ZIP 27601 Housing Market Report
Raleigh Metro
Report period: July 2026
27601 Monthly Market Update – July 2026
ZIP 27601 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$599,000
0.0%
Median DOM (Sales)
61
0.0%
New Listings (Sales)
10
−71.4%
Median Rent
$1,880
−2.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
582
−0.9%
Month-over-Month Movement
Median sale prices were flat. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (45 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($1,618,000 median)
Sales Market Overview
Median Price
$599,000
0.0%
Median DOM
61
0.0%
New Listings
10
−71.4%
Inventory
137
0.0%
- Average Price: $902,017
- Median Price: $599,000
- Price Range: $196,000 – $4,650,000
- Price per Sq Ft (Avg/Median): $480 / $411
- Square Footage (Avg/Median): 1,839 / 1,769
- Square Footage Range: 714 – 4,390
- Days on Market (Avg/Median): 88 / 61
- Days on Market Range: 2 – 300
- New Listings: 10
- Total Listings: 137
Sales by Property Type
Condo
Avg/Median Price$1,209,912 / $638,550Range$310,000 – $4,650,000Price per Sq Ft$630 / $450Sq Ft1,708 / 1,470DOM105 / 87New1Total47
Land
Avg/Median Price$707,238 / $299,000Range$199,900 – $1,800,000Price per Sq Ft—Sq Ft—DOM108 / 53New0Total8
Multi-Family
Avg/Median Price$866,500 / $599,000Range$425,000 – $1,950,000Price per Sq Ft$323 / $281Sq Ft2,632 / 2,300DOM70 / 60New0Total10
Single Family
Avg/Median Price$669,705 / $575,000Range$196,000 – $1,595,000Price per Sq Ft$402 / $399Sq Ft1,688 / 1,481DOM68 / 45New9Total58
Townhouse
Avg/Median Price$967,479 / $1,098,000Range$549,900 – $1,325,000Price per Sq Ft$408 / $423Sq Ft2,339 / 2,300DOM116 / 79New0Total14
Sales by Bedroom Count
Studio
Avg:$540,000Median:$425,000Range:$420,000 – $775,000PSF:$329 / $328Sq Ft:1,710 / 1,769DOM:85 / 60New:0Total:3
1 Beds
Avg:$452,417Median:$379,000Range:$196,000 – $900,000PSF:$439 / $399Sq Ft:1,022 / 929DOM:111 / 87New:1Total:12
2 Beds
Avg:$803,252Median:$539,900Range:$330,000 – $1,940,000PSF:$567 / $452Sq Ft:1,357 / 1,310DOM:75 / 56New:1Total:27
3 Beds
Avg:$1,055,461Median:$599,000Range:$331,000 – $4,650,000PSF:$506 / $422Sq Ft:1,883 / 1,806DOM:86 / 51New:5Total:58
4 Beds
Avg:$899,565Median:$809,000Range:$525,000 – $1,595,000PSF:$375 / $385Sq Ft:2,388 / 2,300DOM:98 / 111New:3Total:23
5 Beds
Avg:$839,900Median:$839,900Range:$839,900 – $839,900PSF:$513 / $513Sq Ft:1,637 / 1,637DOM:23 / 23New:0Total:1
6 Beds
Avg:$1,204,250Median:$969,000Range:$899,000 – $1,950,000PSF:$357 / $354Sq Ft:3,350 / 2,820DOM:60 / 33New:0Total:4
8 Beds
Avg:$1,618,000Median:$1,618,000Range:$1,618,000 – $1,618,000PSF:$399 / $399Sq Ft:4,054 / 4,054DOM:86 / 86New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $540,000 | $425,000 | $420,000 – $775,000 | $329 / $328 | 1,710 / 1,769 | 85 / 60 | 0 | 3 |
| 1 Beds | $452,417 | $379,000 | $196,000 – $900,000 | $439 / $399 | 1,022 / 929 | 111 / 87 | 1 | 12 |
| 2 Beds | $803,252 | $539,900 | $330,000 – $1,940,000 | $567 / $452 | 1,357 / 1,310 | 75 / 56 | 1 | 27 |
| 3 Beds | $1,055,461 | $599,000 | $331,000 – $4,650,000 | $506 / $422 | 1,883 / 1,806 | 86 / 51 | 5 | 58 |
| 4 Beds | $899,565 | $809,000 | $525,000 – $1,595,000 | $375 / $385 | 2,388 / 2,300 | 98 / 111 | 3 | 23 |
| 5 Beds | $839,900 | $839,900 | $839,900 – $839,900 | $513 / $513 | 1,637 / 1,637 | 23 / 23 | 0 | 1 |
