ZIP 27597 Housing Market Report
Raleigh Metro
Report period: August 2026
27597 Monthly Market Update – August 2026
ZIP 27597 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$400,000
0.0%
Median DOM (Sales)
44
+7.3%
New Listings (Sales)
112
−36.7%
Median Rent
$1,900
0.0%
Median DOM (Rental)
16
+14.3%
Total Rental Listings
116
−4.1%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (2 DOM)
- Fastest renting: Single Family (13 DOM)
- Strongest bedroom: 7 Beds ($1,800,000 median)
Sales Market Overview
Median Price
$400,000
0.0%
Median DOM
44
+7.3%
New Listings
112
−36.7%
Inventory
523
+1.9%
- Average Price: $489,426
- Median Price: $400,000
- Price Range: $50,000 – $4,775,000
- Price per Sq Ft (Avg/Median): $201 / $185
- Square Footage (Avg/Median): 2,389 / 2,371
- Square Footage Range: 782 – 7,247
- Days on Market (Avg/Median): 66 / 44
- Days on Market Range: 2 – 347
- New Listings: 112
- Total Listings: 523
Sales by Property Type
Land
Avg/Median Price$482,331 / $250,000Range$50,000 – $4,775,000Price per Sq Ft—Sq Ft—DOM124 / 104New1Total63
Manufactured
Avg/Median Price$364,199 / $280,000Range$180,000 – $1,100,000Price per Sq Ft$235 / $146Sq Ft1,869 / 1,778DOM32 / 26New0Total10
Multi-Family
Avg/Median Price$299,740 / $281,020Range$269,900 – $324,020Price per Sq Ft$159 / $152Sq Ft1,895 / 1,664DOM2 / 2New3Total4
Single Family
Avg/Median Price$507,875 / $419,999Range$95,000 – $3,300,000Price per Sq Ft$203 / $190Sq Ft2,448 / 2,418DOM60 / 36New101Total422
Townhouse
Avg/Median Price$267,456 / $261,910Range$238,990 – $324,900Price per Sq Ft$161 / $161Sq Ft1,663 / 1,603DOM49 / 50New7Total24
Sales by Bedroom Count
2 Beds
Avg:$255,175Median:$224,999Range:$95,000 – $485,000PSF:$234 / $233Sq Ft:1,084 / 1,006DOM:57 / 39New:0Total:8
3 Beds
Avg:$388,869Median:$353,000Range:$99,000 – $1,475,000PSF:$201 / $190Sq Ft:1,947 / 1,864DOM:67 / 50New:36Total:226
4 Beds
Avg:$617,192Median:$499,700Range:$264,990 – $3,300,000PSF:$206 / $188Sq Ft:2,854 / 2,699DOM:55 / 25New:61Total:186
5 Beds
Avg:$488,706Median:$508,000Range:$349,985 – $697,000PSF:$163 / $165Sq Ft:2,990 / 2,937DOM:29 / 6New:14Total:39
7 Beds
Avg:$1,800,000Median:$1,800,000Range:$1,800,000 – $1,800,000PSF:$609 / $609Sq Ft:2,954 / 2,954DOM:109 / 109New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $255,175 | $224,999 | $95,000 – $485,000 | $234 / $233 | 1,084 / 1,006 | 57 / 39 | 0 | 8 |
| 3 Beds | $388,869 | $353,000 | $99,000 – $1,475,000 | $201 / $190 | 1,947 / 1,864 | 67 / 50 | 36 | 226 |
| 4 Beds | $617,192 | $499,700 | $264,990 – $3,300,000 | $206 / $188 | 2,854 / 2,699 | 55 / 25 | 61 | 186 |
| 5 Beds | $488,706 | $508,000 | $349,985 – $697,000 | $163 / $165 | 2,990 / 2,937 | 29 / 6 | 14 | 39 |
| 7 Beds | $1,800,000 | $1,800,000 | $1,800,000 – $1,800,000 | $609 / $609 | 2,954 / 2,954 | 109 / 109 | 0 | 1 |
Rental Market Overview
Median Rent
$1,900
0.0%
Median DOM
16
+14.3%
New Listings
23
Inventory
116
