ZIP 27596 Housing Market Report
Raleigh Metro
Report period: May 2026
27596 Monthly Market Update – May 2026
ZIP 27596 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$435,000
−0.6%
Median DOM (Sales)
45
+9.8%
New Listings (Sales)
30
−60.5%
Median Rent
$1,750
0.0%
Median DOM (Rental)
35
−10.3%
Total Rental Listings
74
−8.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (16 DOM)
- Fastest renting: Single Family (5 DOM)
- Strongest bedroom: 6 Beds ($1,300,000 median)
Sales Market Overview
Median Price
$435,000
−0.6%
Median DOM
45
+9.8%
New Listings
30
−60.5%
Inventory
359
+2.9%
- Average Price: $611,814
- Median Price: $435,000
- Price Range: $65,000 – $8,340,000
- Price per Sq Ft (Avg/Median): $218 / $199
- Square Footage (Avg/Median): 2,490 / 2,445
- Square Footage Range: 900 – 5,734
- Days on Market (Avg/Median): 70 / 45
- Days on Market Range: 2 – 351
- New Listings: 30
- Total Listings: 359
Sales by Property Type
Land
Avg/Median Price$2,419,667 / $800,000Range$65,000 – $8,340,000Price per Sq Ft—Sq Ft—DOM70 / 72New0Total9
Manufactured
Avg/Median Price$251,225 / $269,900Range$95,000 – $345,000Price per Sq Ft$144 / $147Sq Ft1,681 / 1,620DOM60 / 26New0Total4
Single Family
Avg/Median Price$596,348 / $454,990Range$169,000 – $2,650,000Price per Sq Ft$222 / $207Sq Ft2,590 / 2,538DOM73 / 47New23Total316
Townhouse
Avg/Median Price$280,443 / $278,555Range$249,990 – $310,980Price per Sq Ft$183 / $182Sq Ft1,535 / 1,442DOM33 / 16New7Total30
Sales by Bedroom Count
2 Beds
Avg:$348,527Median:$285,000Range:$169,000 – $549,900PSF:$228 / $248Sq Ft:1,560 / 1,188DOM:59 / 31New:2Total:10
3 Beds
Avg:$422,467Median:$379,915Range:$95,000 – $1,835,000PSF:$211 / $201Sq Ft:1,980 / 1,955DOM:52 / 32New:19Total:172
4 Beds
Avg:$780,518Median:$699,000Range:$310,000 – $2,650,000PSF:$241 / $226Sq Ft:3,102 / 3,039DOM:99 / 69New:5Total:127
5 Beds
Avg:$532,215Median:$425,000Range:$333,000 – $2,350,000PSF:$174 / $154Sq Ft:2,886 / 2,900DOM:61 / 42New:4Total:40
6 Beds
Avg:$1,300,000Median:$1,300,000Range:$1,300,000 – $1,300,000PSF:$227 / $227Sq Ft:5,734 / 5,734DOM:129 / 129New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $348,527 | $285,000 | $169,000 – $549,900 | $228 / $248 | 1,560 / 1,188 | 59 / 31 | 2 | 10 |
| 3 Beds | $422,467 | $379,915 | $95,000 – $1,835,000 | $211 / $201 | 1,980 / 1,955 | 52 / 32 | 19 | 172 |
| 4 Beds | $780,518 | $699,000 | $310,000 – $2,650,000 | $241 / $226 | 3,102 / 3,039 | 99 / 69 | 5 | 127 |
| 5 Beds | $532,215 | $425,000 | $333,000 – $2,350,000 | $174 / $154 | 2,886 / 2,900 | 61 / 42 | 4 | 40 |
| 6 Beds | $1,300,000 | $1,300,000 | $1,300,000 – $1,300,000 | $227 / $227 | 5,734 / 5,734 | 129 / 129 | 0 | 1 |
Rental Market Overview
Median Rent
$1,750
0.0%
Median DOM
35
−10.3%
New Listings
13
Inventory
74
−8.6%
- Average Rent: $1,768
- Median Rent: $1,750