| 6 Beds | $1,204,250 | $969,000 | $899,000 – $1,950,000 | $357 / $354 | 3,350 / 2,820 | 60 / 33 | 0 | 4 |
| 8 Beds | $1,618,000 | $1,618,000 | $1,618,000 – $1,618,000 | $399 / $399 | 4,054 / 4,054 | 86 / 86 | 0 | 1 |
Rental Market Overview
Median Rent
$1,880
−2.0%
Median DOM
1
0.0%
New Listings
334
Inventory
582
−0.9%
- Average Rent: $2,087
- Median Rent: $1,880
- Rent Range: $895 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 899 / 813
- Square Footage Range: 347 – 2,600
- Days on Market (Avg/Median): 8 / 1
- Days on Market Range: 1 – 295
- New Listings: 334
- Total Listings: 582
Rentals by Property Type
Apartment
$1,850
Median DOM: 1
Inventory: 515
MoM: −2.0%
Condo
$2,650
Median DOM: 42
Inventory: 15
MoM: −2.0%
Single Family
$2,100
Median DOM: 1
Inventory: 39
MoM: −2.0%
Townhouse
$2,250
Median DOM: 1
Inventory: 11
MoM: −2.0%
Apartment
Avg/Median Rent$2,051 / $1,850Range$895 – $5,800Rent per Sq Ft$2 / $2Sq Ft857 / 765DOM5 / 1New320Total515
Condo
Avg/Median Rent$2,763 / $2,650Range$1,650 – $6,200Rent per Sq Ft$2 / $2Sq Ft1,396 / 1,420DOM57 / 42New2Total15
Multi-Family
Avg/Median Rent$1,295 / $895Range$895 – $1,695Rent per Sq Ft$1 / $1Sq Ft972 / 695DOM28 / 19New0Total2
Single Family
Avg/Median Rent$2,122 / $2,100Range$895 – $3,450Rent per Sq Ft$2 / $2Sq Ft1,187 / 1,104DOM24 / 1New9Total39
Townhouse
Avg/Median Rent$2,863 / $2,250Range$975 – $6,500Rent per Sq Ft$2 / $1Sq Ft1,557 / 1,102DOM54 / 1New3Total11
Rentals by Bedroom Count
Studio
Avg:$1,407Median:$1,363Range:$895 – $1,970PSF:$3 / $3Sq Ft:551 / 543DOM:6 / 1New:65Total:110
1 Beds
Avg:$1,831Median:$1,773Range:$895 – $3,193PSF:$2 / $2Sq Ft:766 / 722DOM:5 / 1New:142Total:240
2 Beds
Avg:$2,645Median:$2,548Range:$895 – $6,200PSF:$2 / $2Sq Ft:1,150 / 1,160DOM:6 / 1New:119Total:192
3 Beds
Avg:$2,783Median:$2,595Range:$1,495 – $6,500PSF:$2 / $2Sq Ft:1,482 / 1,500DOM:45 / 4New:7Total:38
4 Beds
Avg:$3,272Median:$3,095Range:$3,095 – $3,450PSF:$1 / $1Sq Ft:2,200 / 2,100DOM:7 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,407 | $1,363 | $895 – $1,970 | $3 / $3 | 551 / 543 | 6 / 1 | 65 | 110 |
| 1 Beds | $1,831 | $1,773 | $895 – $3,193 | $2 / $2 | 766 / 722 | 5 / 1 | 142 | 240 |
| 2 Beds | $2,645 | $2,548 | $895 – $6,200 | $2 / $2 | 1,150 / 1,160 | 6 / 1 | 119 | 192 |
| 3 Beds | $2,783 | $2,595 | $1,495 – $6,500 | $2 / $2 | 1,482 / 1,500 | 45 / 4 | 7 | 38 |
| 4 Beds | $3,272 | $3,095 | $3,095 – $3,450 | $1 / $1 | 2,200 / 2,100 | 7 / 1 | 1 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$539,999Median DOM:72New:23Total:105
Mar 2026
Median Price:$575,000Median DOM:56New:33Total:114
Apr 2026
Median Price:$575,000Median DOM:56New:28Total:114
May 2026
Median Price:$579,000Median DOM:66New:26Total:127
Jun 2026
Median Price:$599,000Median DOM:61New:35Total:137
Jul 2026
Median Price:$599,000Median DOM:61New:10Total:137
6-Month Rental Trend
Feb 2026
Median Rent:$1,850Median DOM:1New:384Total:539
Mar 2026
Median Rent:$1,916Median DOM:1New:453Total:630
Apr 2026
Median Rent:$1,995Median DOM:1New:450Total:572
May 2026
Median Rent:$1,899Median DOM:1New:448Total:590
Jun 2026
Median Rent:$1,919Median DOM:1New:425Total:587
Jul 2026
Median Rent:$1,880Median DOM:1New:334Total:582
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. Days on market were unchanged, signaling steady 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.
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