−4.1%
- Average Rent: $1,939
- Median Rent: $1,900
- Rent Range: $895 – $3,995
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,824 / 1,800
- Square Footage Range: 782 – 4,736
- Days on Market (Avg/Median): 29 / 16
- Days on Market Range: 1 – 271
- New Listings: 23
- Total Listings: 116
Rentals by Property Type
Apartment
$1,250
Median DOM: 21
Inventory: 4
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$1,935
Median DOM: 13
Inventory: 102
MoM: 0.0%
Townhouse
$1,800
Median DOM: 26
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$1,206 / $1,250Range$925 – $1,350Rent per Sq Ft$1 / $1Sq Ft839 / 820DOM28 / 21New0Total4
Multi-Family
Avg/Median Rent$1,282 / $1,200Range$895 – $1,750Rent per Sq Ft$1 / $1Sq Ft1,215 / 830DOM53 / 17New1Total3
Single Family
Avg/Median Rent$1,993 / $1,935Range$1,250 – $3,995Rent per Sq Ft$1 / $1Sq Ft1,882 / 1,800DOM28 / 13New19Total102
Townhouse
Avg/Median Rent$1,848 / $1,800Range$1,625 – $2,125Rent per Sq Ft$1 / $1Sq Ft1,737 / 1,757DOM26 / 26New3Total7
Rentals by Bedroom Count
1 Beds
Avg:$925Median:$925Range:$925 – $925PSF:$1 / $1Sq Ft:850 / 850DOM:21 / 21New:0Total:1
2 Beds
Avg:$1,303Median:$1,300Range:$895 – $1,610PSF:$2 / $2Sq Ft:908 / 905DOM:19 / 16New:1Total:9
3 Beds
Avg:$1,875Median:$1,895Range:$1,595 – $2,600PSF:$1 / $1Sq Ft:1,626 / 1,600DOM:32 / 16New:14Total:68
4 Beds
Avg:$2,204Median:$2,125Range:$1,625 – $3,995PSF:$1 / $1Sq Ft:2,290 / 2,260DOM:18 / 13New:7Total:34
5 Beds
Avg:$2,451Median:$2,275Range:$2,170 – $2,900PSF:$1 / $1Sq Ft:2,896 / 2,805DOM:112 / 71New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $925 | $925 | $925 – $925 | $1 / $1 | 850 / 850 | 21 / 21 | 0 | 1 |
| 2 Beds | $1,303 | $1,300 | $895 – $1,610 | $2 / $2 | 908 / 905 | 19 / 16 | 1 | 9 |
| 3 Beds | $1,875 | $1,895 | $1,595 – $2,600 | $1 / $1 | 1,626 / 1,600 | 32 / 16 | 14 | 68 |
| 4 Beds | $2,204 | $2,125 | $1,625 – $3,995 | $1 / $1 | 2,290 / 2,260 | 18 / 13 | 7 | 34 |
| 5 Beds | $2,451 | $2,275 | $2,170 – $2,900 | $1 / $1 | 2,896 / 2,805 | 112 / 71 | 1 | 4 |
6-Month Sales Trend
Mar 2026
Median Price:$379,900Median DOM:27New:190Total:479
Apr 2026
Median Price:$389,275Median DOM:34New:164Total:516
May 2026
Median Price:$398,600Median DOM:32New:178Total:521
Jun 2026
Median Price:$400,000Median DOM:35New:168Total:501
Jul 2026
Median Price:$400,000Median DOM:41New:177Total:513
Aug 2026
Median Price:$400,000Median DOM:44New:112Total:523
6-Month Rental Trend
Mar 2026
Median Rent:$1,900Median DOM:7New:48Total:116
Apr 2026
Median Rent:$1,895Median DOM:10New:51Total:135
May 2026
Median Rent:$1,899Median DOM:15New:44Total:132
Jun 2026
Median Rent:$1,905Median DOM:10New:43Total:125
Jul 2026
Median Rent:$1,900Median DOM:14New:46Total:121
Aug 2026
Median Rent:$1,900Median DOM:16New:23Total:116
Key Market Takeaways
Median sale prices held steady 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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