PSF:$1 / $1Sq Ft:1,175 / 1,080DOM:2 / 1New:27Total:60
3 Beds
Avg:$2,014Median:$1,939Range:$1,437 – $3,043PSF:$1 / $1Sq Ft:1,604 / 1,590DOM:18 / 1New:41Total:93
4 Beds
Avg:$2,275Median:$2,220Range:$1,900 – $2,800PSF:$1 / $1Sq Ft:2,076 / 2,002DOM:29 / 1New:11Total:33
5 Beds
Avg:$2,459Median:$2,410Range:$2,294 – $2,650PSF:$1 / $1Sq Ft:2,804 / 2,788DOM:27 / 15New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,495 | $1,593 | $1,194 – $1,800 | $2 / $2 | 828 / 643 | 13 / 1 | 3 | 5 |
| 1 Beds | $1,405 | $1,310 | $1,204 – $2,509 | $2 / $2 | 764 / 790 | 5 / 1 | 40 | 72 |
| 2 Beds | $1,747 | $1,714 | $1,434 – $2,470 | $1 / $1 | 1,175 / 1,080 | 2 / 1 | 27 | 60 |
| 3 Beds | $2,014 | $1,939 | $1,437 – $3,043 | $1 / $1 | 1,604 / 1,590 | 18 / 1 | 41 | 93 |
| 4 Beds | $2,275 | $2,220 | $1,900 – $2,800 | $1 / $1 | 2,076 / 2,002 | 29 / 1 | 11 | 33 |
| 5 Beds | $2,459 | $2,410 | $2,294 – $2,650 | $1 / $1 | 2,804 / 2,788 | 27 / 15 | 0 | 8 |
6-Month Sales Trend
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:$399,890Median DOM:20New:230Total:565
Aug 2026
Median Price:$399,000Median DOM:19New:173Total:538
6-Month Rental Trend
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:$1,750Median DOM:1New:164Total:267
Aug 2026
Median Rent:$1,800Median DOM:1New:122Total:271
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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