ZIP 27592 Housing Market Report
Raleigh Metro
Report period: May 2026
27592 Monthly Market Update – May 2026
ZIP 27592 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$434,990
+2.4%
Median DOM (Sales)
19
+26.7%
New Listings (Sales)
48
−45.5%
Median Rent
$1,960
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
30
−3.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (10 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 4 Beds ($520,000 median)
Sales Market Overview
Median Price
$434,990
+2.4%
Median DOM
19
+26.7%
New Listings
48
−45.5%
Inventory
212
+3.9%
- Average Price: $436,134
- Median Price: $434,990
- Price Range: $114,000 – $1,750,000
- Price per Sq Ft (Avg/Median): $192 / $189
- Square Footage (Avg/Median): 2,330 / 2,418
- Square Footage Range: 1,056 – 4,755
- Days on Market (Avg/Median): 38 / 19
- Days on Market Range: 2 – 277
- New Listings: 48
- Total Listings: 212
Sales by Property Type
Land
Avg/Median Price$401,545 / $180,000Range$114,000 – $1,750,000Price per Sq Ft—Sq Ft—DOM47 / 51New2Total11
Manufactured
Avg/Median Price$271,400 / $274,900Range$135,000 – $430,000Price per Sq Ft$164 / $174Sq Ft1,684 / 1,640DOM34 / 32New1Total7
Single Family
Avg/Median Price$476,578 / $467,040Range$175,000 – $1,195,000Price per Sq Ft$195 / $189Sq Ft2,517 / 2,515DOM40 / 20New37Total150
Townhouse
Avg/Median Price$333,112 / $302,490Range$269,990 – $549,990Price per Sq Ft$188 / $186Sq Ft1,797 / 1,558DOM33 / 10New8Total44
Sales by Bedroom Count
2 Beds
Avg:$286,300Median:$284,000Range:$175,000 – $399,900PSF:$210 / $186Sq Ft:1,340 / 1,440DOM:30 / 14New:1Total:3
3 Beds
Avg:$370,039Median:$359,201Range:$135,000 – $715,000PSF:$201 / $199Sq Ft:1,861 / 1,806DOM:33 / 14New:21Total:106
4 Beds
Avg:$534,257Median:$520,000Range:$285,000 – $1,195,000PSF:$189 / $187Sq Ft:2,817 / 2,778DOM:44 / 27New:12Total:60
5 Beds
Avg:$497,029Median:$479,990Range:$422,985 – $595,000PSF:$167 / $173Sq Ft:3,065 / 2,804DOM:42 / 11New:12Total:32
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $286,300 | $284,000 | $175,000 – $399,900 | $210 / $186 | 1,340 / 1,440 | 30 / 14 | 1 | 3 |
| 3 Beds | $370,039 | $359,201 | $135,000 – $715,000 | $201 / $199 | 1,861 / 1,806 | 33 / 14 | 21 | 106 |
| 4 Beds | $534,257 | $520,000 | $285,000 – $1,195,000 | $189 / $187 | 2,817 / 2,778 | 44 / 27 | 12 | 60 |
| 5 Beds | $497,029 | $479,990 | $422,985 – $595,000 | $167 / $173 | 3,065 / 2,804 | 42 / 11 | 12 | 32 |
Rental Market Overview
Median Rent
$1,960
0.0%
Median DOM
1
0.0%
New Listings
5
Inventory
30
−3.2%
- Average Rent: $1,835
- Median Rent: $1,960
- Rent Range: $800 – $2,500
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,604 / 1,550
- Square Footage Range: 750 – 2,539
- Days on Market (Avg/Median): 20 / 1
- Days on Market Range: 1 – 84
- New Listings: 5
- Total Listings: 30
Rentals by Property Type
Apartment
$1,400
Median DOM: —
Inventory: 1
MoM: 0.0%
Condo
$800
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$1,995
Median DOM: 1
Inventory: 26
MoM: 0.0%
Townhouse
$1,850
Median DOM: 16
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$2 / $2Sq Ft750 / 750DOM—New0Total1
Condo
Avg/Median Rent$800 / $800Range$800 – $800Rent per Sq Ft—Sq Ft—DOM1 / 1New0Total2
Single Family
Avg/Median Rent$1,931 / $1,995Range$1,300 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,641 / 1,550DOM22 / 1New5Total26
Townhouse
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$1 / $1Sq Ft1,552 / 1,552DOM16 / 16New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,000Median:$800Range:$800 – $1,400PSF:$2 / $2Sq Ft:750 / 750DOM:1 / 1New:0Total:3
2 Beds
Avg:$1,350Median:$1,300Range:$1,300 – $1,400PSF:$1 / $1Sq Ft:1,100 / 1,000DOM:—New:0Total:2
3 Beds
Avg:$1,948Median:$1,975Range:$1,619 – $2,360PSF:$1 / $1Sq Ft:1,613 / 1,550DOM:24 / 16New:5Total:22
4 Beds
Avg:$2,165Median:$2,000Range:$1,995 – $2,500PSF:$1 / $1Sq Ft:2,162 / 2,200DOM:10 / 1New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,000 | $800 | $800 – $1,400 | $2 / $2 | 750 / 750 | 1 / 1 | 0 | 3 |
| 2 Beds | $1,350 | $1,300 | $1,300 – $1,400 | $1 / $1 | 1,100 / 1,000 | — | 0 | 2 |
| 3 Beds | $1,948 | $1,975 | $1,619 – $2,360 | $1 / $1 | 1,613 / 1,550 | 24 / 16 | 5 | 22 |
| 4 Beds | $2,165 | $2,000 | $1,995 – $2,500 | $1 / $1 | 2,162 / 2,200 | 10 / 1 | 0 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$404,990Median DOM:35New:60Total:161
Jan 2026
Median Price:$389,990Median DOM:15New:84Total:168
Feb 2026
Median Price:$419,500Median DOM:24New:71Total:180
Mar 2026
Median Price:$425,000Median DOM:17New:92Total:214
Apr 2026
Median Price:$425,000Median DOM:15New:88Total:204
May 2026
Median Price:$434,990Median DOM:19New:48Total:212
6-Month Rental Trend
Dec 2025
Median Rent:$1,700Median DOM:1New:7Total:18
Jan 2026
Median Rent:$1,765Median DOM:6New:10Total:17
Feb 2026
Median Rent:$1,810Median DOM:5New:13Total:23
Mar 2026
Median Rent:$1,960Median DOM:1New:15Total:29
Apr 2026
Median Rent:$1,960Median DOM:1New:17Total:31
May 2026
Median Rent:$1,960Median DOM:1New:5Total:30
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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