- Rent Range: $730 – $2,850
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,472 / 1,447
- Square Footage Range: 690 – 3,100
- Days on Market (Avg/Median): 56 / 35
- Days on Market Range: 1 – 192
- New Listings: 13
- Total Listings: 74
Rentals by Property Type
Apartment
$995
Median DOM: —
Inventory: 2
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,010
Median DOM: 5
Inventory: 36
MoM: 0.0%
Townhouse
$1,550
Median DOM: 109
Inventory: 31
MoM: 0.0%
Apartment
Avg/Median Rent$1,145 / $995Range$995 – $1,295Rent per Sq Ft$1 / $1Sq Ft808 / 690DOM—New0Total2
Manufactured
Avg/Median Rent$1,240 / $1,200Range$950 – $1,600Rent per Sq Ft$1 / $1Sq Ft1,060 / 850DOM92 / 88New0Total5
Single Family
Avg/Median Rent$2,039 / $2,010Range$730 – $2,850Rent per Sq Ft$1 / $1Sq Ft1,809 / 1,679DOM25 / 5New10Total36
Townhouse
Avg/Median Rent$1,579 / $1,550Range$1,300 – $1,750Rent per Sq Ft$1 / $1Sq Ft1,209 / 1,033DOM83 / 109New3Total31
Rentals by Bedroom Count
1 Beds
Avg:$875Median:$900Range:$730 – $995PSF:$1 / $1Sq Ft:1,113 / 1,200DOM:16 / 1New:1Total:3
2 Beds
Avg:$1,441Median:$1,495Range:$950 – $1,550PSF:$1 / $1Sq Ft:1,014 / 1,033DOM:76 / 88New:1Total:22
3 Beds
Avg:$1,869Median:$1,800Range:$1,200 – $2,850PSF:$1 / $1Sq Ft:1,544 / 1,447DOM:54 / 51New:8Total:38
4 Beds
Avg:$2,296Median:$2,300Range:$1,825 – $2,595PSF:$1 / $1Sq Ft:2,256 / 2,264DOM:31 / 10New:2Total:10
5 Beds
Avg:$2,550Median:$2,550Range:$2,550 – $2,550PSF:$1 / $1Sq Ft:2,310 / 2,310DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $875 | $900 | $730 – $995 | $1 / $1 | 1,113 / 1,200 | 16 / 1 | 1 | 3 |
| 2 Beds | $1,441 | $1,495 | $950 – $1,550 | $1 / $1 | 1,014 / 1,033 | 76 / 88 | 1 | 22 |
| 3 Beds | $1,869 | $1,800 | $1,200 – $2,850 | $1 / $1 | 1,544 / 1,447 | 54 / 51 | 8 | 38 |
| 4 Beds | $2,296 | $2,300 | $1,825 – $2,595 | $1 / $1 | 2,256 / 2,264 | 31 / 10 | 2 | 10 |
| 5 Beds | $2,550 | $2,550 | $2,550 – $2,550 | $1 / $1 | 2,310 / 2,310 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$459,900Median DOM:57New:58Total:298
Jan 2026
Median Price:$452,570Median DOM:53New:84Total:296
Feb 2026
Median Price:$445,000Median DOM:38New:95Total:308
Mar 2026
Median Price:$449,990Median DOM:36New:96Total:329
Apr 2026
Median Price:$437,445Median DOM:41New:76Total:349
May 2026
Median Price:$435,000Median DOM:45New:30Total:359
6-Month Rental Trend
Dec 2025
Median Rent:$1,800Median DOM:14New:23Total:50
Jan 2026
Median Rent:$1,750Median DOM:30New:36Total:71
Feb 2026
Median Rent:$1,750Median DOM:32New:28Total:78
Mar 2026
Median Rent:$1,750Median DOM:42New:26Total:84
Apr 2026
Median Rent:$1,750Median DOM:39New:25Total:81
May 2026
Median Rent:$1,750Median DOM:35New:13Total:74
Key Market Takeaways
Median sale prices softened 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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