ZIP 27597 Housing Market Report
Raleigh Metro
Report period: July 2026
27597 Monthly Market Update – July 2026
ZIP 27597 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$400,000
0.0%
Median DOM (Sales)
41
+17.1%
New Listings (Sales)
98
−41.7%
Median Rent
$1,900
−0.3%
Median DOM (Rental)
12
+20.0%
Total Rental Listings
121
−3.2%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (2 DOM)
- Fastest renting: Single Family (10 DOM)
- Strongest bedroom: 7 Beds ($1,800,000 median)
Sales Market Overview
Median Price
$400,000
0.0%
Median DOM
41
+17.1%
New Listings
98
−41.7%
Inventory
483
−3.6%
- Average Price: $487,495
- Median Price: $400,000
- Price Range: $50,000 – $4,775,000
- Price per Sq Ft (Avg/Median): $199 / $186
- Square Footage (Avg/Median): 2,381 / 2,351
- Square Footage Range: 886 – 7,247
- Days on Market (Avg/Median): 63 / 41
- Days on Market Range: 2 – 353
- New Listings: 98
- Total Listings: 483
Sales by Property Type
Land
Avg/Median Price$492,774 / $275,000Range$50,000 – $4,775,000Price per Sq Ft—Sq Ft—DOM110 / 86New1Total63
Manufactured
Avg/Median Price$300,624 / $289,900Range$234,900 – $450,000Price per Sq Ft$155 / $146Sq Ft1,999 / 1,860DOM38 / 22New1Total8
Multi-Family
Avg/Median Price$303,036 / $285,137Range$280,000 – $324,020Price per Sq Ft$161 / $152Sq Ft1,895 / 1,664DOM4 / 2New5Total6
Single Family
Avg/Median Price$507,843 / $419,900Range$99,000 – $3,975,000Price per Sq Ft$203 / $190Sq Ft2,444 / 2,408DOM60 / 37New86Total381
Townhouse
Avg/Median Price$268,158 / $262,945Range$234,900 – $324,900Price per Sq Ft$163 / $163Sq Ft1,648 / 1,618DOM40 / 30New5Total25
Sales by Bedroom Count
2 Beds
Avg:$279,225Median:$234,900Range:$199,000 – $485,000PSF:$242 / $233Sq Ft:1,145 / 1,111DOM:58 / 33New:1Total:8
3 Beds
Avg:$389,692Median:$360,000Range:$99,000 – $1,475,000PSF:$198 / $191Sq Ft:1,967 / 1,879DOM:67 / 45New:37Total:209
4 Beds
Avg:$609,632Median:$484,989Range:$259,900 – $3,975,000PSF:$204 / $183Sq Ft:2,830 / 2,699DOM:52 / 27New:45Total:168
5 Beds
Avg:$485,820Median:$461,990Range:$349,985 – $750,000PSF:$163 / $162Sq Ft:2,978 / 2,937DOM:24 / 6New:14Total:34
7 Beds
Avg:$1,800,000Median:$1,800,000Range:$1,800,000 – $1,800,000PSF:$609 / $609Sq Ft:2,954 / 2,954DOM:79 / 79New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $279,225 | $234,900 | $199,000 – $485,000 | $242 / $233 | 1,145 / 1,111 | 58 / 33 | 1 | 8 |
| 3 Beds | $389,692 | $360,000 | $99,000 – $1,475,000 | $198 / $191 | 1,967 / 1,879 | 67 / 45 | 37 | 209 |
| 4 Beds | $609,632 | $484,989 | $259,900 – $3,975,000 | $204 / $183 | 2,830 / 2,699 | 52 / 27 | 45 | 168 |
| 5 Beds | $485,820 | $461,990 | $349,985 – $750,000 | $163 / $162 | 2,978 / 2,937 | 24 / 6 | 14 | 34 |
| 7 Beds | $1,800,000 | $1,800,000 | $1,800,000 – $1,800,000 | $609 / $609 | 2,954 / 2,954 | 79 / 79 | 0 | 1 |
Rental Market Overview
Median Rent
$1,900
−0.3%
Median DOM
12
+20.0%
