ZIP 27592 Housing Market Report

Raleigh Metro

Report period: August 2026

27592 Monthly Market Update – August 2026

ZIP 27592 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$419,990
+1.2%
Median DOM (Sales)
26
−10.3%
New Listings (Sales)
41
−38.8%
Median Rent
$1,835
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
29
−3.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (6 DOM)
  • Fastest renting: Single Family (1 DOM)
  • Strongest bedroom: 4 Beds ($499,700 median)

Sales Market Overview

Median Price
$419,990
+1.2%
Median DOM
26
−10.3%
New Listings
41
−38.8%
Inventory
189
−3.1%
  • Average Price: $424,414
  • Median Price: $419,990
  • Price Range: $50,000 – $1,750,000
  • Price per Sq Ft (Avg/Median): $189 / $186
  • Square Footage (Avg/Median): 2,319 / 2,340
  • Square Footage Range: 911 – 5,056
  • Days on Market (Avg/Median): 50 / 26
  • Days on Market Range: 2 – 305
  • New Listings: 41
  • Total Listings: 189

Sales by Property Type

Land
Avg/Median Price$401,692 / $130,000Range$50,000 – $1,750,000Price per Sq FtSq FtDOM94 / 101New1Total13
Manufactured
Avg/Median Price$228,763 / $229,995Range$99,000 – $365,000Price per Sq Ft$168 / $174Sq Ft1,348 / 1,227DOM54 / 32New0Total11
Single Family
Avg/Median Price$471,183 / $449,990Range$200,000 – $1,095,000Price per Sq Ft$193 / $191Sq Ft2,551 / 2,566DOM52 / 30New24Total131
Townhouse
Avg/Median Price$316,200 / $299,990Range$259,990 – $613,990Price per Sq Ft$182 / $186Sq Ft1,737 / 1,713DOM23 / 6New16Total34

Sales by Bedroom Count

2 Beds
Avg:$169,950Median:$139,900Range:$139,900 – $200,000PSF:$173 / $127Sq Ft:1,006 / 911DOM:13 / 5New:0Total:2
3 Beds
Avg:$363,758Median:$355,000Range:$99,000 – $875,000PSF:$199 / $191Sq Ft:1,834 / 1,713DOM:38 / 17New:24Total:95
4 Beds
Avg:$512,610Median:$499,700Range:$285,000 – $1,095,000PSF:$188 / $190Sq Ft:2,747 / 2,762DOM:57 / 45New:10Total:56
5 Beds
Avg:$495,181Median:$479,990Range:$402,985 – $613,990PSF:$151 / $155Sq Ft:3,392 / 3,031DOM:58 / 60New:6Total:23

Rental Market Overview

Median Rent
$1,835
0.0%
Median DOM
1
0.0%
New Listings
7
Inventory
29
−3.3%
  • Average Rent: $1,808
  • Median Rent: $1,835
  • Rent Range: $1,200 – $2,600
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,526 / 1,400
  • Square Footage Range: 750 – 2,618
  • Days on Market (Avg/Median): 18 / 1
  • Days on Market Range: 1 – 120
  • New Listings: 7
  • Total Listings: 29

Rentals by Property Type

Apartment
$1,400
Median DOM:
Inventory: 1
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,835
Median DOM: 1
Inventory: 27
MoM: 0.0%
Townhouse
$1,950
Median DOM: 12
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$2 / $2Sq Ft750 / 750DOMNew0Total1
Single Family
Avg/Median Rent$1,818 / $1,835Range$1,200 – $2,600Rent per Sq Ft$1 / $1Sq Ft1,541 / 1,400DOM18 / 1New7Total27
Townhouse
Avg/Median Rent$1,950 / $1,950Range$1,950 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,955 / 1,955DOM12 / 12New0Total1

Rentals by Bedroom Count

1 Beds
Avg:$1,300Median:$1,200Range:$1,200 – $1,400PSF:$2 / $2Sq Ft:750 / 750DOM:29 / 29New:0Total:2
2 Beds
Avg:$1,300Median:$1,200Range:$1,200 – $1,400PSF:$1 / $1Sq Ft:1,100 / 1,100DOM:1 / 1New:1Total:2
3 Beds
Avg:$1,829Median:$1,835Range:$1,350 – $2,400PSF:$1 / $1Sq Ft:1,535 / 1,350DOM:13 / 1New:5Total:22
4 Beds
Avg:$2,332Median:$2,500Range:$1,895 – $2,600PSF:$1 / $1Sq Ft:1,866 / 1,798DOM:56 / 47New:1Total:3

6-Month Sales Trend

Mar 2026
Median Price:$425,000Median DOM:17New:92Total:214
Apr 2026
Median Price:$425,000Median DOM:15New:88Total:204
May 2026
Median Price:$427,000Median DOM:20New:93Total:219
Jun 2026
Median Price:$419,990Median DOM:26New:69Total:208
Jul 2026
Median Price:$415,000Median DOM:29New:67Total:195
Aug 2026
Median Price:$419,990Median DOM:26New:41Total:189

6-Month Rental Trend

Mar 2026
Median Rent:$1,960Median DOM:1New:15Total:29
Apr 2026
Median Rent:$1,960Median DOM:1New:17Total:31
May 2026
Median Rent:$1,895Median DOM:1New:13Total:36
Jun 2026
Median Rent:$1,895Median DOM:9New:13Total:33
Jul 2026
Median Rent:$1,835Median DOM:1New:11Total:30
Aug 2026
Median Rent:$1,835Median DOM:1New:7Total:29

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving 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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