ZIP 27592 Housing Market Report

Raleigh Metro

Report period: July 2026

27592 Monthly Market Update – July 2026

ZIP 27592 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$414,900
−1.2%
Median DOM (Sales)
28
+7.7%
New Listings (Sales)
45
−34.8%
Median Rent
$1,879
−0.8%
Median DOM (Rental)
7
−22.2%
Total Rental Listings
37
+12.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (11 DOM)
  • Fastest renting: Single Family (7 DOM)
  • Strongest bedroom: 4 Beds ($514,700 median)

Sales Market Overview

Median Price
$414,900
−1.2%
Median DOM
28
+7.7%
New Listings
45
−34.8%
Inventory
206
−1.0%
  • Average Price: $423,081
  • Median Price: $414,900
  • Price Range: $50,000 – $1,750,000
  • Price per Sq Ft (Avg/Median): $193 / $190
  • Square Footage (Avg/Median): 2,293 / 2,313
  • Square Footage Range: 911 – 5,329
  • Days on Market (Avg/Median): 45 / 28
  • Days on Market Range: 1 – 341
  • New Listings: 45
  • Total Listings: 206

Sales by Property Type

Land
Avg/Median Price$344,385 / $130,000Range$50,000 – $1,750,000Price per Sq FtSq FtDOM77 / 71New0Total13
Manufactured
Avg/Median Price$241,036 / $250,000Range$99,000 – $365,000Price per Sq Ft$168 / $174Sq Ft1,428 / 1,448DOM48 / 29New1Total11
Single Family
Avg/Median Price$466,199 / $448,000Range$200,000 – $1,095,000Price per Sq Ft$197 / $194Sq Ft2,475 / 2,511DOM44 / 24New34Total148
Townhouse
Avg/Median Price$324,379 / $299,990Range$259,990 – $613,990Price per Sq Ft$183 / $180Sq Ft1,778 / 1,713DOM35 / 11New10Total34

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:$366,167Median:$365,000Range:$99,000 – $715,000PSF:$204 / $197Sq Ft:1,811 / 1,713DOM:38 / 21New:22Total:103
4 Beds
Avg:$516,547Median:$514,700Range:$285,000 – $1,095,000PSF:$190 / $192Sq Ft:2,741 / 2,754DOM:50 / 47New:15Total:59
5 Beds
Avg:$487,804Median:$469,990Range:$397,985 – $613,990PSF:$158 / $161Sq Ft:3,181 / 2,825DOM:44 / 17New:8Total:29

Rental Market Overview

Median Rent
$1,879
−0.8%
Median DOM
7
−22.2%
New Listings
8
Inventory
37
+12.1%
  • Average Rent: $1,852
  • Median Rent: $1,879
  • Rent Range: $1,200 – $2,500
  • Rent per Sq Ft (Avg/Median): $1 / $1
  • Square Footage (Avg/Median): 1,567 / 1,519
  • Square Footage Range: 750 – 2,618
  • Days on Market (Avg/Median): 20 / 7
  • Days on Market Range: 1 – 90
  • New Listings: 8
  • Total Listings: 37

Rentals by Property Type

Apartment
$1,400
Median DOM:
Inventory: 1
MoM: −0.8%
Condo
Median DOM:
Inventory:
MoM: −0.8%
Single Family
$1,879
Median DOM: 7
Inventory: 33
MoM: −0.8%
Townhouse
$1,895
Median DOM: 15
Inventory: 3
MoM: −0.8%
Apartment
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$2 / $2Sq Ft750 / 750DOMNew0Total1
Single Family
Avg/Median Rent$1,860 / $1,879Range$1,200 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,577 / 1,460DOM20 / 7New8Total33
Townhouse
Avg/Median Rent$1,907 / $1,895Range$1,850 – $1,975Rent per Sq Ft$1 / $1Sq Ft1,740 / 1,713DOM16 / 15New0Total3

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:$1,350Median:$1,350Range:$1,350 – $1,350PSF:$1 / $1Sq Ft:1,000 / 1,000DOM:New:0Total:1
3 Beds
Avg:$1,860Median:$1,879Range:$1,350 – $2,400PSF:$1 / $1Sq Ft:1,584 / 1,460DOM:16 / 7New:7Total:31
4 Beds
Avg:$2,298Median:$2,500Range:$1,895 – $2,500PSF:$1 / $1Sq Ft:1,866 / 1,798DOM:46 / 47New:1Total:3

6-Month Sales Trend

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:$427,000Median DOM:20New:93Total:219
Jun 2026
Median Price:$419,990Median DOM:26New:69Total:208
Jul 2026
Median Price:$414,900Median DOM:28New:45Total:206

6-Month Rental Trend

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:$1,895Median DOM:1New:13Total:36
Jun 2026
Median Rent:$1,895Median DOM:9New:13Total:33
Jul 2026
Median Rent:$1,879Median DOM:7New:8Total:37

Key Market Takeaways

Median sale prices softened 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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