New Listings
25
Inventory
121
−3.2%
- Average Rent: $1,947
- Median Rent: $1,900
- Rent Range: $895 – $2,995
- Rent per Sq Ft (Avg/Median): $1 / $1
- Square Footage (Avg/Median): 1,797 / 1,800
- Square Footage Range: 660 – 2,805
- Days on Market (Avg/Median): 31 / 12
- Days on Market Range: 1 – 265
- New Listings: 25
- Total Listings: 121
Rentals by Property Type
Apartment
$1,250
Median DOM: 16
Inventory: 3
MoM: −0.3%
Condo
—
Median DOM: —
Inventory: —
MoM: −0.3%
Single Family
$1,949
Median DOM: 10
Inventory: 110
MoM: −0.3%
Townhouse
$1,795
Median DOM: 26
Inventory: 6
MoM: −0.3%
Apartment
Avg/Median Rent$1,232 / $1,250Range$1,145 – $1,300Rent per Sq Ft$2 / $2Sq Ft754 / 782DOM17 / 16New0Total3
Multi-Family
Avg/Median Rent$1,322 / $895Range$895 – $1,750Rent per Sq Ft$1 / $1Sq Ft1,600 / 1,600DOM70 / 17New0Total2
Single Family
Avg/Median Rent$1,986 / $1,949Range$1,400 – $2,995Rent per Sq Ft$1 / $1Sq Ft1,833 / 1,802DOM31 / 10New24Total110
Townhouse
Avg/Median Rent$1,800 / $1,795Range$1,625 – $1,895Rent per Sq Ft$1 / $1Sq Ft1,711 / 1,700DOM31 / 26New1Total6
Rentals by Bedroom Count
Studio
Avg:$2,200Median:$2,200Range:$2,200 – $2,200PSF:$1 / $1Sq Ft:2,156 / 2,156DOM:56 / 56New:0Total:1
1 Beds
Avg:$1,145Median:$1,145Range:$1,145 – $1,145PSF:$2 / $2Sq Ft:660 / 660DOM:—New:0Total:1
2 Beds
Avg:$1,419Median:$1,400Range:$895 – $1,900PSF:$2 / $2Sq Ft:941 / 996DOM:13 / 16New:1Total:8
3 Beds
Avg:$1,862Median:$1,875Range:$1,545 – $2,340PSF:$1 / $1Sq Ft:1,588 / 1,596DOM:29 / 14New:14Total:67
4 Beds
Avg:$2,125Median:$2,130Range:$1,625 – $2,995PSF:$1 / $1Sq Ft:2,169 / 2,199DOM:32 / 1New:9Total:37
5 Beds
Avg:$2,497Median:$2,415Range:$2,275 – $2,900PSF:$1 / $1Sq Ft:2,777 / 2,805DOM:102 / 41New:1Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,200 | $2,200 | $2,200 – $2,200 | $1 / $1 | 2,156 / 2,156 | 56 / 56 | 0 | 1 |
| 1 Beds | $1,145 | $1,145 | $1,145 – $1,145 | $2 / $2 | 660 / 660 | — | 0 | 1 |
| 2 Beds | $1,419 | $1,400 | $895 – $1,900 | $2 / $2 | 941 / 996 | 13 / 16 | 1 | 8 |
| 3 Beds | $1,862 | $1,875 | $1,545 – $2,340 | $1 / $1 | 1,588 / 1,596 | 29 / 14 | 14 | 67 |
| 4 Beds | $2,125 | $2,130 | $1,625 – $2,995 | $1 / $1 | 2,169 / 2,199 | 32 / 1 | 9 | 37 |
| 5 Beds | $2,497 | $2,415 | $2,275 – $2,900 | $1 / $1 | 2,777 / 2,805 | 102 / 41 | 1 | 7 |
6-Month Sales Trend
Feb 2026
Median Price:$377,900Median DOM:41New:134Total:449
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:98Total:483
6-Month Rental Trend
Feb 2026
Median Rent:$1,825Median DOM:9New:43Total:110
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:12New:25Total:121
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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.
272072720827231272432725227256272782731227344275022750327504275082751027511275122751327514275152751627517275182751927520275232752427525275262752727529+50 more
← Back to Raleigh Metro